YOKOHAMA has announced that, on 28^th March (Europe local time), the Competition and Markets Authority (United Kingdom) granted unconditional clearance of the planned acquisition of all outstanding shares of Trelleborg Wheel Systems Holding AB, a Swedish company engaged in the manufacture and sale of off-highway tyres for agricultural and industrial machinery, which was originally announced on 25^th March 2022.

As a result, the transaction now has been approved in all countries and regions that require prior approval based on the applicable antitrust laws. YOKOHAMA will proceed with all remaining procedures necessary for completion of the share transfer, which is anticipated to take place in the first half of 2023. The company will promptly disclose when any matters that should be announced occur.