Results Briefing for the First Nine Months of Fiscal 2022 (Q3 FY2022*)

*Throughout this document, FY2022 refers to the fiscal year ending March 31, 2023.

Q3 refers to a cumulative nine-month period unless a three-month period is specifically stated.

February 7, 2023

UACJ Corporation

© UACJ Corporation. All rights reserved.

Key Points of Today's Announcements

Q3 FY2022: Sales increased YoY and ordinary income before metal price lag also

increased to ¥15.8 billion (YoY: +¥0.3 billion)

Full-yearforecast for FY2022: Ordinary income before metal price lag of ¥20.0 billion

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  • Overview for Q3 FY2022
    • Over Q1-Q3, profit increased; in Q3 alone (three-month period), performance was impacted by automotive production
    • Japan: Automotive-related businesses continued to be affected by market conditions, but sales of air conditioner fin materials and other general-purpose materials increased
    • Overseas: Captured strong global can stock demand, and profits increased at both TAA*1 and UATH*2

2

  • Full-YearForecast for FY2022
    • Although we are responding to changes in the external environment, performance will be impacted by disruption to automotive-related production, etc., so we have changed our forecast to actual profit

of ¥20.0 billion

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    • Applying price-determination system linked to market prices for energy and additive metals from 2H FY2022, as planned
  • Progress on Restructuring
    • Progress as planned in each measure
    • ¥21.0 billion in impact of structural reforms

*1

TAA: Tri-Arrows Aluminum Inc.

1

*2

UATH: UACJ (Thailand) Co., Ltd,.

© UACJ Corporation. All rights reserved.

Changes in the External Environment and Our Countermeasures

We are taking measures to establish a profit structure that is resilient to changes

in the external business environment

Japan

TAA (United States)

UATH (Thailand)

Increase in aluminum ingot prices

Pass on to sales prices

New contracts

Pass through to sales

Already introducedpricing

system linked to market prices

Pass-through to sales prices

prices

Soaring unit energy prices

implemented from 3Q, as

(already introducedpricing

Revisions to existing contracts

planned

system linked to market

Reached agreements with

prices)

some customers concerning

the pass-through of high

energy prices

Soaring additive metals prices

We have introduceda pricing system linked to market prices for products that

include many additive metals

Pass through to sales

Increase in logistics costs

prices (already introduced

formula system)

2

© UACJ Corporation. All rights reserved.

Contents

1. Results for Q3 FY2022

2. Progress on Restructuring

3. Full-Year Forecast for FY2022

4. Sustainability Initiatives

5. Reference Data

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© UACJ Corporation. All rights reserved.

1. Results for Q3 FY2022

© UACJ Corporation. All rights reserved.

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UACJ Corp. published this content on 07 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2023 09:41:37 UTC.