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Phone: +81-3-3285-7657 Notice Regarding Commencement of Tender Offer for Shares of Honshu Chemical Industry Co., Ltd. (Securities Code: 4115) Mitsui Chemicals, Inc. ( Mitsui Chemicals ) and Mitsui & Co., Ltd. ( Mitsui & Co., and together with Mitsui Chemicals, the Offerors ) have decided, as published in the Notice Regarding Scheduled Commencement of Tender Offer for Shares of Honshu Chemical Industry Co., Ltd. (Securities Code: 4115) dated November 11, 2020 (the Offerors November 11, 2020 Press Release ), that they will jointly acquire shares of the common stock (the Target s Shares ) of Honshu Chemical Industry Co., Ltd. (the Target ) through a tender offer (meaning the tender offer pursuant to the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; the Act ) and related laws and regulations; the Tender Offer ), upon the satisfaction (or waiver by the Offerors) of certain conditions, including the completion of the procedures and actions required by

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