Notice Regarding the Issue of Unsecured Bonds

December 4, 2020

Kurita Water Industries Ltd. (Head Office: Nakano-ku, Tokyo; President: Michiya Kadota) has today approved the issue of a first series of unsecured bonds (with a limited inter-bond pari passu clause) according to the conditions provided below.

1.	Name of the Bonds	Kurita Water Industries Ltd., 1st Unsecured Bonds (5 years)
2.	Total Issue Amount	¥30 billion
3.	Interest Rate	0.150%
4.	Issue Price	The bonds shall be issued at ¥100 per face value of ¥100.
5.	Redemption Price	The bonds shall be redeemed at ¥100 per face value of ¥100.
6.	Payment Date	Thursday, December 10, 2020
7.	Redemption Date	Wednesday, December 10, 2025
8.	Ratings	A+ (Rating and Investment Information, Inc.)
9.	Underwriters	Nomura Securities Co., Ltd., SMBC Nikko Securities Inc., and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
10.	Fiscal Agent	MUFG Bank, Ltd.

Note: This English translation has been prepared for general reference purposes only. The Company shall not be responsible for any consequence resulting from the use of the English translation in place of the original Japanese text. In any legal matter, readers should refer to and rely upon the original Japanese text of the information dated December 4, 2020. Furthermore, this is a general announcement concerning the issuance of the Company's unsecured bonds and does not constitute any form of investment solicitation or similar act.