(Progress of Disclosure Matters)
Notice of Preparation for IPO of U.S. Subsidiary REALM IDx, Inc.

To whom it may concern,

Company name: Konica Minolta, Inc.
Representative: Toshimitsu Taiko, President and CEO
Stock Exchange Listing: Tokyo Prime Market
Local Securities Code Number: 4902
Contact: Miwa Okamura, Corporate Vice President, General Manager, Corporate Communications Division
Tel: (81) 3-6250-2111

Konica Minolta, Inc. (the “Company”) announced, on November 2, 2021, that its U.S. subsidiary, REALM IDx, Inc., headquartered in California, USA, was preparing for an IPO and listing in the United States. The Company has been continuing such preparations, while closely monitoring developments in the U.S. stock market since beginning of 2022. In light of recent market conditions, the Company is weighing when the time is right. The Company will make further disclosure as and when there is a change in the situation.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act"). This announcement is being issued in accordance with Rule 135 under the Securities Act.