Notice regarding Company Name Change of Consolidated SubsidiaryApril 3, 2023
NTN Corporation announced that it made the decision to change the company name of its consolidated subsidiary, NTN-SNR ROULEMENTS S.A. to NTN Europe S.A., as described below.
1.Overview of the Subsidiary
| Company Name | NTN-SNR ROULEMENTS S.A. |
|---|---|
| Headquarters | 1, rue des Usines, BP 2017, 74010 Annecy Cedex, France |
| Representative | Dominique Lavilla, President |
| Business Operation | Manufacture and sale of bearings for automobiles and industrial machineries including railway rolling stock, aircrafts, etc. |
| Capital | 322,639,919 EURO |
2.New Company Name
NTN Europe S.A.
3.Date of the Change
March 31, 2023
4.Reason for the Change
Change the company name in restructuring the business in Europe region aiming to improve corporate value.
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