Kioxia Prepares for Listing ADS Representing its Common Shares on a U.S. Stock Exchange

On May 15, Kioxia issued an announcement stating that it is preparing to list American Depositary Shares (ADS) representing its common stock on a U.S. stock exchange in order to expand its investor base and enhance corporate value. The specific details of the listing, such as the timing, exchange, and method of listing, have not yet been determined. Depending on changes during the preparation process, the company may also decide not to proceed with the listing. Kioxia will issue relevant announcements as needed and in a timely manner.