TDK Electronics · TDK Europe

Corporate

November 7, 2025

TDK announces AMF approval of public tender offer, followed by a mandatory squeeze-out targeting the shares of Tronic’s

TDK Corporation (TSE:6762) and its wholly-owned subsidiary TDK Electronics AG announce that the French Financial Markets Authority (Autorité des Marchés Financiers – the “AMF”), on November 6, 2025, has declared the proposed public tender offer compliant, followed by a mandatory squeeze-out targeting the shares of Tronic’s Microsystems S.A. (“Tronic’s”), listed on Euronext Growth Paris.

OFFER PRICE: €5.56per share TRONIC'S

OFFER DURATION: 10 days of negotiation

This press release is prepared and issued by TDK Electronics AG (“TDK” or the “Initiator”) in accordance with the provisions of Article 231-28 I of the general regulations of the Autorité des Marchés Financiers (the " AMF ").

Pursuant to Article L. 621-8 of the Monetary and Financial Code and Article 231-23 of its general regulations, the AMF, in application of the decision of compliance regarding the public withdrawal offer followed by a mandatory withdrawal procedure (the " Offer"), has issued visa no. 25-430 dated November 6, 2025, regarding the information memorandum prepared by the Initiator as part of the Offer (the " Information Memorandum”)

IMPORTANT NOTICE

Following the public delisting offer covered by this press release, the mandatory delisting procedure provided for under Article L. 433-4, II of the Monetary and Financial Code will be implemented, as the conditions for such delisting have already been met. Tronics's shares not tendered to the public delisting offer will be transferred to TDK in exchange for compensation equal to the price of the public delisting offer per share, i.e., 5.56 € per Tronic’s share, net of all fees.

In accordance with the provisions of Article 231-28 of the AMF General Regulation, information relating to the characteristics, particularly legal, financial, and accounting aspects of TDK (the "Other Information Document") has been filed with the AMF and made available to the public on November 6, 2025.

The Information Memorandum approved by the AMF and the Other Information Document are available on the AMF website (www.amf-france.org), and can be obtained free of charge from:

TDK Electronics AG

Rosenheimer Strasse 141 e

81671 Munich, Germany

 

Societe Generale

GLBA/IBD/ECM/SEG

75886 Paris Cedex 18

It is reminded that the Offer will be open for a period of 10 trading days. Prior to the opening of the Offer, the AMF will publish a notice of opening, and Euronext Paris will publish a notice announcing the terms and schedule of the Offer.



About TDK Corporation

TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK’s comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads, software and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide.

 

About Tronic's Microsystems

Tronic's Microsystems, a TDK Group Company, is a provider of MEMS (Micro-Electro-Mechanical-System) inertial sensors solutions for precise motion sensing, positioning, navigation, and condition monitoring of critical assets. The company offers a comprehensive range of accelerometers, gyroscopes, vibration sensors, and inertial MEMS foundry services, contributing to the digital transformation of transportation, energy, and industrial markets. Founded in 1997, Tronic's employs around 100 people in Crolles, near Grenoble (France), where it operates its EN 9100-certified MEMS wafer fab, assembly, packaging, and test facilities. Tronic's is majority-owned by TDK Electronics AG since January 2017.


Media Contact

Ralf Higgelke TDK Electronics AG Phone +49 89 54020-1378 Get in contact
Debbie Martin TDK Electronics Inc. Fountain Hills, AZ/USA Phone +1 480 836-4104 Get in contact
Candido Dall'Agnoll TDK Electronics do Brasil Ltda. São Paulo/Brazil Phone +55 51 3484-7007 Get in contact
Himalaya Baghel TDK India Private Limited Mumbai/India Phone +91 12 04 50 58 42 Get in contact
Kathy Xu TDK (Shanghai) Electronics Ltd. Phone +86 21 22 19 15 98 Get in contact
Pierre Gazull Tronic's Microsystems SA Phone +33 04 76 97 94 54 Get in contact

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