Nidec Holds an Event to Announce Its Decision to Open New Factories and Launch of Business in Serbia

KYOTO, Japan, April 12, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of
Novi Sad in the Republic of Serbia (“Serbia”), and that it has held an event to announce the launch of business in the country.

1. The event to announce the launch of business in Serbia