Mitsubishi Electric Enters into Agreement to Acquire Majority Interest in DeLclima

August 25, 2015, Mitsubishi Electric Corporation (TOKYO: 6503) (“Mitsubishi Electric”) has entered into an agreement to purchase from De’Longhi Industrial S.A. (“De’Longhi Industrial”) shares representing approximately 74.97% of the share capital of DeLclima S.p.A. (BIT: DLC) (“DeLclima”), an Italian company engaged in the commercial air conditioning products business.