CEO Ukai Appointed to the Chairperson of the World Bearing Association (WBA)

Release Time：09 Sep,2024

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20240909/1725869433376571.png" title="1725869433376571.png" alt="1.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">NTN Corporation (hereafter, NTN) is pleased to announce that CEO of the Company Ukai has recently been appointed to the chairperson of the World Bearing Association (hereafter, WBA.) The term of office will be for 2 years from September 2024.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">WBA is a non-profit and unincorporated industrial association by three major regional associations in Japan, Europe, and the United States that engages in activities to resolve various issues, such as counterfeit countermeasures, with the aim of ensuring that the bearings market develops soundly while ensuring fairness and reliability.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Mr. Ukai also serves as chairperson of the Japan Bearing Industry Association, a constituent body of WBA*1, and with this appointment, he will further contribute to the sound development of the bearing market not only in Japan but also globally.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Press Release on July 5, 2024:<br/>CEO Ukai is Appointed as Chairperson of the Japan Bearing Industry Association<br/>https://www.ntnglobal.com/en/news/press/news202400058.html</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">About World Bearing Association</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">This non-profit and unincorporated industrial association was founded in 2006 by three major regional bearing associations: the Japan Bearing Industry Association (JBIA), the American Bearing Manufacturers Association (ABMA) and, the Federation of European Bearing Manufacturers&#39; Associations (FEBMA). Those three organizations to which major bearing companies in Japan, the United States, and Europe belong collaborate to promote the common, lawful interests of the world bearing industry, such as open economic engagement, sustainable development and the protection of legal rights.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">In recent years, they have been focusing particularly on measures against counterfeit products, which is a serious issue on a global scale. The entire industry is working to create a healthy market through enlightenment and educational activities through the specific website and collaboration with governmental authorities and other governments around the world.</span></p><p></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">WBA Website Stop fake bearings</span></p><p></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">https://www.stopfakebearings.com/ &nbsp; &nbsp;</span></p><p><br/></p>