NEXEN TIRE AMERICA RELOCATES U.S. HEADQUARTERS TO RICHFIELD, OHIO

– Strategic Move to Central U.S. Strengthens Nexen Tire America’s Commitment to Customer’s Top Needs –

RICHFIELD, OHIO, (Oct. 27, 2021) — Nexen Tire America, Inc., a worldwide leader in high-performance, passenger, SUV/light truck and winter tire technology, today announced the relocation of its U.S.-based headquarters to Richfield, Ohio, joining its world-class North American technical center located at 4014 Wheatley Road. The $5.2 million 35,540-sq.-ft. facility opened in 2019 and is one of three technical centers Nexen Tire operates worldwide.

The move comes shortly after Nexen Tire identified several key benefits for its customers in the U.S. After considering all points, relocating its headquarters to a central location ensures top priorities for its customers continue to be met. The new location also allows Nexen Tire to continue strategizing ways to increase frequency of traveling to customers, enhance operating efficiency and continue to provide on-going training and support to its network of dealers nationwide.

“Nexen Tire’s road to growth is running straight through the middle of the country into Richfield, Ohio, and we’re ecstatic to be reuniting with an already incredible and established team at our North American technical center,” said Brian YoonSeok Han, CEO of Nexen Tire America, Inc. “Our world-renowned technical center is best known for its unmatched tire testing and development and is now the official home of the Nexen Tire America team where we will continue to develop top-tier tires for our customers.”

Nexen Tire will continue to utilize its three U.S. distribution facilities located in California, Georgia and Ohio as well, providing tires to its customers and its network of dealers faster than ever.

For more information or to set up an interview with a Nexen Tire representative, please contact media@nexentireusa.com or call (310) 374-6177.

About Nexen Tire:

Inspired by Nexen’s global family of drivers to engineer superior performing tires – from championship-winning Formula DRIFT drivers, rock-climbing off-road enthusiasts to everyday commuters – Nexen Tire utilizes proprietary technology and the highest quality standards in the industry to guarantee world-class products backed by unrivaled customer support for the life of each tire. As a worldwide leader in high-performance, passenger, CUV/SUV/light truck and winter offerings, the company is second-to-none in research, development and state-of-the-art manufacturing. And as part of a select group of tire manufacturers worldwide that are specified as standard fitment on original equipment vehicles, Nexen delivers premium products at a sensible price.