#SpecifiedSubsidiary

Shiga Bank, Ltd. announces that as of April 30, 2026, due to an additional investment, the "Shigagin Business Succession Fund Investment Limited Partnership" will become a specified subsidiary. The total investment amount is 5 billion yen, and the investment ratio is 99.5%.

The Company will subscribe to a capital increase of 480,000,000 Thai Baht (approximately 2.4 billion yen) in 2nd STREET (THAILAND) Company Limited, increasing its voting rights ratio to 98.0%, thus becoming a specified subsidiary (scheduled for May 2026).

As of March 25, 2026, SAN DIEGO VISTA STEEL SERVICE CORP. was changed from a non-consolidated subsidiary to a consolidated subsidiary. Capital stock is 39,200 thousand USD with a 100% ownership stake by the Company.

Invested 5,010 million yen in Workforce Innovation Fund No.1 Investment Limited Partnership, expected to become our specified subsidiary. Equity ratio is 60.1%, and the effective date of change is April 16, 2026.

Following an additional investment in Iyogin Business Succession & Growth Support Fund No. 2 Investment Limited Partnership, the total investment amount reached 2.035 billion yen, making it a specified subsidiary of the Company. The change date is scheduled for March 25, 2026.

Mitsubishi Heavy Industries, Ltd. announced that the liquidation of its wholly owned specified subsidiary MHI Holding Denmark ApS was completed on March 10, 2026, and that approximately 25 billion yen of special gains are expected to be recorded in the individual financial statements for the fiscal year ending March 2026.

Taisei Corporation resolved to make a preferred equity investment of JPY 18.5 billion in a special purpose company for the Tenjin 1-chome Development Project, thereby making it a specified subsidiary. The investment is scheduled to be made gradually starting March 2026.

Japan Paper & Pulp Trading Co., Ltd. resolved a capital increase of NZD 29,000 thousand (JPY 2,668 million) in BJ Ball Limited, designating it as a specified subsidiary. The scheduled payment date is February 6, 2026.

We hereby announce that the fund "Juroku Business Succession Support No.2 Investment Limited Partnership" (total amount: 10 billion yen), established in August 2025, has become our specified subsidiary through our investment. The impact on consolidated results is minimal.