Announcement of mutual confirmation on extension of period and continuation of discussions for the basic agreement regarding the Tomakomai AI Data Center Phase I

Section headline

This report centers on the expiration of the basic agreement with priority negotiation rights for the Phase I Tomakomai AI Data Center (10MW capacity) and the subsequent signing of a mutual confirmation regarding the continuation of discussions. The MOU has not officially extended or updated, and after expiration, both parties confirmed they will continue discussions on a non-exclusive, non-binding basis. ATT plans to concurrently discuss with potential customers other than Verda, aiming for final contract and SLA sign-off. As of now, the direct impact on the fiscal year ending December 2026 is considered minimal, with plans to maximize revenue opportunities depending on future developments.

Section 2 headline

Looking ahead, discussions with multiple potential customers regarding capacity expansions for Phase I and Phase II will continue. The timing of whether a final contract will be concluded is uncertain, and at present, no monetary security obligations such as Break Fees are expected to arise. The direct impact on the consolidated results for the fiscal year ending December 2026 is expected to be minimal, and depending on negotiation progress, new contractual terms or start dates may be determined.