Preparation of Share Transfer Plan Concerning Establishment of a Joint Holding Company by The Chiba Kogyo Bank, Ltd. and Chiba Bank, Ltd.

Overview

This notice concerns the preparation of a share transfer plan for the establishment of a joint holding company by Chiba Bank, Ltd. and The Chiba Kogyo Bank, Ltd. The effective date is planned as April 1, 2027. The representatives and officers of the joint holding company have been determined. Both banks engage in general banking operations, and the plan sets out the post-transfer organizational structure, designation of independent directors, and major shareholder status. Regarding U.S.-related matters, it states plans to file Form F-4 and to deliver related materials to U.S. shareholders.

Future Schedule and Impact

The establishment of the joint holding company will proceed subject to approval at shareholders' meetings and authorization by relevant authorities. The effective date is April 1, 2027. The transfer plan includes the scheduled appointments of the joint holding company's representatives and officers, and it contemplates the designation and filing of independent directors. Forward-looking cautionary items list risks such as the status of obtaining approvals and satisfaction of authorization conditions, changes in laws/regulations or accounting standards, execution challenges in business strategy, and impacts from financial markets.