Notice of Capital and Business Alliance with Itochu Corporation, Issuance of New Shares by Third-Party Allotment and Disposal of Treasury Shares, and Changes in Major Shareholders Including the Largest Shareholder and Other Related Parties

Overview of This Capital and Business Alliance

This matter concerns Adways Inc. entering into a capital and business alliance agreement with Itochu Corporation and raising capital through issuance of new shares by third-party allotment and disposal of treasury shares. In addition, through share transfers by Mr. Haruhisa Okamura and Mr. Sho Yamada, Itochu Corporation is expected to become a major shareholder. The two companies will strengthen collaboration including joint provision and sales of internet advertising businesses and support for overseas expansion. Under the current plan, all allotted shares will be allocated to Itochu Corporation, and the payment due date is November 20, 2026.

Future Impact and Schedule

The capital and business alliance agreement signing date and the payment due date for the third-party allotment are set for November 4, 2026 and November 20, 2026 respectively, and substantial changes in the major shareholder composition are expected after the allotment. Looking ahead, medium- to long-term enhancement of corporate value through cooperation between the two companies is anticipated, and additional information will be disclosed as appropriate.