Notice Regarding Acquisition of Shares of Ottotree Entertainment Sdn Bhd (Becoming a Consolidated Subsidiary)

Overview of the M&A

GENDA Corporation resolved at the Board of Directors meeting on February 26, 2026, to acquire 100% of the issued shares of Ottotree Entertainment Sdn Bhd, a karaoke facility operator in Malaysia, thereby making it a consolidated subsidiary. Ottotree Entertainment operates over 10 stores under the 'Loud Speaker' brand, offering affordable pricing and high-quality service in major malls across Malaysia. The acquisition price is undisclosed but is less than 15% of the consolidated net assets at the end of the immediately preceding business year and was determined based on an evaluation by an external expert.

Future Outlook

The impact of this acquisition on consolidated earnings and financial condition for the fiscal year ending January 2027 is expected to be minimal. Should there be any significant changes in business conditions going forward, prompt disclosure will be made. This subsidiary acquisition is part of the GENDA Group's expansion of its entertainment economic zone and is positioned as the first step in the overseas deployment of Japanese-style karaoke culture.