Notice of Partial Sale of Our Shares by Principal Shareholder Itochu Corporation and Continuation of the Capital and Business Alliance

Background and key points

This is a notice regarding Itochu Corporation's partial sale of our company’s shares and the continuation of the capital and business alliance accompanying it. The sale is planned to be executed not as an on-market sale but via an off-market trade, with the intention of minimizing impact on our shareholders and the market. The capital and business alliance with Itochu Corporation remains unchanged after the sale, and both parties will maintain and develop their partnership. If any further disclosure items arise, they will be disclosed promptly.

Outlook and impact on investors

There is no statement that the sale will immediately affect consolidated earnings, and the impact on future financial metrics and earnings outlook is unknown. The sale aims to improve liquidity of shares and long-term value creation through the continued capital and business alliance. If new disclosure items arise, they will be disclosed promptly.