[Yamazen] Complete Subsidiary Absorption Merger for Group Operational Efficiency | Scheduled for August 2026

Overview of the Merger

Yamazen decided at its Board of Directors meeting on June 23, 2026, to absorb and merge its wholly owned subsidiary AtoG1. The merger is a simplified merger pursuant to Article 796, Paragraph 2 of the Companies Act and is scheduled for August 1, 2026. AtoG1 will be dissolved, with Yamazen remaining as the surviving company. There will be no issuance of shares or cash allocations related to the merger, which aims to improve group operational efficiency.

Future Outlook and Impact

Since this merger is an absorption merger between wholly owned subsidiaries, it is expected to have minimal impact on the consolidated financial results. Basic corporate information and business operations of Yamazen will remain unchanged post-merger, and the company intends to further promote efficiency and integration within the group moving forward.