Notice Regarding Approval for Partial Transfer of New Share Subscription Rights

Section Heading

This is a notice regarding the approval for transfer of the 9th series of new share subscription rights. The company has decided to transfer a portion of the unexercised new share subscription rights held by KanDB Investment.LLC to Mr. Yuta Misaki, who is expected to contribute to growth in the renewable energy sector, in order to address funding needs and stabilize the financial base. The transfer does not change the exercise conditions, and transfers have undergone legal approval and internal procedures. The company explains that it will continue to consider multiple exercise scenarios and will disclose promptly any material future events related to funding and business plans.

Section 2 Heading

Transferee is Mr. Yuta Misaki, with no capital or personal relationships. Transfer price is 13 yen per right, and the total transfer target is 2,000,000 shares worth of new share subscription rights. The transfer is not stated to directly affect corporate value or performance, but early exercise is expected to increase the likelihood of funding. If any future events requiring disclosure arise, the company intends to disclose them promptly.