Notice of Opinion Statement on the Commencement of Tender Offer for Our Company’s Shares by LVJ Holdings 2 LLC

Overview of Tender Offer

LVJ Holdings 2 LLC will commence a tender offer from January 21, 2026, aiming to take Mitsubishi Logisnext Co., Ltd. private. The tender offer price is 1,537 yen per common share, and stock acquisition rights will be purchased at 1 yen each. The tender offeror is a related fund of Japan Industrial Partners, Inc. (JIP), and multiple antitrust clearances have been obtained. The tender offer is premised on the sale of shares held by major shareholders, including Mitsubishi Heavy Industries, Ltd.

Company’s Opinion on the Tender Offer and Fairness of Procedures

The company’s Board of Directors expressed support for the tender offer on September 30, 2025 and January 20, 2026, resolving to leave the decision to apply to shareholders and stock acquisition right holders. An independent special committee has been established to confirm that the procedures and price determinations are fair. The tender offer price was determined reasonably based on evaluations by multiple third-party valuation institutions and market prices, and is judged not to harm shareholder interests.

Outlook Post Tender Offer and Organizational Restructuring

If the tender offer is successful but full share acquisition is not achieved, a share consolidation (squeeze-out procedure) will be conducted in accordance with the Companies Act to ultimately make the tender offeror a wholly owned subsidiary. Consequently, delisting from the Tokyo Stock Exchange Standard Market is planned. After the tender offer, under management support by JIP, efforts will be made to improve business profitability and strengthen logistics solutions, aiming to enhance corporate value.