At the Board of Directors meeting held November 30, 2022, ARDEPRO Co., Ltd. (the Company) passed resolution for conclusion of purchase contract for the following one real estate property for sale. Also, the Company completed the settlement of purchase of one other real estate property for sale. At meeting of the Board of Directors, the Company resolved to conclude a real estate purchase contract with the seller, a company located in Tokyo, for the following real estate for sale located in Chiyoda-ku, Tokyo.

Location: Chiyoda-ku, Tokyo. Category: Land and Building. Total floor area (m2): 2,790.22.

Land area (m2): 329.47. Under the terms of a confidentiality agreement concluded with the seller regarding the real estate purchase contract, the Company refrains from publishing the name of the seller and the purchase price of the property. The purchase price of the above property is an amount equivalent to 30% or more of the net assets of the Company in the fiscal year ended July 31, 2022 (¥7,612 million).

The Company has no capital or personal relationship with the seller. Date of conclusion of purchase contract: November 30, 2022 and Expected settlement date: By December 26, 2022. The Company settled the purchase of the real estate for sale in Nishinomiya-shi, Hyogo listed below from the seller (a company located in Tokyo).

Location: Nishinomiya-shi, Hyogo. Category: Land and Building. Total floor area (m2): 664.05.

Land area (m2): 297.27. Under the terms of a confidentiality agreement concluded with the seller regarding the real estate purchase contract, the Company refrains from publishing the name of the seller and the purchase price of the property. The purchase price of the above property is an amount equivalent to less than 30% of the net assets of the Company in the fiscal year ended July 31, 2022 (¥7,612 million).

The Company has no capital or personal relationship with the seller.