ENECHANGE : Notice of Installation of ENECHANGE EV Charging Service (JIT Group Inc.)

Press Release

April 26, 2022 ENECHANGE Ltd.

18 ENECHANGE EV charging stations installed at facilities held by JIT Group in

Yamanashi - the first installation in the prefecture

ENECHANGE Ltd. is pleased to announce that it has installed a total of 18 charging stations as part of the ENECHANGE EV Charging Service at seven JIT Group facilities, including its ceremonial halls in Yamanashi Prefecture and its head office.

This is the first installation of this service in Yamanashi Prefecture. By providing an affordable and convenient EV charging service that offers 6kW double-speed charging priced at a charging rate equivalent to charging at home*, we will promote the spread and expansion of EV charging infrastructure and contribute to local communities.

*Rate per kWh obtained by adding a surcharge for promoting renewable energy generation and fuel cost adjustment to the third tier of Tokyo Electric Power Company's metered electric light A electricity volume rate.

Charging station for ENECHANGE EV Charging Service installed at JIT Ceremony Wakakusa HallOutline of service and facilities where the ENECHANGE EV Charging Service is installed

The expansion of charging infrastructure is urgently needed to promote the spread of electric vehicles (EVs). The ENECHANGE EV Charging Service has been newly introduced to the parking lots of seven JIT Group ceremonial halls in Yamanashi Prefecture, as well as the affiliated Yamanashi Obosi Park. The service is available for use by non-ceremony hall users as well. The installation of EV charging stations in the company's head office parking lot is also expected to contribute to the local community and serve as an additional benefit for employees.

The number of EVs and PHVs per 10,000 people in Yamanashi Prefecture is 22, ranking 16th in Japan*. We will continue to contribute to the spread of EV charging infrastructure in cooperation with companies working to create local communities and achieve the goals of the SDGs.

*Calculated by ENECHANGE based on the Next Generation Vehicle Promotion Center's "Subsidy Grant Status by Prefecture," the number of EV and PHV subsidies granted (FY2009-2019), and population estimates for October 2019.

≪Location: 9 facilities 18 units≫

Facility Name	Location	Number of EV charging stations installed (unit)
JIT Ceremony Tatomi Hall	Chuo City, Yamanashi	2
JIT Ceremony Futaba Hall	Kai City, Yamanashi	2
JIT Ceremony Kofu Hall	Kofu City, Yamanashi	2
JIT Ceremony Sangun Hall	Minami-Alps City, Yamanashi	2
JIT Ceremony Wakakusa Hall	Minami-Alps City, Yamanashi	2
JIT Ceremony Ichikawa Hall	Nishiyatsushiro-gun, Yamanashi	2
JIT Ceremony Isawa Hall	Fuefuki City, Yamanashi	2
Yamanashi Obosi Park	Minamikoma-gun, Yamanashi	2
JIT Group Inc.	Minami-Alps City, Yamanashi	2

*EV charging service at the JIT Ceremony Facility and Obishi Park will be available from around the end of Golden Week.

JIT Group head Office

JIT Ceremony Futaba Hall

≪Charger Overview≫

Usage Fees

Charge in April 2022: 34.39 yen/10 minutes (equivalent to 1 kWh: unit price of Tokyo Electric Power Company area metered electric lights is used) *Charging rates fluctuate each month due to the addition of a surcharge for promoting renewable energy generation, fuel cost adjustment, etc., to the unit electricity rates of major regional electric power companies. However, since the electricity rates are equivalent to those of general households, there is no difference from the electricity rates charged at home.

Model installed

● Pit-2G", Nitto Kogyo ● Maximum output: 6kW *capable of charging at twice the speed of ordinary chargers (3kW) ● Connector: Type 1 standard, usable with all EVs and PHVs *Tesla requires a conversion adapter ● Voltage: 200V (AC) ● Charging cable length: approx. 5 m

≪User Guide≫

ENECHANGE EV Charging Service does not require prior membership registration. Scan the QR code on the main body of the ENECHANGE EV charging station with your smartphone camera to register your credit card information and user information. Follow the instructions displayed on the web version (to be replaced by an app in the future) to connect the charger. Users can see the start of charging and the status during charging, while the end of the charging session will be notified by push notification.

■About ENECHANGE EV Charging Service

The ENECHANGE EV Charging service allows installation of EV charging systems at minimal cost, ideal for charging at public facilities, commercial facilities, lodging facilities, and other public destinations, It is rapidly expanding as we enter 2022. To improve convenience for EV drivers, we are developing a variety of software, including a smartphone application scheduled to be released in summer 2022.

ENECHANGE EV Charging Service website:https://ev-charging.enechange.jp/ *Japanese Only

■About ENECHANGE Ltd.

ENECHANGE is an energy technology company that promotes a carbon-free society through digital technology with the mission of Changing Energy For A Better World. We offer services based on data utilization in the field of the 4Ds of Energy: Deregulation, Digitalization, Decarbonization, and Decentralization. Our company's roots come from an energy data lab at the University of Cambridge, U.K., a country where liberalization is mature. ENECHANGE has a British subsidiary, SMAP Energy Limited, as well as a global network and analytical technology for energy data.

URL:https://enechange.co.jp/en/

■About JIT Group Inc.

The JIT Group's primary business is in the (recycled) ink and toner cartridges. Besides this, they also manage several types of real estate, including ceremonial venues, amongst other business activities. The company is active in promoting SDGs initiatives, including the commercialization of the world's first recycled ink in 1999, the installation of collection boxes at more than 17,000 locations nationwide, and the collection of approximately 26 million ink cartons per year, which reduces approximately 2,000 tons of CO2 emissions. URL:https://www.jit-c.co.jp/

■For inquiries

ENECHANGE Ltd.

PR:[e-mail] IR:[e-mail]

■For inquiries about the ENECHANGE EV Charging Service EV Charging Service [e-mail]