ExaWizards Inc. (?the company?) announced that its board of directors resolved at a meeting held on September 20, 2023 to borrow funds. The company intends to borrow from correspondent financial institutions to refinance the funds it borrowed when it acquired shares of the Stadium Corporation. This will also prepare the company for the funding demands of future business expansions.

Borrowing Outline: Lenders: Mizuho Bank Ltd. Loan amount: JPY 2,700 million. Interest rate: Fixed interest rate. Drawdown date: September 29, 2023.

Due date: September 29, 2028. Repayment method: Equal repayment of the principal and interest every 3 months. Security and guarantee: Guarantee of debt by the company?s subsidiary STADIUM.