Invincible Investment Corporation has determined on November 24, 2021, to obtain new debt financing to refinance existing debt. Details are as follows. Reason for borrowing: INV has decided and executed a new loan agreement (the 'New Borrowing') in order to repay the Term Loan due on November 29, 2021. (Note) For details of the borrowings to be repaid. ?Notice concerning Debt Financing? dated May 25, 2017, ?Notice concerning Loan Transfer? dated November 21, 2017 and ?Notice concerning Prepayment of Loans? dated January 20, 2021. Details of the New Borrowing (anticipated) Term Loan: 1-Year Loan, Lender: Mizuho Bank Ltd. Borrowing amount: JPY 4,321 million, Interest rate, etc.: 1-month JPY TIBOR (Base Rate) + spread (0.25000%) Variable interest rate (Note), Borrowing method: Borrowing based on separate term loan agreement dated November 25, 2021 Unsecured /with no guarantee, Agreement date: November 25, 2021, Anticipated borrowing date: November 29, 2021, Interest payment date: The last Japanese business day of each month before the principal maturity date, beginning with December 31, 2021, and the principal maturity date, Principal repayment method: Lump-sum repayment on the principal maturity date, Principal maturity date: November 29, 2022.