Japan Display Inc. (JDI) agreed with TCL China Star Optoelectronics Technology Co. Ltd., (TCL CSOT) to enter into a patent cross-license agreement for liquid crystal displays (LCDs), pursuant to which JDI will receive license fees from TCL CSOT. The impact of the license fees on FY24/3's earnings forecasts is currently under review, and will be promptly announced if any matters requiring further disclosure arise. JDI's advanced technologies and intellectual property (IP) assets are deeply important strategic resources rooted in JDI core capabilities built over many years. JDI will continue to make full use of these strategic resources and core capabilities to drive long-term
customer and social value.