Japan Petroleum Exploration Co., Ltd. (JAPEX) madea decision to select and apply for listing on the 'Prime Market,' one of the new market segments to be introduced by the Tokyo Stock Exchange, at a meeting of the Board of Directors held today.

JAPEX received the result of the initial assessment of the company's compliance with the listing standards of new market segments from the Tokyo Stock Exchange on July 9, 2021, and confirmed JAPEX's compliance with the listing standards for the 'Prime Market'.

Moving forward, we will proceed with the prescribed procedures for the application in accordance with the schedule set forth by the Tokyo Stock Exchange.

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