MEDLEY, INC. announced that the company resolved at the Board of Directors Meeting held on March 19, 2024 to borrow funds as described. Reason for the Borrowing: To use funds for acquisition of GUPPY's, Inc. Lender: Sumitomo Mitsui Banking Corporation. Loan Amount: JPY 5.9 billion.

Drawdown Date: March 2024 (planned). Lender: Mizuho Bank Ltd. Loan Amount: JPY 5.9 billion. Drawdown Date: June 2024 (planned).

Repayment Method: Equal principal repayment. Interest Rate: Around 0.4%-0.7% per annum (fixed and variable, planned). Loan Period: 5 Years.

Collateral: Unsecured.