PORTERS Corporation intends to acquire an unknown minority stake in atB Co., Ltd. from Kazuki Iwai and Toshiteru Sugaya on October 24, 2023. PORTERS Corporation's board of directors meeting held on October 24, 2023, have resolved to acquire the shares of atB Co., Ltd. and make it a subsidiary. Upon completion, PORTERS Corporation will acquire 50.9% of the atB Co., Ltd's outstanding common shares by acquiring shares from existing shareholders and subscribing to the third-party allotment capital increase conducted by atB.

Number of shares acquired through atB stock transfer is 900 shares. The date of execution of the stock transfer agreement will be on October 25, 2023.