On June 22, 2022, Nishio Rent All Co., Ltd. announced important proposals in order to make Sacos Corporation a wholly owned subsidiary. Specifically, Nishio Rent requests all the shareholders of the Company to sell all of the Company´s shares owned by Nishio Rent based on the provisions of Volume 2, Chapter 2, Section 4-2 of the Companies Act. Although the Company has issued stock acquisition rights, since there is no other shareholder who owns the stock acquisition rights other than Nishio Rent, the stock acquisition rights will not be subject to such a sale request.