Star Asia Investment Corporation ("SAR") announced the establishment of interest rate swap agreements for the long-term borrowings. Reason for establishment: The interest rate swaps have been established in order to fix interest rate payments and hedge interest rate fluctuation risks pertaining to the borrowings under an individual term loan agreement concluded on April 16, 2021. Details of the established swaps: Lender: A syndicate of lenders with Sumitomo Mitsui Banking Corporation and Mizuho Bank Ltd. as arrangers; Borrowing amount of JPY 5,960 million; interest rate: Base interest rate (JPY 3M TIBOR +0.60%); Date of borrowing is April 20, 2021; Borrowing method is Borrowing based on the individual term loan agreement dated April 16, 2021 based on the basic agreement dated July 29, 2020 with Sumitomo Mitsui Banking Corporation as agent; Principal Repayment Date is April 30, 2026; repayment method is Lump sum repayment on principal repayment date. Lender: A syndicate of lenders with Sumitomo Mitsui Banking Corporation and Mizuho Bank Ltd.; Borrowing amount of JPY 3,000 million; interest rate: Base interest rate (JPY 3M TIBOR +0.80%); Date of borrowing is April 20, 2021; Borrowing method is Borrowing based on the individual term loan agreement dated April 16, 2021 based on the basic agreement dated July 29, 2020 with Sumitomo Mitsui Banking Corporation as agent; Principal Repayment Date is April 28, 2028; repayment method is Lump sum repayment on principal repayment date.