WealthNavi Inc. announced that WealthNavi Inc. entered into a business alliance agreement with the Juroku Bank Ltd. The two companies are aiming to jointly offer a fully automated managed account service for the customers of the Juroku Bank this fall. Please refer to the attached for details. The two companies are aiming to jointly offer a fully automated managed account service for the customers of the Juroku Bank this fall.

It is getting more important to build wealth while working in Japan driven by the structural change in the Japanese economy including aging society as well as anxiety over pension system. The Juroku Bank, which has established a branch network and a customer base for 145 years since its foundation, and WealthNavi, which provides a fully automated wealth management service for working families, have entered into a business alliance agreement and jointly develop and offer a new service. The two companies are aiming to launch a fully automated managed account service for the customers of the Juroku Bank this fall.

The Juroku Bank and WealthNavi will continue to enhance services in order to satisfy various needs of customers. Main features of robo-advisor "WealthNavi". Automates long-term and diversified wealth management High-net-worth individuals and institutional investors around the world have been practicing "long- term, dollar-cost averaging and globally diversified" investment.

"WealthNavi" automates the entire investment process above by utilizing cutting edge technology. "WealthNavi" allows customers to make long-term and diversified investments in 12,000 securities in about 50 countries through 6 to 7 ETFs based on the modern portfolio theory. All processes of wealth management, from asset allocation, trading of securities, automated deposits to rebalancing, are proceeded automatically.

"WealthNavi" for busy working families, serving working families, and "WealthNavi" users are mainly in their 20s to 50s. With risk tolerance assessment through answering five questions from a PC or smartphone, "WealthNavi" recommends an optimal wealth management plan for each customer and enables customers to check their assets at any time. Even busy working families can easily manage their assets for their comfortable retirement in their spare time.

Supports comfortable wealth management with various functions A variety of functions such as "Life planning tool" that supports the achievement of asset management goals, "Fractional ETF trading" that realizes an optimal portfolio even with a small amount of investment, and "AI wealth management advice" make it possible for customers to manage their assets comfortably. The Company has obtained patents for "Automated deposits with rebalancing" and "Automatic tax optimization function" for their core technologies. A simple fee /the wealth management algorithm published The fee is simply 1% (1.1% including consumption tax) of the assets under management.

The wealth management algorithm is published in a white paper and is available to anyone on the website of "WealthNavi.".