Yukiguni Maitake Co., Ltd. announced that at a meeting of the Board of Directors held on March 19, 2024, it resolved to proceed with the borrowing of funds and repayment of existing borrowings, as follows. The Company will borrow ¥17,000 million to fund the repayment of ¥16,447 million in existing borrowings (syndicated loans) that will become due for repayment in September 2024. The difference of ¥553 million between the repayment amount and the borrowing amount will be used to fund the expenses for this time borrowings and capital expenditures.

Lender: Mizuho Bank, Ltd. Daishi Hokuetsu Bank, Ltd. Resona Bank, limited. Sumitomo Mitsui Banking Corporation MUFG Bank, Ltd. THE TAIKO BANKLTD The Toho Bank, Ltd. The Chugoku BankLimited. The Gunma Bank, Ltd. 3 other banks Development Bank of Japan Inc. Niigata prefectural credit federation of agricultural cooperatives Aozora Bank, Ltd. Resona Bank, limited.

2 other banks. Amount: JPY 11,000 million and JPY 6,000 million. Interest rate: To be determined.

Period: 5 to 7 years and 3-5 years, Respectively. Borrowing date: March 29, 2024 and March 29, 2024, Respectively. Repayment method: Scheduled payment and Lump-sum repayment on repayment date, respectively.

Detail of Scheduled Repayment: Lender: Mizuho Bank, Ltd. Daishi Hokuetsu Bank, Ltd. Sumitomo Mitsui Banking Corporation Resona Bank, limited. MUFG Bank, Ltd. Aozora Bank, Ltd. THE TAIKO BANK LTD JA Bank Niigata The Toho Bank, Ltd. SBI Shinsei Bank, Limited. Mizuho Trust & Banking Co., Ltd. Amount: JPY 1,154 million and JPY 15,293 million.

Interest rate: 0.35455% and 0.60455%, respectively. Period: 7 years. Scheduled repayment date: March 29, 2024.