Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

DYNAM JAPAN HOLDINGS Co., Ltd.

(incorporated in Japan with limited liability)

(Stock code: 06889)

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the annual general meeting of DYNAM JAPAN HOLDINGS Co., Ltd. (the "Company") will be held at Headquarters Building of Dynam Co., Ltd. located at 2-27-5 Nishi-Nippori, Arakawa-ku, Tokyo, Japan on Thursday, 25 June 2026 at 10:00 a.m. (Japan time) for the following purposes:

MATTERS TO BE REPORTED

Report on the Business Report and the Financial Statements, and report on results of the audit by the Accounting Auditor and the review by the Audit Committee on the Financial Statements for the 15th fiscal year (from 1 April 2025 to 31 March 2026)

MATTERS TO BE RESOLVED

First Resolution
General Mandate to Allot, Issue and Deal in Shares

Second Resolution
General Mandate to Repurchase Shares

Third Resolution
Proposed Election of Eight (8) Directors

Fourth Resolution
Proposed Election of an Auditor pursuant to the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited

By order of the Board

DYNAM JAPAN HOLDINGS Co., Ltd.

Akira HOSAKA

Chairman of the Board

Tokyo, Japan, 3 June 2026

Registered office and headquarters:
2-25-1-702 Nishi-Nippori, Arakawa-ku
Tokyo, 116-0013, Japan

Principal place of business in Hong Kong:
Unit 1, 32/F, Hong Kong Plaza,
188 Connaught Road West, Hong Kong

As of the date of this announcement, the executive director of the Company is Mr. Akira HOSAKA, the non-executive directors of the Company are Mr. Yoji SATO and Mr. Kohei SATO, and the independent non-executive directors of the Company are Mr. Mitsutoshi KATO, Mr. Thomas Chun Kee YIP, Mr. Kiyohito KANDA, Mr. Koji KATO and Ms. Mayumi ITO.

This document has been prepared in compliance with the Companies Act of Japan (the "Companies Act") and the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

3 June 2026

Akira HOSAKA, Director and Chief Executive Officer
DYNAM JAPAN HOLDINGS Co., Ltd.
2-25-1-702 Nishi-Nippori, Arakawa-ku, Tokyo, Japan

CONVOCATION NOTICE

FOR THE 15TH ANNUAL GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

NOTICE IS HEREBY GIVEN THAT the 15th Annual General Meeting of Shareholders (the "Meeting") of DYNAM JAPAN HOLDINGS Co., Ltd. (the "Company") will be held as detailed hereinafter, and your attendance is cordially requested.

Particulars:

Date and time: Thursday, 25 June 2026 at 10:00 a.m., Japan time (Reception starts at 9:30 a.m.)
Location: Headquarters Building of Dynam Co., Ltd.
2-27-5 Nishi-Nippori, Arakawa-ku, Tokyo, Japan
Agenda of the Meeting:

Matters to be Reported

Matters to be Resolved

First Resolution: General Mandate to Allot, Issue and Deal in Shares
Second Resolution: General Mandate to Repurchase Shares
Third Resolution: Proposed Election of Eight (8) Directors
Fourth Resolution: Proposed Election of an Auditor pursuant to the Listing Rules
Rules on Convocation for the Meeting

(1) If shareholders (in the case of a corporation, its representative) attend the Meeting in person

Shareholders of the Company (the "Shareholders") will be requested to confirm their identity at the reception. Please bring a piece of identification such as a passport or driver's license.

(2) If proxies attend the Meeting

Please fill out the required information on the proxy form, and make sure that the Shareholder himself/herself signs the proxy form. If the Shareholder is a corporation, the person registered in advance as the signatory must sign the proxy form, or the representative of the corporation must sign or affix his/her name and seal.

Proxies are requested to bring the above-mentioned proxy form and submit it to the reception desk of the Meeting on the day thereof.

Proxies will be asked to confirm their identity at the reception. Please bring a piece of identification such as a passport or driver's license to confirm your identity as the person named on the proxy form.

(3) If Shareholders appoint the chairman of the Meeting as their proxies

Please fill out the required information on the proxy form (please do not fill out the spaces for the home or main office address of the proxy and name of the proxy), and make sure that the Shareholder himself/herself signs this proxy form. If the Shareholder is a corporation, the person registered in advance as the signatory must sign the proxy form, or the representative of the corporation must sign or affix his/her name and seal.

Please send the proxy form, filled in with the required information excluding the home or main office address of the proxy and name of the proxy and signed personally by the Shareholder by mail to the location of the Meeting by no later than the date of the Meeting OR deposit such proxy form at the Company's share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong not less than 48 hours before the time appointed for holding the Meeting.

(Note) In the event that no indication of approval or disapproval of a resolution is made in the proxy form mailed or submitted, or if different intentions are expressed for the same resolution, the proxy shall be deemed to have been granted the authority to vote for, against or abstain.

Other Precautions

(1) All resolutions set out in this convocation notice (the "Notice") will be decided by poll at the Meeting in accordance with Rule 13.39(4) of the Listing Rules.

(2) Shareholders having voting rights recorded in the most recent share registry as of 22 May 2026 shall be deemed to be Shareholders permitted to attend and vote at the Meeting.

(3) Shareholders who intend to cast their votes in different ways (i.e. partly for and partly against a resolution) are requested to notify the Company in writing of their intention to do so and the reason therefor no later than 3 days before the Meeting.

(4) Beneficial owners of the shares of the Company (the "Shares") who hold pecuniary interests and voting rights in the Company with respect to the Shares deposited into the Central Clearing and Settlement System ("CCASS") and registered in the name of HKSCC Nominees Limited ("HKSCC Nominees") (the "CCASS Beneficial Owners") are not recognised as Shareholders under Japanese law. HKSCC Nominees will exercise the voting rights entitled by the CCASS Beneficial Owners in accordance with the predetermined arrangements between HKSCC Nominees and the CCASS Beneficial Owners and the general operational rules of CCASS.

(5) For the avoidance of doubt, no voting rights may be exercised in respect of any treasury Shares at the Meeting.

APPENDIX I

BUSINESS REPORT

(1 April 2025 to 31 March 2026)

1. THE COMPANY AND ITS SUBSIDIARIES (THE "GROUP")

(1) Progress of Business and Results

During the fiscal year under review, the Japanese economy maintained a moderate recovery trend, though it continued to face domestic and international uncertainties. Personal consumption remains firm, supported by wage increases and an improving employment environment. Capital investment remained robust, driven primarily by labor-saving and digital-related investments amid a worsening labor shortage, and served as a key driver of economic growth. Prices remained at high levels due to persistently high energy and raw material prices and rising labor costs, putting pressure on household budgets and corporate earnings. This fiscal year under review was a year in which risks of a slowdown in overseas economies, geopolitical risks, and fluctuations in international commodity markets were recognized as factors contributing to uncertainty regarding the outlook for the Japanese economy.

In the pachinko hall industry, the number of players has seen a slight increase. While pachislot machines—particularly smart pachislot machines—are gaining popularity among customers, pachinko machines continue to struggle. The number of halls continues to decline, particularly among small and medium-sized halls, leading to an increasing oligopoly dominated by national chains and major regional companies.

Given this economic environment, regarding our Group's pachinko hall business, while we opened two new halls, we closed six unprofitable halls; as a result, the number of halls stood at 423 at the end of the fiscal year under review.

The newly opened Dynam Shiga Hikone and Dynam Nagano Ueda halls both feature more pachislot machines than pachinko machines, in response to current market demand. In addition, we completed renovations to increase the number of pachislot machines at 119 locations, resulting in a net increase of 4,985 pachislot machines compared to the end of the previous fiscal year.

Furthermore, we have established Next Play's Co., Ltd. and plan to enter the crane game market. By effectively utilizing the assets of closed group pachinko halls and leveraging the expertise cultivated through our pachinko hall business, we aim to provide everyday entertainment that differs from that offered by pachinko halls.

In our aircraft leasing business, we purchased two aircraft and one engine during the fiscal year under review, bringing our total fleet to 12 aircraft and one engine. Including aircraft owned by other companies, we currently manage a total of 19 aircraft and two engines. We will continue to expand our business by offering aircraft leasing and aircraft management services to investors in Japan.

As a result of the above, non-consolidated operation results of the Company for the fiscal year under review showed net sales of ¥4.252 billion (71.2% of the previous year), ordinary income of ¥3.197 billion (65.7% of the previous year), and net income of ¥3.222 billion (65.8% of the previous year), mainly due to dividend income from subsidiaries.

As for consolidated operation results of the Company for the same fiscal year (Note), operating revenue was ¥123.186 billion (97.7% of the previous year), operating income was ¥9.154 billion

(83.4% of the previous year) and net profit attributable to owners of the parent was ¥2.63 billion (64.9% of the previous year).

(Note) The figures of the consolidated operation results are from the consolidated financial statements that have been prepared pursuant to the International Financial Reporting Standards which we voluntarily disclose for information purposes and are not audited by the accounting auditor.

(2) Financing

1) Financing of the Company

Not applicable.

2) Financing of the Group

During the fiscal year under review, in addition to making scheduled repayments of existing loans, the Company has been working to optimize its cash and deposit balance in anticipation of future funding needs of the Group. In our pachinko business, we raised 8 billion yen through bank loans to finance capital expenditures, including the opening of new locations and the installation of additional pachislot machines. In addition, in our aircraft leasing business, we purchased two state-of-the-art aircraft and one aircraft engine to strengthen our Group's market presence. In connection with this, we have raised approximately US$140 million through foreign currency-denominated borrowings.

In addition, of the interest-bearing debts in foreign currency-denominated borrowings, ¥41.359 billion are in the form of non-recourse loans. Such non-recourse loans are repaid from the lease payments received from the lessee, and the Group is under no obligation to repay beyond that, thereby financial risk is reduced.

As a result of the above, as at the end of the fiscal year under review, the amount of cash and deposits was ¥36.828 billion, an increase of ¥0.804 billion from the previous year; and the amount of interest-bearing debt increased by ¥23.613 billion to ¥110.687 billion.

Please note that the Group is making efforts to streamline funds through the introduction of Cash Management System (CMS) that allows the central management of funds for each subsidiary of the Group.

(Note) The figures of the financing of the Group are from the consolidated financial statements that have been prepared pursuant to the International Financial Reporting Standards which we voluntarily disclose for information purposes and are not audited by the accounting auditor.

(3) Capital Expenditure

1) Capital Expenditure of the Company

Not applicable.

2) Capital Expenditure of the Group

Capital expenditures of the Group for the fiscal year under review totalled ¥10.002 billion, mainly for the acquisition of buildings, structures, and store facilities in the pachinko hall business.

(Note) The figures of the capital expenditure of the Group are from the consolidated financial statements that have been prepared pursuant to the International Financial Reporting Standards which we voluntarily disclose for information purposes and are not audited by the accounting auditor.

(4) Management Issues

1) Increasing customer numbers and profitability

In 2025, with the release of “LT (Lucky Trigger) 3.0 Plus” for pachinko and “BT (Bonus Trigger)” for pachislot, we anticipate the introduction of new gaming machines featuring innovative gameplay designed to meet a wide range of customer needs. The Group will also conduct detailed analyses of customer needs and strive to further strengthen our competitive edge. Furthermore, while closing and withdrawing from unprofitable halls, we will pursue leasing arrangements that utilize assets after withdrawal and transition into different business sectors, aiming to improve profitability and generate funds for investment in existing halls.

2) Pursuing low-cost management

The Group operates a high percentage of low playing cost machines so that customers can enjoy playing machines at lower prices. Because operating revenues and profits are lower for low playing cost machines compared to the high playing cost machines, technologies and know-how to achieve low-cost management are required. Taking advantage of having the largest number of stores in Japan, the Group will promote further low-cost management by, among others, standardization of hall operations, bulk purchases of building materials, equipment, and supplies, and partial internalization of outsourced work.

3) Strengthening internal control

The Group has established the Group Internal Control Committee, made the internal control systems of the Group based on the “Basic Policy for Internal Control” decided by the board (the “Board”) of directors (the “Directors”) of the Company, checked and improved the systems according to the change of laws and regulations. The Group has in place the Group risk management committee, grasp the intrinsic risk of the whole Group comprehensively and resolve issues related to the risk management.

(5) Trends in Property and Gains (Losses)

1) Trends in Property and Gains (Losses) of the Company:

Classification	12th Fiscal Year	13th Fiscal Year	14th Fiscal Year	15th Fiscal Year
	Fiscal Year ended 31 March 2023	Fiscal Year ended 31 March 2024	Fiscal Year ended 31 March 2025	Fiscal Year ended 31 March 2026 (Current Fiscal Year)
Net sales (Millions of yen)	4,631	4,477	5,970	4,252
Operating income (Millions of yen)	3,781	3,599	4,865	3,197
Net income (Millions of yen)	3,771	3,585	4,896	3,222
Earnings per Share (Yen)	5.25	5.07	7.03	4.63
Total assets (Millions of yen)	101,649	114,736	105,978	108,846
Total net assets (Millions of yen)	87,801	86,371	87,786	87,196
Net assets per Share (Yen)	123.06	124.02	126.05	126.11

2) Trends in Property and Gains (Losses) of the Group:

Classification	International Financial Reporting Standard (“IFRS”)
	12th Consolidated Fiscal Year	13th Consolidated Fiscal Year	14th Consolidated Fiscal Year	15th Consolidated Fiscal Year
	Fiscal Year ended 31 March 2023	Fiscal Year ended 31 March 2024	Fiscal Year ended 31 March 2025	Fiscal Year ended 31 March 2026 (Current Consolidated Fiscal Year)
Revenue (Millions of yen)	117,206	130,363	126,076	123,186
Operating profit (Millions of yen)	6,764	8,983	10,972	9,154
Net profit attributable to owners of the Company (Millions of yen)	1,806	3,384	4,009	2,603
Basic earnings per Share (Yen)	2.52	4.78	5.76	3.74
Total assets (Millions of yen)	325,608	366,045	349,386	382,248
Equity attributable to owners of the Company (Millions of yen)	128,425	131,485	131,323	132,752
Equity attributable to owners of the Company per Share (Yen)	180.00	188.79	188.56	191,99

(Note)
The above figures were from the consolidated financial statements that have been prepared pursuant to the IFRS which we voluntarily disclose for information purposes and are not audited by the accounting auditor.

(6) Important Parent Company and Subsidiaries

1) Status of parent company

Not applicable.

2) Important subsidiaries

(As of 31 March 2026)

Name of Company	Capital Stock	Ratio of Voting Rights	Principal Business Description
DYNAM Co., Ltd.	¥5,000 million	100%	Operation of pachinko halls
Yume Corporation Co., Ltd.	¥50 million	100%	Operation of pachinko halls
Cabin Plaza Co., Ltd.	¥10 million	100%	Operation of pachinko halls
DYNAM Business Support Co., Ltd.	¥100 million	100%	Property Management and Hall Development
Nihon Humap Co., Ltd.	¥100 million	100%	Restaurant and Cleaning Services
Dynam Hong Kong Co., Limited	HK$0.9 billion	100%	Investment businesses in Asian regions
Dynam Aviation Ireland Limited	US$1 million	100%	Aircraft Lease

3) Matters of Specified Wholly-Owned Subsidiary

(As of 31 March 2026)

Name	Address	Total Book Value	Total Assets
DYNAM Co., Ltd.	2-27-5 Nishi-Nippori, Arakawa-ku, Tokyo	¥49,701 million	¥108,846 million
Dynam Aviation Ireland Limited	32 Molesworth Street, Dublin2, D02Y512, Ireland	¥32,007 million

(7) Principal Business Description

The Company, as a pure holding company, coordinates the management of the entire Group.

The principal businesses of the Group are as follows.

(As of 31 March 2026)

Business Segment	Principal Business Description
Pachinko Hall	Operation of pachinko halls
Real Estate Development	Real estate management and development of halls
Restaurant Business	Operation of restaurants adjacent to pachinko halls
Cleaning Business	Cleaning services in pachinko halls, hotels, offices, etc.
Investment Business	Investment in businesses in Asian regions
Aircraft Leasing Business	Aircraft Lease

(8) Principal Business Premises

1) The Company

(As of 31 March 2026)

Head Office	2-25-1-702 Nishi-Nippori, Arakawa-ku, Tokyo, Japan
Principal place of business in Hong Kong	Unit 1, 32/F, Hong Kong Plaza, 188 Connaught Road West, Hong Kong

2) Principal Subsidiaries

(As of 31 March 2026)

| DYNAM Co., Ltd. | Head Office
Pachinko Halls
Distribution Centers | 2-27-5 Nishi-Nippori, Arakawa-ku, Tokyo, Japan
389 halls in 46 prefectures in Japan
16 locations in 16 prefectures in Japan |
| --- | --- | --- |
| Yume Corporation Co., Ltd. | Head Office
Pachinko Halls | 195-1 Funahara-cho, Toyohashi, Aichi, Japan
29 halls in 17 prefectures in Japan |
| Cabin Plaza Co., Ltd. | Head Office
Pachinko Halls | 6-5-8 Kanamachi, Katsushika-ku, Tokyo, Japan
5 halls in 3 prefectures in Japan |
| DYNAM Business Support Co., Ltd. | Head Office | 6-5-8 Kanamachi, Katsushika-ku, Tokyo, Japan |
| Nihon Humap Co., Ltd. | Head Office | 5-15-7 Nishi-Nippori, Arakawa-ku, Tokyo, Japan |
| Next Play’s Co., Ltd. | Head Office | 2-25-1-702 Nishi-Nippori, Arakawa-ku, Tokyo, Japan |
| Dynam Hong Kong Co., Limited | Head Office | Unit 1, 32/F, Hong Kong Plaza, 188 Connaught Road West, Hong Kong |
| Dynam Aviation Ireland Limited | Head Office | 32 Molesworth Street, Dublin 2, D02Y512, Ireland |

(9) Status of Employees

1) Number of employees in the Company

(As of 31 March 2026)

Number of Employees	Changes from the End of the Previous Fiscal Year
25	-5

(Notes)

The above number refers to the number of employees at work in the Company. Apart from the above, the Company employed 1 temporary employee (average number of employees during the consolidated fiscal year under review).
Number of employees includes secondees to the Company, and excludes secondees from the Company.

2) Number of employees in the Group
(As of 31 March 2026)

Number of Employees	Changes from the End of the Previous Fiscal Year
4,084	-229

(Note) The above number refers to the number of employees at work in the Group. Apart from the above number, there are 7,992 temporary employees (average number of employees during the consolidated fiscal year under review).

(10) Major Lenders
(As of 31 March 2026)

Lenders	Outstanding Borrowings
Mizuho Bank, Ltd.	¥4,500 million
Sumitomo Mitsui Banking Corporation	¥3,000 million

MATTERS RELATED TO THE SHARES IN THE COMPANY (As of 31 March 2026)

(1) Total Number of Shares Authorized for Issue: 2,520,000,000 Shares
(2) Total Number of Issued Shares: 696,443,096 Shares (including 5,000,000 treasury Shares)
(3) Number of Shareholders: 134 Shareholders
(4) Major Shareholders (Ten Largest Shareholders):

Major Shareholders	Investment in the Company
	Number of Shares Held (Thousands of Shares)	Shareholding Ratio (%)
Sato Aviation Capital Limited	187,522	27.12
HKSCC Nominees Limited	131,764	19.06
Rich-O Co., Ltd.	95,810	13.86
Eurasia Foundation (from Asia)	80,000	11.57
Kohei SATO	49,639	7.18
DYNAM Suppliers Stock Ownership Plan	21,683	3.14
Masahiro SATO	19,579	2.83
DYNAM Employees Stock Ownership Plan	15,049	2.18
Shigehiro SATO	14,939	2.16
LAPULE, Ltd.	14,580	2.11

(Notes)
1. Shareholding ratio is calculated excluding treasury Shares (5,000,000 Shares).
2. Number of Shares held is stated based on the number of Shares beneficially held by the relevant shareholder.
3. HKSCC Nominees Limited is a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, and the nominee shareholder of the Company's shares listed on the Stock Exchange that are deposited in the account of the CCASS.

(5) Other Important Matters Related to Shares:

1) Share Repurchase

To implement flexible capital policy to cope with change of management environment and improve capital efficiency, the Company resolved to grant the general mandate to repurchase

Shares at the annual general meetings held on 24 June 2025. The details of the share repurchase based on such resolution are as follows:

Date of board resolution	Share repurchase period	Number of Shares repurchased
24 June 2025	From 12 March 2026 to 31 March 2026	5,000,000

2) Cancellation of Repurchased Shares

Not applicable.

STOCK ACQUISITION RIGHTS

Not applicable.

COMPANY OFFICERS

(1) Directors and Executive Officers

(As of 31 March 2026)

Name	Position and Area of Responsibilities in the Company	Responsibilities and Other Significant Concurrent Offices Held
Mr. Akira HOSAKA	Executive Director, Chairman of the Board, President, CEO, Member of Nomination Committee and Member of Remuneration Committee	President and Representative Director of DYNAM Co., Ltd.
Mr. Yoji SATO	Non-executive Director	Executive Director of Dynam Hong Kong Co., Limited and Chairman of Eurasia Foundation (from Asia)
Mr. Kohei SATO	Non-executive Director
Mr. Mitsutoshi KATO	Independent Non-executive Director, Chairman of Nomination Committee and Chairman of Remuneration Committee
Mr. Thomas Chun Kee YIP	Independent Non-executive Director and Member of Audit Committee	Practicing Director (Hong Kong Certified Public Accountant) of AIP Partners C.P.A. Limited
Mr. Kiyohito KANDA	Independent Non-executive Director and Chairman of Audit Committee	Tax Accountant
Mr. Koji KATO	Independent Non-executive Director and Member of Audit Committee	Attorney-at-law
Ms. Mayumi ITO	Independent Non-executive Director, Member of Nomination Committee and Member of Remuneration Committee

Name	Position and Area of Responsibilities in the Company	Responsibilities and Other Significant Concurrent Offices Held
Mr. Seiji OBE	Executive Officer	Executive Director and CEO of Dynam Hong Kong Co., Limited, Director of Dynam Aviation Ireland Limited and Managing Director of DYNAM Co., Ltd.
Mr. Kimiharu SATO	Executive Officer	Managing Director of DYNAM Co., Ltd. Representative Director of Next Play's Co., Ltd.
Mr. Kenichi HIGAKI	Executive Officer

(Notes)
1. Messrs. Mitsutoshi KATO, Thomas Chun Kee YIP, Kiyohito KANDA and Koji KATO and Ms. Mayumi ITO are Outside Directors as prescribed under Article 2, Item 15 of the Companies Act and independent non-executive Directors pursuant to the Listing Rules.
2. Mr. Kiyohito KANDA, the chairman of the Audit Committee, is a tax accountant and has adequate knowledge and insight in finance and accounting.
3. Mr. Thomas Chun Kee YIP, a member of the Audit Committee, a Hong Kong Certified Public Accountant, is currently serving as tax advisor in Hong Kong. He has adequate knowledge and insight in finance and accounting.
4. Mr. Koji KATO, a member of the Audit Committee, is an attorney-at-law. Having served as outside company auditor in other companies, he has adequate knowledge and insight in finance and accounting.
5. The Company has assigned to the Audit Committee Secretariat a full-time audit assistant for supporting the duties of the Audit Committee, and so has not selected a full-time member of the Audit Committee.

(2) Remuneration Committee's Policies for Determining Remuneration for Directors and Executive Officers, and its Description

At the Remuneration Committee meeting, a resolution was passed to revise the method of payment of executive remunerations and bonuses as follows.

1) The principle applicable to the remuneration for Directors and Executive Officers

Remuneration level for each of the Directors and Executive Officers shall be individually determined at an amount commensurate with the role expected, as well as the responsibility required in each position, in view of the standard at the industry peers as well as private businesses of equivalent scale in the similar sectors.

2) Remuneration for Directors

Remuneration for Directors shall be comprised of fixed remuneration and performance-related bonus.

A fixed remuneration shall be set based on the remuneration rank which is decided considering the rank and role, and the classification of whether the Director is full-time or part-time in the Group.

Bonus shall be determined by the level of performance of the Company.

Director's remuneration shall not be payable to a Director concurrently serving as an Executive Officer.

3) Remuneration for Executive Officers

Remuneration for Executive Officers consists of fixed remuneration and performance-related bonus and a fixed remuneration shall be set based on each Executive Officer's rank and role and a bonus shall be determined by the level of performance of the Company.

(3) Total Amount of Remuneration for Directors and Executive Officers

(From 1 April 2025 to 31 March 2026)

Classification	Number of Officers	Total amount of paid remuneration
Non-executive Directors
(of which, Independent Non-executive Directors)	7^{(※)}
(5)	¥44 million
(¥32 million)
Executive Officers	4^{(※)}	¥121 million

(Notes)
1. Amounts are rounded off to the nearest million yen.
2. No other form of remuneration other than money is paid as the remuneration for Directors and Executive Officers.
(※) As of the end of the fiscal year under review, there are eight (8) Directors (including five (5) independent non-executive Directors and one (1) Executive Director concurrently serving as Executive Officer) and three (3) Executive Officers. Please note that the remuneration for Director shall not be paid to a Director concurrently serving as an Executive Officer.

(4) Outline of the contracts for limitation of liability

Not applicable.

(5) Directors' and Officers' Liability Insurance

The Company has concluded a directors' and officers' liability insurance policy with an insurance company as stipulated in Article 430-3, Paragraph 1 of the Companies Act, which provides for compensation for damages and litigation costs to be borne by the insured.

The insured under the policy are Directors and Executive Officers of the Company, as well as directors, corporate auditors, corporate officers, and important employees of certain subsidiaries of the Company, and the premiums are borne by the Company and its subsidiaries. In addition, as a measure to ensure the appropriateness of the execution of duties by the insured, the insurance does not cover damages resulting from violations of laws and regulations.

(6) Matters Regarding Independent Non-executive Directors

1) Significant concurrent offices which the Outside Directors hold at other companies

Concurrent services of Directors and Executive Officers are stated in “(1) Directors and Executive Officers” under item 4 headed “COMPANY OFFICERS”. Other entities in which Directors and Executive Officers serve concurrently have no business relations with the Company.

2) Relationship with the specified related business operators including primarily main trade connections

Not applicable.

3) Outline of activities in the fiscal year under review

Summary of Independent non-executive Directors' attendance, statements made, and duties performed with respect to their expected roles as independent non-executive Directors

Name of Independent Non-executive Directors	Outline of Activities
Mr. Mitsutoshi KATO	Mr. Kato attended all of 13 Board meetings, 3 Nomination Committee meetings and 3 Remuneration Committee meetings held in the fiscal year under review, and based on his extensive experience and broad insight in the financial industry and corporate management, he provided advice on management and appropriate supervision of business execution from an objective and professional perspective. He also led the deliberation of proposals at the Nomination Committee and Remuneration Committee meetings as the chairman of each committee.
Mr. Thomas Chun Kee YIP	Mr. Yip attended all of 13 Board meetings and 15 Audit Committee meetings held in the fiscal year under review, and based on his extensive experience and broad insight as a certified public accountant in Hong Kong, he provided advice on management and appropriate supervision of business execution from an objective and professional perspective.
Mr. Kiyohito KANDA	Mr. Kanda attended all of 13 Board meetings and 15 Audit Committee meetings held in the fiscal year under review, and based on his extensive experience and broad insight as a certified tax accountant, he provided advice on management and appropriate supervision of business execution from an objective and professional perspective. He also chaired the Audit Committee and led the deliberation of proposals.
Mr. Koji KATO	Mr. Kato attended all of 13 Board meetings and 15 Audit Committee meetings under review, and based on his extensive experience and broad insight as an attorney-at-law, he provided advice on management and appropriate supervision of business execution from an objective and professional perspective.
Ms. Mayumi ITO	Ms. Ito attended all of 13 Board meetings, 3 Nomination Committee meetings and 3 Remuneration Committee meetings held in the fiscal year under review, and based on her extensive experience and broad insight in marketing and corporate management, she provided advice on management and appropriate supervision of business execution from an objective and professional perspective.

ACCOUNTING AUDITOR

(1) Name of Accounting Auditor

PricewaterhouseCoopers Japan LLC

(2) Amount of Remuneration of Accounting Auditor for the Fiscal Year under Review

¥91 million

(Note) Amount is rounded off to the nearest million yen.

(3) Reason Audit Committee Consented to Remuneration of Accounting Auditor

The Audit Committee reviewed and considered the Accounting Auditor's team formation, audit plan, implementation status, establishment of quality control system and quotation of remuneration based on "Practical Guidelines for Alliance with Accounting Auditor". As a result, the Audit Committee consented to the remuneration of the Accounting Auditor as specified in Article 399, Paragraph 1 of the Companies Act.

(4) Outline of the Contracts for Limitation of Liability

Not applicable.

(5) Policy on Determination of Removal or Disapproval of Re-appointment

If the Accounting Auditor is deemed to fall under any item of Article 340, Paragraph 1 of the Companies Act, the Audit Committee will remove the Accounting Auditor by consent of all of the Audit Committee members. In that case, the Audit Committee members elected by the Board shall report the dismissal of the Accounting Auditor and the reason therefor at the first General Meeting of Shareholders convened after the dismissal.

Apart from the above, the Audit Committee will review re-appointment or non-re-appointment of the Accounting Auditor each year, in consideration of the quality of audit and the effectiveness and efficiency of audit implementation by the Accounting Auditor.

FRAMEWORKS AND POLICIES OF THE COMPANY

(1) Frameworks for Ensuring Proper Execution of Business Operations

At the Board meeting, a resolution was passed on the basic policy of internal control as per the following:

1) Framework for Data Storage and Management Relating to Execution of Duties by Executive Officers

Executive Officers shall follow laws and rules in respect of document management, while maintaining and controlling information concerning the execution of their duties.

Executive Officers shall establish and maintain a system which, in response to the request by the Directors, the Audit Committee, or the Accounting Auditor, can disclose the information concerning the execution of their duties.

2) Rules for Risk of Loss Management and Other Similar Frameworks

Executive Officers shall establish the Group Risk Management Committee and maintain rules concerning risk management.

The Group Risk Management Committee shall summarize risk information exhaustively and develop risk analysis and countermeasure thereof.

Executive Officers shall, in response to unforeseen circumstances, set up an emergency headquarters to minimize the magnitude of losses.

3) Framework for Ensuring the Efficient Execution of Duties by Executive Officers

The Company shall hold the Board meeting monthly, as well as an urgent meeting as necessary, to ensure the efficient execution of duties by Executive Officers while maintaining the internal rules to define the responsibility and authority of Executive Officers and deliberation procedure at meeting structure for ensuring the efficient framework of business execution and Executive Officers' responsibility.

4) Framework for Ensuring Execution of Duties by Executive Officers and Employees are in Compliance with Laws and Regulations and Articles of Incorporation of the Company ("Articles")

The Company shall conform to the following matters to run the business according to the corporate philosophy in addition to the compliance with laws and regulations and Articles.

(i) The Company shall establish “DYNAM JAPAN HOLDINGS Group Charter of Corporate Behavior” for executives and employees to comply with laws and regulations and the Articles.
(ii) The Company shall keep executives and employees of the Group informed thoroughly of the “DYNAM JAPAN HOLDINGS Group Charter of Corporate Behavior”.
(iii) The Company shall countermeasure any issues concerning compliance based on “DYNAM JAPAN HOLDINGS Group Charter of Corporate Behavior”.
(iv) Executive Officers shall establish a whistle-blowing system for the Group to enhance effectiveness of the compliance framework.

5) Framework for Ensuring Proper Execution of Business Operations in Corporate Group Consisting of the Company and Subsidiaries

The Company shall promote following activities to comply with laws and regulations for the transactions between subsidiaries and proper business execution of the subsidiaries.

(i) The Company shall, through regularly held Management Strategy Conference and Business Briefing Sessions, grasp the action plans of subsidiaries which received correction instruction from the Company to conduct proper management guidance and control, in addition to the deliberation for the report of business and financial condition and other essential information. Meanwhile, the Company keeps identifying business risks that can be envisaged, and takes necessary risk management measures.
(ii) Executive Officers shall establish the Group Internal Control Committee and the Group Risk Management Committee to develop and operate a system necessary to manage risks of loss.
(iii) The Board lays out the primary Group management policies, while approving the business plans/budgets to ensure their prompt business execution.

In the course of their business execution, Executive Officers shall make business decisions according to due internal procedures based on the Board of Directors' Rules, Rules for Executive Officers' Business Execution and other rules concerning the responsibility and authority of Executive Officers, while supporting the duties of subsidiaries such as finance, accounting, personnel affairs and judicial affairs depending on their circumstances.

(iv) Executive Officers shall keep executives and employees of the Group informed thoroughly of the "DYNAM JAPAN HOLDINGS Group Charter of Corporate Behavior", relevant laws and regulations and rules and regulations of each Group company.

Executive Officers shall ensure the credibility of financial reports by examining the financial statements which may affect reliability thereof significantly.

Executive Officers shall strive for early detection of, and timely response to the violation of laws and regulations within the Group, by utilizing an attitude survey of employees over compliance and an intra-Group whistle blowing system. In response to any issue on a practice of whistle blowing system, Executive Officers shall request an improvement thereof.

The Company shall thoroughly stay away from the anti-social force or organizations that threaten the order and security of civil society, flatly reject any demand from them, and have no transactions whatsoever with the businesses, bodies and individuals related to them. Meanwhile, the whole Group shall address them in a resolute attitude, and coordinate with the external parties professionally addressing them including the police and our legal advisors.

6) Matters Related to Directors and Employees Who Are to Assist the Duties of the Audit Committee

Executive Officers shall establish the Audit Committee Support Office consisting of employees who are to assist the duties of the Audit Committee.

7) Matters Related to the Employees' Independence from Executive Officers in the Preceding Item

Executive Officers shall set out internal procedures regarding employees who are to assist the duties of the Audit Committee, which must formulate and operate the provisions necessary to ensure independence of the employees who are appointed to work at the Audit Committee Support Office, in terms of their execution of duty and personnel matters.

8) Framework for Ensuring the Effective Instruction to Directors and Employees Who Are to Assist the Duties of the Audit Committee

Executive Officers may assign employees from other departments to concurrently assist the Audit Committee in the performance of its duties, and full-time employees shall be assigned when requested by the Audit Committee. In addition, a system shall be established to ensure that such employees perform their duties under the direction and orders of the Audit Committee or Audit Committee members appointed by the Audit Committee.

9) Framework for Reporting by Executive Officers and Employees to the Audit Committee and Framework for Other Types of Reporting to the Audit Committee

The Company is committed to the following measures for Executive Officers and employees to regularly report on the status of execution of such Executive Officers' duties and material matters for ensuring that audits are efficiently conducted by the Audit Committee.

(i) An Executive Officer or a person designated by such Executive Officer shall make regular reports on the status of execution of such Executive Officer's or such employee's duties to the Audit Committee.

(ii) Directors (except for those who are members of the Audit Committee), Executive Officers and employees and executives and employees of its subsidiaries shall report on the status of such Executive Officers' and executives' duties to the Audit Committee upon the request by the Audit Committee.

(iii) Directors (except for those who are members of Audit Committee), Executive Officers and employees and executives and employees of its subsidiaries shall be able to report to the Audit Committee in case they find matters that may significantly and adversely affect the Company and its subsidiaries and facts in violation of material laws and regulation and the Articles.

(iv) A section of the Group in charge of its whistle blowing system shall regularly report on the status of the Group's whistle blowing activities to the Audit Committee.

(v) Executive Officers shall not treat adversely the Group's executives and employees who have made a report to the Audit Committee for the reason that they have made such report to the Audit Committee.

10) Matters Related to Policies Pertaining to Process such as Prepayment of Expenses Resulting from Execution of the Audit Committee's Duties

In the event the Audit Committee requests the Company to make the prepayment of expenses, etc. under the Companies Act, the Company may not refuse to do so and shall promptly account for expenses and debts unless there is a special circumstance where expenses or debts pertaining to such request are deemed unnecessary for the execution of the Audit Committee's duties.

11) Other Frameworks for Ensuring that the Audit Committee Effectively Executes Audits

An Executive Officer shall provide a member of the Audit Committee designated by the Audit Committee with opportunities to attend conference bodies presided over by such Executive Officer.

The responsible person of the Group's audit section shall discuss the internal audit plan with the Audit Committee and report on the results of audits on the Group's affairs and audits on improvement and operation of internal control to the Audit Committee.

(2) Summary of Operational Status of the Above Frameworks

The summary of operational status of the above frameworks during the fiscal year under review is as shown below.

1) Compliance

The Company has established “DYNAM JAPAN HOLDINGS Group Charter of Corporate Behavior” consisting of corporate philosophy and management policies. The Group continuously provides education to all officers and employees for ensuring each of them will understand thoroughly and act in accordance with this Behavior. In the fiscal year under review, the focus was put on the “training for protection of personal information”, the “training for harassment prevention” to improve working environment, and the “training on information security”.

The Company is operating an internal whistle blowing system for earlier discovery of organizational or individual compliance violations such as violations of laws and regulations and violations, etc. in the course of business. Further, as the countermeasure for excluding the anti-social force, the Company has taken necessary actions to block any relationship with the anti-social force by conducting screening surveys on suppliers.

2) Risk Management

The Company has established the Group Risk Management Committee to build a risk management system for the entire Group and the Group has been discussing analysis of risks impeding business activities and urgent countermeasure for the occurrence of cases and accidents. During the fiscal year under review, in response to natural disasters such as the tsunami caused by an earthquake off the eastern coast of the Kamchatka Peninsula and the heavy rainfall in Kumamoto, Kagoshima, and Ishikawa in August, we promptly confirmed the safety of our employees and halls, and took necessary measures. Furthermore, in light of the widespread distribution of suspicious emails nationwide since December, we have convened an emergency Group Risk Management Committee to discuss countermeasures and taken necessary steps, including implementing security measures and raising awareness and providing training to employees.

3) Management of Subsidiaries

The Company has received reports on the management situation, financial condition and any other significant matters from subsidiaries and conducted proper management guidance to them in monthly Business Briefing Sessions and other meetings. Further, the Company has conducted the audit of subsidiaries for checking the status of compliance with laws and regulations, the execution status of their duties and so on. Through such audit, the Company has confirmed each Group company's issues and problems earlier and made the improvement plan on such issues thereby having secured the appropriateness of business operations and improved the business efficiency.

(3) Basic Policies for the Control of the Company

Not applicable.

(4) Policies for Determining Dividends from Surplus

Performance-related distribution of profit to Shareholders is one of the priority agendas of the Company, and its basic policy is to pay dividends from surplus not less than 35% of the consolidated net profit calculated according to IFRS.

In terms of dividends from surplus, the interim dividend of ¥2.50 per Share was paid out in accordance with the resolution at the Board meeting held on 27 November 2025. At the Board meeting held on 28 May 2026, it was resolved to pay ¥2.50 per Share as final dividend.

DYNAM JAPAN HOLDINGS Co., Ltd.
Non-consolidated financial statements

BALANCE SHEET

(As of 31 March 2026)

(Millions of yen)
(Assets)
Current assets	8,167
Cash and deposits	5,766
Short-term loans receivable	1,900
Income taxes receivables	30
Others	469
Non-current assets	100,679
Property, plant and equipment	303
Buildings	101
Tools and equipment	0
Land	200
Investments and other assets	100,376
Stocks of subsidiaries and affiliates	99,712
Others	663
Total assets	108,846

DYNAM JAPAN HOLDINGS Co., Ltd.
Non-consolidated financial statements

(Millions of yen)
(Liabilities)
Current liabilities	15,384
Current portion of long-term borrowings	1,250
Accounts payable	46
Income taxes payables	111
Deposits received	13,924
Provision for Directors' bonuses	18
Others	32
Non-current liabilities	6,265
Long-term borrowings	6,250
Long-term accounts payable	14
Deferred tax liabilities	0
Total liabilities	21,650
(Net assets)
Shareholders' equity	87,196
Capital stock	15,000
Capital surplus	51,026
Legal capital surplus	12,909
Other capital surplus	38,117
Retained earnings	21,500
Other retained earnings	21,500
Retained earnings brought forward	21,500
Treasury shares	(330)
Total net assets	87,196
Total liabilities and net assets	108,846

DYNAM JAPAN HOLDINGS CO., Ltd.
Non-consolidated financial statements

STATEMENT OF PROFIT OR LOSS
(From 1 April 2025 to 31 March 2026)

Net sales		(Millions of yen)
		4,252
Gross profit		4,252
Selling, general and administrative expenses		1,031
Operating income		3,220
Non-operating income
Interest income	5
Foreign exchange income	128
Others	15	150
Non-operating expense
Interest expense	93
Financing expense	57
Others	23	174
Ordinary income		3,197
Income before income taxes		3,197
Income taxes — current	(27)
Income taxes — deferred	1	(25)
Net income		3,222

DYNAM JAPAN HOLDINGS CO., Ltd.
Non-consolidated financial statements

STATEMENT OF CHANGES IN NET ASSETS

(From 1 April 2025 to 31 March 2026)

(Millions of yen)

	Shareholders' equity
	Capital stock	Capital surplus			Retained earnings
		Legal capital surplus	Other capital surplus	Total capital surplus	-Other retained earnings	Total retained earnings
					-Retained earnings brought forward
Balance as of 1 April 2025	15,000	12,909	38,117	51,026	21,760	21,760
Changes during the current fiscal year
2025/2026 dividend	-	-	-	-	(3,482)	(3,482)
Profit for the year	-	-	-	-	3,222	3,222
Purchase of treasury shares	-	-	-	-	-	-
Cancellation of treasury shares	-	-	-	-	-	-
Total changes during the current fiscal year	-	-	-	-	(259)	(259)
Balance as of 31 March 2026	15,000	12,909	38,117	51,026	21,500	21,500
	Shareholders' equity		Total net assets
---	---	---	---
	Treasury shares	Total shareholders' equity
Balance as of 1 April 2025	-	87,786	87,786
Changes during the current fiscal year
2025/2026 dividend	-	(3,482)	(3,482)
Profit for the year	-	3,222	3,222
Purchase of treasury shares	(330)	(330)	(330)
Cancellation of treasury shares	-	-	-
Total changes during the current fiscal year	(330)	(589)	(589)
Balance as of 31 March 2026	(330)	87,196	87,196

NOTES TO NON-CONSOLIDATED FINANCIAL STATEMENTS

1. SIGNIFICANT ACCOUNTING POLICIES

1) Valuation method of significant assets

Valuation method of securities

Stocks of subsidiaries and affiliates: Stocks of subsidiaries and affiliates are stated at cost less impairment, determined by the moving average method.

Available-for-sale securities:

(i) Securities, etc. other than securities, etc. without market value: Securities, etc. other than securities, etc. without market value are stated at the quoted market prices. Differences between market value and acquisition costs are reported as “Unrealised gains or losses on available-for-sale securities” a separate component of net assets. The cost of securities sold is determined by the moving average method.

(ii) Securities, etc. without market value: Securities, etc. without market value are stated at cost less impairment, determined by the moving average method.

2) Depreciation method of depreciable assets

(i) Property, plant, and equipment: Depreciation of property, plant and equipment is calculated by the declining-balance method, while the straight-line method is applied to buildings (excluding leasehold improvements) and leasehold improvements acquired after 1 April 2016.

(ii) Intangible assets: Amortisation of intangible assets is calculated by the straight-line method. Software used for internal purposes is amortised by the straight-line method over its estimated useful life (5 years).

3) Recognition and measurement of significant provisions and allowances

Provision for Directors' bonuses

Provision for Directors' bonuses is made based on the estimated amounts to be paid during the fiscal year.

4) Recognition of significant revenue and expense

The Company recognises revenue in accordance with the following 5 steps.

Step1: Identify a contract with a customer

Step2: Identify the performance obligations in the contract

Step3: Determine the transaction price

Step4: Allocate the transaction price to the performance obligations in the contract

Step5: Recognise revenue when (or as) the entity satisfies a performance obligation

The Company renders management consulting services to its subsidiaries as customers. In regards to each contract for the consulting services, the Company identifies the performance obligation to render the consulting services on management, planning etc. to its subsidiaries. Since the performance obligation is satisfied as time passes, the Company recognises revenue over the contract term.

5) Translations of foreign currency receivables and payables

Foreign currency receivables and payables are translated at the spot exchange rate at the end of each reporting period. Gains and losses resulting from this translation are recognised in profit or loss.

6) Other significant accounting policies for financial statements

(i) Cash Management System (CMS)

As a result of utilisation of Cash Management System (CMS) for the purpose of promoting efficient use of the Group funds, the Company has “short-term loans receivable” of ¥1,900 million due from the Group companies and “deposits received” of ¥13,920 million due to the Group companies.

(ii) Application of Tax effect accounting in relation to the implementation of the Group Tax Sharing System

The Company and certain of its domestic subsidiaries and affiliates have adopted the Group Tax Sharing System from this fiscal year. In addition, with regard to the accounting treatment and disclosure of corporate tax, local corporate tax, and tax effect accounting when applying the group tax sharing, the Company complies with “the Practical Solution on the Accounting and Disclosure under the Group Tax Sharing System” (the Practical Solution No.42).

NOTES TO BALANCE SHEET

1) Accumulated depreciation
(millions of yen)
Property, plant, and equipment
84

2) Financial guarantees

The Company provides financial guarantees for borrowings by its subsidiaries from financial institutions in the total amount of ¥50,405 million, including undertaking to provide financial guarantees upon financial institutions’ request under certain conditions.

3) Receivables from and payables to subsidiaries and affiliates
(Millions of yen)
Short-term receivables
2,099
Short-term payables
13,956

NOTES TO STATEMENT OF PROFIT OR LOSS

1) Transactions with subsidiaries and affiliates
(Millions of yen)
Business transactions
Net sales
4,252
Selling, general and administrative expenses
273
Other transactions
46

NOTES TO STATEMENT OF CHANGES IN NET ASSETS

1) Total number of issued Shares as at the end of the fiscal year
Ordinary Shares
696,443,096 shares

2) Class and number of treasury shares at the end of the fiscal year
Ordinary Shares
5,000,000 shares

3) Dividend from surplus during the fiscal year

Resolution	Class of Share	Dividend amount (Millions of yen)	Dividend amount per Share (yen)	Record date	Effective date
Board meeting on 26 May 2025	Ordinary Share	1,741	2.50	4 June 2025	25 June 2025
Board meeting on 27 November 2025	Ordinary Share	1,741	2.50	16 December 2025	14 January 2026

4) Dividend from surplus of which record date and effective date come in the subsequent fiscal year

Resolution	Class of Share	Dividend amount (Millions of yen)	Fund of Dividend	Dividend amount per Share (yen)	Record date	Effective date
Board meeting on 28 May 2026	Ordinary Share	1,728	Retained earnings	2.50	5 June 2026	26 June 2026

The amount of proposed final dividend for the year ended 31 March 2026 is based on the number of Shares obtained by subtracting 5,000,000 treasury Shares from the 696,443,096 Shares in issue as at 28 May 2026 when the financial statements were approved by the Board.

If the Company owns any treasury shares as at 5 June 2026, the dividend record date, the amount of proposed final dividend represents the number of shares in issue, which excludes the number of treasury shares owned by the Company as of the date, multiplied by the amount of dividend per share.

NOTES TO INCOME TAXES

1) Deferred tax assets

	(Millions of yen)
Stocks of subsidiaries and affiliates	2,506
Unused tax loss	791
Others	275
Subtotal	3,572
Valuation allowance	(3,533)
Total	39

2) Deferred tax liabilities

	(Millions of yen)
Non-taxable foreign currency translation gains	37
Others	2
Total deferred tax liabilities	39
Net deferred tax liabilities	0

6. Financial Instruments

1) Information on financial instruments

(1) Policy for financial instruments

The Company invests temporary surplus cash in safe financial instruments such as bank deposits carrying little risk and raises funds necessary for its operations through the most effective measures. In addition, the Company has policies to utilise derivatives only for hedging purposes and not to conduct any speculative transactions.

(2) Financial instruments, related risks and risk management

The loans receivables are due from subsidiaries and exposed to credit risk in relation to relevant subsidiaries.

The Company monitors the collection status of loans receivable for each subsidiary together with the maturity date and the balance to keep track of and minimise any concern about the collection arising from any degradation of each subsidiary's financial status condition, etc. at an early phase.

The maturity dates for accounts payables, income taxes payables and deposits received generally range from 2 to 3 months.

2) Matters related to Fair Values, etc. of Financial Instruments

The details of cash and deposits, short-term loans receivable, accounts payable, income tax payable and deposits received as at the end of the fiscal year are omitted as their fair values are close to their book values due to short term settlement.

Securities, etc. without market value (stocks of subsidiaries and affiliates on the balance sheet: ¥99,712 million) are not measured at fair value.

Account name	The amount on the balance sheet (Millions of yen)	Fair value (Millions of yen)	Difference (Millions of yen)
Long-term borrowings (Current portion of long-term borrowings included)	(7,500)	(7,500)	—

*The figures recorded as liabilities are indicated with ().
(Note) Matters related to determinations on fair value of financial instruments
Long-term borrowings

The fair value of long-term borrowings is determined based on the book value since the fair value is close to the book value as it reflects a market interest rate briefly and the credit status of the Company as at the end of the fiscal year does not significantly change from the beginning of the borrowings.

7. NOTES TO RELATED PARTY TRANSACTIONS

Transactions with subsidiaries
(Millions of yen)

Type	Company Name	Ownership	Relationship		Transaction	Amounts	Account name	Balance
			Interlocking directors	Business relationship
Subsidiaries	DYNAM Co., Ltd.	Directly held 100%	Present	Business Management	Funds in trust (Note 2)	—	Deposits received	10,372
					Interest expense (Note 2)	16	—	—
					Financial guarantees (Note 4)	17,920	—	—
					Outsourcing of financial and accounting operations, etc.	147
					Management consulting fee (Note 3)	432	—	—
					Dividend income	3,581	—	—
	DYNAM Business Support Co., Ltd.	Directly held 100%	—	Business Management	Lending of funds (Note 1)	—	Short-term loans receivable	700
					Interest income (Note 1)	9	Accrued income	2
					Funds in trust (Note 2)	—	Deposits received	335
					Interest expense (Note 2)	1	—	—
					Financial guarantees (Note 4)	8,800	—	—
					Management consulting fee (Note 3)	10	—	—
					Dividend income	69	—	—
	Dynam Aviation Ireland Limited	Directly held 100%	Present	Business Management	Subscription of shares	3,078	Stocks of subsidiaries and affiliates	32,007
					Financial guarantee commitment (Note 5)	18,860	—	—
	Cabin Plaza Co., Ltd.	Directly held 100%	—	Business Management	Funds in trust (Note 2)	—	Deposits received	1,442
					Interest expense (Note 2)	3	—	—
					Management consulting fee (Note 3)	8	—	—
					Dividend income	20	—	—
	Nihon Humap Co., Ltd.	Directly held 100%	—	Business Management	Lending of funds (Note 1)	—	Short-term loans receivable	200
					Interest income (Note 1)	2	Accrued income	0
					Funds in trust (Note 2)	—	Deposits received	739
					Interest expense (Note 2)	1	—	—
					Management consulting fee (Note 3)	6	—	—
					Dividend income	27	—	—

Type	Company Name	Ownership	Relationship		Transaction	Amounts	Account name	Balance
			Interlocking directors	Business relationship
Subsidiaries	Yume Corporation Co., Ltd.	Directly held 100%	—	Business Management	Lending of funds (Note 1)	500	Short-term loans receivable	1,000
					Interest income (Note 1)	10	Accrued income	0
					Funds in trust (Note 2)	—	Deposits received	10
					Interest expense (Note 2)	0	—	—
					Financial guarantees (Note 4)	4,825	—	—
					Guarantees for a lease contract of halls	50	—	—
					Management consulting fee (Note 3)	33	—	—
					Dividend income	61	—	—

(Notes) Terms and conditions of transactions and policy, etc. regarding determination of terms and conditions of transactions

An interest rate on lending of funds is reasonably determined at the Board meeting in consideration of the market interest rate.
The transaction amount of funds in trust is omitted since it is a short-term and recursive transaction. An interest rate thereon is reasonably determined at the Board meeting in consideration of the market interest rate.
Management consulting fees are determined at the Board meeting based on the objective standard in consideration of basic management indicators and financial capacity of subsidiaries.
The Company guarantees bank borrowings of DYNAM Co., Ltd., DYNAM Business Support Co., Ltd. and Yume Corporation Co., Ltd. The Company does not receive guarantee fees.
No financial guarantee has been provided with respect to bank borrowings of Dynam Aviation Ireland Limited, and no guarantee fee is received. A guarantee may be provided in the future only if requested by financial institutions under certain conditions.

8. NOTES TO PER SHARE INFORMATION

(Yes)

Net assets per Share
126.11

Net income per Share
4.63

9. NOTES TO REVENUE RECOGNITION

Basic information to comprehend revenue

Basic information to comprehend revenue is set out in “1. SIGNIFICANT ACCOUNTING POLICIES, 4) Recognition of significant revenue and expense”.

10. NOTES TO INCOME TAXES RELATED TO GLOBAL MINIMUM TAX

The amount of income taxes related to the global minimum tax liability included in income taxes is 110 million yen.

11. NOTES TO SIGNIFICANT SUBSEQUENT EVENTS

Not applicable.

CERTIFIED COPY OF THE ACCOUNTING AUDITOR'S REPORT

Independent Auditor's Report
(English Translation*)
28 May 2026

To the Board of Directors of
株式会社ダイナムジャパンホールディングス
DYNAM JAPAN HOLDINGS Co., Ltd.

PricewaterhouseCoopers Japan LLC
Tokyo office

Tatsuya Chiba, CPA
Designated limited liability Partner
Engagement Partner

Satoshi Shimbo, CPA
Designated limited liability Partner
Engagement Partner

Opinion

We have audited, pursuant to Article 436 (2) (i) of the Companies Act of Japan, the accompanying financial statements, which comprise the balance sheet, profit and loss statement, statement of changes in net assets and notes to the financial statements, and the supplementary schedules of DYNAM JAPAN HOLDINGS Co., Ltd. (hereinafter referred to as the "Company") for the 15th fiscal year from 1 April 2025 to 31 March 2026.

In our opinion, the financial statements and the supplementary schedules referred to above present fairly, in all material respects, the financial position and its financial performance for the period covered by the financial statements and the supplementary schedules in accordance with accounting principles generally accepted in Japan.

Basis for Opinion

We conducted our audit in accordance with auditing standards generally accepted in Japan. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements and the Supplementary Schedules section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements and the supplementary schedules in Japan, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other Information

The other information comprises the business report and the supplementary schedules. Management is responsible for the preparation and disclosure of the other information. In addition, the Audit Committee is responsible for overseeing the executive officers' and directors' execution of their duties in building and operating the Company's reporting process of the other information.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Responsibilities of Management and the Audit Committee for the Financial Statements and the Supplementary Schedules

Management is responsible for the preparation and fair presentation of the financial statements and the supplementary schedules in accordance with accounting principles generally accepted in Japan, and for such internal control as management determines is necessary to enable the preparation of the financial statements and the supplementary schedules that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements and the supplementary schedules, management is responsible for assessing the Company's ability to continue as a going concern and disclosing, as applicable, matters related to going concern in accordance with accounting principles generally accepted in Japan.

The Audit Committee are responsible for overseeing the executive officers' and directors' execution of their duties in building and operating the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Statements and the Supplementary Schedules

Our objectives are to obtain reasonable assurance about whether the financial statements and the supplementary schedules as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements and the supplementary schedules.

As part of an audit in accordance with auditing standards generally accepted in Japan, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements and the supplementary schedules, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, while the purpose of the financial statement audit is not to express an opinion on the effectiveness of the Company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements and the supplementary schedules or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate whether the presentation and disclosures of the financial statements and the supplementary schedules are in accordance with accounting principles generally accepted in Japan, the overall presentation, structure and content of the financial statements and the supplementary schedules, including the disclosures, and whether the financial statements and the supplementary schedules represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with the Audit Committee regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide the Audit Committee with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied to reduce threats to an acceptable level.

Our firm and its designated engagement partners do not have any interest in the Company which is required to be disclosed pursuant to the provisions of the Certified Public Accountants Act of Japan.

Notes to the Readers of Independent Auditor’s Report
This is an English translation of the Independent Auditor’s Report as required by the Companies Act of Japan for the conveniences of the reader.

CERTIFIED COPY OF THE AUDIT COMMITTEE'S REPORT

(Translation)

AUDIT REPORT

The Audit Committee has conducted audits of the Directors and Executive Officers of the Company with regard to their performance of duties during the 15th fiscal year (1 April 2025 to 31 March 2026). A report covering the findings of the audit follows.

1. Method and Contents of Audit

The Company's Audit Committee monitored and examined the content of resolutions of the Board of Directors related to matters set forth in Article 416, Paragraph 1, Item 1 (b) and (e) of the Companies Act, as well as the structure and operational status of the Company's internal control system as set forth in the aforementioned resolutions. To this end, the Audit Committee regularly received reports from Directors, Executive Officers and employees regarding the content of the above resolutions, and where necessary, sought explanations and voiced opinions on these matters.

(i) Moreover, in accordance with its established policies and procedures and in collaboration with the divisions in charge of internal control, among others, the Audit Committee attended important meetings, received reports on business activities from Directors and Executive Officers, sought explanations where necessary and conducted appropriate surveys of the status of business operations and assets of the Company. The Audit Committee received business reports from subsidiaries as necessary, through communication and information sharing with the Directors and Corporate Auditors of the subsidiaries.

(ii) In addition, the Audit Committee monitored and verified whether the Accounting Auditors maintained its independence and properly conducted its audit, received a report from the Accounting Auditors on the status of their performance of duties, and requested explanations as necessary. The Audit Committee was notified by the Accounting Auditors that it had established a "system to ensure that the performance of the duties of the Accounting Auditors was properly conducted" (the matters listed in the items of Article 131 of the Ordinance on Company Accounting) in accordance with the "Quality Control Standards for Audits" (published by the Business Accounting Council), and requested explanations as necessary.

Based on the above-described methods, the Audit Committee examined the Business Report and the accompanying supplementary schedules, the Financial Statements (balance sheet, statement of profit or loss, statement of changes in net assets, and notes to financial statements) and the accompanying supplementary schedules for the fiscal year under review.

2. Results of Audit

(1) Results of Audit of Business Report, etc.

(i) We acknowledge that the Business Report and the accompanying supplementary schedules fairly present the status of the Company in conformity with the applicable laws, regulations, and the Articles of Incorporation.

(ii) We acknowledge that no misconduct or material fact constituting a violation of

laws, regulations, or the Articles of Incorporation was found with respect to the Directors and Executive Officers' performance of their duties.

(iii) We acknowledge that the Board of Directors' resolutions with respect to the internal control systems are appropriate. We did not find any matter in the Business Report or the Directors and Executive Officers' performance of their duties concerning the internal control systems that require mentioning.

(2) Results of Audit of the Financial Statements and the Accompanying Supplementary Schedules

We acknowledge that the methods and results of audit performed by the Accounting Auditor, PricewaterhouseCoopers Japan LLC, are appropriate.

28 May 2026

Audit Committee of
DYNAM JAPAN HOLDINGS Co., Ltd.

Chairman of Audit Committee
Kiyohito Kanda (Seal)

Member of Audit Committee
Thomas Chun Kee Yip (Seal)

Member of Audit Committee
Koji Kato (Seal)

(Note) Members of Audit Committee, Messrs. Kiyohito Kanda, Thomas Chun Kee Yip and Koji Kato are Outside Directors as prescribed under Article 2, Item 15 and Article 400, Paragraph 3 of the Companies Act.

(Reference Materials)
DYNAM JAPAN HOLDINGS Co., Ltd.
Non-audited consolidated financial statements (IFRS)

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

(As of 31 March 2026)

(Millions of yen)
Item	Amount
(Assets)
Non-current assets
Property, plant and equipment	183,244
Right-of-use assets	86,663
Investment properties	6,577
Intangible assets	6,706
Financial assets measured at fair value through other comprehensive income	2,386
Lease receivables	6,980
Deferred tax assets	10,340
Other non-current assets	6,560
Total non-current assets	309,456
Current assets
Inventories	3,543
Trade receivables	433
Lease receivables	3,021
Prizes in operation of pachinko halls	2,954
Income taxes receivables	10
Other current assets	1,843
Cash and cash equivalents	36,828
Total current assets	48,632
Assets held for sale	24,160
Total assets	382,248

(Reference Materials)
DYNAM JAPAN HOLDINGS Co., Ltd.
Non-audited consolidated financial statements (IFRS)

Item	(Millions of yen) Amount
(Liabilities)
Current liabilities
Trade and other payables	12,996
Borrowings	43,860
Lease liabilities	9,955
Provisions	1,496
Income taxes payables	1,304
Other current liabilities	10,560
Total current liabilities	80,171
Non-current liabilities
Deferred tax liabilities	220
Borrowings	66,827
Lease liabilities	93,078
Provisions	5,868
Other non-current liabilities	3,317
Total non-current liabilities	169,310
Total liabilities	249,481
(Equity)
Share capital	15,000
Capital reserve	5,583
Treasury shares	(331)
Retained earnings	106,464
Other components of equity	6,036
Equity attributable to owners of the Company	132,752
Non-controlling interests	15
Total equity	132,767
Total liabilities and equity	382,248

(Reference Materials)
DYNAM JAPAN HOLDINGS Co., Ltd.
Non-audited consolidated financial statements (IFRS)

(CFrom 1 April 2025 to 31 March 2026)

CONSOLIDATED STATEMENT OF PROFIT OR LOSS
(Millions of yen)

Item	Amount
Revenue	123,186
Operating expenses	(113,716)
General and administrative expenses	(3,780)
Other income	8,691
Other expenses	(5,227)
Operating profit	9,154
Finance income	641
Finance expenses	(5,820)
Profit before income tax	3,975
Income taxes	(1,370)
Net profit for the year	2,605
Net profit attributable to:
Owners of the Company	2,603
Non-controlling interests	2
Net profit	2,605

(Reference Materials)
DYNAM JAPAN HOLDINGS Co., Ltd.
Non-audited consolidated financial statements (IFRS)

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
(From 1 April 2025 to 31 March 2026)
(Millions of yen)

	Attributable to equity holders of the Company
	Share Capital	Capital reserve	Treasury Shares	Retained earnings	Other components of equity
					Revaluation surplus for properties	Fair value of financial assets at FVTOCI
At 1 April 2025	15,000	5,583	-	107,343	164	(5,915)
Profit for the year	-	-	-	2,603	-	-
Other comprehensive income for the year	-	-	-	-	269	(223)
Total comprehensive income for the year	-	-	-	2,603	269	(223)
Purchase of treasury shares	-	-	(331)	-	-	-
2025/2026 dividend	-	-	-	(3,482)	-	-
Total changes in equity for the year	-	-	(331)	(879)	269	(223)
At 31 March 2026	15,000	5,583	(331)	106,464	433	(6,138)
	Attributable to equity holders of the Company				Non-controlling interests	Total equity
---	---	---	---	---	---	---
	Other components of equity			Total
	Foreign currency translation reserve	Cash flow hedge	Total
At 1 April 2025	10,347	(1,199)	3,397	131,323	13	131,336
Profit for the year	-	-	-	2,603	2	2,605
Other comprehensive income for the year	3,690	(1,097)	2,639	2,639	0	2,639
Total comprehensive income for the year	3,690	(1,097)	2,639	5,242	2	5,244
Purchase of treasury shares	-	-	-	(331)	-	(331)
2025/2026 dividend	-	-	-	(3,482)	-	(3,482)
Total changes in equity for the year	3,690	(1,097)	2,639	1,429	2	1,431
At 31 March 2026	14,037	(2,296)	6,036	132,752	15	132,767

Other Matters

1) SCOPE OF CONSOLIDATION

Number of Consolidated Subsidiaries and Name of Main Consolidated Subsidiaries
Number of Consolidated Subsidiaries 23
Name of Main Consolidated Subsidiaries DYNAM Co., Ltd., Cabin Plaza Co., Ltd., Yume Corporation Co., Ltd., DYNAM Business Support Co., Ltd., Nihon Humap Co., Ltd., Dynam Hong Kong Co., Ltd. and Dynam Aviation Ireland Limited.

2) SUMMARY OF ACCOUNTING POLICIES

Basis of preparation of the consolidated financial statements

The Company presents the accompanying International Financial Reporting Standards ("IFRS") based consolidated financial statements for reference only, and this information does not comprise any contents of statutory disclosure under Companies Act of Japan.

The accompanying consolidated financial statements comprise consolidated statement of financial position, consolidated statement of profit or loss and consolidated statement of changes in equity for the fiscal year ended 31 March 2026 which are prepared in accordance with IFRS, and are not complete set of consolidated financial statements.

In addition, neither external audit nor review by independent auditors has been conducted.

The accompanying consolidated financial statements are stated in the Company's functional currency, Japanese Yen, and unless otherwise stated, all financial information is presented in million yen.

3) Adoption of new and revised international financial reporting standards

The following new standards and amendments have been issued and effective for annual periods beginning on 1 April 2025, with no material impact on the Group's results of operations and financial positions:

— IAS 21 (Amendment), "The Effects of Changes in Foreign Exchange Rates"

APPENDIX II

REFERENCE MATERIALS FOR THE 15TH ANNUAL GENERAL MEETING OF SHAREHOLDERS

1. First Resolution: General Mandate to Allot, Issue and Deal in Shares (Ordinary Resolution)

"THAT: a general unconditional mandate be and is hereby granted to the Board authorizing it to exercise all the powers of the Company during the Relevant Period (as defined below) to, subject to the requirements under the Listing Rules and/or all applicable laws and regulations in Hong Kong and Japan from time to time, allot, issue and deal in Shares (including any sale and transfer of Shares out of treasury that are held as treasury Shares) or securities convertible into Shares and to make an offer or agreement or grant an option which would or might require such Shares to be allotted and issued, whether during the continuance of such mandate or thereafter (other than pursuant to an offer made to the Shareholders pro-rata (apart from fractional entitlements) to their existing shareholding, or under any arrangement adopted for the grant or issue of stock acquisition rights), provided that the aggregate number of the Shares allotted or agreed conditionally or unconditionally to be allotted under such mandate shall not exceed 20% of the aggregate number of Shares issued by the Company as at the date of this resolution (excluding treasury Shares, if any), such mandate to remain in effect during the Relevant Period (as defined below).

"Relevant Period" for the first resolution means the period from the passing of this resolution until the earliest of:

(i) the conclusion of the next annual general meeting of the Company following the passing of this resolution;

(ii) the expiration of a 12-month period following the passing of this resolution; or

(iii) the date on which the authority set out in this resolution is revoked or varied by a special resolution at a general meeting."

2. Second Resolution: General Mandate to Repurchase Shares (Ordinary Resolution)

"THAT: subject to and in accordance with all applicable laws and ordinances in Japan and Hong Kong and the requirements of the Listing Rules, a general unconditional mandate be and is hereby given to the Board authorizing it to exercise all powers during the Relevant Period (as defined below) for and on behalf of the Company to repurchase Shares on the Stock Exchange. However, the aggregate number of the Shares that could be repurchased by the Company pursuant to the aforementioned mandate shall not exceed 10% of the aggregate number of Shares issued by the Company as at the date of passing of this resolution (excluding treasury Shares, if any).

Please note that the aforementioned mandate shall be effective only during the Relevant Period (as defined below).

"Relevant Period" for the second resolution means the period from the passing of this resolution until whichever is the earliest of:

(i) the conclusion of the next annual general meeting of the Company unless the authority is renewed either unconditionally or subject to conditions by the passing of the ordinary resolution at the said meeting; or

(ii) the passing of the ordinary resolution revoking, varying or renewing such mandate at a general meeting."

(Notes)

(1) Please refer to the attached document entitled "Explanatory Statement" in APPENDIX III for the summary of important provisions of the Listing Rules with respect to the repurchase of Shares.
(2) The original of the attached document entitled "Explanatory Statement" in APPENDIX III was made in English.

3. Third Resolution: Proposed Election of Eight (8) Directors (Ordinary Resolution)

The term of office of all eight (8) Directors will expire at the conclusion of this Meeting. Accordingly, the Company proposes that eight (8) Directors be elected based on the decisions by the Nomination Committee.

The details of Director candidates are as follows. Of these, five (5), Mr. Mitsutoshi Kato, Mr. Thomas Chun Kee Yip, Mr. Kiyohito Kanda, Mr. Koji Kato, and Ms. Mayumi Ito, are candidates for outside Director as defined in Article 2, Paragraph 3, Item 7 of the Ordinance for Enforcement of the Companies Act.

Candidate Number	Name	Position and Area of Responsibilities in the Company After Appointment
1	Mr. Akira HOSAKA	Executive Director, Chairman of the Board, President, CEO, Member of Nomination Committee and Member of Remuneration Committee	Re-appointment
2	Mr. Yoji SATO	Non-executive Director	Re-appointment
3	Mr. Kohei SATO	Non-executive Director	Re-appointment
4	Mr. Mitsutoshi KATO	Independent Non-executive Director, Chairman of Nomination Committee and Chairman of Remuneration Committee	Re-appointment
5	Mr. Thomas Chun Kee YIP	Independent Non-executive Director and Member of Audit Committee	Re-appointment
6	Mr. Kiyohito KANDA	Independent Non-executive Director and Chairman of Audit Committee	Re-appointment
7	Mr. Koji KATO	Independent Non-executive Director and Member of Audit Committee	Re-appointment
8	Ms. Mayumi ITO	Independent Non-executive Director, Member of Nomination Committee and Member of Remuneration Committee	Re-appointment

Re-appointment Candidate for Director to be re-appointed

Candidate number 1

Akira HOSAKA

re-appointment

Current Position and Responsibilities in the Company

Executive Director

Chairman of the Board

President

CEO

Member of Nomination Committee

Member of Remuneration Committee

Activities at Board and Committees

Board 100% (13/13)

Nomination Committee 100% (3/3)

Remuneration Committee 100% (3/3)

Number of Shares Beneficially Owned

78,121

Date of Birth

6 October 1972

Career Summary, Position, Responsibilities and Other Significant Concurrent Offices

April 1995 Joined DYNAM Co., Ltd.

March 2008 Zone Manager of Niigata zone of DYNAM Co., Ltd.

May 2016 Head of Corporate Management Department of DYNAM Co., Ltd.

June 2017 Director of DYNAM Co., Ltd.

June 2020 President and Representative Director of DYNAM Co., Ltd. (present)

June 2020 Non-executive Director of the Company

June 2023 Executive Director, Chairman of the Board, President and CEO of the Company (present)

Candidate number 2	Yoji SATO	re-appointment
Current Position and Responsibilities in the Company	Career Summary, Position, Responsibilities and Other Significant Concurrent Offices
Non-executive Director	January 1970	Joined Sawa Shoji Co., Ltd. (now called DYNAM Co., Ltd.)
Activities at Board and Committees	September 1978	President and Representative Director of Sawa Shoji Co., Ltd.
Board 100% (13/13)	June 2000	Chairman and Representative Director of DYNAM Co., Ltd.
Number of Shares Beneficially Owned	April 2003	President and Representative Director of Dynam Investment Co., Ltd. (now called Nihon Humap Co., Ltd.)
0
Date of Birth	March 2007	Executive Director, President and CEO of DYNAM Holdings Co., Ltd.
24 September 1945	December 2009	Chairman of One Asia Foundation (now called Eurasia Foundation (from Asia)) (present)
	September 2011	Executive Director, Chairman of the Board, President and CEO of the Company
	January 2013	Executive Director and CEO of Dynam Hong Kong Co., Limited
	June 2013	Executive Director and Chairman of the Board of the Company
	June 2015	Executive Director of Dynam Hong Kong Co., Limited (present)
	June 2015	Executive Director of the Company
	June 2016	Non-executive Director of the Company (present)
Candidate number 3	Kohei SATO	re-appointment
---	---	---
Current Position and Responsibilities in the Company	Career Summary, Position, Responsibilities and Other Significant Concurrent Offices
Non-executive Director	March 1983	Joined Takeda Riken Industry Co., Ltd. (now called Advantest Corporation)
Activities at Board and Committees	June 1985	Joined Kodak Co., Ltd.
Board 100% (13/13)	June 1995	Joined DYNAM Co., Ltd.
Number of Shares Beneficially Owned	June 1998	Director of DYNAM Co., Ltd.
49,639,680	June 2000	President and Representative Director of DYNAM Co., Ltd.
Date of Birth	January 2013	CEO of the Company
26 November 1954	June 2013	President and CEO of the Company
	June 2014	Executive Director, President and CEO of the Company
	June 2015	Chairman of DYNAM Co., Ltd.
	June 2015	Executive Director and CEO of Dynam Hong Kong Co., Limited
	June 2015	Executive Director, Chairman of the Board, President and CEO of the Company
	April 2020	Non-executive Director of the Company (present)
Candidate number 4	Mitsutoshi KATO re-appointment
---	---	---
Current Position and Responsibilities in the Company	Career Summary, Position, Responsibilities and Other Significant Concurrent Offices
Independent Non-executive Director	April 1982	Joined The Bank of Tokyo, Ltd. (now called MUFG Bank, Ltd.)
Chairman of Nomination Committee	April 1988	Seconded to Kincheng-Tokyo Finance Company Limited
Chairman of Remuneration Committee	March 1990	Joined Banque Indosuez (now called Credit Agricole Corporate and Investment Bank)
Activities at Board and Committees
Board 100% (13/13)	April 1991	Vice President of Banque Indosuez, Tokyo Branch
Nomination Committee 100% (3/3)	January 2005	Statutory Auditor of ECO-MATERIAL CORPORATION
Remuneration Committee 100% (3/3)	December 2006	Director and CFO of ECO-MATERIAL CORPORATION
Number of Shares Beneficially Owned	February 2012	Representative Director and CFO of ECO-MATERIAL CORPORATION
0	February 2012	Independent Non-executive Director of the Company (present)
Date of Birth
20 March 1958