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Investor Relations

To Our Shareholders

We would like to express our deepest and sincerest apologies to all our shareholders, investors, and other related parties for any inconvenience and the significant concerns resulting from the investigation by the Securities and Exchange Surveillance Commission (SESC) on suspicion of insider trading by an employee of one of the Company’s subsidiaries.

Since an incident of insider trading involving a former executive of the Company occurred in 2022, the Group has undertaken initiatives to strengthen its overall management framework. In particular, to prevent insider trading, we have implemented measures such as a general prohibition on the trading of individual stocks by all officers and employees of the Group, individual interviews with employees conducted by the director in charge of the Administration Department and the general manager of the Compliance Office, and continuous compliance education and training with a primary focus on insider trading. Through these efforts, we have been working to prevent the recurrence of insider trading.

Despite these initiatives and the Group’s collective efforts to restore trust among the clients and stakeholders, it is truly regrettable that the employee of our subsidiary is currently under investigation. While re-examining the management framework and initiatives for preventing insider trading internally, the Group will reinforce ongoing measures and ensure even stricter implementation. At the Annual General Meeting of Shareholders held on June 17, 2025, we appointed two new outside directors. (The ratio of independent outside directors on the Board of Directors is 66%.) Under this new corporate governance structure, we will continue strengthening the management framework and thoroughly discuss and implement effective measures to prevent a recurrence.

At present, the SESC is still conducting an investigation, including into whether there has been any violation of insider trading regulations. We will continue to fully cooperate with the SESC’s investigation, and should any matters requiring disclosure come to light as the investigation progresses, we will promptly make the necessary disclosures.

We are sincerely grateful for the continued generous support of our shareholders.

IR Japan Holdings, Ltd. Representative Director, President and Chief Executive Officer Shirou Terashita

Shirou Terashita

Representative Director,
President and Chief Executive Officer

IR Japan Holdings, Ltd.