ACSL : Notice of Mid-Term Plan “ACSL Accelerate 2022”

January 28, 2022

ACSL Ltd.

Notice of Mid-Term Plan "ACSL Accelerate 2022"

ACSL Ltd. (ACSL) has decided to announce that it has developed a new mid-term plan, "ACSL Accelerate 2022," covering the period from fiscal year ending December 31st, 2022 to fiscal year ending December 31st, 2025.

With a mission of "Liberate Humanity through Technology" and a vision of "Revolutionizing social infrastructure by pursuing cutting-edge robotics technology," ACSL has been developing application-specific drones that can replace and evolve business operations with our proprietary control technology as core technology, and has been providing made-in-Japan secure drones to promote the social implementation of industrial drones.

The environment surrounding Japan's drone market has reached at a major turning point, with the government and major companies beginning to introduce drones on a full-scale basis, and a growing awareness of security leading to a switch to secure domestic drones. In addition, the legal regulations for the amendment of the Civil Aeronautics Act have been approved, and the movement toward the social implementation of drones is steadily progressing.

In order to realize the "Master Plan" for 2030, which was presented in the previous mid-term plan "ACSL Accelerate 2020," ACSL will update "ACSL Accelerate" on a rolling basis in accordance with the progress of our business and the changing business environment. ACSL has developed a set of mid-term plan, goals and key milestones to ensure that all stakeholders involved, both internal and external, focus on common value creation for our clients and continuous corporate value growth.

An overview of this mid-term plan is shown in the Appendix.

Attention

This document is an unofficial translation of the timely disclosure on January 28, 2022 by ACSL and this is for reference purpose only. In case of a discrepancy between the English and Japanese versions, the Japanese original shall prevail.

Potential drone market

Macro environment will accelerate the growth of drone hardware market in Japan,

unlocking a huge potential

Level 4 de-regulation, replacement demand, de-carbonization, regional development all contributing to market expansion