Tranche Update on Ichiyoshi Securities Co., Ltd.'s Equity Buyback Plan announced on March 9, 2023.

Ichiyoshi Securities Co., Ltd. is a Japan-based securities company that provides investment and other financial services. The Company is primarily engaged in the purchase, placement, underwriting, offering and agency brokerage of securities, as well as the private offering of securities, among others. Through its subsidiaries, it is involved in the stock-related research and information collection business for small- and medium-sized corporations, the asset management business, the provision of clerical work services and others. The Company is also engaged in the leasing, brokerage and management of real estate and the sale of office supplies, among others.