February 8, 2022

Yoshikazu Fujikawa

President and Representative Director, CEO

Solasto Corporation

(Securities Code: 6197 TSE First Section)

Notice Concerning the Conclusion of a special overdraft agreement

with Sumitomo Mitsui Banking Corporation

Solasto Corporation (TSE: 6197, "the Company") hereby announces that its Board of Directors at their meeting today resolved to enter into a special overdraft agreement ("the Agreement") with Sumitomo Mitsui Banking Corporation ("SMBC"). Details are as follows.

1. Reason for the Agreement

The Company has made the proactive execution of M&A and careful PMI, Post Merger Integration, as a pillar of its growth strategy. Consequently, in the Elderly Care Business, the Company has conducted 48 M&A transactions since 2016, and in the Child Care Business, the Company has been proactively conducting M&A transactions, as disclosed in the " Notice Concerning the Acquisition of Shares of Cocoro Care Plan Corporation, a Child Care Service Provider" on January 12, 2022.

The reason for the agreement is to implement stable financing in order to continue to promote M&A in a flexible manner.

2. Outline of the Agreement

1)

Agreement type:

Special Overdraft Agreement

2)

Agreement amount:

10 billion yen

3)

Agreement:

February 9, 2022

  1. Executable period: From February 25 to August 31, 2022
  2. Purpose of capital: As capital for M&A transactions

6)

Loan period:

For each project, within the feasible period from the loan

execution date

7)

Repayment method: Batch repayment on due date

8)

Contract holder:

Solasto Corporation

9)

Lender:

Sumitomo Mitsui Banking Corporation

This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document, the Japanese original shall prevail．

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3. Outlook

This agreement is to establish a facility for the purpose of conducting M&A. The Company does not intend to execute the loan at this time. If any matter arises that should be disclosed, the Company will announce it promptly.

Investor Relations Office

ir@solasto.co.jp

This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document, the Japanese original shall prevail．

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Solasto Corporation published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 06:21:20 UTC.