DISCLOSURE POLICY

1. Basic Disclosure Policy

   To deliver stable business growth and create long-term value for all our stakeholders, we need our shareholders, investors, and other stakeholders to trust us, understand our business, and appraise the value of our organization accurately. To that end, we commit to timely and fair disclosures in accordance with the fair disclosure rules set forth in the Financial Instruments and Exchange Act.

2. Method of Disclosure

   We disclose material information (information that could affect an investment decision) on two channels. The first is the Timely Disclosure network (TDnet), a disclosure channel designated by the financial instruments exchange. The second is the Electronics Disclosure for Investors’ NETwork (EDINET), an online repository for annual securities reports and similar filings provided for in the Financial Instruments and Exchange Act. After disclosing on these channels, we immediately upload the information to our website.
   Even if the information in question is not subject to the timely disclosure rules, we will still disclose it as appropriate in a timely, accurate, and fair manner, in keeping with the spirit of timely disclosure.

3. Forward-looking Statements

   Our disclosures sometimes include performance forecasts, projections, and other forward-looking statements. Such statements are assumptions about the future that we considered reasonable at the time in view of information that was available then. No forward-looking statement constitutes a guarantee of future performance. Actual performance depends upon a myriad of risks and uncertainties, and could therefore differ markedly from what the forward-looking statements state or imply.

4. Blackout Period

   To ensure that our quarterly or annual financial results are disclosed fairly and not leaked to certain parties in advance, we observe a blackout period lasting from the close of the period in question to the day when the earnings for that period are announced. During the blackout period, we refrain from commenting on or answering questions about our financial results. However, if financial results deviate from forecasts to the extent that the deviation requires disclosure under the timely disclosure rules, we will disclose the information promptly even if the blackout is still in effect.

5. Market Manipulation

   We refrain from commenting on cases of market manipulation (schemes that artificially inflate or deflate the price of a security).
   However, if we deem that inaction would severely harm our organization, we will identify what is causing the market manipulation and take the necessary action without delay.

Enacted: September 25, 2020
Revised: October 1, 2024
Yohei OnishiChief Executive Officer
I-ne Co., Ltd.