At the Board of Director meeting held today, Dear Life Corporation Ltd. (Headquarters: Bangkok, Thailand; Representative Director: Koichiro Ando; hereinafter " DL Holdings Co., Ltd. (head office: Chiyoda-ku, Tokyo; hereinafter referred to as DLH), the parent company of DL Holdings Co., Ltd.; Conducting a simplified share exchange (hereinafter referred to as the “Share Exchange”) to make the Company a wholly-owned subsidiary, establishing a new Thai corporation (hereinafter referred to as “GAT A Company”) with GAT A as its parent company, and establishing a new Thai corporation (hereinafter referred to as “GAT A”) with GAT A (Hereinafter referred to as "GAT B Company"), the transfer of business from DLC (hereinafter referred to as "this business transfer") to take over GAT B (hereafter, the Share Exchange and this business transfer are collectively We hereby announce that we have resolved to implement this integration and have signed related agreements as follows.

As a first step in business development in the Southeast Asian region, we will take advantage of Deer Life's strong points of contact with customers and real estate owners to bring the RENOSY marketplace business and Itanji/DX business, which are in the phase of expanding our share in Japan, to the Thai market. We will expand in. In addition, we are looking to introduce Thai real estate to investors in Greater China through RENOSY Marketplace and Shenjumiaosuan Service*2. In addition, we plan to provide Deer Life customers with services (cross-selling) of existing businesses in Japan.

*1: DLH research