Securities Report (Domestic Investment Trust Beneficiary Certificates) - 25th Period (May 16, 2025 – May 15, 2026)

Hitachi Investment Advisors Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 25th Period (May 16, 2025 – May 15, 2026)

This report is submitted to investors of domestic investment trust beneficiary certificates pursuant to Article 24 of Japan's Financial Instruments and Exchange Act.

The investment trust aims to achieve capital growth and income generation through investments in equities, bonds, and other securities. Hitachi Investment Advisors Co., Ltd. manages the trust with a focus on robust risk management and timely information disclosure.

The 25th reporting period spans one year from May 16, 2025, to May 15, 2026. Below are disclosed the investment performance, financial condition, risk factors, management challenges, and strategic responses during this period.

[Financial Overview] - Total Assets: Not disclosed (refer to full report) - Net Asset Value: Expected to remain stable compared to the previous year - Distributions: Scheduled once per year

[Investment Strategy] While monitoring global economic conditions, the trust will optimize its portfolio from a medium- to long-term perspective. Particular emphasis will be placed on sustainable investing, incorporating environmental, social, and governance (ESG) criteria.

[Risk Factors] - Equity market volatility risk - Bond price decline risk due to interest rate fluctuations - Foreign exchange risk associated with foreign currency-denominated assets - Regulatory and tax changes risk

[Contact Information] Investment Trust Division, Hitachi Investment Advisors Co., Ltd. Phone: +81-3-1234-5678 (Weekdays 9:00–17:30) Email: [email protected]

The complete report is available on the Financial Services Agency’s EDINET system and the company’s official website.