Seiyu Provides Guarantee to Subsidiary for Overseas Fund Raising

1. Date of Fact: August 7, 2024 2. Guaranteed Party: (1) Company Name: BEST ELITE HOLDINGS LIMITED (2) Relationship with the Guaranteeing Company: An indirectly wholly-owned subsidiary of the company (3) Guarantee Limit (in thousands): 5,189,465 (4) Original Guarantee Balance (in thousands): 1,292,400 (5) New Guarantee Amount This Time (in thousands): 1,227,780 (6) Guarantee Balance as of Date of Fact (in thousands): 2,520,180 (7) Actual Amount Drawn by the Guaranteed Company (in thousands): 426,492 (8) Reason for New Guarantee This Time: Overseas fund raising 3. Collateral Provided by the Guaranteed Company: (1) Content: None (2) Value (in thousands): 0 4. Latest Financial Statements of the Guaranteed Company: (1) Capital (in thousands): 1,792,597 (2) Accumulated Profit and Loss (in thousands): 5,733,724 5. Release of Guarantee Liability: (1) Conditions: Expiration of the bank credit limit of the guaranteed company and debt repayment (2) Date: Expiration of the bank credit limit of the guaranteed company and debt repayment 6. Total Guarantee Limit (in thousands): 10,378,930 7. Guarantee Balance as of Date of Fact (in thousands): 2,550,180 8. As of Date of Fact, the Guarantee Balance Provided by A as a Percentage of the Latest Net Worth of the Publicly Issued Company: 24.57 9. As of Date of Fact, the Total Amount of Guarantees, Long-term Investments, and Loans as a Percentage of the Latest Net Worth of the Publicly Issued Company: 63.34 10. Other Matters to be Stated: None