Securities Report (Domestic Investment Trust Beneficiary Certificates) - 8th Period (2025/04/25–2026/04/24)

SBI Okasan Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 8th Period (2025/04/25–2026/04/24)

This report is submitted pursuant to Article 24 of the Financial Instruments and Exchange Act as a securities report concerning domestic investment trust beneficiary certificates. The reporting period covers the 8th fiscal period from April 25, 2025 to April 24, 2026.

Established through a collaboration between SBI Holdings, Inc. and Okasan Securities Co., Ltd., our company operates as an asset management firm providing a wide range of investment trust products to individual and institutional investors. This report details financial conditions, investment performance, risk factors, management policies, and other significant matters during the reporting period.

Financial conditions are disclosed, including net asset value, revenue structure, and expense composition. Investment performance is analyzed in detail, including fund returns, benchmark comparisons, and risk metrics. Additionally, risk factors that investors should consider—such as market volatility, interest rate movements, foreign exchange risk, and credit risk—are systematically presented.

Our management remains committed to maintaining high transparency in disclosure and prioritizing investor protection. This report serves as a critical document for investment decision-making and is provided for the reference of investors and stakeholders.