Shilla HD Completes Payment for Acquisition of Land for Development of Properties for Sale

Shilla Co., Ltd. (hereinafter referred to as "Shilla"), a consolidated subsidiary of Shilla Holdings Corporation (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter referred to as "the Company"), announces that it has completed the payment for the acquisition of the following land for the development of properties for sale. Development Plan Overview Location Futaba, Shinagawa-ku, Tokyo Purpose Land and condominium Site Area 568.96 m² (registered) Total Floor Area 1,314.06 m² (planned) Structure Reinforced concrete, flat roof, 5 stories above ground

This property was acquired for the construction and sale of new condominiums. The Shimo-shinmei area, where this property is located, has multiple stations within walking distance. It is also an extremely comfortable residential area where a quiet residential neighborhood and abundant parks coexist, while also being the center of Shinagawa Ward's functions. The Company will continue to actively promote development projects in areas where future asset value is expected to increase, in order to support the asset building of our customers.

For details, please check our company website. https://syla-holdings.jp/ir/investor_relations/ Future Outlook The contribution to earnings from the acquisition of this development land is expected to be from the fiscal year ending May 2028 onwards. Shilla Holdings Corporation Company Profile Headquarters: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo Representative Director and Chairman, Group Executive Officer, CEO: Hiroyuki Sugimoto Founded: September 1970 Capital: 2,363 million yen Business Activities: Comprehensive real estate business, construction business, renewable energy business, real estate tech business HP: https://syla-holdings.jp

[Inquiries Regarding This Matter] Shilla Holdings Corporation Contact: Kubota, Corporate Communications Department