プロネクサス（7893） – [Delayed]Notice Concerning Business and Capital Alliance with Bridge Consulting Group Inc.

Company name: Name of representative: Takeshi Ueno, President and PRONEXUS INC. May 30, 2022 Inquiries: Representative Director (Securities code: 7893; Prime Market of the Tokyo Stock Exchange) Jun Takamatsu, Executive Officer, General Manager, President’s Office (Tel: +81-3-5777-3145) Notice Concerning Business and Capital Alliance with Bridge Consulting Group Inc. TOKYO, JAPAN, May 30, 2022—PRONEXUS INC. (“PRONEXUS” or the “Company”) hereby announces that it has acquired the shares of Bridge Consulting Group Inc. (the “Bridge Consulting Group”) from its existing shareholders as of today, pursuant to resolution at a meeting of the Company’s Board of Directors held on May 13, 2022. In addition, the Company has entered into a memorandum of understanding regarding a business and capital alliance (the “Alliance”) with Bridge Consulting Group. 1. Background and overview of the Alliance The Company’s primary business is to provide practical support services for corporate disclosure and investor relations (IR) activities. Particularly in the field of disclosure for listed companies, the Company provides support for a wide range of operations that include practical support for IPOs prior to listing as well as post-listing services that involve facilitating continued disclosure, IR activities, and outsourcing with respect to preparation of disclosure documents. Meanwhile, Bridge Consulting Group’s core business is known as “Pro-Sharing Consulting,” which has been centered on certified public accountants. Bridge Consulting Group offers professional services tailored to customer needs particularly in terms of providing comprehensive support for companies seeking to conduct IPOs as well as assistance with financial results disclosure for listed companies, backed by its registry of some 3,000 certified public accountants. For listed companies, which are the customers of both PRONEXUS and Bridge Consulting Group, amid a scenario where the declining birthrate and aging population, work style reforms and the increase in the volume of information required for business activities are occurring at an accelerating pace, securing highly skilled professionals will become the key to achieving growth going forward. Under the Alliance, we will reallocate Bridge Consulting Group’s expert human resources into the optimal positions, aligned with the Company’s customer base and active business needs. In so doing, we aim to address the business challenges of our customers, thereby facilitating growth of capital markets and regional revitalization. Going forward, based on the Alliance, both PRONEXUS and Bridge Consulting Group will draw on one another’s management resources and expertise, focusing mainly on joint proposals for services and joint support for listed companies and companies seeking to conduct IPOs and on joint development of new services. – 1 – 2. Details of capital alliance As of today, the Company has acquired the common shares of Bridge Consulting Group from its existing shareholders through market transactions on the Tokyo Stock Exchange. (1) Number of shares held by the Company before acquisition (2) Number of shares acquired (3) Number of shares held by the Company after acquisition 0 shares (Number of voting rights: 0; Ratio of voting rights: 0.0%) 172,500 shares (Number of voting rights: 1,725; Ratio of voting rights: 9.7%) 172,500 shares (Number of voting rights: 1,725; Ratio of voting rights: 9.7%) (4) Acquisition cost 302 million yen 3. Overview of counterparty to the Alliance (1) Name Bridge Consulting Group Inc. (2) Listing market TOKYO PRO Market (Securities code: 9225) (3) Address (4) Name and title of representative (5) Description of business 7th floor, Edomisaka Mori Building 4-1-40 Toranomon, Minato-ku, Tokyo Ryoichi Miyazaki, Representative Director Pro-Sharing Consulting, a service that helps clients solve management issues using the experience and knowledge of Certified Public Accountant (CPA), and others (6) Share capital 100,000 thousand yen (7) Date of establishment October 25, 2011 (8) Major shareholders and ownership ratios WM Growth Ⅳ Investment Limited Partnership: Ryoichi Miyazaki: GOOD ONE PARTNERS LLC: 29.3% 24.8% 22.6% (9) Relationship between the Company and Bridge Consulting Group Capital relationship Personnel relationship Business relationship (As of April 25, 2022) None None The Company has a business relationship with Bridge Consulting Group regarding IPO practical support, etc. Applicability to related parties None – 2 – (10) Operating results and financial positions of Bridge Consulting Group for the last three years Fiscal year ended September 30, 2019 (Thousands of yen, unless otherwise noted) Fiscal year ended September 30, 2020 Fiscal year ended September 30, 2021 219,521 315,643 141.86 525,575 66,831 56,746 36.67 – [–] 320,835 563,520 80.68 657,095 16,369 10,904 6.98 – [–] 387,262 702,304 121.77 970,270 101,902 66,426 41.09 – [–] (1) Date of resolution at the meeting of the Board of Directors of the Company May 13, 2022 (2) Date of resolution at the meeting of the Board of Directors of Bridge Consulting Group (3) Date of conclusion of the agreement regarding the Alliance (4) Date of execution of share acquisition May 18, 2022 May 18, 2022 May 30, 2022 5. Outlook The Alliance is expected to have an insignificant impact on the Company’s consolidated financial results for the fiscal year ending March 31, 2023. Fiscal year Net assets Total assets Net assets per share (Yen) Net sales Ordinary profit Profit attributable to owners of parent Earnings per share (Yen) Dividend per share [Of which, interim dividend per share] (Yen) 4. Timetable Contact for inquiries Yuji Shimada Sales Development Division, Disclosure Business Division, PRONEXUS INC. Tel: +81-3-5777-3000 – 3 –