JAFCO : Notice Regarding Investment in Max Engineering Co., Ltd.

JAFCO Group Co., Ltd. (Headquarters: Minato-ku, Tokyo; President & CEO: Keisuke Miyoshi) hereby announces that it has invested in Max Engineering Inc. (Headquarters: Minato-ku, Tokyo; Representative Director: Hideo Sawada; hereafter referred to as "Max Tokyo") and Max Engineering Inc. (Headquarters: Chuo-ku, Osaka; Representative Director: Hideo Sawada; hereafter referred to as "Max Osaka"; Max Tokyo and Max Osaka are hereafter collectively referred to as "Max") as a strategic partner through funds it manages (JAFCO BO7 Investment Limited Partnership and JAFCO SV7-S Investment Limited Partnership; hereafter collectively referred to as "JAFCO").

As a "land concierge" in effective land utilization, Max has provided comprehensive solutions ranging from soil investigation and consulting to soil contamination countermeasure construction. The company also offers a unique cost cap guarantee service that mitigates risks by covering soil contamination remediation costs.

Going forward, in order to accelerate the realization of Max's mission, JAFCO will support the company's sustainable growth by leveraging its accumulated management support know-how, its extensive corporate and human resource network, and collaboration with cutting-edge technologies and services developed by portfolio companies. Together, Max and JAFCO aim to accurately identify customer needs and provide effective solutions so that Max can lead the industry as a pioneering company while shaping the future.

Company name Max Engineering Inc.

Website https://www.max-en.com/ (in Japanese only) Headquarters 5-3-2 Toranomon, Minato-ku, Tokyo

Business description Soil (groundwater) investigation and consulting, soil (groundwater) remediation work [building demolition work included]

Company name Max Engineering Inc.

Website https://www.max-en.com/ (in Japanese only) Headquarters 2-4-10 Kawaramachi, Chuo-ku, Osaka

Business description Soil (groundwater) investigation and consulting, soil (groundwater) remediation work [building demolition work included]

Company name JAFCO Group Co., Ltd.

Website https://www.jafco.co.jp/english

Headquarters 24F Toranomon Hills Mori Tower, 1-23-1 Toranomon, Minato-ku, Tokyo Business description Venture capital firm with the largest cumulative portfolio in Japan, supporting over

1,000 IPOs. Also has experiences of over 20 years in buyout investment.