Notice Regarding Change in Equity-Method Affiliate (Share Transfer)

E・J Holdings Inc. (the “Company”) hereby announces that it has resolved to transfer all shares of ENZAN KOBO Co., Ltd. (“ENZAN KOBO”), an equity-method affiliate of the Company, to Kajima Corporation (“Kajima”) (the “Share Transfer”). As a result of the Share Transfer, ENZAN KOBO will cease to be an equity-method affiliate of the Company. 1. Reason for Share Transfer The Group has built a long-sta