To whom it may concern:
Company name Seven Bank, Ltd.
December 24, 2025
Representative Masaaki Matsuhashi, President and
Representative Director
(Security code: 8410, Prime Market of the Tokyo Stock Exchange) Ken Shimizu, Managing Executive Officer and
Contact
General Manager of Planning Division
(TEL: 03-3211-3041)
Notice Concerning ITOCHU's Acquisition of Authorization to Become a Major Shareholder of a Bank
The Company hereby announces that ITOCHU Corporation (hereinafter "ITOCHU") has today obtained authorization from the Financial Services Agency, pursuant to Article 52-9, Paragraph 1 of the Banking Act, to become a bank's major shareholders of the Company.
As stated in the timely disclosure titled "Notice Concerning the Capital and Business Alliance with ITOCHU Corporation, Disposal of Treasury Stock through Third-Party Allotment, and Change of Major Shareholders" dated September 26, 2025, the Company entered into an agreement on capital and business alliance with ITOCHU and disposed of treasury stock through an allotment to ITOCHU on October 14, 2025. In the Capital and Business Alliance Agreement, ITOCHU had expressed its intention to acquire additional shares of the Company through market purchases or other transactions until it holds 20% of the Company's voting rights, subject to obtaining the necessary licenses and authorizations from the relevant authorities (including the authorization to be obtained by a bank's major shareholders pursuant to Article 52-9, Paragraph 1 of the Banking Act and other licenses and authorizations under competition law).
End