Notice Concerning Matters Relating to Controlling Shareholders

May 8, 2026

Seven Bank, Ltd.

Seven Bank, Ltd. (Seven Bank, or the Bank) today announced details concerning matters relating to controlling shareholders in connection with its other affiliated companies.

1. Names and relevant items of the parent company, controlling shareholders (excluding the parent company) and other affiliated companies

   (As of March 31, 2026)

   Names	Classification	Percentage of Voting Rights Held (%)			Financial Instruments Exchanges Where Issued Share Certificates Are Publicly Listed
   		Directly Held	Aggregate Portion	Total
   Seven & i Holdings Co., Ltd.	Other Affiliated Company	0.00	（33.40）	（33.40）	Prime Market Tokyo Stock Exchange
   Seven-Eleven Japan Co., Ltd.	Other Affiliated Company	33.40	0.00	33.40	None
   ITOCHU Corporation	Other Affiliated Company	20.43	0.00	20.43	Prime Market Tokyo Stock Exchange

   Note: Figures in parentheses represent the percentage of indirect voting rights held.

2. Name of the company in the parent company, controlling shareholders (excluding the parent company) or other affiliated companies that is considered to have the most influence over the Bank and the underlying reasons for that influence

   Name: Seven & i Holdings Co., Ltd.

   Reasons: Seven & i Holdings Co., Ltd. is the pure holding company which owns Seven-Eleven Japan Co., Ltd. The Bank maintains 81.2% of its ATM network at stores owned/operated by Seven-Eleven Japan Co. Ltd.

3. The relationships between the listed company and the parent company, etc. such as the position in the corporate group of the parent company, etc.

   Seven & i Holdings Co., Ltd. is the Bank's other affiliated company and indirectly holds 33.40% of Seven Bank's voting rights. The Bank maintains ATMs at stores owned/operated by Seven-Eleven Japan Co., Ltd., which is a consolidated subsidiary of the Seven & i Holdings, and provides its customers with financial services.

   Additionally, ITOCHU Corporation is the Bank's other affiliated company and directly holds 20.43% of Seven Bank's voting rights. The Bank is scheduled to install ATMs at stores owned/operated by FamilyMart Co., Ltd., which is a consolidated subsidiary of ITOCHU Corporation, and to provide its customers with financial services.

   Seven Bank pushes forward business activities after independently considering and determining wide-ranging policies and measures encompassing business strategy, personnel, and capital. From the perspective of protecting minority shareholders, the Bank also appoints external directors and corporate auditors, who maintain a strict degree of independence and ensure that no vested interests arise with general shareholders (the Bank maintained seven independent directors and corporate auditors as of March 31, 2026).

   (The Status of Concurrent Directors)

   (As of March 31, 2026)

   Position	Name	Position with the Parent Company or Other Group Company	Reasons for Appointment
   Director	Tsuyoshi Kobayashi	Chairman and Representative Director Seven Financial Service Co., Ltd.	Appointment at the request of the Bank aimed at utilizing his experience of Group management

   Note: Of the Bank's eight directors and four statutory auditors, one director holds the concurrent position of director with the parent company, etc.

   (The Status of Personnel Dispatched to and Accepted by the Bank)

   (As of March 31, 2026)

   Department Name	Number of Persons	Name of the Parent Company or Other Group Company of the Dispatching Party	Reasons for Accepting the Dispatch of Personnel
   Planning Division	2	Seven & i Holdings Co., Ltd. Seven-Eleven Japan Co., Ltd.	Request by the Bank to facilitate smooth communications
   ATM Platform Promotion Division	1	Seven-Eleven Japan Co., Ltd.	Request by the Bank to facilitate smooth communications

   ATM Operations Management Division	1	Seven-Eleven Japan Co., Ltd.	Request by the Bank to facilitate smooth communications
   Retail Strategy Design Division	1	Seven-Eleven Japan Co., Ltd.	Request by the Bank to facilitate smooth communications
   Brand Communication Division	1	Seven-Eleven Japan Co., Ltd.	Request by the Bank to facilitate smooth communications

   Note: The number of the Bank's employees totaled 715 as of March 31, 2026.

4. Matters relating to transactions with controlling shareholders and other parties

The Bank's mainstay activity involves ATM operations. These ATMs are primarily maintained in convenience stores. The Bank pays an ATM installation and management fee as compensation for the installation of ATMs and contract management services. The terms and conditions of this transactional relationship are determined after taking into consideration the value of administrative duties under the contract and the burden associated with installation, including infrastructure development costs. Payment terms and conditions for ATMs installed outside convenience stores are also taken into consideration to determine rational payment criteria.

The Business Period under Review (April 1, 2025 to March 31, 2026)

Notes: 1. Consumption taxes are not included in transaction amounts. Period-end balances on the other hand are inclusive of consumption taxes.

2. The acquisition of the treasury stock was conducted on June 24, 2025 through the Tokyo Stock Exchange off-auction own share repurchase trading system, based on the resolution of the Board of Directors meeting held on June 19, 2025. The transaction amount is based on the closing price on June 19, 2025 (including the final special quotation).

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