May 9, 2024
DG Financial Technology, Inc.
au Financial Service Corporation

NEWS RELEASEDG Financial Technology and au Financial Service Form aBusiness Alliance for Collaboration in the Payment Business-DG Financial Technology, Inc. (DGFT), a subsidiary of Digital Garage, Inc., and au Financial Service
Corporation (au Financial Service) entered into a business alliance agreement on May 8, 2024, tocollaborate in the payment business.

■Purpose of the business allianceCashless payments, such as credit card and QR code payments, accounted for 39.3% of total Japanese consumption
in 2023, hitting a record high, and the size of the market surpassed 126 trillion yen. The “Cashless Vision” drawn up
by the Ministry of Economy, Trade and Industry (METI) in 2018, with its policy of targeting a cashless ratio of 80%,
one of the highest in the world, is expected to lead to continued market growth in the years ahead.
DGFT is an infrastructure company that plays a vital role in the cashless market, with 1.08 million merchants offering
the system, 6.2 trillion yen in payment transaction volume, and 1.18 billion transactions per year. With the group
strategy “DG FinTech Shift,” DGFT aims to achieve the early achievement of its Medium-term Plan by accelerating
collaboration with various strategic partners while contributing to creating a safe, secure, and convenient cashlesssociety.
au Financial Service is developing its business based on a unique credit extension model that multiplies a wide range ofdata owned by the KDDI Group, and the “au PAY Card” has been applied by 9.2 million members. Also, KDDI isexpanding its business domain to support its cashless operations, including a payment service provider business thatmanages all credit card payments for the KDDI Groupʼs data communications charges and other transactions.
Through this alliance, DGFT and au Financial Service will combine the mutual business resources, knowledge, andfunctions in the payment domain to provide high-quality payment services in the au economic territory. Furthermore,
DGFT and au Financial Service aim to expand market share and improve industry positioning in the growing cashlessmarket by developing a one-stop payment service through co-creation collaboration.

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

May 9, 2024
DG Financial Technology, Inc.
au Financial Service Corporation

NEWS RELEASE■About DG Financial Technology, Inc.
DGFT provides a various cashless payment solution such as credit card, QR code, and others to more than 1 million
online and offline locations of merchants across Japan. In addition to the payment service provider business, DGFT
also provide e-commerce infrastructure, marketing tools, fraud detection solutions, and other services in collaboration
with the DG Group and strategic partners to support various businesses in their efforts to go cashless and promote DX.
Name

DG Financial Technology, Inc.

Head office address

DG Bldg. 3-5-7 Ebisu Minami, Shibuya-ku, Tokyo

Date foundedApril 1997

Representative

Representative Director, President and Co-COO, Executive Officer and SEVP
Hiroshi Shino

Business

Payment information processing services, payment collection agency services, moneytransfer services

Websitehttps://www.dgft.jp/■About au Financial Service Corporation
au Financial Service is driving the “Smart Money Project” to make payment and financial services more accessible tocustomers through smartphones, which are now essential in our daily lives. As the company that offers the mostaccessible services to our customers, we will continue to create new experiential value by promoting digital finance andsupporting the fulfilling lifestyles of our customers.
Nameau Financial Service Corporation

Head office address

2-3-1 Nishi-Shinbashi, Minato-ku, Tokyo

Date founded

February 2014

Representative

Chief Executive Officer Atsushi Nagano

Business

Credit card business, payment service provider business, loan business, acquiring business,bank agency business, non-life insurance agency business

Websitehttps://www.kddi-fs.com/

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp