PARCO CO., LTD.

CORPORATE PROFILE 2024

PARCO by the Numbers(As of February 29, 2024)

297 billion

Gross sales*¥666

Employees	Total number of shops
in all PARCO stores (As of March 1, 2024)

Male to female ratio

50:50

 umber of POCKET PARCO
Napp downloads

Ratio of female managers

28.0%

Recycling rate at PARCO stores

Ratio of employees taking childcare leave

16 stores	Number of PARCO stores (As of March 1, 2024)

100.0%

2,258 shops
Approx. 2.33

million downloads* Gross sales are tenant transaction volume at PARCO stores plus entertainment business sales and real estate leasing income.

AwardsShibuya PARCO received a special 50th
Anniversary Award at the Japan SC Awards
Shibuya PARCO received the Fighting SpiritAward at the Senken Shimbun Developer Awards

73.5%

The “Happy Holidays” generative AI ad campaign
won an Excellence Prize at the Digital Contentsof the Year ’23/29th AMD Awards

Shibuya PARCO and Hulic Building won a BCS
Award at the Japan Federation of Construction
Contractors Awards 2023
- 20 -

PARCO received a GOLD rating in the PRIDEIndex, which evaluates LGBTQ+ initiatives,
for the third consecutive year

PARCO CO., LTD.

CORPORATE PROFILE 2024

About the PARCO Grouphttps://www.parco.co.jp/en/about/group/

The PARCO Group centers on PARCO CO., LTD. and includes PARCO SPACE SYSTEMS CO., LTD., which creates space and manages facilities, PARCO Digital Marketing CO., LTD., which provides

solutions that enhance the customer experience in real and digital space and business improvements for commercial facilities and a diverse range of other companies, and PARCO (Singapore)
Pte Ltd, which develops shopping complexes in Asia, creates software content, produces restaurant projects, and provides consulting services for commercial facilities.

PARCO SPACE SYSTEMS CO., LTD.

PARCO Digital Marketing CO., LTD.

PARCO (Singapore) Pte Ltd

Art space that handles all design,construction and installation

Produced XR Aquarium, AR content in outdoor space

Producing commercial operations and eventsin Singapore through “food”

SHUTL

XR Aquarium at the Matsuzakaya Shizuoka Store

itadakimasu by PARCO (Singapore)

PARCO SPACE SYSTEMS handled all construction and installation andcapsule installation for SHUTL, which opened in Higashi-Ginza in October
2023. SHUTL, which is managed by Shochiku Co., Ltd., is a laboratory-likeart space that utilizes two capsules from Nakagin Capsule Tower
designed by the architect Kisho Kurokawa, which was torn down in
2022, to connect traditional and modern in new ways.

PARCO Digital Marketing, which provides ways to enhance the customer
experience in real and digital spaces and solutions that improve business,started an XR consulting service in 2023 and provided a new customer
experience at real stores, including the XR Aquarium at Matsuzakaya
Shizuoka Store. It has installed more than 1,000 digital signs at commercial facilities. From retail media planning to online marketing, the company provides support for over 450 commercial facilities.

PARCO (Singapore) held special events on Japanese food and culture in
Singapore in April and June 2023 to commemorate the ten-year anniversary of Japanese food being named UNESCO Intangible Cultural Heritage
through itadakimasu by PARCO, a Japanese restaurant zone managed
locally. Going forward, based on itadakimasu by PARCO, we will provide
a more enriching way of life in Singapore through food.

- 21 -

www.parco.com.sg

PARCO CO., LTD.

CORPORATE PROFILE 2024

As a Member of the J. Front Retailing GroupPARCO is one of the core members of the J. Front Retailing Group and through collaboration in promotions with Daimaru Matsuzakaya Department Stores, in building and development withJ. Front City Development, and in customer relations management with JFR Card, we are not only developing business on our own but also helping to raise the corporate value of the Group.

Reorganization within J. Front Retailing GroupAs a result of reorganization within the Group, with a scheduled effective date of August 27, 2024, PARCO will provide a dividend in kind on shares in PARCO SPACE SYSTEMS to J. FRONT RETAILING and through this, PARCO SPACESYSTEMS will become a subsidiary of J. FRONT RETAILING. The company will no longer be a wholly owned subsidiary of PARCO, but the business alliance with PARCO will continue as it is and the J. Front Retailing Group will increase
its specialization and demonstrate its strength as a space creation and facilities management company.

J. Front Retailing GroupPARCO

J. FRONT RETAILING

PARCO Business (Stores)
Coordinate

PARCO Business (Content)

https://www.j-front-retailing.com/english/

Daimaru Matsuzakaya Department Stores

Coordinate

PARCO SPACE SYSTEMSStore, facility operations and space creation

PARCO Digital Marketing

Website production and DX support for stores

PARCO (Singapore)Content and food and beverage projects in Asia

PARCO Group- 22 -J. Front City Development
Coordinate

Subsidiary of J. FRONT RETAILING as of August 27, 2024
(planned)

PARCO CO., LTD.

CORPORATE PROFILE 2024

About PARCO
Corporate Profile (As of February 29, 2024)
https://www.parco.co.jp/en/about/

Corporate History
https://www.parco.co.jp/en/about/history/

Company NamePARCO CO., LTD.

1953

Feb.

Established Ikebukuro Station Building Co., Ltd.

2002

Apr.

Opened Shibuya ZERO GATE

Headquarters

1-28-2 Minami-Ikebukuro, Toshima-ku,
Tokyo 171-0022, Japan

1954

Oct.

2005

Feb.

Opened Pedi SHIODOMEHead Office

Shibuya First Place Bldg. 8-16 Shinsen-cho,Shibuya-ku, Tokyo 150-0045, Japan

With the capital participation of Marubutsu Co., Ltd.,the company shifted operations from the management of
the Ikebukuro Station Building to the operation ofdepartment stores

2007

Mar.

Opened Shizuoka PARCO

Oct.

Opened Urawa PARCO

2008

Aug.

Opened Sendai PARCO

2010

Mar.

Opened Fukuoka PARCO

FoundedFebruary 13, 1953

1957

May

Changed company name to Tokyo Marubutsu Co., Ltd.

Dec

Started operation of department store under the nameTokyo Marubutsu

Paid-in Capital¥34,367 million

Parent Company

J. FRONT RETAILING Co., Ltd.

1969

Nov.

Opened Ikebukuro PARCO

2017

Nov.

Opened PARCO_ya Ueno

Employees

666 <male 335, female 331>

1970

Apr.

Changed company name to PARCO CO., LTD.

2019

Mar.

Opened Kinshicho PARCO

1973

Jun.

Opened Shibuya PARCO

Jun.

Opened SAN-A Urasoe West Coast PARCO CITY

1975

Aug.

Opened Sapporo PARCO

Nov.

Opened the new Shibuya PARCO

1980

Sept.

Opened Kichijoji PARCO

Mar.

1984

Aug.

Opened Matsumoto PARCO

Became wholly owned subsidiary ofJ. FRONT RETAILING Co., Ltd.

1988

Aug.

Stock listed on the 1st Section of the Tokyo Stock Exchange

1989

May

Opened Chofu PARCO

Jun.

Opened Nagoya PARCO

1993

Oct.

Opened Hibarigaoka PARCO

1994

Apr.

Opened Hiroshima PARCO

Organization Chart
https://www.parco.co.jp/en/about/organization/- 23 -2020

Delisted from Tokyo Stock Exchange

2023

Sept.

Real estate business (excluding some portions)transferred from Daimaru Matsuzakaya Department
Stores Co., Ltd.

Nov.

Opened Shinsaibashi PARCOMar.

Development business (excluding some portions)transferred to J. Front City Development Co., Ltd.

www.parco.co.jp/en/