August 6, 2024

Company Name: HEROZ, Inc.
Names of Presidents:
Takahiro Hayashi,
Chief Executive Officer
Stock Code: 4382
Contact: Hiroya Mori,
Chief Financial Officer(Telephone: +81-3-6435-2495)

Notice: This document is an excerpt translation of the original Japanese document and is only for reference
purposes. In the event of any discrepancy between this translated document and the original Japanese document,
the latter shall prevail.

Notice of Acquisition of Business by subsidiary company

HEROZ, Inc. (the “Company”) hereby announces that at today's Board of Directors meeting, it wasresolved that VOIQ, Inc. (hereinafter referred to as "VOIQ"), the Company’s subsidiary company, will
acquire the sales consulting and telemarketing business (hereinafter referred to as "the Business") of bizy
Co. (hereinafter referred to as "bizy").
Although this matter does not fall under the standards for timely disclosure set forth by the Tokyo Stock
Exchange, we are voluntarily disclosing this information because we believe it is useful.

1.

Reason for Business Acquisition
In the announcement of financial results for the fiscal year ending April 30, 2024, the Companygroup stated "AI BPaaS" as its new group strategy "HEROZ 3.0", mainly targeting the BPO market,and aiming to go further from the conventional method of widely providing AI as a tool for business
operations to providing work that is completely automated by Generative AI to take over the work
(work) performed by humans. By promoting "AI BPaaS", we hope to realize the future in whichpeople and AI can co-create as a matter of course, and people can focus on essential activities,
decision-making, etc. (we define this as the "AI revolution" that should be realized in the era of theprosperity of Generative AI).
Based on the vision of "finding the existence value of every person and company," bizy isdeveloping sales consulting and telemarketing businesses with the aim of solving sales activity
issues and creating opportunities to connect companies with companies and people with people.
In line with our "AI BPaaS" strategy, our group has decided to transfer the business to VOIQ, awholly-owned subsidiary established in July 2024, with the aim of promoting AI revolution and AI
Transformation (AIX) in the sales and contact center domains.
Through this business transfer, we aim to fully leverage our group's AI-related technologies in thesales and contact center domains to address various challenges. Additionally, by creating a world
automated by AI, we envision a future where people can focus on activities such as building sales
connections, deepening relationships, and making decisions. We are committed to driving an AI
revolution to bring this vision to life.

2.

Outline of Business Acquisition(1) Details of business transfer(2) Assets and liabilities of the business(3) Transfer price and method of settlement

Sales Consulting Business
Telemarketing Business
There were no changes in assets and liabilities asshown on the balance sheet.
40,000 thousand yen
The transaction will be settled in cash on thescheduled date of business acquisition.

*There will be no change in assets and liabilities on the balance sheet as a result of this business
transfer,but we will acquire all business operations from bizy.
A summary of bizy's most recent operating results (for the fiscal year ending March 31, 2024) is asfollows.
Sales 52,211 thousand yen
Operating income 11,971 thousand yen3.

Outline of the counterparty to the business transfer(1) Name(2) Location(3) Title and name of president(4) Business(5) Capital(6) Date of establishment(7) Total assets(8) Net assets(9) Major shareholders and shareholding ratios(10) Relationship between the listed company and therelevant company

bizy Corporation
3-1-35 Motoazabu, Minato-ku, Tokyo
VORT Motoazabu 5th floor
President Director Megumi Takada
Sales Consulting Business
Telemarketing Business
1,000 thousand yenApril 2016
10,415 thousand yen *△49,676 thousand yen *Megumi Takada 50.0
RAHK Research Institute, Inc. 50.0
capital ties
Not applicable.
personalNot applicable.
relationsbusiness
Not applicable.
relations*There is no change in assets and liabilities on the balance sheet as a result of this business transfer.

4.

Outline of the Subsidiary(1) Name(2) Location(3) Title and name of president(4) Business(5) Capital(6) Date of establishment(7) Major shareholders and shareholding ratios

VOIQ Corporation
PMO Tamachi, 31-17, Shiba 5-chome, Minato-ku,TokyoPresident Hiroya Mori *AI-based sales support business and contact centerbusiness
500 thousand yenJuly 2024
HEROZ, Inc. 100.0*Regarding president, it is planned to change to Megumi Takada, the current president of bizy,

5.

Schedule of Business Acquisition(1) Date of resolution by the Board of Directors(2) Date of conclusion of business acquisition
agreement(3) Scheduled date of business acquisition

6.

August 6, 2024
August 6, 2024
August 9, 2024 (scheduled)

Future outlook
We believe that this business acquisition will contribute to our business growth and performance
improvement in the mid- to long-term, but we expect that the impact on our consolidated businessresults for the fiscal year ending April 30, 2025 will be negligible. We will promptly announce any
matters that need to be disclosed regarding the impact on our business performance.