News Release<To all members of the press＞

28 February 2023
SPRIX Inc.

Republic of Indonesia Business cooperation agreement
signed with South Tangerang Education and CultureDepartment.
~ TOFAS to be introduced in all primary and secondary schools in the region
Sprix Inc. (Head office: Toshima-ku, Tokyo; President: Hiroyuki Tsuneishi;
hereinafter referred to as 'SPRIX') has signed a business cooperation agreementwith the Doinas Pendidikan dan Kebudayaan Kota Tangerang Selatan (SouthTangerang Education and Culture Department), Republic of Indonesia. Under thisagreement, SPRIX will earnestly introduce their Test of Fundamental AcademicSkills (TOFAS) to the South Tangerang Department of Education and Culture, withthe aim of implementing the test in more than 400 schools in all public and private
primary and secondary schools. The South Tangerang Department of Education andCulture, who is aware of the challenges children face in basic academic skills,
especially in calculation, will work with SPRIX to solve them, starting with thecorrect assessment of academic skills through TOFAS.

1.1 Background to the introduction of TOFASIn March 2021, SPRIX launched the International Test of Fundamental Academic Skills(TOFAS), that assesses basic academic skills. TOFAS has struck a chord in countries
around the world, with around 300,000 test takers in 32 countries to date, and thenumber of test takers growing at an accelerated rate.
Meanwhile, in South Tangerang, several issues emerged from the results of the NationalAchievement Test conducted in Indonesia in 2022. TOFAS was then implemented in someof the schools from October 2022 with the aim of achieving a concrete solution forcalculation skills. Based on the confirmed usefulness of the system, a business
partnership agreement was concluded to introduce TOFAS in all primary and junior highschools in the region. Starting with 157 public primary schools, the implementation will
be gradually expanded to contribute to improving the computational skills of students inSouth Tangerang.

2. The conclusion of a business cooperation agreement
In February 2023, a signing ceremony was held in South Tangerang, Republic ofIndonesia, between Shuhei Umeda, Managing Executive Officer of SPRIX Corporation,and Bpk. The signing ceremony was attended by about 30 school headmasters and othersfrom the field, in addition to officials from the Department of Education and Culture, whoengaged in lively discussions on improving education in South Tangerang. Against abackground of high interest in Japanese-style education, many questions were asked andhigh expectations were expressed for the various educational services that SPRIX
provides (of which TOFAS is one of).

3. Comments at the signing ceremony
Republic of Indonesia Director General Muslim Nur, Department of Education and Culture,
South Tangerang, Republic of Indonesia...We believe that in order to improve children's calculation skills, it is first important toassess their academic performance. In this respect, we saw the potential in TOFAS,
which already boasts high performance in countries around the world, and decided tointroduce it. The system will be implemented in all schools, public and private.

In South Tangerang, there are many children who have a lot of room for growth in theirbasic academic skills. For improvement, we are interested in academic content and[SPRIXʼs] DOJO as well as TOFAS; we would definitely consider introducing both.
... there is much to learn from the Japanese education system. We look forward to input
from SPRIX, who has a lot of expertise in disciplining children and in classroommanagement.
Shuhei Umeda, Managing Executive Officer, SPRIX Ltd.
This is a unique opportunity for us to deliver our educational services worldwide.
We would like to contribute to South Tangerang, which is facing challenges in basic
academic skills, by providing educational content.
The government wants to provide comprehensive support for the improvement of basic
academic skills. TOFAS, which has already been introduced, is not a “once-off” event,and the importance of regularly monitoring the progress of students by taking the testat regular intervals has been agreed.
The teachers in South Tangerang showed great interest in Japanese school education.
With interest in utilising the Forrestanet, we aim to make a contribution to the whole ofIndonesia, starting with South Tangerang.

- Contact for media enquiries and applications for interviews on this matter -.
SPRIX Corporation.
Metropolitan Plaza Building 12F, 1-11-1 Nishi-Ikebukuro, Toshima-ku, Tokyo 171-0021,
Japan
TEL: 03-5927-1681 Mail: info@sprix.jp