[Translation]

May 15, 2024
To whom it may concern:
Company name:

Wacoal Holdings Corp.

Representative name: Masaaki Yajima,
Representative Director, President andCEO(Code No. 3591 TSE Prime Market)
Contact:

Katsuya Hirooka,
Corporate Officer,
Head of Corporate Planning Dept.
(Tel: +81-75-682-1010)

Announcement Regarding Transfer of Fixed Assets and Recognition of Other Income
We hereby announce that the Board of Directors of Wacoal Holdings Corp. (the “Company”) has
adopted a resolution at a meeting held on April 30, 2024 to transfer the fixed asset (land and building) asdescribed below:
We deeply apologize for the delay in disclosing this information.
Details
1. Reason for Transfer
We made a resolution of transferring Asakusabashi Building as one of the steps of “promoting asset light”
as stated in the revised medium-term management plan.
2. Details of Subject Asset to be Transferred
Details and Location of
Subject Asset
Land: 346 m2 Building:4,403 m2
1-28-4, Yanagibashi, Taito-ku,Tokyo, etc.

Transfer
Value

Book Value of
Subject Asset*1*1

Gain on Sale
(Note)
1,080 millionyen*2Current
StatusBusinessoffice use(*1) Both the transfer price and the book value will not be disclosed based on the intention of the transferee.
The book value is less than 30% of the Company’s consolidated net assets.
(*2) The profit from this transfer is an estimate calculated by deducting the estimation of the book value and thecost of transfer from the transfer price.

3.

Outline of Transferee
Trade Name:
Location:
Name and Title ofRepresentative:(4)
Business Description:
(1)
(2)
(3)

(5)
(6)
(7)

Capital Amount:
Date of Incorporation:
Relationship between theCompany andSUNADAPROPERTY.INC.

Toyo Real Estate Co., Ltd.
1-1-28 Toranomon, Minato-ku, Tokyo
Representative Director, Atsushi Miyata
Sales, leasing, management, brokerage and other activities
related to real estates
320 million yen
April 30, 1986
CapitalThere is no particular capital relationship
Relationshipbetween the Company and Toyo Real
Estate Co., Ltd.
Personnel
There is no particular personnel

Relationship
Business
Relationship
Status as a
Related Party

relationship between the Company andToyo Real Estate Co., Ltd.
There is no particular business
relationship between the Company andToyo Real Estate Co., Ltd.
Toyo Real Estate Co., Ltd. does not fallunder a related party of the Company.

4. Schedule of Transfer
(1)
(2)
(3)

Resolution of the Board Meeting:Execution of Agreement:
Delivery of Property:

April 30, 2024
April 30, 2024
June 28, 2024

5. Reason for Delay in Timely Disclosure
We fail to carry timely disclosure because of the misrecognition of the disclosure standards regarding realestate transfers in the event of signing a fixed asset transfer agreement on April 30, 2024. We have come torecognize the fact mentioned above in the process of preparing the consolidated results forecast ending March2025 and disclose the information about this today.

5. Outlook
In the event of transfer of the real estate, as “Gain on Sales of Fixed Assets,” one billion yen will be recordedin the category of “Other Revenue” in the Company's consolidated results ending March 2025. This is factored
in the consolidated results forecast ending March 2025 which is presented today. The details will be referenced
in “Consolidated Financial Statements for the Fiscal Year Ended March 31, 2024” which is presented today.

- End -