Monthly Report
To whom it may concern.

April 23, 2020

INVAST SECURITIES CO., LTD.
(JASDAQ Code: 8709)

Over 80% of AI wins under COVID-19 market
March 2020 results of the FX Trade AI"MAiMATE Monthly Report" (March 2020)
INVAST SECURITIES CO., LTD. (Headquarters: Chuo-ku, Tokyo;
Representative Director: Takeshi Kawaji) will post the results of MAiMATE FX-TRADE AI
in a monthly report.
This report extracts only the forward test results of AI agents that were born at the start ofperformance measurement.
※ MAiMATE is an FX signal delivery service that customers who open an account withINVAST SECURITIES can use for free.
※ We plan to release the trading function around the summer of 2020.

■ More than eighty percent of MAiMATE AI's performance was positive(March 2, 2020, to March 31, 2020).
Monthly cumulative profit/loss increased by +1,309,613pips. The average monthly profit/loss
for all AI agents wins at the rate of COVID-19 with +396 pips, and more than eighty percent
of AI agents finish March 2020 with positive revenue.
As of March 2, there were 3305 AI agent registrations, and the pseudo-trade result by the agent inMarch 2020 was a very strong positive +1,309,613pips. The average monthly profit/loss for all AIagents is +396 pips (=1,309,613pips/3305agent), and 86% AI agents finished March 2020 withpositive profits.

Monthly Report●“AI Agent” refers to the FX trading AI character that the customer has created according to thefour choices.
● Each AI agent understands the "target transaction" by being evaluated by the owner. Throughcontinuous learning, AI agent will grow to your liking.

■ Performance by currency pair: All currencies plus in March(March 2, 2020 to March 31, 2020)
AI did not experience a large negative gain or loss in all currency pairs, and made a profit under
the COVID-19 market where price fluctuations were severe.

Monthly Report
When you create an AI agent, you select your own currency pair. Among the three currency pairs,"US dollars/yen" is overwhelmingly selected, and the selection ratio occupies more than seventy
percent of the total. As a result, the number of AI-agents tends to be large in the US dollar/yen,and the cumulative P/L pips tends to be larger in absolute terms.
Looking at the average periodic profit/loss after dividing "periodical profit/loss" by "number ofAI agents", the “USD/JPY” is +354 pips (86% AI-agent plus), “EUR/USD” +437pips (84% plus),“GBP/USD” +598pips (83% plus).
※ Currently, the currency pairs that can be selected in MAiMATE are one of the total threecurrency pairs.

■ Maintained positive for all currencies for 7 months from start(September 2019 to March 2020)
The chart below shows the number of target AI agents by currency pair and the average profit / loss
per AI.

From the average profit / loss per AI (pips), it can be seen that many months ended in positive
income, and in the months ended in loss, the loss was suppressed small. In this way, it can be
confirmed from the graph above that MAiMATE's AI agent as a whole is able to achieve "smallprofit and loss" well.

Monthly Report■ About MAiMATE

MAiMATE is a free signaling service thatallows you to create an FX trade AI with justfour choices.
This is an unprecedented concept that enablescustomers to learn their trades by evaluating
and nurturing agents after creation.
The trading function is scheduled to bereleased around the summer of 2020.

Click here for MAiMATE site
https://www.mai-mate.com[Inquiries Regarding this Matter]
Tsurumi, Invast Securities Co., Ltd.
e-mail: go_tsurumi@invastsec.jp[Company profile]
Trade name: Invast Securities Co., Ltd. Listed exchange: JASDAQ Securities code: 8709
Head office location: 1-6-21 Nishi-shinbashi, Minato-ku, Tokyo, Japan
Representative: Takeshi Kawaji, President & CEO
Capital: ¥5,965,086,800 Founded: August 10, 1960
Business activities: Financial instruments trading under the Financial Instruments and Exchange Act
License number: Financial Instruments Business Operator, Kanto Local Financial Bureau (Kin-sho) No. 26
Association memberships: The Financial Futures Association of Japan; Japan Investment Advisers Association;
Japan Securities Dealers Association