May 15, 2024

ACSL Ltd.

ACSL exhibits at the “XPONENTIAL 2024” in San Diego, California
ACSL and ACSL, Inc. (US subsidiary), exhibited SOTEN at XPONENTIAL 2024 held in the US on April

22-25, 2024, and received high interest from local equipment inspection companies.
There is a strong need for secure drones in the U.S., with a clear trend toward economic security
and non-China products. ACSL recognizes the potential of the U.S. market and will steadily
develop SOTEN's U.S. presence.

ACSL Ltd. (Head Office: Edogawa-ku, Tokyo; CEO: Satoshi Washiya; hereinafter “ACSL”) and its U.S.

subsidiary ACSL, Inc. announce that exhibited at XPONENTIAL 2024, held in April 2024 in San Diego,California, USA.
BackgroundThe need for secure drones for equipment inspections is growing in the U.S. in response to the clear

trend toward economic security and non-China products. In 2023, AUVSI (Association for Unmanned

Vehicle Systems International), the organizer of XPONENTIAL, launched the Green UAS program*1 as a
new security certification in the U.S. The program is designed to evaluate and verify that commercial
drones meet the highest levels of cybersecurity and NDAA*2 supply chain requirements.
ACSL's achievements at the exhibition and future goals

ACSL's small aerial photography drone, SOTEN, was exhibited and attracted attention especially in thefollowing three points, confirming the high interest and expectations of equipment inspection companies
in the U.S.

・Conforms to NDAA compliance・Reasonable pricing

・Open software development kit (SDK*3) will soon be available
The huge market*4 for equipment inspection drones in the U.S. is a very attractive, and ACSL, as aJapanese drone developing and manufacturing company, will steadily achieve results in the U.S. market
by developing customer-first products and continuing to provide products that meet the needs ofinspection sites.

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Exhibition site

Outdoor demonstration participated by major
equipment inspection companies

More than 100 companies visited our boothDirectors of ACSL, Inc. speak at the event

Hosting a networking party(Approx. 80 industry leaders in attendance, including Fortune 500
clients and influential industry partners)

XPONENTIAL*5

XPONENTIAL is one of the world's largest trade shows organized by AUVSI, the world's largest

association in the field of advanced autonomous systems and robotics, based near Washington, D.C.,

USA. It focuses on unmanned and autonomous systems technology, which will be more in demand in thefuture in all areas of land, sea, and air, and provides networking opportunities with leaders in each field.
Approx. 8,500 visitors and more than 700 exhibitors attended XPONENTIAL 2024.

Reference*1: https://www.auvsi.org/auvsi-launches-green-uas-cybersecurity-certification-program-commercial-drones*2: The National Defense Authorization Act (NDAA) is a law concerning the defense budget that is introduced annually in the U.S. Congress. It governs U.S.
defense policy and establishes rules that prevent the U.S. from hiring companies that could be immediately converted to a particular country's military orweapons industry. (https://www.jetro.go.jp/biznews/2022/12/4aee4ff95f7c5905.html)*3: Software Development Kit (SDK) is an open software development kit to develop applications that meet end-user needs and extend the use of drones*4: The total length of overhead power lines in Japan is about 15,000 km, while the total length of high-voltage power lines alone is 390,000 km (240,000miles) in the US. About 26 times as much by simple comparison. (https://www.nae.edu/; https://www.tepco.co.jp/pg/)*5: https://xponential.messe-dus.co.jp; https://exhpo.com/int/xponential/【ACSL and ACSL, Inc. (U.S. Subsidiary)】 https://www.acsl.co.jp/
ACSL is developing domestically produced industrial drones to reduce manpower and unmanned

operations of existing operations in the industrial field. In particular, ACSL provides cutting-edge

autonomous control technology with image processing and AI edge computing technology, andindustrial drones equipped with the same technology. ACSL drones have already been adopted in various
fields such as infrastructure inspection, postal and logistics services, and disaster mitigation andprevention.

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In January 2023, the U.S. subsidiary ACSL, Inc. was established in California. In July 2023, 50 SOTEN units
were delivered to the distributor, marking the start of SOTEN sales in the United States. Today, we

continue to expand our dealer network throughout the United States to meet the steadily growing

demand and interest from the U.S. market. To support the scale and progress of its dealer network, ACSL

Inc. is expanding its team, including the hiring of a dedicated channel operations manager.
【Inquiries for this news release】
ACSL Ltd., PR

Tel: +81-3-6456-0931 Email: pr@acsl.co.jp

Attention
This document is an unofficial translation of the timely disclosure on May 15, 2024 by ACSL and this is forreference purpose only. In case of a discrepancy between the English and Japanese versions, the Japaneseoriginal shall prevail.

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