For Reference OnlyNovember 9, 2023

Acquisition of ITAD Company in Malaysia by CSI Leasing Malaysia, Sdn. Bhd. (CSI Malaysia)―First ITAD Service Base in Asia
Tokyo Century Corporation (“TC”) hereby announces that its wholly owned subsidiary CSI Leasing, Inc. (“CSI,”
headquartered in Missouri, USA), through its subsidiary CSI Leasing Malaysia, Sdn. Bhd. ("CSI Malaysia," headquarteredin Kuala Lumpur, Malaysia), has acquired all shares of ExportXcel, Sdn. ("ExportXcel," headquartered in Kuala Lumpur,Malaysia), a leading ITAD services*1 company in Malaysia that provides appropriate disposal of IT equipment. Thisacquisition created CSI’s first ITAD service base in Asia.
Operating in more than 50 countries, CSI is a major global leasing company, providing IT lifecycle management services
that combine offerings such as fair market value (FMV) leasing*2 and data destruction. The demand for ITAD services isgrowing, especially among global companies that place a high priority on governance and compliance regarding their ITequipment. CSI has been providing high-quality ITAD services, including data destruction and proper IT disposal through
EPC, Inc. (“EPC,” headquartered in Missouri, USA), CSI’s wholly owned subsidiary. With 22 facilities worldwide, EPC
processes more than 1.5 million assets per year.
ExportXcel, with all shares having now been acquired by CSI Malaysia, is a leading company with excellent service
expertise and processing capabilities that has been serving as an ITAD partner for several major IT manufacturers.
As CSI’s first ITAD service base in Asia, ExportXcel will expand its business foundation and earnings by handling moreequipment from CSI Malaysia with expired leases, expanding its service lineup, and strengthening its sales capabilities
through collaboration with EPC. As a result of this acquisition and gaining ITAD service capability, CSI Malaysia willcontribute to improving CSI’s competitiveness and further expanding its operations throughout Asia.
This acquisition will have no significant impact on TC’s consolidated performance and does not change the consolidated
results forecast for the fiscal year ending March 31, 2024, announced on May 12, 2023.

*1: IT asset disposition (“ITAD”) is the process of disposing of IT assets through safe and environmentally appropriate methods in accordance withapplicable law and regulations.
*2: Fair market value (“FMV”) leasing is a form of highly flexible equipment leasing that offers customers multiple options such as returning the asset,
purchasing the asset, or extending the lease of the asset at the end of the original lease period. As customers are not required to make acommitment regarding their plans for the asset at the time the lease is signed, they can make a considered decision in accordance with their
particular business needs at the end of the lease term. This form of leasing is a very efficient means of procuring IT assets in a time of rapid
technological advancement.

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(Reference 1) CSI’s IT lifecycle management(Reference 2) ITAD services process(Reference 3) Capital relationship of each company concerned###2Contact Information:
Tokyo Century Corporation
Public Relations & Investor Relations Division
Kengo Kawai
Inquiries: https://www.tokyocentury.co.jp/en/contact/form.php
Phone: +81-3-5209-6710(Note) This translation is prepared and provided for reference only. In the event of any discrepancy between this translated
document and the original Japanese document, the original document shall prevail.

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