TAUNS Laboratories, Inc.
Groundbreaking Ceremony Held for New Factory

SHIZUOKA, March 19, 2024 - TAUNS Laboratories, Inc. (Headquarters: Izunokuni-shi,Shizuoka; President and CEO: Masaki Nonaka; hereinafter referred to as "TAUNS")
announces that it held a groundbreaking ceremony on March 19, 2024 at the planned
construction site of its new factory (tentatively named Mishima Factory) in the Mitsuya
Industrial Park in Mitsuyashinden, Mishima City, Shizuoka, to mark the start of construction.
The groundbreaking ceremony was attended by Takeshi Toyooka, Mayor of Mishima City,and many local officials, as well as executives and employees of the construction company,
and the Shinto ritual was successfully performed to pray for the safety of the construction ofthe new factory.

Groundbreaking by Mr. Nonaka,
President and CEO of TAUNSCongratulatory speech by Mr. Toyooka,
Mayor of Mishima City

This factory, the second in Japan, will be responsible for the production of rapid diagnostic
test kits, one of the company's main products. In order to realize our corporate slogan "Peaceof Mind through Diagnostic Technology" and meet the recent increase in demand for testing,
we will strengthen our production capacity and BCP system by establishing two production
bases, and strive to ensure a stable supply of our products. In addition, to promote thedigitalization of operations, production, and logistics processes, the factory will become asmart factory by introducing automated warehouses, automated guided vehicles, andinformation systems that visualize manufacturing processes.

1Outline of the New Factory:(1) Location: 331-10 Mitsuyashinden, Mishima City (in the Mitsuya Industrial Park)(2) Construction period: March 2024 to May 2025 (scheduled)(3) Structure: Heavy steel structure, 4 floors above ground(4) Site area: 34,081 ㎡, Building area: 6,084 ㎡, Gross floor area: 23,918 ㎡- Image of the new factory

The purpose of this release is to provide our stakeholders with the latest information related to our companies.
Although it may contain information on our products and research and development, it is intended to disclose
our management information and is not intended as promotion, advertisement, or medical advice regarding
our products.

About TAUNS:TAUNS Laboratories, Inc. is one of the major companies of rapid diagnostic test kits for
infectious diseases in Japan. We manufacture in vitro diagnostic test kits and research
reagents applying various diagnostic technologies for global consumption. In the field of rapid
diagnostic test kits for infectious diseases, which are our main products, we have been widely
known for high-quality products and customer services by hospitals, clinics, research
institutes and biotech start-ups. For over 30 years since the company was established in 1987,
under the corporate philosophy of enriching lives and providing peace of mind, we havestrived to develop and improve our products. As a leading company of rapid diagnostic test
kits in Japan, we continue to advance R&D to meet the needs for clinical tests. For more
information, please visit our website at https://www.tauns.co.jp/en/.
2For inquiries regarding this press release, please contact:
TAUNS Laboratories, Inc.
General Affairs Department
TEL：+81-55-957-3090
E-mail: kouhou@tauns.co.jp

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