July 1, 2024

Company name: ES-CON JAPAN Ltd.
Representative: Takatoshi Ito, President &Representative Director(TSE Prime Market, Code: 8892)
Inquiries:
Mitsuhiko Matsuzawa,Director, Head of Management Division
Tel:+81-3-6230-9308

Notice of Participation in the Sales and Marketing Business for Hawaiian
Condominium "Kuilei Place"―The Conclusion of Business Partnership Agreement among ES-CON
JAPAN, Seven Signatures, BlackSand, and Kobayashi Group―
ES-CON JAPAN Ltd. has concluded a four-party business partnership agreement with Seven Signatures
International CO., Ltd. (“Seven Signatures”), BlackSand Capital, LLC (“BlackSand”), and Kobayashi Group,
LLC (“Kobayashi Group”). As a second project, ES-CON JAPAN participated in the sales and marketingbusiness for Kuilei Place, a large-scale condominium in Honolulu, Hawaii.

1.Background of Concluding the Business Partnership Agreement
ES-CON JAPAN identifies “Global Expansion” as one of the management strategies in Long-Term Vision
2030 to expand our overseas business as our next core business.
In October 2023, as a new initiative for our overseas business expansion, ES-CON JAPAN concluded afour-party business partnership agreement with Seven Signatures, Black Sand, and the Kobayashi Groupfor the sales of the luxury condominium Ālia in Hawaii to the Japanese market.
In this second project among the four companies, which is Kuilei Place, ES-CON JAPAN and Seven
Signatures will serve as important sales and marketing partners in Japan for BlackSand and Kobayashi
Group.
Through participation in Ālia and Kuilei Place projects, ES-CON JAPAN aims to strengthen the sales andmarketing base of overseas properties in the Japan market and further expand our business domains aswell as generate innovations.

12. About Kuilei Place, the Second Project under the Partnership
Kuilei Place, currently scheduled for completion in 2027, will be located in the Mō'ili'ili district,Honolulu. This large-scale condominium project occupies approximately 12,741 square meterswith a total of 1005 units, consisting of two housing buildings with 43 stories above the groundand 12 stories.
This property is intended to deliver high-quality housing in Hawaii. At least 60% of the total ofunits will be sold to local residents, however, units will be available for purchase by residents inJapan.

Perspective drawings of the completed project

3.About the Japan Sales Gallery
The Sales Gallery has been opened inside ES-CON JAPAN’s Tokyo Head Office since weparticipated in the Ālia project. In the gallery, we provide space for business discussion, wherestaff members from ES-CON JAPAN and Seven Signatures will help customers choose theirhomes in Hawaii.

Japan Sales Gallery24. Overview of Each Company
ES-CON JAPANName:

ES-CON JAPAN Ltd.

Established:

1995

Head Office:

20F, The Okura Prestige Tower, 2-10-4 Toranomon, Minato-ku, Tokyo 105-0001

Representative:

Takatoshi Ito, President & Representative DirectorLines of business:

Real estate sales, real estate leasing, real estate planning/brokerage/consulting

Website:https://www.es-conjapan.co.jp/english/

Seven Signatures
Name:

Seven Signatures International Co., Ltd.

Established:

2007

Head Office:

23F, Mita Kokusai Building, 1-4-28 Mita, Minato-ku, Tokyo 108-0073

Representative:

Masaya Iwano, Representative Director

Lines of business:

Real estate business in Hawaii, hospitality business, real estate business in Japan

Website: https://www.sevensignatures.com/

BlackSand Capital
Name:

BlackSand Capital, LLC

Established:

2010

Head Office:2270 Kalakaua Ave., Suite 1788, Honolulu, HI 96815

Representative:

Bert "BJ" A. Kobayashi, Jr.

Lines of business:

Real estate investment advisory firm specializing in Hawaii

Kobayashi GroupName:

Kobayashi Group, LLC

Established:

1997

Head Office:1288 Ala Moana Blvd #201, Honolulu, HI 96814

Representative:

Patrick K. Kobayashi

Lines of business:

Real estate development, real estate investment

As Life Developers, we will continue to offer services for creating new modes of living and help our customers
bring their ideals to life.

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