PRESSRELEASE｜October 6, 2023

A Sustainable Next Mobility That Achieves Zero Emissions

Agreement Concluded with U.S.-based REGENT Craft forDistributorship of Electric Seagliders in the Japan and ASEAN Markets- JALUX has concluded an agreement for the distributorship of REGENT Craft’s electric seagliders in Japan and
ASEAN markets.
- JALUX aims for social implementation of a sustainable next mobility that achieves zero emissions.

JALUX Inc. (headquarters: Minato-ku, Tokyo) has signed an agreement for the distributorship of electricseagliders, which are developed by REGENT Craft Inc. (headquarters: United States; hereinafter“REGENT”), in the Japan and ASEAN markets. Electric seagliders are attracting attention as a sustainable
next mobility method that is fully electric and achieves zero emissions.
As a distributor of REGENT’s electric seagliders, JALUX will contribute to the realization of adecarbonized society by popularizing their use throughout Japan and ASEAN countries.

【About Electric Seagliders】

An electric seaglider is a type of “ground effect” maritime vessel that flies several meters above the water
due to the ground effect, a cushion of air trapped between the wings and the water surface. It can beoperated at a lower cost than conventional ships and motorboats when traveling over water, and can travel
290 kilometers on a single charge.
The realization of mobility by electric seagliders is expected to lead to practical application and market
development of a new means of transportation that does not place a burden on the environment.
Electric seaglider introduction video on the REGENT official website: https://www.regentcraft.com/video【About REGENT Craft】

Established in 2020, REGENT Craft is a U.S. venture company that develops and manufactures electric
seagliders. It pursues the potential of new mobility businesses, including those around ports. The developed
hull can fly several meters above the water and ensure both high energy efficiency and safety, whileachieving zero emissions through electrification.
【Comprehensive Cooperation Agreement between REGENT and JAL】

REGENT and JAL have concluded a comprehensive cooperation agreement to study the establishment ofa system for operation, maintenance management and other matters. Based on the common philosophy of

PRESSRELEASE｜October 6, 2023

creating a world where everyone can travel safely and comfortably, the two companies aim for social
implementation of electric seagliders by utilizing the advanced technology of REGENT, which is developing
and manufacturing electric seagliders, and the know-how of the JAL Group regarding safe flight operations.
【The JALUX Group’s Basic Approach to Sustainability】

Today, we face a variety of challenges. Among these, global warming is the cause of all types of problems,
and the JALUX Group recognizes that decarbonization and carbon neutrality are urgent issues sharedthroughout the world. A sustainable society cannot be realized without resolving these issues. The JALUXGroup will incorporate a sustainability perspective into the core of its management and strive to create value,
which will both solve social issues and achieve growth for the Group, through its corporate activities.

As a trading company of the JAL Group, JALUX will continue to propose products that enrich everyone’s
lives under its corporate philosophy of “Contributing to Tomorrow―Your partner in creating happiness andbringing a bright future to people, society and the environment.”
Inquiries

Corporate Communications & Sustainability Team, CorporatePlanning Department, JALUX, Inc.

Mail：kkr@jalux.com