October 1, 2021
For immediate release
Company

INFRONEER Holdings Inc.

Representative:

Representative Executive Officer

Kazunari Kibe

(Code No.: 5076, TSE 1st Sec.)Contact:

Executive Officer, Responsible for

Shinya Sakaguchi

Corporate Strategy(TEL: 03-6380-8253)
Notice of the Establishment of INFRONEER Holdings Inc.
INFRONEER Holdings Inc. (hereinafter referred to as "the Company") hereby announces as below that the Company wasestablished today as a wholly-owning parent company of Maeda Corporation, Maeda Road Construction Co., Ltd., andMaeda Seisakusho Co., Ltd. through a joint share transfer, and listed its common shares on the First Section of the Tokyo
Stock Exchange as of today.

Description:1.

Company profile(1) Trade name

INFRONEER Holdings Inc.

(2) Representative

Kazunari Kibe, Representative Executive Officer, President(3) Date of establishment

October 1, 2021

(4) Location

2-10-2, Fujimi, Chiyoda-ku, Tokyo(5) Capital

20,000 million yen(6) Business category

Provision of all sorts of infrastructure services from planning andproposal to design, construction, and operation & maintenanceof infrastructures, as well as management and control of thegroup and subsidiaries operating the construction business (civilengineering and architecture), paving and manufacturing & salesof construction machinery, and all businesses incidental orrelated thereto(7) Total number of shares issued and391,539,797

outstanding(8) Exchange listed on

First Section of the Tokyo Stock Exchange(Securities Code: 5076)(9) Number of shares per unit

100(10) Day for settlement of accounts

March 31(11) Accounting auditor

Ernst & Young ShinNihon LLC(12) Administrator of Shareholder Registry

Mizuho Trust & Banking Co., Ltd.

(13) Website URLhttps://www.infroneer.com

2.

Directors and Executive Officers
Position

Name

Responsibility

Director,
Chairman of theSoji Maeda

CompanyDirectorDirectorDirector
Director (outside)

Kazunari Kibe
Hirotaka
Nishikawa
Masaaki Shioiri
Keiichiro
HashimotoDirector (outside)

Seiichiro Yonekura

Director (outside)

Koichi Moriya

Director (outside)

Rie Murayama

Director (outside)

Atsushi Takagi

Representative
Executive Officer,

Chairperson of the Board and Audit Committee

Chairperson of Nominating Committee

Chairperson of Compensation Committee
CEOKazunari Kibe

President
Executive Officer

Takao Nakanishi

Responsible for Construction & Engineering Strategy

Executive Officer

Yuji Hatakama

Responsible for Marketing Strategy
Responsible for Corporate Strategy (Corporate Planning, Integrated

Executive Officer

Shinya Sakaguchi

Infrastructure Services, IR & M&A), IT & DX Strategy and CSR &Environment
Responsible for Human Resources Strategy and Construction &Executive Officer

Hideya Takekawa

Executive Officer

Masaji Nagumo

Executive Officer

Ryuji Endo

Responsible for Financial Strategy

Executive Officer

Masaaki Shioiri

Responsible for Capital Investment Strategy

Executive Officer

Yasuo Kato

Responsible for Audit

Engineering Strategy
Responsible for Administration, Legal & Compliance, Marketing

3.

Strategy and Capital Investment StrategyConsolidated earnings forecast and dividend forecast
The Company's consolidated earnings forecast and dividend forecast for the year ending March 2022 will beannounced as soon as they are determined.