MELTIN signs Memorandum of Understanding for joint development, demonstration,and commercialization with a company affiliated with the Kingdom of Saudi Arabia(Research Products Development Company)

MELTIN MMI Co., Ltd. (CEO: Mark Kasuya, Headquarters: Chuo-ku, Tokyo, hereinafterreferred to as "MELTIN") and Research Products Development Company in the Kingdom ofSaudi Arabia (Representative Director and CEO: Dr. Mishal Alharbi) Headquarters: Riyadh,
the Kingdom of Saudi Arabia, hereinafter "RPDC") agreed to jointly develop, demonstrateand commercialize products based on remote control robot technology, biosignals andmedical robotics technology (hereinafter "MELTIN’s Technologies") and signed a
Memorandum of Understanding on 5th August, 2022.

Saudi Vision 2030 is an ambitious effort to transform the Kingdom and its economy into avibrant, competitive, sustainable, and export-oriented manufacturing sector that is critical to
the realization of Vision 2030.
NEOM is part of Saudi Vision 2030 to see the country develop into a pioneering and thriving
model of excellence in various important areas of life.

Sixteen sectors are driving theimplementation of NEOM’s vision: energy, water, mobility, biotech, food, manufacturing,media

andentertainment,culture,fashion,technology/digital,tourism,sport,design/construction, services, health/well-being, education, and livability.
Manifesting the Memorandum of Understanding (MOU) positions MELTIN and RPDC totake advantage of the collaboration to become recognized strategic partners in research,development, and innovations to catalyze the growth in key elements of NEOM's sector.

Through this collaboration between MELTIN and RPDC, both companies intend tointroduce its technologies into various segments including manufacturing, logistics, oil andgas, entertainment, medical care, nursing, and nursing care.
MELTIN and RPDC will accelerate further discussions and initiatives with a view to obtaincertification and commercialization for joint technology development, demonstration, andintroduction the broad framework of business segments.

Kasuya, CEO of MELTIN, said, "Currently, efforts are being made to realize cyber-physicalsystems all over the world, and I am convinced that this collaboration with RPDC will be astep toward creating a new impactful technologies. During the discussion with Dr. Nahid
Sidki, CTO of RPDC, who came to Japan in August this year, we discussed common issues
associated with technological innovation such as robots and AI, and we believe that working
together will produce a strong synergistic effect. Utilizing the products, technical know-how
and knowledge that we are developing, we will contribute to the research, development andinnovations (RDI) in Saudi Arabia, and at the same time, MELTIN's vision is to create asociety in which everyone can live as they please, without any inconvenience, through cyborg
technology. We would like to take this as an opportunity to accelerate social implementation.”
In creating new industries through technological innovations such as robots and ArtificialIntelligence (AI), we will discuss elements to be considered, measures for social dissemination,and issues with various experts and companies active in the technology field. We will
disseminate information for wide use as social infrastructure.

< Corporate information >1) MELTIN MMI Co., Ltd.:
Established in 2013. A venture company that operates a cyborg business using biosignals
and robot technology, with its head office in Tokyo and a development base in
Minamisoma City, Fukushima Prefecture. The avatar robot "MELTANT-α", to be aconcept model in 2018, the demonstration test machine "MELTANT-β" in 2020, andthe robotic neurorehabilitation device "MELTz" for finger paralysis in 2022.
Rehabilitation System” (Second-class medical device manufacturing and sales license andClass II medical device certification acquired) announced. Certified company of "JStartup", a startup support program by the Ministry of Economy, Trade and Industry.
Website：https://www.meltin.jp/2) RPDC（Research Products Development Company）：RPDC is a subsidiary of TAQNIA (The Saudi Technology Development and Investment
Company), wholly owned by the Public Investment Fund (PIF) led by the government ofthe Kingdom of Saudi Arabia. RPDC is the national center for technology development
and commercialization in Saudi Arabia. RPDC is aligned with the Kingdom’s Vision 2030
and other national initiatives to transform Saudi Arabia's economy. The company
established with the aim of promoting sustainable technology development and productcommercialization to support and achieve the Vision 2030.
Website：http://rpdinnovations.com/Inquiries
E-mail：envision@meltin.jp
Website : https://www.meltin.jp/en/