ARDEPRO Co., Ltd. concluded a sale contract for the real estate for sale listed below, mentioned in the Company's news release issued September 25, 2023, "(Disclosure Update) Notice Concerning Settlement of Purchase of Real Estate for Sale. Conclusion of a sale contract for real estate for sale in Minato-ku, Tokyo Overview of sold property: Location: Minato-ku, Tokyo, Category: Revenue-generating residence, Total floor area (m2): 390.84, Land area (m2): 126.52. Deadline for settlement of sale: July 31, 2024.

Under the terms of a confidentiality agreement concluded with the buyer regarding the sale contract, the Company refrains from publishing the name of the buyer and the sale price of the property. The sale price represents less than 10% of the net sales of the Company in the fiscal year ended July 31, 2022 (¥22.6 billion) and is an amount equivalent to less than 30% of the net assets of the Company in the fiscal year ended July 31, 2022 (¥7,612 million).