Star Asia Investment Corporation announces that it has decided to execute debt financings (the "Debt Financing" or "Refinancing") as described below. Term: Long-term borrowings. Lender: THE BANK OF FUKUOKA, LTD. Borrowing amount: JPY 500 million.

Interest Rates: Floating, Base interest rate (JPY 3 million TIBOR) 0.55 %. Expected Date of Borrowings: February 29, 2024. Principal Repayment Date: February 28, 2029.

Repayment Method: Lump sum repayment on principal repayment date. Security: Unsecured and Unguaranteed.