Restrictions on business activities under the business alliance agreement with KDDI

「As of the filing date, the designated activities under the agreement are limited to technical verification and development to improve and enhance networks owned by the KDDI Group, and technical collaboration and service development to expand the scope and service content of the global IoT infrastructure and other offerings. Because the services we provide either do not involve designated customers or operators or do not constitute activities competing with the designated activities, the impact on our group's business and performance is limited.」

「As of the date of submission of this document, the designated businesses under the agreement are limited to “technology verification and development to improve and enhance networks owned by the KDDI Group” and “technical collaboration and service development to expand the scope and service content that can be provided, including the global IoT platform.” The Company’s services either do not involve designated operators as customers or do not constitute activities competing with the designated businesses, so the impact on the Group’s business and performance is limited.」

「However, if the Group’s future business activities are deemed to compete with KDDI Corporation and consent cannot be obtained, or if the agreement otherwise obstructs the Group’s future business activities, the Group’s business and performance may be affected.」