LIFEDRINK COMPANY,INC.

Life Drink Company is a corporate group primarily engaged in the manufacture, procurement and sale of soft drinks and tea leaves. The group consists of 7 companies, including 5 subsidiaries and 1 equity-method affiliate. Its business falls under the “Drink & Leaf” category, and its principal products are bottled water (2L/500ml), tea-based beverages (2L/500ml) and carbonated beverages (500ml). Its core business is own-produced beverages, with operations characterized by high-volume production of a limited range of products, in-house production of raw materials and a nationwide network of factories. Through its nationwide factory network, the group seeks to diversify supply risks, including those arising from natural disasters, and achieve both stable supply and low prices. Its sales channels include general merchandise supermarkets, food supermarkets, discount stores, drugstores and home improvement centers. Its competitive advantages include a “price advantage” over major beverage manufacturers, and both a “price advantage” and a “scale advantage (supply capacity and nationwide presence)” over local and regional beverage manufacturers. See the Corporate History section for the company history and subsequent events. The main sections are set out below.