Komori
Business alliance3719AI storm Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Execution of a Memorandum of Understanding with FinTech Global Inc.

For the funds in which FGI acts as arranger and the Company as operator, the Company will proceed with the transfer of registered ownership by the deadline for vehicles it sold for which the transfer remains incomplete. For vehicles whose transfer cannot be completed by the deadline, the Company will buy them back from the funds to resolve the matter.

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Agreements reached under this partnership

3719AI storm Co.,Ltd.
Alliance partnerFinTech Global Incorporated
Details of the alliance
  1. 1

    Transfer the registered ownership by setting a deadline, and for vehicles whose transfer cannot be completed by that deadline, the Company will buy the vehicles back from each fund to resolve the matter

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Impact on Business Performance

The impact of executing this memorandum of understanding on results for the fiscal year ending December 2026 is currently under review. Details will be announced in the financial results announcement scheduled for 13 November 2026.

Contract Date30 October 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerFinTech Global Incorporated
Details of the allianceTransfer the registered ownership by setting a deadline, and for vehicles whose transfer cannot be completed by that deadline, the Company will buy the vehicles back from each fund to resolve the matter
Contract Date30 October 2026
Impact on Business PerformanceThe impact of executing this memorandum of understanding on results for the fiscal year ending December 2026 is currently under review. Details will be announced in the financial results announcement scheduled for 13 November 2026.
Items this document does not state (19)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company states that it executed the memorandum of understanding to resolve the fact that the transfer of registered ownership remains incomplete for some of the vehicles it sold.

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This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Execution of a Memorandum of Understanding with FinTech Global Inc. | AI storm Co.,Ltd. (3719) timely disclosure | Komori