Relia : Matters Concerning Controlling Shareholders, etc.

June 23, 2021

To All Concerned Parties

Relia, Inc.

2-6-5, Yoyogi, Shibuya-ku, Tokyo

(Code number: 4708, First Section of the Tokyo Stock Exchange)

President: Takashi Amino

Contact: Kenichiro Iwamoto

General Manager, Corporate Communications Div. Tel: [phone] (main)

Matters Concerning Controlling Shareholders, etc.

Relia, Inc. ("the Company") hereby notifies that, with regard to Mitsui & Co., which is among the other associated companies of the Company, the matters concerning controlling shareholders, etc. are as described below.

1. Trade name, etc. of other associated company

						As of March 31, 2021
		Ratio of voting rights (%)		Financial instruments exchanges on
Corporate name	Category		Share subject		Total
Direct holding	to aggregation			which issued shares are listed
						Tokyo Stock Exchange, Inc.
Mitsui & Co., Ltd.	Other associated	35.5	0.0		35.5	Nagoya Stock Exchange, Inc.
company		Sapporo Securities Exchange
						Fukuoka Stock Exchange

2. Position of the Company in corporate group of the parent company, etc. and other relationships with the parent company, etc.

Mitsui & Co., Ltd. holds 35.5% of voting rights in the Company and the Company is an affiliated company accounted for by the equity-method of Mitsui & Co., Ltd.

Regarding the status of concurrent holding of offices, Isao Kohiyama of, Mitsui & Co., Ltd., one of the Company's other associated companies, concurrently serves as Outside Director of Relia, Inc. and as Managing Officer and Chief Operating Officer of the IT & Communication Business Unit of Mitsui & Co., Ltd.

Mitsui & Co., Ltd. is a major shareholder of the Company. However, the Company has introduced a system whereby, in the event of a transaction with an associated party that exceeds a certain amount, it will be submitted to the Company's internal Case Review Committee for discussion of the transaction's appropriateness and whether there are any issues with the terms of the transaction compared with other trading partners, and transactions are conducted at the Company's own judgment in the same way as transactions with other general trading partners. Accordingly, the Company believes that there are no constraints on business imposed by Mitsui & Co., Ltd. and that it has maintained an appropriate level of independence.

(Status of Concurrent Holding of Offices)

Office	Name	Office at Parent Company, etc. or its	Reason for Appointment
Group Company
Outside		Managing Officer; Chief Operating	The Company determined that he could be
	expected to leverage his experience and
Isao Kohiyama	Officer of IT & Communication
Director	knowledge at a general trading firm in
	Business Unit, Mitsui & Co., Ltd.
		management.

3. Matters Concerning Transactions with Controlling Shareholders, etc.

(From April 1, 2020 to March 31, 2021)

	Name of		Capital or	Nature of	Ratio of voting	Relationship
		rights owned by	Nature of	Transaction	Account	Ending
Type	Company, etc.	Address	Investment	Business or	the Company (held	with	amounts	balance
associated	transactions	Item
	or Individual		(million yen)	Occupation	in the Company)	parties		(million yen)		(million yen)
					(%)
						Accepts
Other	Mitsui & Co., Chiyoda-ku,		General	(Held in the	employees	Temporary		Other
	on	assignment fees
associated	342,080	Company)	245	accounts	62
Ltd.	Tokyo	trading firm	temporary	and other
company		Direct 35.5		payable
				assignment,	expenses
						etc.

Note: Transaction amounts do not include consumption taxes, but consumption taxes are included in the ending balance.