Ryohin Keikaku Co., Ltd. announced that it resolved at the Board of Directors meeting held on June 25, 2025 to establish MUJI ENERGY LLC as a special purpose company to be included in the scope of consolidation. As the amount of investment in MUJI ENERGY will be more than 10% of the Company's capital, it will be classified as a specified subsidiary of the Company. reason for establishing a subsidiary.

As announced on January 10, 2025, Ryohin Keikaku Co. Ltd. (Bunkyo-ku, Tokyo; Satoshi Shimizu, President and Representative Director; hereinafter, the Company) has studied on possibilities for investment in renewable power generation facilities and commencement of power generation business with the objective of achieving a 50% reduction in its total Scope 1 and 2 greenhouse gas emissions ("CO2 emissions") by fiscal year 30 compared to fiscal 2021 in cooperation with JERA Co. Inc., (Chuo-ku, Tokyo; Yukio Kani, Global CEO and Chair; Hisahide Okuda, President, Director, CEO and COO: hereinafter, "JERA Cross"), a subsidiary of JERA.

The Company has resolved to establish MUJI ENerGY LLC (hereinafter "MUJI ENERGY") as a special purpose limited liability company jointly with JERA to commence a renewable power generation business, aiming to create additional environmental value while taking into full consideration the environment, landscape, and other aspects of facility sites. MUJI ENERGY is sell the electricity it generates to JERA Cross, which will be sold to the market through Japan Electric Power Exchange (JEPX). At the same time, the Company will enter into a virtual power purchase agreement (PPA) with JERA Cross to reduce CO2 emissions associated with the electricity consumption at its tenant stores and other facilities by acquiring environmental value.

The Company will own 80% of the equity interest in MUJI ENERgy, which will be a consolidated subsidiary of the Company. With the amount of investment in MU JERA ENERGY in the first fiscal year as a result of this resolution exceeding 10% of the Company's Capital, the Company will own 80% of The equity interest in MUJIENERGY, which will be a consolidated subsidiaries of the Company. With the amounts of investment in MUJIENERgy in the first fiscal year as an resolution exceeding 10% of the company's capital, it will beclassified as a specified subsidiary of the company.