On April 18, 2022, Brandes Investment Partners, L.P. announced that it has submitted a notification with the purpose of discuss the idea of corporate governance, important strategic decisions, and capital policy with the investee company including TACHI-S Co., Ltd. depending on the situation. Further, Brandes Investment Partners announced that the ultimate goal is to work with the Company to enhance the enjoyment of the interests of the shareholders. The Company may consider to formally issue, the important proposal acts, etc.

as defined in Article 2 of the Financial Instruments and Exchange Act Enforcement Order Article 14-8.