V cube : Launches XR Option for Virtual Shareholders’ Meeting Service

News Release

To the press

April 19, 2023 V-cube, Inc.

V-cube Launches XR Option for Virtual Shareholders' Meeting Service

～Aiming to improve engagement through dialogue with shareholders and realize

shareholders' meetings with a high level of shareholder satisfaction～

V-cube, Inc. (Head office: Minato-ku, Tokyo, President, and CEO: Masaya Takada, hereinafter "V- cube") will start offering the "XR Option" for its "Virtual Shareholders' Meeting Service", which supports the holding of safe and secure shareholders' meetings. The "XR Option" which aims to deepen dialogue with shareholders and improve shareholder satisfaction, will be available for companies holding virtual shareholders' meetings in July 2023 and onward.

• Background of "XR Option" development and provision

V-cube's "Virtual Shareholders' Meeting Service", which supports the holding of safe and secure general shareholders' meetings, was launched in 2020, and have been introduced to more than 200 companies in 2022. In the course of reviewing with companies that have introduced this service and discussing future service improvements, we have received requests to improve engagement through dialogue with shareholders and make the general shareholders' meetings more satisfying for shareholders.

V-cube provides support for the delivery of not only virtual shareholders' meetings, but also various events and seminars, and the demand for improving attendee engagement is increasing. In order to solve this issue, we began offering solutions that incorporate elements of "3DCG" in 2021, and more and more events are achieving higher participant engagement and high satisfaction. 3DCG allows for the design of luxurious event venues and a variety of audience-engaging effects to be realized in a virtual space. In addition to the ability to differentiate content, it contributes to the effectiveness of events by enabling the strong appeal of the message you want to convey throughout the event. By incorporating these features into our shareholders' meeting service, we are confident that we can provide virtual shareholders' meetings with a higher level of satisfaction and bring our clients closer to their goals of improving engagement with their shareholders and have decided to begin providing this service.

Prior to providing the service, our 23rd Annual General Meeting of Shareholders (for the fiscal year ended December 31, 2022), held on March 28, 2023, was conducted in a virtual shareholders' meeting XR option format, allowing for smooth implementation of the system, operation, and viewing experience for shareholders.

In order to enable more customers to use the service in the same way, we will incorporate a "3DCG" element into our shareholders' meeting service and begin offering it as the "Virtual Shareholders' Meeting XR Option", which is expected to improve engagement (to be available from shareholders' meetings held in July 2023 and onward). The service is available for all holding methods, including participation, attendance, and virtual-only.

【What is the Virtual Shareholders' Meeting Service? https://jp.vcube.com/eventdx/virtual-shareholders-meeting】

We started providing the service in 2020, and have a result of implementation, having supported more than 200 shareholders' meetings in 2022. We support a wide range of holding methods, including participation, attendance, and completely virtual, and provide support for the various operations required, from arranging equipment and rehearsals in advance to day-of-opening operations. Virtual shareholders' meetings can be held safely and securely in accordance with laws and regulations while enhancing shareholder satisfaction.

【What is V-cube?https://jp.vcube.com/】

V-cube's mission is to "Provide Even Opportunity to everybody". By creating an environment where people can communicate "anytime" and "anywhere", V-cube is working to eliminate the diverse inequalities that arise from time-anddistance-constraints. Through visual communication, we aim to reduce the time and distance between people and interact, resolve social issues such as a declining birthrate, an aging society, long working hours, education and medical disparities, and realize a society in which all people can equally earn opportunities.

• For media inquiries : V-cube, Inc. Public Relations Office (in PRAP Japan, Inc.) E-mail:[e-mail]