Z : (Update) Final Report Received from the Special Advisory Committee on Global Data Governance Regarding LINE’s Handling of Data, Etc.

October 18, 2021

To whom it may concern

Z Holdings Corporation Kentaro Kawabe

President and Representative Director, Co-CEO Stock Code: 4689

(Update) Final Report Received from the Special Advisory Committee on Global Data

Governance Regarding LINE's Handling of Data, Etc.

In regards to the overseas handling of personal information of users in Japan using LINE, a communication app provided by LINE Corporation (hereinafter "LINE"), a consolidated subsidiary of Z Holdings Corporation (hereinafter "ZHD"), ZHD established the Special Advisory Committee on Global Data Governance (hereinafter "Special Advisory Committee") on March 19, 2021, a committee consisting of external experts to verify and evaluate the handling of data in the Z Holdings Group from security and governance perspectives.1

Since its establishment, the Special Advisory Committee has examined and evaluated data governance and other issues related to access to data in Japan from LINE's global bases.

Today, ZHD received the final report from the Special Advisory Committee. Please refer to the following link for the full report (Japanese only). https://www.z-holdings.co.jp/en/notice/20211018

1 Announced in "Handling of Personal Information, Etc. at LINE Corporation" dated March 24, 2021.

Disclaimer

This is an English translation of the captioned release. This translation is prepared and provided for the purpose of the reader's convenience. All readers are recommended to refer to the original version in Japanese of the release for complete information.