October 8, 2021

For Immediate Release

Company name: First Brothers Co., Ltd.

President:

Tomoki Yoshihara

(TSE First Section, Stock code: 3454)

Inquiries:

Chief Financial Officer

Yoshinobu Hotta

(Tel: +81-3-5219-5370)

Notice Regarding Sale of Real Estate for Sale by Consolidated Subsidiary

On October 8, 2021, Shimizumon Management Co., Ltd., a consolidated subsidiary of First Brothers Co., Ltd., determined to sell the following real estate for sale. We note that we the parent company, First Brothers Co., Ltd., also resolved to approve this transaction on the same day.

1. Property to be Sold and Transaction Summary

(1) Location

Kunitachi, Tokyo

(2) Asset to be

Real estate for lease

transferred

(3) Buyer

Undisclosed

We have refrained from disclosing the identity of the buyer due to non-

disclosure requirements included in our sales contract with the buyer.

(4) Selling price

Undisclosed

We have refrained from disclosing the selling price of the property due to

non-disclosure requirements included in our sales contract with the buyer.

The selling price of the property is equivalent to at least 10% of our

consolidated net sales in the fiscal year ended November 30, 2020.

(5) Delivery date

Late October 2021 (planned)

2. Outlook

The impact of this transaction has been factored into our consolidated earnings forecast for the fiscal year ending November 30, 2021, which was released on January 8, 2021. We will promptly make an announcement in the event future evaluation reveals matters that warrant disclosure.

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Disclaimer

First Brothers Co. Ltd. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 08:01:02 UTC.