EG Investment Co., Ltd. made a tender offer to acquire 17.02% stake in Eco Green Co., Ltd. for approximately ¥180 million on July 30, 2015. EG Investment Co., Ltd. will acquire 0.16 million shares of Eco Green Co., Ltd. for ¥1080 per share. Masatsugu Samejima, Hiromi Samejima, Yuichi Kobayashi, Ryoichi Okitsu, Toshikazu Nomura, Tadao Nakamura, Akemi Okitsu, Kuniko Kakefuda, Masatoshi Sugiura, Daisuke Ishii, Shinichi Sakuma, Masatoshi Sakamoto, Hirotaka Terashima, Hiroshi Nakayama, Hiroshi Ikeda, Shinagawa Kaihatsu Co., Ltd., Ayaoka Co., Ltd., Independents Co., Ltd., Jujiya KK and Japan Waste Corporation will sell stake in the transaction. EG Investment Co., Ltd. will purchase minimum 0.109 million shares of Eco Green, representing 11.35% stake in Eco Green. The transaction was resolved by the Board of Directors of Eco Green Co., Ltd. The tender offer will commence on July 31, 2015 and will close on September 10, 2015. Anderson Mori & Tomotsune acted as legal advisor for Eco Green Co., Ltd. and EG Investment Co., Ltd. SMBC Nikko Securities Inc. acted as tender offer agent for the transaction. Plutus Consulting acted as third party appraiser for the transaction.

EG Investment Co., Ltd. completed the acquisition of 17.02% stake in Eco Green Co., Ltd. on September 10, 2015.