Roland Corporation announced that the borrowing of fund (refinance) has been made decision on January 26, 2023. The company will refinance the borrowing of funds for the acquisition of the Shares of Drum Workshop Inc. to a long-term loan. Lenders: Resona Bank, Limited.

and several financial institutions. Amount of loan: JPY 10,700 million. Loan interest rate: Fixed interest rate.

Loan execution date: End of January, 2023. Borrowing period: 9 years and 11 months. Status of security and guarantee: Unsecured and Unguaranteed.