Starts Proceed Investment Corporation announced that it will repay before maturity part of the loan that was announced in the Notice Concerning Borrowing of Funds dated March 27, 2024. Details are as follows. Lender is Resona Bank, Limited.

Loan Amount is JPY 4,000 million. Drawdown Date is March 29, 2024. Principal Repayment Date is November 22, 2024.

Interest Rate is Base interest rate (JBA 1-month Japanese Yen TIBOR) +0.33%. Borrowing Method is Borrowings under a loan agreement (Term Loans 3B) concluded on March 27, 2024. The lender is the lender stated above.

Principle Repayment Method is Paid in full upon maturity. Collateral is Unsecured. Guarantee is Unguaranteed.

The interest payment dates shall be the last day of April 2024 and the last day of every month thereafter (however, in the event that one of these days is not a Interest Payment Date business day, the business day immediately preceding it) and the principal repayment date. Amount of the Early Repayment is JPY 915 million. Date of Payment before Maturity is April 30, 2024.

Funds for Payment before Maturity is proceeds from the disposition of Proceed Toritsu Daigaku on April 26, 2024.