Securities Report (Domestic Investment Trust Beneficiary Certificates) - 20th Period (2025/09/26 - 2026/03/25)

Carrera Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 20th Period (2025/09/26 - 2026/03/25)

This report is a document prepared in accordance with the Financial Instruments and Exchange Act to disclose material information regarding domestic investment trust beneficiary securities to investors. The reporting period spans six months from September 26, 2025, to March 25, 2026, designated as the 20th period.

Our company is committed to earning investor trust and supporting asset formation through proper investment trust management and transparent information disclosure. This report provides detailed information on investment performance, asset status, distribution plans, risk factors, and any changes in investment policies during the reporting period.

Total assets under management reached 1.18 trillion yen at the end of the reporting period, reflecting a 4.2% year-on-year growth. Primary investments are in domestic equities and bonds, with the allocation ratio to ESG-compliant securities rising to 38% of the total portfolio.

Regarding risk management, we have established a comprehensive monitoring system covering both quantitative and qualitative aspects for market risk, credit risk, and liquidity risk. Additionally, enhancements to our internal control systems have further improved regulatory compliance and operational transparency.

Going forward, we will continue our efforts to provide transparent disclosures and deliver stable investment performance, striving to meet the expectations of our investors.