Dirbato Acquires Icon Consulting Holdings

## Announcement Regarding Dirbato's Acquisition of Icon Consulting Holdings

Dirbato Co., Ltd. (hereinafter "the Company") has acquired shares of Icon Consulting Holdings (Headquarters: Singapore, CEO: Harjit Khatkar) and made it a group company.

Under the mission "Delivering Joy to the World through Technology," the Company provides IT consulting services. We strive to enhance the market value of IT consultants and engineers in the industry and provide high-quality services to our clients. As part of this endeavor, we are actively promoting M&A and capital alliances.

Icon Consulting Holdings, through its core operating company Icon Consulting Group, operates primarily in SAP-related staffing and IT consulting under the vision of "facilitate partnering the right talent with the right opportunities."

Led by founder and CEO Harjit Khatkar, the company has achieved rapid growth, primarily in the Asia-Pacific region and Europe. Since 2024, supported by the Japanese investment fund Felicity Global Capital (formerly ACA Investments), it has accelerated its international expansion. Against the backdrop of its network with Japanese companies, this has led to a strategic alliance and share transfer with the Company, which is also aiming for global expansion.

Through this acquisition, we will accelerate our global expansion. We will continue to promote our business to realize our mission by enhancing the talent value of IT consultants and engineers active in the industry abroad.

### Comment from Harjit Khatkar, CEO of Icon Consulting Holdings
"This M&A is a transformative opportunity for Icon. Joining the Dirbato group allows us to gain support from an organization with a strong growth orientation while maintaining our commitment to the excellence we hold dear. This will further strengthen Icon's position as a partner in global SAP, IT services, and digital transformation, enabling us to capture further business opportunities in existing and emerging markets."

### Comment from Hidehide Kanayama, Representative Director and President of Dirbato
"We are very pleased to welcome Icon Consulting to the Dirbato family. Their track record, exceptional positioning in the SAP field, and excellent management led by Mr. Harjit Khatkar align with our vision for overseas expansion. By leveraging Icon's expertise and global network, Dirbato will create new opportunities and we intend to accelerate our growth together."

### Overview of the Group Company
- Name: Icon Consulting Holdings
- Headquarters: 60 Anson Road, #17-123 Mapletree Anson, Singapore 079914
- Representative: Chief Executive Officer Harjit Khatkar
- Business Description: SAP staffing and IT consulting services
- URL: http://www.iconconsultinggroup.com

### Share Acquisition Date
April 8, 2026 (Wednesday)

### Overview of Dirbato
- Name: Dirbato Co., Ltd.
- Headquarters: Midtown Tower 32F, 9-7-1 Akasaka, Minato-ku, Tokyo
- Representative: Hidehide Kanayama, Representative Director and President
- Business Description: Technology consulting
- URL: https://www.dirbato.co.jp/