Conclusion of Solution Utilization Partner Agreement with Joyo Bank

Green AI Inc. (Headquarters: Tokyo; Representative Director: Shintaro Suzuki; hereinafter "Green AI"), provider of the decarbonization PDCA system "Green AI," has concluded a solution utilization partner agreement with Joyo Bank, Ltd. (Headquarters: Ibaraki Prefecture; President: Tetsuya Akino; hereinafter "Joyo Bank"). The details are as follows.

Through this partnership, both companies will utilize "Green AI" to promote initiatives aimed at realizing decarbonization for regional companies and across entire supply chains.

Background In recent years, the corporate response to decarbonization has become increasingly important due to rising energy costs, stricter regulations, and demands from supply chains.

However, while progress has been made in visualizing emissions and considering reduction measures, initiatives often stall in the execution phase of managing CO2 and energy costs due to a lack of specialized personnel and difficulties in decision-making.

This partnership aims to solve these challenges and provide consistent, end-to-end support for the decarbonization of regional companies, right through to execution.

Purpose of Partnership and Overview of Initiatives Through this partnership, Green AI and Joyo Bank will establish a structure to seamlessly provide regional companies with everything from the visualization of CO2 emissions to the formulation of reduction plans and support for the execution of measures.

Joyo Bank will take on the role of providing consulting for Scope 1 and 2 reductions and financing for solution implementation to its manufacturing supply chain clients, while Green AI will support the entire process from formulating decarbonization plans to supporting their execution.

By combining Joyo Bank's regional network with our decarbonization PDCA system "Green AI," we will contribute to the decarbonization and enhanced competitiveness of regional companies.

About Green AI Inc. Green AI Inc. is a startup that promotes corporate decarbonization management by fusing the "Environment (Green)" with "Technology (AI)."

The decarbonization planning system "Green AI" provided by Green AI features the ability to quickly formulate decarbonization plans even without specialized knowledge of facilities or the environment.

AI recommends optimal measures for a company's specific fuel usage and facilities from a database of over 5,600 energy-saving and decarbonization measures. By calculating quantitative indicators such as expected CO2 reduction amounts and ROI periods, the system helps companies balance economic efficiency, productivity, and decarbonization.

Furthermore, it is an execution-oriented platform that supports not only planning (Plan) but also execution (Do), monitoring (Check), and improvement/plan modification (Act), enabling the PDCA cycle for reducing energy use and emissions to be managed for each factory or business site.

Green AI has also received the "Special Award" at the 9th Mebuki Business Award (organized by Mebuki Financial Group, Joyo Bank, and Ashikaga Bank).

The Mebuki Business Award is a business plan contest that discovers and recognizes innovative and creative business plans with potential in the region, providing winning companies with support to realize their plans and achieve further growth.

Company Overview Address: axle Ochanomizu, 3-28-5 Kanda Ogawamachi, Chiyoda-ku, Tokyo Representative Director and CEO: Shintaro Suzuki Business Description: Development and provision of decarbonization PDCA systems Founded: March 2023 Corporate URL: https://greenai.app/

[Inquiries regarding this matter] Green AI Inc. Contact: Watanabe Email: press@grn-ai.com