Olive Consulting and FOLIO Group Announce Business Alliance and Launch of New Product

Olive Consulting Co., Ltd. (President and Representative Director: Akira Honda, hereinafter 'Olive Consulting'), FOLIO Holdings Co., Ltd. (President, Representative Director and CEO: Shinichiro Kai, hereinafter 'FOLIO HD', and its corporate group collectively 'FOLIO Group'), and FOLIO Co., Ltd. (Representative Director: Morifumi Yotsumoto, hereinafter 'FOLIO') have concluded a basic agreement on a business alliance aimed at business expansion and corporate value enhancement by mutually utilizing their respective technologies, know-how, and management resources. Furthermore, we are pleased to announce that Olive Consulting will begin offering a new product, jointly developed with the FOLIO Group, as a financial instruments intermediary service with SBI Securities Co., Ltd. (President and Representative Director: Masato Takamura, hereinafter 'SBI Securities') as the entrusted financial instruments business operator, starting May 30. 1. Background and Purpose of the Business Alliance In Japan, the hurdle to start asset management is lowering due to the expansion of the use of regular investment quotas, triggered by the launch of the new NISA in 2024, and the expansion of new investor segments, including the younger generation, is accelerating. On the other hand, there are many people who do not engage in asset management despite feeling the necessity, citing reasons such as being too busy. Moreover, even among those who are already managing their assets, there are voices of anxiety about whether they are investing in a way that suits them. Now, Olive Consulting, which provides new asset management services for the SMBC Group, and the FOLIO Group, which provides innovative financial solutions within the SBI Group, have concluded a basic agreement on a business alliance aimed at business expansion and corporate value enhancement centered on the following items, by mutually utilizing the technologies, know-how, and management resources held by both parties. Through this initiative, we will further accelerate the trend from 'savings to investment' in Japan and contribute to the development of a sustainable economic society. - Joint development and sophistication of products: Development of products and improvement of service convenience leveraging the strengths of both parties. - Mutual cooperation to expand the customer base: Acquisition of new customers and enhancement of retention utilizing the resources of both parties. - Discussions for further expansion of the alliance scope: Building a continuous partnership to maximize future synergies. 2. Overview of the New Product 'SBI Wrap Olive Consulting Course (Nickname: Olive Wrap)' Olive Wrap is a new asset management service exclusively available to Olive Consulting customers, offering industry-lowest level*1 fees and the peace of mind*2 of being able to consult on automated management. *1: Based on a comparison with the top 10 companies in the contract asset status of wrap businesses in the 'Contract Asset Status (Latest Version) (As of End of December 2025)' published by the Japan Investment Advisers Association. As of the end of December 2025, researched by Olive Consulting. *2: Consultations are for customers with contract amounts of 10 million yen or more. (1) Fees - The burden on customers is at the industry's lowest level. We have simplified to only truly necessary functions. Achieved with fees that are easy to continue. (2) Premium Support - Regular support by advisors. For customers who contract Olive Wrap for 10 million yen or more, we offer a follow-up service by Olive Consulting advisors. We provide regular support while considering market trends and asset status. (3) Investment Strategy – Automated management by professionals. Diversified investment in 10 assets including alternative assets in addition to stocks and bonds. Achieves sophisticated asset management through agile management by FOLIO based on portfolio advice from SMBC Global Investment & Consulting Co., Ltd. Designed exclusively for Olive Wrap, which brings together the wisdom of the SMBC Group and the SBI Group, we aim for portfolio management that is less susceptible to changes in the market environment and can be entrusted for a long period. (4) Easy Procedures - Completed on a smartphone, smooth to start up to the investment phase. By answering just 7 questions, you can choose an investment style that suits you. From application to deposit, everything is smoothly completed on a smartphone. You can start from 10,000 yen, and regular investments from 1,000 yen per month are also possible. [Indication regarding the Financial Instruments and Exchange Act, etc.] Trade name, etc.: Olive Consulting Co., Ltd. (Financial Instruments Intermediary) Registration Number: Director-General of the Kanto Local Finance Bureau (Kin-Naka) No. 1082 Affiliated Financial Instruments Business Operator: SBI Securities Co., Ltd. Registration Number: Director-General of the Kanto Local Finance Bureau (Kin-Sho) No. 44, Commodity Futures Business Operator Member Associations: Japan Securities Dealers Association, Financial Futures Association of Japan, Type II Financial Instruments Firms Association, Japan Investment Advisers Association