Securities Report (Domestic Investment Trust Beneficiary Certificates) - Period 2 (2025/04/04 - 2026/04/03)

Daiwa Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - Period 2 (2025/04/04 - 2026/04/03)

This report is a disclosure document prepared by Daiwa Asset Management Co., Ltd. in accordance with the Financial Instruments and Exchange Act, concerning domestic investment trust beneficiary securities under its management. The reporting period covers one year from April 4, 2025, to April 3, 2026, and includes detailed information on the investment trust’s operations, asset composition, income calculations, risk factors, and the asset manager’s business policies during this period.

The purpose of this report is to provide transparent information to investors and stakeholders, supporting informed investment decisions. The contents include the net asset value trends of each fund, investment returns, fee structures, major holdings, analysis of impacts from domestic and international market conditions, and future outlooks.

Additionally, the report outlines the company’s compliance framework, internal control systems, and governance initiatives to ensure transparency and accountability. This report will be submitted to the Financial Services Agency and simultaneously published on the company’s official website.

Investment trusts are not principal-protected products and are subject to market price fluctuations, foreign exchange risks, credit risks, and other uncertainties. The contents of this report do not guarantee future performance nor constitute an offer to sell or solicit investment. Prospective investors should carefully review the prospectus and this report before making any investment decisions.

Daiwa Asset Management Co., Ltd. remains committed to maintaining sound and transparent asset management practices to uphold investor trust and support long-term wealth creation.