ExaWizards and Sumitomo Mitsui Financial Group Sign Capital and Business Alliance Agreement

ExaWizards Inc. (Minato-ku, Tokyo, President & CEO: Makoto Haruta, hereinafter "ExaWizards") is pleased to announce that it has entered into a Capital and Business Alliance Agreement (hereinafter the "Alliance") with Sumitomo Mitsui Financial Group, Inc. (President Group CEO: Tatsuo Nakajima, hereinafter "SMFG", and collectively with its group companies, "SMBC Group"). The Alliance aims to promote the mid-to-long-term utilization of AI and DX, focusing on business transformation and product development utilizing AI. ExaWizards will invest in human resource recruitment and development, and future M&A, and as SMBC Group's AI strategy partner, will support business reform and advancement through AI agents, establish AI-driven development processes, and jointly explore new business opportunities.

☑ Background and Objectives of the Alliance

AI technology is making remarkable progress, and its application is expanding beyond tasks like research and analysis to areas where it can autonomously perform complex operations as an agent.

In light of these environmental changes, SMBC Group has been promoting the introduction of AI in various business operations and working to create an environment where employees can effectively utilize AI.

Meanwhile, with the declining working population, we are fundamentally reviewing internal operations and accelerating the implementation of AI, not only for internal business but also for customer-facing products, to maximize the value provided to our customers.

In this context, ExaWizards, with its mission to "realize a happy society through solving social issues with AI," has been developing and providing AI and generative AI solutions and products. With its extensive track record, AI technology, and implementation capabilities, it contributes to improving business efficiency and productivity for companies.

Through this Alliance, ExaWizards' AI technology, human resources, and implementation know-how will be combined with SMBC Group's business knowledge, customer challenges, and financial products to create use cases in each business domain, define requirements, and accelerate development and implementation. In the mid-term, we also envision collaboration on the sale of AI products jointly developed by both companies, and ExaWizards will expand and provide engineers responsible for AI development and implementation within SMBC Group.

☑ Overview of Capital Alliance

ExaWizards will conduct a third-party allotment of new shares with SMFG as the allottee, as follows. Please refer to the timely disclosure announced today for details of this matter.

Number of New Shares Issued: 9,550,000 shares

Issue Price: 565 yen per share

Total Issue Price: 5,395,750,000 yen

Method of Offering or Allotment: Third-party allotment

Allottee: SMFG (9,550,000 shares)

Payment Date: April 16, 2026

After the issuance of common shares, SMFG's voting rights ratio will be 10.00% (rounded down to the third decimal place).

[Sumitomo Mitsui Financial Group Company Overview]

Company Name: Sumitomo Mitsui Financial Group, Inc.

Location: 1-1-2 Marunouchi, Chiyoda-ku, Tokyo

Established: December 2002

Representative: Tatsuo Nakajima, President Group CEO

Business Activities: Management of banking and other companies that can be subsidiaries under the Banking Act, and related businesses.

URL: https://www.smfg.co.jp/

[ExaWizards Company Overview]

Company Name: ExaWizards Inc. (Securities Code 4259)
Location: Sumitomo Fudosan Mita First Building 5F, 4-2-8 Shibaura, Minato-ku, Tokyo

Established: February 2016
Representative: Makoto Haruta, President & CEO
Business Activities: Industrial innovation and social problem solving through the development of services utilizing AI
URL: https://exawizards.com/