Partnership with Setagaya Shinkin Bank for Reverse Mortgage Guarantee Business

Financial Do, a consolidated subsidiary of And Do Holdings (the 'Company'), which develops real estate businesses nationwide under the House Do brand, has partnered with Setagaya Shinkin Bank to provide real estate appraisal and debt guarantee services for the bank's 'Setashin Reverse Mortgage Loan', which will begin service in mid-July. With this partnership, Financial Do has now partnered with 12 out of the 23 credit unions headquartered in Tokyo, accounting for over half.

Currently, demand for retirement funds among seniors is increasing, and reverse mortgages are gaining attention nationwide.

Among these, the reverse mortgage guarantee provided by the Company has few restrictions on the use of funds. It can be used not only for living expenses, but also for refinancing housing loans, and can meet the needs of sole proprietors and business owners as business funds, allowing a wider range of customers to use it.

The Bank maintains corporate philosophies of 'serving the development of local communities' and 'pursuing the expansion of harmonious management,' striving to help customers lead prosperous lives by providing products and services tailored to their life stages and needs. To address the expanding demand for retirement funding among seniors, the Bank had been exploring products that could cover needs not fully addressed by current loan offerings. With this partnership with Financial Do, it will now offer the 'Setashin Reverse Mortgage Loan,' which allows for flexible use of funds.

As the partnering guarantee company, Financial Do will leverage the strengths of the House Do Group, including its real estate transaction expertise and a network of over 730 real estate sales stores nationwide, to perform debt guarantees based on accurate and rapid real estate appraisals, thereby supporting the Bank's new reverse mortgage initiative.

Going forward, the Company and Financial Do will continue to partner with many financial institutions to grow the reverse mortgage guarantee business, expand products for seniors with high market needs, and contribute to the revitalization of the Japanese economy by providing services that utilize real estate.