Think Nature Raises Approximately 380 Million Yen to Drive Nature-Positive Initiatives with Biodiversity Big Data

Think Nature Inc. (Headquarters: Urasoe City, Okinawa Prefecture; Representative Director CEO: Yasuhiro Kubota; Director President COO: Yosuke Masuda; hereinafter "the Company") has successfully raised approximately 380 million yen through a third-party allotment of shares. Itochu Technology Ventures Corporation, an existing shareholder, served as the lead investor, with participation from other existing and new investors.

**[Investors in This Round]** Lead Investor: Itochu Technology Ventures Corporation Existing Investors: Okinawa Cellular Telephone Co., Ltd., Okinawa Development Finance Corporation New Investors: NISSAY CAPITAL Co., Ltd. (NISSAY CAPITAL Sustainability Challenge Fund No. 1), Sumitomo Mitsui Trust Investment Co., Ltd. and SBI Shinsei Corporate Investment Co., Ltd. (Circular Economy & Nature Positive Fund No. 1 Investment Limited Partnership (hereinafter "CENP Fund"))

**[Background and Purpose of Funding]** Funds raised in this round will be allocated to strengthening the foundation for accelerating the societal implementation of nature-positive economic activities.

1. **Strengthening Collaboration with Financial and Institutional Investor Networks** Through partnerships with NISSAY CAPITAL (Nippon Life Group) and CENP Fund (Sumitomo Mitsui Trust Group), we will strongly promote the utilization of natural capital information in financial markets.

2. **Improving Global Analytical Precision and Promoting Intellectual Property Strategy** We will enhance our analysis platform, which leverages our strengths in biodiversity big data and AI, to establish superiority in evaluating impacts across the entire supply chain, and strengthen our intellectual property strategy to protect our unique technological assets.

3. **Expanding Business Foundation and Recruiting Specialized Talent** We will prepare for entry into the European market through our Finland branch and strengthen our sales and delivery systems by expanding domestic bases. Concurrently, we will actively recruit highly specialized talent to drive our business both domestically and internationally.

**[Investor Comments]** **Itochu Technology Ventures Corporation** **Shinzo Nakano, Director Partner; Kaoru Nakagami, Principal** While addressing climate change has been a long-standing requirement, recent discussions emphasize the need for deeper engagement in natural capital and biodiversity beyond climate change to ensure the continued stability of global economic and social activities. However, it is challenging for companies and public institutions to conduct specialized analysis and review of natural capital independently, leading to a growing daily demand for experts with such knowledge. Think Nature, a leading company in this industry, is currently experiencing strong demand from companies facing these challenges and continues to achieve robust business growth. As ITV, we will continue to fully support the company's business expansion.

**Okinawa Cellular Telephone Co., Ltd.** **Yasuaki Miyakura, President and Representative Director** We are proud to have continuously supported Think Nature's challenge, as an Okinawa-based company, in connecting Okinawa's strength in biodiversity to social and economic value. Think Nature has consistently built upon its research achievements with practical initiatives rooted in corporate and regional realities. Leveraging this funding round, we will work with Think Nature to promote the societal implementation of nature-positive initiatives starting from Okinawa, contributing to the creation of new regional value and a sustainable future for Okinawa.

**Okinawa Development Finance Corporation** **Industrial Promotion Investment Department** Think Nature is highly anticipated for its efforts in addressing the globally increasing demand for TNFD disclosure compliance and nature-positive support, utilizing its unique biodiversity data and AI-driven analytical technology. As a nature tech startup, our corporation highly values Think Nature's emergence from Okinawa and has made an additional investment following fiscal year 2024 to support its future global expansion.

**NISSAY CAPITAL Co., Ltd.** **Naotaka Ueda, Investment Department Manager** We are very pleased to participate as an investor in Think Nature. Globally, the transition to "nature positive" is now urgent, and the movement for companies to appropriately assess and disclose their impact on natural capital is accelerating. As we observed this market shift, we encountered Think Nature and decided to invest, highly valuing their world-leading biodiversity big data, unique analytical technology based on macroecology, and business development strongly focused on social implementation. We are confident that "visualization of nature" based on scientific evidence will become a new infrastructure for building a sustainable society. We look forward to the company's significant leap in this area, and as part of the Nippon Life Group, we will provide our full support.

**Circular Economy & Nature Positive Fund No. 1 Investment Limited Partnership** **Sumitomo Mitsui Trust Investment Co., Ltd., Unlimited Partner** **GP Business Group, Investment Unit** **Jun Yamanishi, Senior Vice President** Think Nature is a company that develops diverse solutions related to biodiversity and natural capital through data analysis based on cutting-edge scientific knowledge, directly addressing the nature-positive domain. We believed it was a company that our fund, bearing the name Circular Economy & Nature Positive, should truly support, and we are very pleased to join them. Moving forward, we intend to work diligently with Think Nature to realize the nature transformation of corporate activities and society/economy.

**[About Think Nature Inc.]** We are a nature-positive startup that applies knowledge from fundamental sciences such as biogeography and macroecology, and applied sciences such as biodiversity conservation and systematic conservation planning, within a business context.

Our vision is to "realize a world where investment in natural capital is valued and leads to a prosperous society." We aim to create a state where decisions in corporate, financial, administrative, and civic activities can be made based on "visualized information of nature" through data technology.

Our strengths lie in the highest level of data analysis, integrating big data derived from terrestrial and marine fieldwork observations and satellite observations (high-resolution visualization maps of Earth's biodiversity) with socio-economic information (logistics statistics, input-output tables, stock and futures trading information, geopolitical risks, etc.), and providing business intelligence to adapt to global environmental crises.

Our business portfolio is multifaceted, offering services such as IR disclosure support for corporations (TCFD, TNFD, and SBT compliance) and natural capital management support, harmonious implementation support for carbon neutrality and nature positive, climate and nature due diligence for institutional investors and financial institutions, Nature DX support based on local government natural capital visualization systems, and biodiversity mainstreaming (education and outreach) for citizens through a visible creature app. We aim for business growth with an integrated strategy that "simultaneously promotes corporate activities, finance, institutions, and culture, starting from science and technology."