Completion of Business Transfer of SPC Management for Domestic Alternative Investments from MUFG Finance & Leasing Co., Ltd.

Mitsubishi UFJ Trust and Banking Corporation (President: Hiroshi Kubota, hereinafter "Mitsubishi UFJ Trust and Banking") announced in January this year the completion of necessary procedures for the transfer of its Special Purpose Company (hereinafter "SPC") management business (hereinafter "this business") used for domestic alternative investments, from MUFG Finance & Leasing Co., Ltd. (President and CEO: Hiroaki Fujisue, hereinafter "MUFG Finance & Leasing"), and the business transfer by absorption-type company split has been finalized.

1. Background and Objectives of the Business Transfer

In Japan, the alternative investment market, primarily private equity, real estate, and infrastructure, continues to expand. The government's "Asset Management Nation Realization Plan" also emphasizes the importance of diversifying investment targets, including alternative investments.

Mitsubishi UFJ Trust and Banking aims to enhance its function as a financial infrastructure that stably supports the growth of alternative investments. This is achieved by combining the traditional asset management know-how and robust operational foundation cultivated over many years as a trust bank, with the SPC management services for alternative investments previously provided by MUFG Finance & Leasing.

2. Future Business Development

Moving forward, the bank aims to build a system capable of responding to the SPC management needs of diverse investors, including venture capital, and will advance the sophistication of its management and operational functions supporting alternative investments. Furthermore, by leveraging its reliability and foundation as a financial institution, it aims to contribute to improving industry quality and its sustainable development.

Mitsubishi UFJ Trust and Banking will continue to contribute to the healthy development of the market and steadily promote initiatives that contribute to the realization of an "Asset Management Nation."