W TOKYO Participates in "Uraga Dock Redevelopment and Operation Project." Leveraging TGC's Expertise for New Regional Revitalization.

W TOKYO Co., Ltd. (Head Office: Shibuya-ku, Tokyo; Representative Director: Noriyoshi Murakami; TSE Growth: 9159; hereinafter "the Company") has decided to participate in the "Uraga Dock Redevelopment and Operation Project" promoted by Yokosuka City, as a member of "Team Perry’s," led by the representative company Index Co., Ltd. We also announce that on April 30, 2026, we concluded a "Business Cooperation Agreement for the Uraga Dock Redevelopment and Operation Project" with Yokosuka City and each company of Team Perry’s. Conceptual diagram *Information content may be partially changed in the future. ● Superyacht facilities ● Hotel (back left), Condominium (residence: back right) ● Commercial facilities (left and right low-rise buildings), Pedestrian deck directly connected to the station (foreground) 1. Background and Purpose of Participation in this Project Through the Tokyo Girls Collection (TGC), the largest fashion festival in history, the Company has accumulated overwhelming dissemination power to young people and know-how in creating enthusiastic entertainment. In the redevelopment of the area around "Uraga Dock," a historical heritage that Japan should be proud of, by injecting the Company's "soft power" and "production capabilities," we have decided to participate in this project to contribute to the realization of sustainable urban development where the next generation gathers, transcending the conventional framework of tourism development. 2. Our Role: "Public Land Utilization Business Development" through Entertainment In Team Perry’s, the Company will mainly be responsible for "Public Land Utilization Business Development." We aim to maximize area value by fusing Uraga's historical background with modern entertainment. 3. Future Outlook: Establishment of a New Growth Domain, "Urban Development x Entertainment" Starting with this project, the Company will strengthen cooperation with local governments and developers nationwide, and officially advance into "regional revitalization and urban development businesses through entertainment" utilizing public facilities and idle assets. Team Perry’s will proceed with necessary surveys and preparations during fiscal years 2026-2027, conduct detailed design and construction work during fiscal years 2027-2028, and aim for phased commencement of public and private land use from fiscal year 2029 onwards. By evolving into a "production company" that maximizes the value of real spaces (places), beyond the framework of our conventional business, we will work on diversifying our revenue base and enhancing corporate value over the medium to long term. Company Name: W TOKYO Co., Ltd. (Securities Code: 9159, TSE Growth) Location: W Building, 5-28-5 Jingumae, Shibuya-ku, Tokyo Capital: 246 million yen (as of the end of December 2025) Representative Director: Noriyoshi Murakami Business Content: Branding and content production business utilizing the TOKYO GIRLS COLLECTION brand. Official Website: https://www.w-tokyo.co.jp/ The planning and production company for Tokyo Girls Collection, held twice a year since August 2005. In 2015, in cooperation with UN Friend Asia-Pacific, it held a fashion show on the theme of SDGs at the UN Headquarters in New York in May 2018. Domestically, it launched the "TGC Regional Revitalization Project" in 2015, developing local TGC events and city promotions that contentize and disseminate regional charms and assets, contributing to regional revitalization and actively promoting SDGs initiatives.