Information on the Target

Advantage Advisors Inc. (hereinafter referred to as "the Company") has announced its agreement to participate in a financing round for Renaissance, Inc. (hereinafter referred to as "Renaissance"). This agreement involves the Company’s fund investing in a special purpose vehicle that will subscribe to Class A shares, unsecured convertible bonds with stock acquisition rights, and stock acquisition rights issued through third-party allocation by Renaissance. Furthermore, the Company will assist Renaissance in planning and executing various initiatives aimed at transforming it into a health solutions company dedicated to enhancing quality of life in the 100-year life era.

Industry Overview in Japan

Renaissance primarily operates within the sports club and rehabilitation sectors in Japan. With a network of 130 fitness clubs and swimming schools both domestically and internationally, the company has established itself as a key player in the sports club market. Additionally, the

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