Notice Regarding Absorption-Type Merger among the Company’s Consolidated Subsidiaries (Successor Company: ALH Inc.)

SHIFT Inc. (“SHIFT,” headquartered in Minato-ku, Tokyo, Japan; Masaru Tange, CEO and Representative Director) hereby announces that its consolidated subsidiary, ALH Inc. (“ALH,” headquartered in Meguro-ku, Tokyo; Shoji Hatakeyama, Representative Director), resolved at a Board of Directors meeting held today to conduct an absorption-type merger (the “Reorganization”) with two companies: SPST Inc. (“SPST,” headquartered in Chiyoda-ku, Tokyo; Yudai Nishida, Representative Director) and TRUST BRAIN Co., Ltd. (“TRUST BRAIN,” headquartered in Chuo-ku, Kobe; Shoji Hatakeyama, Representative Director).
As the Reorganization constitutes a merger among consolidated subsidiaries of SHIFT, certain disclosure items and details have been omitted.

1. Purpose of the Reorganization
SPST engages in IT infrastructure design and related services and joined the SHIFT Group in November 2020. TRUST BRAIN, headquartered in Kobe, develops medical software and provides business and logistics solutions, and joined the SHIFT Group in July 2023.
In the Reorganization, we will consolidate two companies with specialized expertise into ALH to improve management resource efficiency. The Reorganization also forms part of the back-office sharing (consolidation) initiative disclosed today*, and the SHIFT Group will further promote the AI transformation of back-office operations.
In addition, ALH will succeed to TRUST BRAIN’s Kobe headquarter, thereby strengthening its business foundation in the Kansai region.
* “Notice Regarding Consolidation of Back-Office Functions of 15 SHIFT Group Companies through an Absorption-Type Company Split,” dated May 26, 2026.

For further details, please see here.