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(Amendment to Previously Disclosed Matters) Announcement of the Acquisition of New Company of Infratop Inc.

(Amendment to Previously Disclosed Matters) Announcement of the Acquisition of New Company of Infratop Inc.

SHIFT Inc. (Head Office: Minato ku, Tokyo; President and CEO: Masaru Tange; the “Company”) refers to its announcements dated September 1, 2025, titled “(Amendment to Previously Disclosed Matters) Announcement of the Acquisition of New Company of Infratop Inc.”.
As previously disclosed, the Company entered into a share transfer agreement (the “Agreement”) to acquire shares of Roppongi Management No. 10 Inc. (Head Office: Minato-ku, Tokyo; Representative Director: Shota Isomoto), which will succeed Infratop Inc.’s (Head Office: Minato-ku, Tokyo; CEO: Shota Isomoto) education business (excluding those related to generative AI) and human resources business, through an absorption-type company split. Under the cooperative framework between the two parties, preparations have been made toward fulfilling the conditions for the share acquisition. However, due to certain delays, the scheduled execution date of the share acquisition will be changed as follows.

1. Reason for the Amendment
Since entering into the agreement, the Company has been preparing for closing. However, delays have arisen in the procedures related to obtaining the necessary licenses and permits, which were included as conditions precedent. As a result, the execution date of the share acquisition has been postponed.

(Amendment to Previously Disclosed Matters) Announcement of the Acquisition of New Company of Infratop Inc.

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