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Notice Regarding the Simplified Absorption-Type Company Split with SHIFT Growth Capital Inc. and the Simplified Absorption-Type Merger of KINSHA Co., Ltd

Notice Regarding the Simplified Absorption-Type Company Split with SHIFT Growth Capital Inc. and the Simplified Absorption-Type Merger of KINSHA Co., Ltd

SHIFT Inc. (“SHIFT,” headquartered in Minato-ku, Tokyo, Japan; Masaru Tange, CEO and Representative Director) hereby announces that, at a meeting of its Board of Directors held on October 14, 2025, it resolved to implement the following organizational restructuring.

I. SHIFT Growth Capital Inc. (“SGC”), a consolidated subsidiary of SHIFT, which currently holds 100% of the shares of KINSHA Co., Ltd. (Head Office: Kyoto City, Kyoto Prefecture; Representative Director:
Shinichi Sakata, “KINSHA”), will transfer those shares to SHIFT through a simplified absorptioncompany
split.

II. Following this transaction, KINSHA will be merged into SHIFT through a simplified absorption merger
(tax-qualified scheme without consideration).

Notice Regarding the Simplified Absorption-Type Company Split with SHIFT Growth Capital Inc. and the Simplified Absorption-Type Merger of KINSHA Co., Ltd

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