Net Protections: Notice Regarding Entering into a Loan Refinance Agreement

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March 28, 2022

Company name: Name of representative:

Net Protections Holdings, Inc. Shin Shibata, Chairman and

Director Representative

(Security code: 7383; 1st section of the Tokyo Stock Exchange)Requests:

Kazuharu Watanabe,

Chief Financial Officer and Director (Phone: +81-03-4530-9235)

Notice regarding the conclusion of a loan refinancing agreement

Net Protections, Inc., a wholly owned subsidiary of Net Protections Holdings, Inc. announces that the Company has decided to enter into a syndicated loan agreement (the “Syndicated Loan Agreement”) for a term loan and a line of credit incurred and the repayment of the existing LBO loan at the March 17 board meeting and has entered into the syndicated loan agreement to date.

1Overview of the Syndicated Loan Agreement

term loan

Line of credit committed

Rising

5 billion yen

7 billion yen

Use of funds

Refinancing fund

Working capital

Borrowing period / Commitment period

From March 31, 2022 to September 30, 2026

From March 31, 2022 to September 30, 2026

Arranger / Agent

Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation

Lender

Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank, Limited MUFG Bank, Ltd

Mizuho Bank, Ltd Resona Bank, Limited

Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank, Limited MUFG Bank, Ltd

Mizuho Bank, Ltd Resona Bank, Limited

2Purpose of the Syndicated Loan Agreement

Through this syndicated agreement, the term loan will be used to repay the existing LBO loan, thereby lowering and fixing interest rates. In addition, the purpose of the confirmed line of credit is to obtain working capital in a flexible and stable manner.

3Repayment of the existing LBO loan

Existing term loan Amortization

Existing term loan Ball

Existing committed line of credit

Total amount

2,750 million yen

4,105 million yen

4,500 million yen

Existing amount

(As of March 28, 2022)

2,500 million yen

4,105 million yen

Borrowing period

From March 31, 2021 to September 30, 2026

Lender

Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank, Limited MUFG Bank, Ltd

Resona Bank, Limited

Repayment date

March 31, 2022

Refund amount

6,605 million yen

Source of funds

Syndicated term loan and cash

以上

Warning

Net Protections Holding Inc. published this content on March 28, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on March 28, 2022 01:30:09 UTC.

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