#1© 2023 SYLA Technologies CO., LTD. All rights reserved. SYLA Technologies SYLA Technologies Co., Ltd. Investor Presentation July 1, 2023#2SYLA Technologies Forward-Looking Statements This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward- looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Factors that may cause actual results to differ materially from current expectations include, among other things, those listed under the heading "Risk Factors" and elsewhere in the annual report on Form 20-F for the fiscal year ended December 31, 2022 that we have filed with the U.S. Securities and Exchange Commission (the "SEC"). Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Past performance is not indicative of future results. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a total risk of loss. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 1#3SYLA Technologies Risk Factors Our business and our ability to execute our business strategy are subject to a number of risks as more fully described in the section titled "Risk Factors" of our annual report on Form 20-F for the fiscal year ended December 31, 2022, as filed with the SEC. These risks are not presented in the order of importance or probability of occurrence. If any of the following risks actually occurs, our business, financial condition and results of operations could be materially adversely affected. These risks include, among others: ●It may not be possible for investors to effect service of process within the United States upon most our directors, corporate auditors and executive officers, or to enforce against us or those persons judgments obtained in U.S. courts predicated upon the civil liability provisions of the federal securities laws of the United States. ● Substantially all of our revenues are generated in Japan, but an increase of our international presence could expose us to fluctuations in foreign currency exchange rates, or a change in monetary policy may harm our financial results. Our functional currency and reporting currency is the Japanese yen. We are subject to the effects of exchange rate fluctuations with respect to any of these currencies which, among other factors, may be influenced by governmental policies and domestic and international economic and political developments. If our non-Japanese revenues increase substantially in the future, any significant change in the value of the currencies of the countries in which we do business against the Japanese yen could adversely affect our financial condition and results of operations due to translational and transactional differences in exchange rates. We cannot predict the effects of exchange rate fluctuations upon our future operating results because of the number of currencies involved, the amount of our revenues that will be generated in other countries, the variability of currency exposures, and the potential volatility of currency exchange rates. We do not take actions to manage our foreign currency exposure, such as entering into hedging transactions. • As a "foreign private issuer" we are permitted, and intend, to follow certain home country corporate governance and other practices instead of otherwise applicable SEC requirements and requirements of The Nasdaq Capital Market ("Nasdaq"), which may result in less protection than is accorded to investors under rules applicable to domestic U.S. issuers. Our status as a foreign private issuer exempts us from compliance with certain SEC laws and regulations and certain Nasdaq regulations, including certain governance requirements such as independent director oversight of the nomination of directors and executive compensation. Further, consistent with corporate governance practices in Japan, we do not have a standalone compensation committee or nomination and corporate governance committee under our board. In addition, we are not required under the Securities Exchange Act of 1934, as amended (the "Exchange Act") to file current reports and financial statements with the SEC as frequently or as promptly as U.S. domestic companies whose securities are registered under the Exchange Act and we are generally exempt from filing quarterly reports with the SEC. Also, we are not required to provide the same executive compensation disclosures regarding the annual compensation of our five most highly compensated senior executives on an individual basis as are required of U.S. domestic issuers. As a foreign private issuer, we are permitted to disclose executive compensation on an aggregate basis and need not supply a Compensation Discussion & Analysis, as is required for domestic companies. Furthermore, as a foreign private issuer, we are also not subject to the requirements of Regulation FD (Fair Disclosure) promulgated under the Exchange Act. These exemptions and accommodations will reduce the frequency and scope of information and protections to which you are entitled as an investor. For a detailed description of our home country corporate governance practices, see Part II, Item 16G, "Corporate Governance" of our annual report on Form 20-F for the fiscal year ended December 31, 2022. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 2#4SYLA Technologies As an "emerging growth company" under the JOBS Act, we are permitted to rely on exemptions from certain disclosure requirements. Public health epidemics or outbreaks (such as the novel strain of coronavirus (COVID-19)) could adversely impact our business. Rights of shareholders under Japanese law may be different from rights of shareholders in other jurisdictions. There is a risk that we will be a passive foreign investment company (which we refer to as "PFIC”) for the current or any future taxable year, which could result in material adverse U.S. federal income tax consequences if you are a U.S. holder. If we are unable to implement and maintain effective internal control over financial reporting in the future, investors may lose confidence in the accuracy and completeness of our financial reports and have an adverse effect on the value of our securities. ● The asset management platforms may not operate as we anticipate. If the security of our investors' confidential information stored on the asset management platforms is breached or otherwise subjected to unauthorized access, their secure information may be stolen. Any significant disruption in service on the asset management platforms or in their computer or communications systems could reduce their attractiveness and result in a loss of users. Inappropriate business behavior of entrepreneurs raising funds via our platforms could result in reputational or financial damages to our business. Our crowdfunding platform operates on an online distribution model and is, therefore, subject to internet cyber risk. Real estate development projects are subject to numerous risks outside the Company's control such as delays in permitting and other governmental approvals, increased costs, and labor shortages. Failure to manage land acquisitions, inventory and construction and development processes could result in significant cost overruns or errors in valuing sites. If land is not available at competitive prices, our sales and results of operations could be adversely affected. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 3#5SYLA Technologies If the value of our land inventory decreases, our results of operations could be adversely affected by impairments and write- downs. A material amount of our revenues may be concentrated in one or more large customers. If we lose or experience a significant reduction in sales to such key customers, our revenues may decrease substantially and our results of operations and financial condition may be harmed. Historically, we have relied to a material extent on certain suppliers. If we encounter delays or difficulties in securing the required materials from such suppliers and are unable to find replacements or immediately transition to alternative suppliers, the lack of supplies delaying the production of our products could have a material adverse effect on our financial condition, results of operations and reputation. If we experience shortages in labor supply, increased labor costs or labor disruptions, there could be delays or increased costs in developing our real estate, which could adversely affect our operating results. Raw materials and building supply shortages and price fluctuations could delay or increase the cost of commercial and residential property construction and adversely affect our operating results. ● The illiquidity of real estate investments could significantly impede our ability to respond to adverse changes in the performance of our properties. • We may not make a profit if we sell a property. ● The consideration paid for our target acquisition may exceed fair market value, which may harm our financial condition and operating results. We may also be unable to lease vacant space or renegotiate existing leases at market rates, which would adversely affect our returns on a target acquisition. A material reduction in the retail price of traditional utility generated electricity or electricity from other sources could harm our business, financial condition, results of operations and prospects. Existing electric utility industry regulations, and changes to regulations, may present technical, regulatory and economic barriers to the purchase and use of solar energy systems that may significantly reduce demand for our solar energy systems. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 4#6SYLA Technologies Our business currently depends on the availability of rebates, tax credits and other financial incentives. The expiration, elimination or reduction of these rebates, credits and incentives would adversely impact our business. Our ability to provide solar energy systems to customers on an economically viable basis depends on our ability to help customers arrange financing for such systems. If we cannot compete successfully against other solar and energy companies, we may not be successful in developing our operations and our business may suffer. With respect to providing electricity on a price-competitive basis, solar systems face competition from traditional regulated electric utilities, from less-regulated third party energy service providers and from new renewable energy companies. Developments in alternative technologies or improvements in distributed solar energy generation may materially adversely affect demand for our offerings. A significant slowdown in the growth of Al-related markets could affect our business and earnings. Even if the market does grow, there is a possibility that we may not be able to grow at a similar pace and at a steady pace. Al services developed by us may become obsolete due to groundbreaking technological innovations or the entry of competitors with financial and brand power. If we are unable to provide sufficient Al services due to our inability to secure development personnel with a certain level of skills, which results in a decline in the value of our services, our business or financial performance may be affected. ● There can be no assurance that we will be able to comply with Nasdaq's continued listing standards. The trading of our ADSS could experience extreme stock price run-ups followed by rapid price declines and strong stock price volatility as experienced in recent initial public offerings. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. LO 5#7SYLA Technologies © 2023 SYLA Technologies CO., LTD. All rights reserved. COMPANY Overview 6#8SYLA Global Real Estate Crowdfunding Companies Technologies FUNDRISE Number of registered members 387k* REALTY MOGUL 274k* SYLA 264k Technologies *based on our research https://fortune.com/2022/07/09/rental-property-homes-recession-proof-investment-fundrise-ben-miller/ https://www.goodfinancialcents.com/best-fundrise-alternatives/#2-realtymogul Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 7#9SYLA Growth Potential of the Real Estate Crowdfunding Market Technologies (Unit: 100 million USD: 1USD=131.81JPY) 0000 1.76 0.42 0.70 0.10 2018 2019 2020 2021 3.85 2022 113.80 2026 The real estate investment crowdfunding market is expected to grow at a high rate globally *GrowShip Partners Co., Ltd. Website Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 8#10SYLA No.1 Share of Domestic Real Estate Crowdfunding Market in Terms of Members Technologies (1USD=131.81JPY) One of the Largest Asset Management Platforms in Japan Exhibiting real estate projects Making "supportive" investment 利回りくん Rimawari-kun Real Estate Crowdfunding Rimawari-kun Apartment Management SYLA (Planner & Administrator) Rimawari-kun Solar Rimawari-kun Pro SYLA Recruiting supporting investors through Rimawari-kun 利回りくん PLATFORM Rent from tenants Acquisition fees: 3-6% Social contribution, regional development, and support for someone's dreams through real estate investment Supporter (Investor) Asset management fees: 1-2% Dividend Rimawari-kun is a real estate-based fundraising platform with the No. 1 membership in Japan (264,000 members), enabling realization of financing for businesses with the concept of "social contribution, regional development, and 'supportive' investment in someone's dreams." Investors can complete all transactions online. Investment can be made from as low as 76 USD per investment unit. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 9#11SYLA Minimum Investment Unit As Low As 76 USD Technologies (1USD=131.81JPY) Unique Marketing Rakuten Data Marketing Ability to Attract Content Lower class (Less than $227,600 USD) Middle class ($227,600 USD $379,300 USD) Semi-affluent ($379,300USD $758,700USD) : $4.98 trillion USD (42,157,000 households) $4.29 trillion USD (10,539,000 households) Asset Management Platform 利回りくん *Rimawari-kun with service logo 利回りくん Rimawari-kun (Real estate crowdfunding) 利回りくん × マンション経営 Rimawari-kun Apartment Management (Investment apartment) 利回りくん × ソーラー Rimawari-kun Solar (Solar power plant) Affluent ($758,700USD $3,793,000USD) Super-affluent ($3,793,000USD or more) $2.53 trillion USD (1,327,000 households) 利回りくん × プロ動 Rimawari-kun Pro (Whole residence and building) Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 10#12SYLA Features of the "Rimawari-kun" Asset Management Platform Technologies D $0 01 02 Unique marketing Al-based marketing by tier of financial asset holdings Crowdfunding for the masses, "Rimawari-kun" Pro for corporations and high net worth individuals Linkage with Rakuten Points Reach 100 million people by linking with Rakuten Points Exclusive marketing collaboration in the real estate industry Focused Content 03 Developing products that resonate with investors, such as support funds Disseminating attractive content such as social contribution, regional development, and experiential UX Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 11#13SYLA Future Initiatives of Rimawari-kun Technologies 01 02 Introduction of Rakuten ID Connect Option Customers can register as a member of Rimawari-kun using their Rakuten ID Significantly reduces entry work at registration Such usability improvements accelerate Rimawari-kun member acquisition → Rakuten 利回りくん Release of Rimawari-kun App Scheduled to be released in July 2023 Identity confirmation will be completed by just holding your phone over your Individual Number Card Minimum of 1 minute from registration to investment Conversion from Rakuten Points to Rimawari-kun Points 03 1 regular Rakuten Point can be converted to 1 Rimawari-kun Point Rimawari-kun Points can be used to invest in funds Utilizing Rimawari-kun Points allows for better returns Pi R POINT (Regular points) 1 Point = 1 Point ファンド ZERIMEX ロケットファンド 574 207,370,000 R Rimawari-kun Points Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 12#14SYLA Many Attractive Projects Generating a Lot of Public Empathy Technologies (1USD=131.81JPY) Animal Protection INUNEKO HILLS Animal Friendly Development Project Total amount of subscriptions $1.18m USD Total amount applied for Technological Innovation Space Business Development with Horiemon Total amount of subscriptions $2.24m USD Total amount applied for Entertainment $1.22m USD $3.13m USD Rate of achievement 103% Rate of achievement 140% Rate of achievement Senior Care Solutions New Era Asset Formation Rate of achievement 191% Nursing Care x loT Senior Tech Apartments Total amount of subscriptions $0.29m USD Total amount applied for $0.55m USD Rate of achievement 103% Streamer Support Apartment Total amount of subscriptions $0.52m USD Total amount applied for $0.54m USD Solar Data Center Total amount of subscriptions $0.07m USD Total amount applied for $1.15m USD 1,595% Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 13#15SYLA Case Study 1: Taiki Town Rocket Factory Fund Technologies (1USD=131.81JPY) 01 Rocket Venture, a project funded by Takafumi Horie Interstellar Technologies, Inc. Support groundbreaking space exploration through real estate investment Funds totaling approximately 6.3m USD raised in a total of approximately 14 days ROI = 5.71% SPECIAL SUPPORTER Takafumi Horie INTERSTELLAR TECHNOLOGIES Japanese businessman, author, investor and TV personality. Founder of Interstellar Technologies Inc. Takafumi has been involved in a wide range of activities including space-related businesses, authoring, and producing popular apps. Phase 1 Welding and Assembly Shop Part 2 Structural Test Building Part 3 Fuel Test Building Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 14#16SYLA Case Study 2: INUNEKO Hills Animal Safety Fund Technologies (1USD=131.81JPY) 02 Project to support and invest in Yusaku Maezawa's dreams and challenges Investment to support Yusaku Maezawa's initiative to save domestic pets. Contribute to society by supporting activities to shelter stray or left-behind dogs and cats. SPECIAL SUPPORTER Yusaku Maezawa m Founder of the ZOZO Corporation, 7.5 billion USD market cap company in 2018, Yusaku became the first Japanese private citizen to travel to and stay on the International Space Station. In 2023 he plans to be the first private citizen to orbit the moon aboard the Starship, a large rocket being developed by SpaceX- Elon Musk. Special Supporter Yusaku Maezawa Silent Partners Project Value $1.26m USD (Subscribed Value $1.18m USD) Purchase of Target Realty Target Realty INUNEKO HILLS Donation $758 USD p.a. General incorporated Association: Dog and Cat Welfare Foundation Supporting Investors Fund Operator Investment in support Preferred Investors Subordinate capital participation Rent Contract Dividend 3.67% p.a. SYLA Exit by sales of realty under management and profit sharing Upon delivering 4% dividend p.a. to investors SYLA Technologies Rent Fee Rent Fee Rent Contract Tenants Caring abandoned dogs and cats Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 15#17SYLA Business Environment Surrounding Asset Management Platforms Technologies (1USD=131.81JPY) E2 01 $15.2 trillion USD in personal financial assets, of which 54.2% are cash and deposits Heightened interest in asset management because of inflation Deregulation in government policies support shift from saving to investing 02 -0 Government debt 2.5 times GDP in Japan Increased tax burden due to higher social security costs $ Pension reductions make personal asset formation a MUST 03 The real estate industry has 0 online transactions With the law amendment in 2022, an increase in the percentage of online real estate transactions is expected Real estate IDs are expected to increase transparency of information Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 16#180000 SYLA Online Real Estate Transactions Expected to Increase Technologies Online Transaction Ratio in Other Industries Banks Internet banking utilization 66.0% 0000 Online Transaction Ratio in the Real Estate Industry Securities Online transactions 50.2% Real Estate Online transactions *Online reservation ratios for beauty, travel, food and beverage, etc. exceed 40%. 0% **The percentage of online transactions is expected to increase as the law was amended on May 16, 2022, to allow online transactions. **MyBoscom's "Survey on Internet Banking" (2021) The Japan Securities Dealers Association's "National Survey on Securities Investment (Summary of Survey Results)" (2021) **Website of Japanese Ministry of Land, Infrastructure, Transportation and Tourism (April 27th, 2022) Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 17#19SYLA Potential Market Size of Further Real Estate Financing Technologies (1USD=131.81JPY) Income-Producing Real Estate Market Size Bank Real Estate Loans Potential Market Size Approx. $2.1 T USD - $0.6 T USD = $1.4T USD Rimawari-kun supplements banks, performing an indirect financial function. Refer to the figures for rental housing from Nissay Research Institute, "Real Estate Investment Market Size in Japan (1) 3-. Asset Size by Use" from March 12, 2021. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 18#20SYLA GRCF (Government Real Estate Crowdfunding) Technologies Negative spiral in public facilities Continued deficit Repair costs Reconstruction costs • Know-how of private operators ●Continued operations and major repairs would cost millions of USD • Reconstruction is not possible by municipalities • Utilization of subsidies for reconstruction and rent Solving problems through collaboration Rehabilitation of "non-performing" assets Investment Social contribution helping public finances • Growing interest in investment Supporting investors Advantages Dividends Returns ✓ Planning to offer benefits of more than just financial return on investment ✓ Started initiatives for childcare support housing through industry-government-academia collaboration with Okayama University ** OKAYAMA UNIVERSITY Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 19#21SYLA SYLA Group Sales Trend (Consolidated) Technologies (Unit: thousand USD: 1USD=131.81JPY) 0000 220,000 200,000 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 2,550 70,497 59,574 55,014 48,806 38,580 29,952 99,690 82,297 83,890 77,946 126,435 187,391-202,564 167,330 2011 2012 2013 2014 2015 2016 2016 *December 2017 2018 2019 2020 2021 2022 2023 Forecast Financial statements in or before fiscal year 2019 have not been audited by an independent auditing firm. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 20 20#22SYLA Business Growth through Platform Expansion (Consolidated) Technologies (Unit: million USD: 1USD=131.81JPY) 0000 220 200 180 160 140 120 100 100 Net Revenues 126 167 0000 47 187-202 42 37 32 Gross Profit 27 27 24 21 22 17 41-45 80 12 2020 2021 2022 2023 Forecast 2020 2021 2022 2023 Forecast Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 21 21#23SYLA Technologies Business Growth through Platform Expansion (Consolidated) Income from Operation (Unit: million USD: 1USD=131.81JPY) 0000 Income from Operation 8.00 7.00 6.00 5.17 5.00 5.92 6.45 - 7.43 4.00 2021 2022 2023 Forecast Legal and professional expenses for the costs for IPO to NASDAQ over 2022 and 2023 (forecast) 5.96M USD Depreciation expenses FY2023 (Forecast) FY2022 2.67M USD 2.33M USD Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 22#24SYLA Contact Us Technologies ■Investor Relations Gateway Group, Inc. Matt Glover and Thomas Thayer [email protected] (949) 574-3860 ■Company SYLA Technologies Co., Ltd. Ebisu Prime Square Tower 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo, Japan +81 3-4560-0650 https://syla-tech.jp/en Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 23#25SYLA Technologies © 2023 SYLA Technologies CO., LTD. All rights reserved. APPENDIX 24 24#26SYLA About Us Technologies (1USD=131.81JPY) Our company consists of SYLA Technologies Co., Ltd. and its consolidated subsidiaries (SYLA Co., Ltd., SYLA Solar Co., Ltd., SYLA Brain Co., Ltd., and SYLA Biotech Co., Ltd.). Our mission is to democratize real estate investment around the world and to enrich the 100-year life era with technology and asset management on the Rimawari-kun platform. We are engaged in the overall investment condominium business, including planning, development, construction, sales, rental management, building management, repair work, and the sale of properties. SYLA by the Numbers: . • Net sales: $167.36m USD • Number of registered members: 264,000 • Units managed: 3,193 Rental income: $13.22m USD SYLA SYLA SOLAR SYLA BRAIN SYLA BIOTECH Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 25#27SYLA The MANAGEMENT TEAM Technologies Hiroyuki Sugimoto CEO & Director Yoshiyuki Yuto COO & Director Takahide Watanabe CSO & Director Takeshi Fuchiwaki CGO & Director Nobuo Higuchi CFO Taku Okawa CTO Li Tianqi CAIO Shinsuke Nuriya CIO Mitsuhiro Kawashima Executive Officer Makoto Ariki Executive Officer 2 2 2 Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 26#28SYLA The MANAGEMENT TEAM Technologies Tomoyoshi Uranishi Independent Director Ferdinand Groenewald Independent Director Stuart Gibson Independent Director Keiji Torii Independent Director Yozo Tachibana Independent Director Ikuo Yoshida Corporate Auditor Yoshihide Sugimoto Corporate Auditor Keiko Yokoyama Corporate Auditor Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 27#29SYLA Philosophy Technologies 1. MISSION 2. VISION 3. TARGET Enriching the 100-year life era with technology and asset management Love and technology enduring beyond the century Real estate asset management through the platform to solve social problems Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 28#30SYLA History Technologies (1USD=131.81JPY) 2010 Nov. SYLA is born. D 2012 Jun. Started sales of the first in-house brand condominium "SYFORME Iriya". 2013 Apr. 2014 Sep. SYFORME series achieved 100% occupancy rate. First customer appreciation event held. SYLA 2009 Mar. 2011 Nov. SYLA Technologies is established. Launched a $30m USD scale project. Became an official sponsor of the Tohoku Rakuten Eagles 2015 Jul. First renovation project started. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 29#31SYLA History Technologies (1USD=131.81JPY) 2016 Nov. Started sales of condominiums for vacation rentals in special zones 2017 Jul. 2022 Feb. M&A of a company that is a solar power generation system integrator that owns a power company 2018 Jul. "SYFORME HIGASHI-SHINJUKU II" received the Excellent Business Award. Mar. Certified as environmentally friendly ZEH-M (ZEH Mansion) Oriented May. Rimawari-kun becomes the No. 1 real estate crowdfunding service in Japan in terms of members. Established a new company to operate a container data center with a 100% renewable energy rate. Group Revenues exceeded $76m USD. 2020 Jan. Launched sales of the industry's first SENIOR TECH MANSION® 2019 Jan. Achieved the highest occupancy rate of 99.88% for all leased properties under management. 2021 Jun. Launched Real Estate Crowdfunding Platform "Rimawari-kun" 社会 応援型不動産クラブァン 利回りくん 応援を、新しいカタチで。 Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 30#32SYLA Examples of Real Estate Properties Owned by the Group Technologies ▼ Galician Hills Nishiazabu ▼SYLA DAIKANYAMA SYLA DAIKANYAMA DAIKANYAMA SYLA ▼ Mistral Point SYLA SYLA ▼ Other properties held for income Roppongi Building SYFORECITY SHIBAURA Hotel Condominium Hayama, etc. Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 31#33SYLA Project MAP Technologies We develop real estate in Japan, primarily 23 districts in Tokyo. JAPAN Laaga ရရ 23 districts in Tokyo Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 32 32#34SYLA Condensed Income Statement (Consolidated) Technologies (Unit: thousand USD: 1USD=131.81JPY) 0000 Net Revenues Cost of revenues FY 2021 FY 2022 Variance 126,435 167,330 32.35% 102,544 139,989 36.52% Gross profit 23,891 27,341 14.45% Gross profit margin 18.90% 16.34% Selling, general and 18,714 * 21,433 14.51% administrative expenses Income from operations 5,177 5,908 14.22% Net income attributable to SYLA 2,105 2,996 42.60% Technologies Co., Ltd. * $2,810 thousand in legal and professional expenses for the costs for IPO to NASDAQ Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 33#35SYLA Condensed Balance Sheet (Consolidated) Technologies (Unit: thousand USD: 1USD=131.81JPY) C000 Current assets FY 2021 FY 2022 Variance (2021 vs 2022) 67,854 108,489 59.89% Cash and deposits* 22,024 21,785 -1.09% Inventories 38,552 79,791 106.97% Non-current assets 94,986 117,540 23.74% Property, plant and equipment 63,384 80,362 26.79% Intangible assets 484 1,475 204.75% Goodwill 3,170 5,521 74.16% Total assets 162,840 226,030 38.80% Current liabilities 31,472 38,938 23.72% Short-term debt** 17,296 14,070 -18.65% Non-current liabilities 89,017 137,272 54.21% Long-term debt*** 69,278 117,312 69.34% Equity 42,351 49,819 17.63% Capital stock 1,176 1,226 4.25% Capital surplus 20,558 22,667 10.26% Retained earnings 18,086 20,992 16.07% ** Cash and deposits includes cash and cash equivalents and restricted cash and Term deposits Short-term debt includes current portion of long-term loans and long-term bonds Long-term debt includes long-term loans and long-term bonds Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. 34#36SYLA Asset Management Business: Number of Units Managed / Net Revenues Technologies 0000 Units managed 3,300 3,200 Number of units managed 10.13 3,100 9.39 3,000 2,900 2,800 2,700 2,854 2,788 2,600 2,500 2020 2021 Number of units managed Million USD (1USD=131.81JPY) 13.22 14.00 12.00 10.00 8.00 3,193 6.00 4.00 2022 -Net revenues (Asset Management Business) 2.00 0.00 Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative and there is risk of the total loss of your investment. Please see "Forward-Looking Statements" and the Company's filings with the Securities and Exchange Commission. © 2023 SYLA Technologies CO., LTD. All rights reserved. Net revenues 35