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Investor Presentaiton

Review of the previous policy (FY2020-FY2022) and our issues (1) (1) Regain trustworthiness by enhancing customer referral capability - Expand use of online reservations - Improve reservation conversion rate 350 300 250 200 FY2022 FY2018 (Before implemented UI improvement measures) Number of Rakuten ID connected members (Million people) 5.54 4.55 Number of restaurants where online reservations are possible (2019 100) 7.07 Suburb Residential area Other than Izakaya 150 100 50 0 Apr. May (April 2018=100) June July Aug. Sep. Oct. Nov. Jan. Dec. Feb. Mar. 2.54 Izakaya (Japanese Pub) Downtown Business District 0.91 March 2019 March 2020 March 2021 March 2022 March 2023 March 2019 March 2023 March 2019 March 2023 Number of online reservations in Q4 of FY2022 reached their highest ever for that quarter due to improved CVR and expansion of members (see p.8) (On the other hand, there is a lot of room for collaboration with Rakuten, and we are halfway to establishing a position in the Rakuten Ecosystem) Decreased due to the pandemic (Decline in power of media content) Issues Issues Secure and increase number of highly engaged users in consideration of the growing presence of Google and social media as restaurant search tools Expand restaurant information and seating inventory to attract consumers and meet their needs It is necessary to transform into a media that is resistant to changes in the business environment by maximizing consumer contact points and expanding content GURUNAVI 19
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