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Investor Presentaiton

Expansion of Equity Spread [Trend of ROE, COE and Equity Spread] ⚫ROE COE Equity Spread 7.8% 14.7% 12.7% 11.4% 10.1% 9.1% 12.2% 6.4% 4.6% 2.9% 4.9pt 0.9% ▲ 5.5pt ▲ 4.5pt +4.6pt +0.5pt 0.4% ▲ 11.0pt FY2018/3 FY 2019/3 FY2020/3 FY2021/3 FY 2022/3 FY2023/3 SEGASammy Equity spread is trending positive in the last two fiscal years due to growth of the profits in each business *ROE: Return on equity *COE: Cost of equity (Source: Bloomberg) *Equity spread: ROE-COE -62-
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