Investor Presentaiton

Development of Unsweetened Coffee Beverage MARKET TULLY'S COFFEE RTD Coffee Market (Market/¥billion) 1,000.0 (million cases) Tully's Brand RTD Coffee Market 20 PITO EN We Love Nature TULLY'S COFFEE TULLY'S COFFEE BRAND Over 15 Million Cases Record High Sales Volume 900.0 800.0 700.0 15 ►Two Leading Unsweetened Coffee Flavors drive Strong Sales TULLY'S COFFEE BARISTA'S BLACK TULLY'S COFFEE TULLY'S COFFEE BARISTA'S Sugar-Free Latte 10 TULLY'S COFFEE YoY BARISTA'S BLACK +12% YOY BARISTA'S 無糖 LATTE +30% 5 Arabic 10% Arabica 600.0 0 '10 '12 '16 '19 '20 '21 '22 '23Est. Source: ITO EN, Market: Calendar year ITO EN: May to Apr/Sales Volume Shift to Unsweetened Coffee in the Coffee Beverage Market 2010 2022 Unsweetened Coffee Ratio 18% approx 33% Source: ITO EN Fiscal Year 2023 New Proposal ►Collaboration of Three Companies Starts ⚫ALL NIPPON AIRWAYS CO., LTD. • Tully's Coffee Japan Co., Ltd. ■ITO EN, LTD. (From June 2023) Copyright (C) All Rights Reserved. ITO EN, LTD. ANA 期間限定一 ICED COFFEE TULLY'S COFFEE= MorrisIONAL ALITY Quantity base New Trend Sensation created by Black Coffee & Carbonation TULLY'S COFFEE BLACK&SODA GASSATA Taste the Deliciousness of Black Coffee Enjoy the Creamy "Black Foam" Effortless to Pour into Glass TULLY'S Black Foam BLACK&SODA GASSALA ブラックコーヒーソーダイメージ Launched May 8 Delivering the New Value of Black Coffee to Meet Diversifying Tastes 17

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