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Investor Presentaiton

Core Business Growth Clean Energy: Scaling Rapidly (In-Development Plants +91%) Added 9 Solar Plants to Development Pipeline (18.7MW) Kanto: 5.48MW, Chubu: 4.80MW, Kansai: 2.95MW, Chugoku: 5.48MW Power Generation (MW) Growth Timeline Operating In-Development Ichigo Operating Plants: 83.6MW In-Development Plants: 76.2MW (+91%) Total: 159.8MW Ichigo Green (9282): 29.4MW 148.3 (+15%) 159.8 (+8%) 128.5 (+15%) 112.2 (+34%) 72.3 (+155%) 83.6 (+16%) 28.6 44.9 (Wind 7.4) 64.7 (Wind 14.4) 76.2 (Wind 25.9) 28.4 83.6 FY17/2 FY18/2 FY19/2 Average FIT JPY 37.3 JPY 36.4 JPY 35.3 FY20/2 JPY 33.7 Investment JPY 8.4B JPY 21.1B JPY 23.6B JPY 31.0B FY21/2 JPY 32.1 JPY 36.3B FY22/2 JPY 30.6 JPY 41.9B FY23/2 JPY 30.0 JPY 47.3B 一期一会| ICHIGO O Ichigo Inc. All rights reserved. 23
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