We would like to express our sincere gratitude to our customers, partners, and shareholders who have continued to understand and support the challenges we face at Resil, and for their warm support.

Last year, Regil reached a major turning point since its establishment. We look back on 2024 as the year of "hatching" toward the next stage of our growth, after having secured the trust of society through our IPO, and 2025 as the year of "breaking out of our shell" to raise our business stage to the next level.

On the business front, we took a concrete step toward strengthening resilience and realizing virtual power plants (VPPs) in cooperation with local governments and developers, taking advantage of the opportunity provided by the transfer of the condominium bulk power business.
In the area of electricity supply to corporate customers, we have expanded the range of our business partners while continuing to supply 100% of our electricity from virtually renewable energy sources.
In addition to major new electric power companies, we have also enlisted the participation of regional new electric power companies as partners in providing our unique system, and our energy platform concept is steadily taking shape.
We are encouraged that more and more people share our desire to "make decarbonization not an intractable problem.

These efforts have been highly evaluated, and we have had the opportunity to receive many awards and certifications. We are happy to see that what started as a small challenge has expanded and is now playing a solid role in solving social issues.

On the other hand, as the speed of growth increases along with the expansion of business opportunities, we have come to the conclusion that in order to chart a higher growth curve, it is essential to increase the density of investments and challenges, and to create a management environment that allows more agile decision making than ever before.
As an option to achieve this, we have agreed to a tender offer (TOB) by Bain Capital, which will be concluded as of October 10, 2025.
Many of you have asked us why we are taking the company private when it is performing so well.
We hope you will understand that we have made an "aggressive choice" in deciding that a new structure is necessary to further accelerate growth and implement our medium- to long-term strategy because we have witnessed the world we have expanded, our inadequacies, and our potential through our listing.

After going private, we will make bold investments from a more medium- to long-term perspective to refine our value offerings, starting with energy management.
We intend to accelerate our business growth by deepening our partnerships with condominiums, municipalities, and businesses, and by expanding our model of both decarbonization and resilience throughout the country.
In human capital and organizational development, we will also be encouraged by external recognition and strengthen the foundation to support the challenges that are unique to Resil.

By continuing to refine both our business and organization, we will steadily expand the breadth and depth of the value we provide to society. Please continue to look forward to the future that Resil envisions.

January 5, 2026
Rezil Inc.,
Hozumi Tanji, President and Representative Director