Toshiki Oya, Senior Vice President, CFO: Thank you for joining the FY2023 fourth quarter financial results briefing of GREE, Inc. I am Toshiki Oya. Please refer to the Executive Summary on page 2. For the FY23 full year, net sales was ¥75.4 billion, operating income was ¥12.5 billion, and EBITDA was ¥12.8 billion. We achieved year-on-year growth in sales and income. In the Game and Anime Business, we developed IP and made progress with global distribution with a focus on a mainstay title, Heaven Burns Red. We continued to invest in the growth of the Metaverse, DX and Commerce Businesses. In the Investment Business, we saw fluctuations on a quarterly basis but achieved steady contribution to earnings on a full-year basis. For the fourth quarter of FY23, net sales was ¥20.1 billion, operating income was ¥5.0 billion, and EBITDA was ¥5.1 billion. The Investment Business contributed to the increase in operating income, while all other businesses performed generally in line with our expectations. We will strengthen efforts to steadily improve business portfolio profitability over the medium term.

as ¥5.0 billion, and EBITDA was ¥5.1 billion. The Investment Business contributed to the increase in operating income, while all other businesses performed generally in line with our expectations. We will strengthen efforts to steadily improve business portfolio profitability over the medium term. Going to page 3, the structure of this material has changed significantly this time and let me explain the changes to the reportable segments. Previously, we explained our business in two segments, the Internet and Entertainment Business and the Investment and Incubation Business. In order to improve understanding of the GREE Group's expanding business domains, the four businesses previously included in the Internet and Entertainment Business segment have been reclassified as separate reportable segments, as you see on the right. For each reportable segment, the person in charge of the business will later explain directly to you the latest situation, performance results, earnings forecasts, and trends in the mid-term plan. The overview of consolidated financial results is shown on page 6. Page 7 illustrates the trends in net sales and operating income. The fourth quarter results in the Game and Anime Business were somewhat weak on a reactionary decline from anniversary events held in the third quarter for Heaven Burns Red, but consolidated results remained strong due to earnings contribution from the Investment Business. Page 1 of 9

Page 8 is a new disclosure, sales and operating income by segment. This will be explained later in detail by the persons in charge of each business. Page 9 is the operating income analysis. As I said, despite a reactionary decline in sales from anniversary events held for Heaven Burns Red, we posted operating income of roughly ¥5.0 billion on a decline in expenses such as advertising costs and contribution from the Investment Business. Page 10 shows the cost structure of the fourth quarter. As I have just said, variable costs, especially advertising costs, decreased, while fixed costs remained almost flat. Total costs declined by ¥2.8 billion to ¥15.2 billion. Page 11 is the year-end dividend. Our dividend distribution policy has not changed and aims at DOE of 2.0% and consolidated dividend ratio of 20% or higher. In line with the policy, we plan a dividend of ¥11 per share. Now let us move on to the operational overview. Page 13 shows the plan of medium and long-term growth based on the four pillars you are familiar with. Next is our business plan for FY24. This page shows the summary and the persons in charge of each business will give more details later. Page 15 shows the earnings forecast by segment. Forecasts are not disclosed for the Investment Business, which is highly uncertain, or for the overall consolidated results. Instead, I will provide guidance verbally at the end of this presentation. Now let us move on to the business part. Yuta Maeda, Senior Vice President: Yuta Maeda will cover the Game and Anime Business.