<p><span>As previously announced, Tokyo Stock Exchange, Inc. (TSE) will start Proof of Concept (PoC) testing in conjunction with the upcoming replacement of TDnet scheduled for December 18, 2021, to enable disclosure in HTML format of listed companies annual and quarterly earnings reports and listed REITs annual and interim earnings reports (listed companies and listed REITs are hereinafter collectively referred to as “Listed Companies, etc.”) with the cooperation of PRONEXUS Inc. and TAKARA PRINTING CO., LTD. (in alphabetical order; hereinafter, the “Printing Companies.”)</span></p>