Notice of Increase in Directors and Third-Party Allocation of New Capital

In preparation for the launch of "KAGUA" scheduled for March, we will be adding one director and increasing capital in order to strengthen our organization and speed up the process.

Yasushi Hoshino, CEO of eatmeet, was involved in formulating business plans for the beer business even before the company was founded, and has been working hard to launch Japanese craft beer with his extensive experience in the alcohol, food, and restaurant industries. He was appointed as a director on January 13, 2012.

Additionally, we raised 5 million yen through a third-party allotment of new shares, with four of us, including myself, as underwriters, with the payment due on January 23, 2012. As a result, our capital has increased to 12.5 million yen, and our capital reserve to 2.5 million yen.

The regular meetings between Hoshino, Yamada Mutsumi, Miyazaki, and myself are getting more and more heated with each meeting, and the topics we discuss are becoming more specific. I'm truly happy to be able to work with such passionate colleagues. We're determined to work together and release something great.

We are also making steady progress in recruiting employees and preparing for overseas expansion, so we will report back here when we are able to do so.