Ceres fully recognizes that timely and appropriate disclosure of corporate information to shareholders and investors forms the basis of a sound securities market. Through constructive dialogue based on such disclosed information, we aim to build favorable relationships with the capital market. We intend to increase our medium-to-long-term corporate value by incorporating market opinions and valuations in feedback to the management of the Company.

1.Basic Policy

Ceres discloses information in accordance with the Companies Act, the Financial Instruments and Exchange Act, and other laws and regulations, as well as rules on the timely disclosure of corporate information stipulated in the "Securities Listing Regulations" of the exchanges on which Ceres is listed (hereafter "Timely Disclosure Rules"). When information related to determined facts, occurring facts, or information related to account settlement that has significant impact on investment decisions arises, we will promptly disclose such information according to the standards outlined in the Timely Disclosure Rules. At the same time, we will proactively disclose information that is deemed to be important or valuable to investment decisions, even when it is not subject to the Timely Disclosure Rules. Personal information, client information, and information that may infringe upon the rights of a related party, however, will not be disclosed.

2.Disclosure Methods

Information subject to the Timely Disclosure Rules is promptly published on our corporate website following the disclosure via the Timely Disclosure Network (TDnet) provided by Tokyo Stock Exchange. Information that is not subject to the Timely Disclosure Rules is also openly disclosed via various methods including our corporate website.

3.Fair Disclosure

To avoid selective disclosure of nonpublic and voluntarily disclosed information to specific investors are disclosed to only to specific investors, we will manage information properly in accordance with internal rules for internal stakeholders involved with such information. In addition, when we recognize that certain rumors about the Company are circulating that can significantly affect the capital market, we will disclose information.

4.Quiet Periods

To prevent leaks of financial results before announcement and to assure fairness, Ceres observes a quiet period before an announcement of business results. The quiet period is from the day after the end of each quarter until to the day of the announcement of financial results. During the quiet period, we do not answer inquiries or make any comments on business results. Should it prove necessary to make timely disclosure during the quiet period, we will do so under the rules on TDnet.

5.Forward-Looking Statements

Statements Ceres discloses contain forward-looking statements that are based on current expectations, forecasts, and assumptions. These forward-looking statements involve risks, uncertainties, and other factors that may cause actual results and achievements to differ from those anticipated in these statements.