JP Lease Products & Services (hereinafter referred to as “JLPS”) has established a subsidiary in Singapore, as described below.

1.Purpose in the establishment of a subsidiary in Singapore

JLPS offers financial services for expensive assets, such as aircraft, vessels, containers for maritime transportation, and solar power generation equipment, based on a financial scheme combining mainly borrowings from financial institutions and silent partnership investments.

In order to expand the aircraft Operating Lease Business in Asia and Oceania, JLPS have established a subsidiary in Singapore. JLPS will create opportunities to earn profits globally, in cooperation with JLPS and JLPS Ireland Limited, which is the Irish subsidiary of JLPS.

JLPS will also make efforts to seize a variety of business opportunities in Asia and Oceania that have been achieving high economic growth.

2.Name of Singaporean subsidiary Company

JLPS AVIATION SINGAPORE PRIVATE LIMITED