Announcement and Notices - [Overseas Regulatory Announcement-Regarding a Change in Specified Subsidiaries］

FAST RETAILING CO., LTD.
(156KB)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FAST RETAILING CO., LTD.
迅銷有限公司
(Incorporated in Japan with limited liability)
(Stock code: 6288)

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is made by Fast Retailing Co., Ltd. (the "Company") pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached notice regarding "A Change in Specified Subsidiary" of the Company issued on the website of the Tokyo Stock Exchange today.

By order of the Board
Fast Retailing Co., Ltd.
Shea Yee Man
Company Secretary

Japan, 10 April, 2025

As at the date of this announcement, our Executive Directors are Tadashi Yanai, Takeshi Okazaki, Kazumi Yanai and Koji Yanai and our Independent Non-executive Directors are Nobumichi Hattori, Masaaki Shintaku, Naotake Ono, Kathy Mitsuko Koll (aka Kathy Matsui), Joji Kurumado and Yutaka Kyoya.

April 10, 2025
FAST RETAILING CO., LTD.
(Tokyo: 9983 / Hong Kong: 6288)

Notice of FAST RETAILING CO., LTD. (the "Company")
Regarding a Change in Specified Subsidiary

The Board of Directors of the "Company" resolved at their meeting held on April 10, 2025 to increase capital extended to FAST RETAILING EUROPE LTD. The details of this decision are listed below.

1.　Reason for the Change

At the Board of Directors meeting held on April 10, 2025, the "Company" decided to increase its stake in its fully owned subsidiary, FAST RETAILING EUROPE LTD. The purpose of this move is to conduct strategic investments and fund management to promote the medium- to long-term growth of the Company's European operation. The said capital increase will raise the total amount of capital provided to FAST RETAILING EUROPE LTD to no less than 10% of the Company's capital, so FAST RETAILING EUROPE LTD will be classified as a specified subsidiary.

2.　Overview of FAST RETAILING EUROPE LTD

Name	FAST RETAILING EUROPE LTD
Location	London, United Kingdom
Name and Title of Business Representative	Taku Morikawa, Director Takeshi Okazaki, Director
Business Description	The management of investments and the management and operation of funds to facilitate the expansion of the Company's business in Europe.
Capital	Before the capital increase: EUR 1 million (approximately JPY 160 million) After the capital increase: EUR 401 million (approximately JPY 65 billion) *Calculated using the rate: EUR 1 = JPY 162
Established	January 2025
Investment Ratio	the "Company" 100%
Relationship between the Company and subsidiary firm	Capital relationship: Fully owned by the Company Personnel relationship: Two executive officers from the Company (concurrent posts) Business relationship: No business relationships that need to be listed Recent business performance: There are no financial results because the subsidiary has been recently established

3.　Date of Change: August 2025 (tentative)

4.　Future Outlook
The impact of this move on the Company's consolidated financial results is expected to be negligible.

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Announcement and Notices - [Overseas Regulatory Announcement-Regarding a Change in Specified Subsidiaries］