Farmind Corporation (Head Office: Chiyoda-ku, Tokyo; President and CEO: Tatsuo Horiuchi; hereinafter "Farmind"), a comprehensive fruits and vegetables marketer with a nationwide cold chains, is pleased to announce that on April 1, 2021, Farmind merged with JWM Asia Japan Co., Ltd. (Head Office: Chiyoda-ku, Tokyo, President and CEO: Noel Francis Shield, hereinafter "JWM Asia Japan"), a 100% owned subsidiary.

1. Purpose:

JWM Asia Japan mainly imports and sells citrus fruits and grapes as a 100% subsidiary since January 2020. Through this merger, Farmind will aim to further strengthen its sales structure and improve its operational efficiency.

2. Merger type:

Farmind was merged into the surviving company, and JWM Asia Japan was merged into the absorbed company.

3. Effective date:

April 1, 2021

4. Corporate profile after the merger:

1. (1) Firm name:
   Farmind Corporation
2. (2) Description of businesses:
   Production area development, manufacturing, processing, logistics, system development, sales and consulting, etc. related to fruits and vegetables
3. (3) Head office:
   1, Kanda Izumi-cho, Chiyoda-ku, Tokyo, 101-1124 Japan
4. (4) Representative:
   Tatsuo Horiuchi President and CEO
5. (5) Paid-in Capital:
   3.57 billion yen
6. (6) Fiscal year end:
   December

Based on Farmind’s corporate philosophy of "linking farmers with consumers", Farmind will continue to strengthen the supply system of fruits and vegetables in Japan and overseas and improve the quality through its nationwide cold chains, deliver fresh and delicious fruits and vegetables from farms to consumers, and contribute to the development of domestic and overseas fruits and vegetables distribution from various perspectives.