BASE faces tender offer from Hiroyuki Maki at JPY 400

** BASE (TSE:4477) announced that it has received formal notification of a tender offer from Hiroyuki Maki at a price of JPY 400 per share. This development follows the company’s earlier March 19 announcement acknowledging receipt of Mr. Maki's intent to launch such an offer. The company is urging shareholders to defer any decisions regarding the tender offer until BASE issues its official position, which will be informed by the recommendations of the Independent Committee established on March 19. Once the Tender Offer Registration Statement is evaluated, the company will communicate its opinion and response to shareholders, respecting the Independent Committee's insights. BASE emphasized that the current announcement does not represent the company's official stance on the tender offer, and that a formal Position Statement will be submitted to the Kanto Local Finance Bureau. The company is committed to a swift public release of its statement after submission.