Koki Sato

Masao Muraki

Naruhiko Sakamaki

Kazuki Watanabe

Kiyoaki Suzuki

Koichi Niwa

Futoshi Sasaki

Wataru Otsuka

Muraki

Natsumu Tsujino

Otsuka

Sasaki

Sato

Taiki Okada

Tsujino

Yuki Yaginuma

- ORIX Corporation's subsidiary, OFI 01 Corporation, announced on **October 2, 2025**, the commencement of a **tender offer** for the common shares of I-NET Corp..  **[1070304_0001193125-25-227940_d14070d6k.htm:1]** 
- The objective of the tender offer is to acquire all common shares of I-NET (excluding treasury shares) to make it a **wholly owned subsidiary** and enhance its corporate value.  **[1070304_0001193125-25-227940_d14070d6k.htm:1]** 
- The tender offer price is **JPY 2,530 per share**, which represents a **53.52% premium** over I-NET's closing price on October 1, 2025.  **[1070304_0001193125-25-227940_d14070d6k.htm:15]** **[1070304_0001193125-25-227940_d14070d6k.htm:22]** **[1070304_0001193125-25-227940_d14070d6k.htm:44]** 
- I-NET's board of directors has resolved to support the tender offer and recommends that its shareholders tender their shares.  **[1070304_0001193125-25-227940_d14070d6k.htm:1]** **[1070304_0001193125-25-227940_d14070d6k.htm:22]** 
- The total purchase price for the planned **15,257,622 shares** is **JPY 38,601,783,660**.  **[1070304_0001193125-25-227940_d14070d6k.htm:44]** **[1070304_0001193125-25-227940_d14070d6k.htm:45]**

ORIX Subsidiary Commences Tender Offer for I-NET Corp.

ORIX (IX)