News Release

GNI’s stance towards suspicious trading practice of our stock

Dear shareholders and investors:

We have been continuously observing transactions on the Tokyo Stock Exchange that are suspected of stock price manipulation, in which a large number of market orders for our shares are placed during the order acceptance period before the market opens, while all or part of these orders are canceled before the opening. Please be advised that we are continuing to closely monitor the situation and are considering consulting with attorneys and other experts with strict measures in sight.

Thank you for your support and understanding.