Notice of Joint Establishment of a Corporate Venture Fundby Panasonic and SBI Investment

Panasonic Corporation(President & CEO: Masahiro Shinada; Head office: Minato-ku, Tokyo; hereinafter "Panasonic") and SBI Investment Co., Ltd. (Representative Director, Chairman & President: Yoshitaka Kitao; Head Office: Minato-ku, Tokyo; hereinafter "SBI Investment"), a wholly owned subsidiary of SBI Holdings, Inc. (Representative Director, President & CEO: Yoshitaka Kitao; Head Office: Minato-ku, Tokyo), hereby announces that Panasonic and SBI Investment have jointly established PC-SBI Investment Limited Partnership (common name: Panasonic Kurashi Visionary Fund; hereinafter "the Fund"), a corporate venture capital (CVC) fund investing primarily in promising startups in Japan and overseas that are particularly competitive in the area related to Panasonic's lifestyle updates business.