CPA Excellent Partners Co., Ltd. (hereinafter "the Company") has entered into a Memorandum of Understanding (MoU) for a strategic partnership with Veranda XL Learning Solutions Private Limited (hereinafter "VXLS"), a group company of Veranda Learning Solutions Limited (hereinafter "VLS"), a major Indian education service provider. This partnership, facilitated through the Company's Singapore-based subsidiary CPA Excellent Partners Singapore Pte. Ltd., which serves as the hub for global business operations, aims to foster the development of accounting and finance professionals and provide global recruitment support. Concurrently, with the objective of establishing a long-term strategic relationship with VXLS, the Company has acquired shares in VLS through the open market. Background and Objectives of the Partnership In recent years, the movement of highly skilled professionals and bilateral cooperation in education and skills between India and Japan have steadily deepened. In the accounting and finance domain, the global demand for outstanding Indian professionals with international qualifications is also on the rise. VXLS operates "J.K. Shah Classes," an accounting qualification preparatory brand with an overwhelming track record and trust in India, boasting a vast network of excellent students and graduates. The Company, on the other hand, provides advanced career support platforms and expertise specializing in accounting and finance professionals. By integrating the strengths of both companies, we aim to establish a "structured international career path" that transcends traditional national borders, directly connecting employers worldwide with highly skilled accounting talent through digital technology. Key Aspects of the Partnership 1. Talent Development Joint planning and development of high-quality accounting qualification curricula and training content tailored to international industry standards and evolving market needs. Sharing and instruction on skills and