Disclosures

Corporate Governance

Recruiting and Developing Diverse Talents

Code of Conduct 2026

Morgan Stanley MUFG Securities Co., Ltd.

Fundamental Guidelines for Anti-Social Forces

Solicitation Policy

General Policy on the Allocation of Stock Certificates etc. in Relation to Public Offering etc. (Japanese only)

Best Execution Policy

Summary of Our Policy on the Management of Conflict of Interests

Sharing of Non-Public Client Information among Morgan Stanley Group Companies (Old Optout Framework/ Japanese Only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies (New Optout Framework) (Japanese only)

Sharing of Non-Public Client Information with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., etc. (Old Optout Framework)

Sharing of Selling Shareholder Information with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., etc. (Old Optout Framework)(Japanese Only)

Sharing of Non-Public Client Information with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Morgan Stanley Group Companies in Connection with Alliance 2.0 (New Optout Framework) (Japanese only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with MSIM Strategy (Old Optout Framework)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with MSIM Strategy (Old Optout Framework/Japanese Only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with MSIM Strategy (New Optout Framework) (Japanese only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with Commodities business (Old Optout Framework/Japanese Only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with Commodities business (New Optout Framework/Japanese Only)

Expiration Date Under the Professional Investor / General Investor System

Securities and Exchange Surveillance Commission

Contact Information for Registering Complaints

Explanatory Note Regarding Non-Registered Ratings

Policies on Client-Oriented Business Conduct

Customer Assets Segregation – External Audit Report (Japanese only)

Money Lending Business Operator Registration Plate (Japanese only)

Terms and Conditions for Money Lending (Japanese only)

Terms and Conditions for Money Lending Intermediary (Japanese only)

Commodity Futures Business Operator Registration Plate (Japanese only)

Morgan Stanley Investment Management (Japan) Co., Ltd.

Fundamental Guidelines for Anti-Social Forces (Japanese only)

Solicitation Policy (Japanese only)

Summary of Our Policy on the Management of Conflict of Interests (Japanese only)

Acceptance of the Japan’s Stewardship Code (Japanese only)

A Bulk Trade in Investment Trusts (Japanese only)

Risk Management Methods on Derivative Transactions (Japanese only)

Expiration Date under the Professional Investor (Japanese only)

Policies on Client-Oriented Business Conduct (Japanese only)

Sharing of Non-Public Client Information in the course of Business with Morgan Stanley Capital K.K. (Old Optout Framework) (Japanese only)

Sharing of Non-Public Client Information among Companies within Morgan Stanley Investment Management (Old Optout Framework)

Sharing of Non-Public Client Information among Companies within Morgan Stanley Investment Management (New Optout Framework) (Japanese only)

Sharing Non-Public Client Information among Morgan Stanley Group Companies in Japan with respect to MSIM Strategy (Old Optout Framework/Japanese Only)

Sharing Non-Public Client Information among Morgan Stanley Group Companies in Japan with respect to MSIM Strategy (New Optout Framework) (Japanese only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies (Old Optout Framework/Japanese Only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies (New Optout Framework) (Japanese only)

Contact Information for Registering Complaints (Japanese only)

Morgan Stanley Japan Holdings Co., Ltd.

Fundamental Guidelines for Anti-Social Forces

Morgan Stanley Capital Group Japan Co., Ltd.

Fundamental Guidelines for Anti-Social Forces

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with Commodities business (Old Optout Framework/Japanese Only)

Sharing of Non-Public Client Information among Morgan Stanley Group Companies in Connection with Commodities business (New Optout Framework/Japanese Only)

Contact Information for Registering Complaints

Solicitation Policy

Morgan Stanley Capital K.K

Fundamental Guidelines for Anti-Social Forces

Solicitation Policy (Japanese only)

Advertisement pursuant to Financial Instrument Exchange Law of Japan (Japanese only)

Expiration Date under the Professional Investor / General Investor System

Securities and Exchange Surveillance Commission

Contact Information for Registering Complaints

Policies on Client-Oriented Business Conduct

Sharing of Non-Public Client Information in the course of Business with Morgan Stanley Investment Management (Japan) Co., Ltd. (Old Optout Framework) (Japanese only)

Sharing of Non-Public Client Information among Companies within Morgan Stanley Investment Management (New Optout Framework) (Japanese only)

Morgan Stanley Japan Group Co., Ltd.

Fundamental Guidelines for Anti-Social Forces

Morgan Stanley Japan Business Group Co., Ltd.

Fundamental Guidelines for Anti-Social Forces