P.23 Message from the CGO (2)

Message from the CGO Growth Strategies

CJ ENM’s world-class production expertise, and U-NEXT’s expertise in digital platforms, we aim to establish a business model that generates sustainable, long-term revenue from the content IP we create and to produce global hits originating in Asia. In Europe, we began collaborating with Banijay Entertainment, one of the world’s largest production groups, in October 2025 to expand “SASUKE” internationally. We also held the two-day “KASSO FEST SKATE&SOUND” in California, U.S., in March, focusing on merchandising, including apparel and other products. In the fields of anime, characters, and IP, we are focusing on creating new IP, with SAND B, Inc. playing a central role. SAND B is using its ¥30.0 billion investment budget to identify and develop promising IP. It has invested in the anime IP “Konna Ko Iru Kana,” which airs on NHK’s “With Mother.” It has also welcomed next-generation studio Xenotoon into the Group. Xenotoon houses a 3D animation studio led by Mr. Gensho Yasuda, an animator with over 6.3 million social media followers in total. Backed by its cutting-edge technology and marketing ca- pabilities, Xenotoon holds numerous IPs that are popular overseas. We will accelerate our animation business, focusing not only on identifying and developing new IP but also on acquiring mega-IP. In the EduTainment business, we will accelerate the devel- opment of services centered on “visual content and AI.” “AI for School,” which was selected for a demonstration project by the Ministry of Education, Culture, Sports, Science and Technology, provides a highly reliable learning environment using news content. Through the “e6 project,” a joint project with NTT, we are developing original IP, while also exploring the commercial- ization of an “AI Theme Park” to create new forms of learning that combine digital and physical experiences. As described above, TBS is creating IP across a wide range of fields and is now ready to make a major leap onto the global stage. Just as Japan’s national soccer team, “SAMURAI BLUE,” has grown stronger by competing against the best teams overseas, TBS will collaborate with leading global companies to evolve into a strong, globally recognized entertainment group. SPECIAL INTERVIEW

Josh Grode

CEO, Legendary Entertainment At the headquarters of Legendary Entertainment in Los Angeles, U.S.

“TBS is a truly unique company”

Nakatani: Could you tell us why you decided to partner with TBS? Grode: When we were considering how to further get into the Japanese market, we were looking for a partner that was deeply rooted and widely respected in the entertainment busi - ness in Japan, and would also allow us the flexibility to operate without being tied to any particular company. And above all, what mattered most to us was finding a partner that respects IP, its rights and creative process, just as we do at Legendary. In our first conversation, we realized that TBS was a unique company that satisfied all of these criteria. CGO’s Visit to Legendary Entertainment: A look Inside the Secret Room and a Candid Conversation Nakatani: When I first met you while you were visiting Japan on vacation and talked to you about the EDGE strategy, you spoke highly of TBS, saying, “TBS has many talented creators and strong creative capabilities.” Then you asked me, “Do you really want to go global?” Grode: Yes. We are very excited to be working with everyone at TBS and THE SEVEN. TBS has a great portfolio of titles such as “Alice in Borderland.” We are looking forward to further developing and expanding those universes together. I am truly proud of this partnership because leading creators who are cre- ating some of the most exciting IP in Japan see us as a trusted partner because we are working with TBS. Now, let me ask you a question. What attracted you to Legendary? Nakatani: We were looking for a partner we could team up with in the U.S. and globally. We spent about six months at TBS exploring various possibilities, and during that process, we became convinced that Legendary was by far the stron- gest choice. Legendary has everything we were looking for: brilliant creative planning capabilities, IP, and the trust it has built in Hollywood. On top of that, it has a deep reverence for Japanese IP and an exceptional strategic ability to turn Japanese IP into global hits. That was what we valued most. We strongly felt that, with such a wonderful partner, our creativity could flourish even further and that we could create something truly special together. The teams working on the partnership are now actively discussing various opportunities, and we are 23