December 23, 2021
Elephantech Inc.

Announcing the Conclusion of a Distributorship Agreement with MARUBUN CORPORATION

Elephantech Inc. ("Elephantech") is pleased to announce that the company has concluded a distributorship agreement for its Flex PCB P-Flex® with the Marubun Corporation ("Marubun"), an electronics distribution and solutions company.

Marubun handles a wide variety of cutting-edge electronics products from Japan and overseas. Furthermore, they provide solutions combining a variety of these products.
For electronic components, Circuit boards have the indispensable role of creating connection points between electronic components. As such, Elephantech anticipates that the company's collaboration with Marubun will allow a greater range of solutions to be provided to its customers.

Under the company mission of making the world sustainable with new manufacturing technologies, Elephantech will spare no effort to drive the electronics industry forward and is grateful for the continued support of its customers.

<About Marubun Corporation>
Head Office 8-1 Nihonbashi Odenmacho, Chuo-ku, Tokyo 103-8577, Japan
Established 1947
Representative Toru Iino, CEO (Representative Director)
Business Description Global sales and support structures for semiconductors, electronic components,
electronic systems and other cutting-edge electronics products from Japan and overseas.
Listed on the First Section of the Tokyo Stock Exchange. (Code number: 7537)

Company Overview

Name Elephantech Inc.
Establishment January 2014
Headquarters 4-3-8 Hatchobori, Chuo-ku, Tokyo 104-0032, Japan
Representative Shinya Shimizu, CEO
Capital JPY 100 million
Number of employees 64
Business Description Development of printed electronics manufacturing technology and provision of related services

As of December 1, 2021

Contact for inquiries regarding this matter

Elephantech Inc. Public Relations