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Rapyuta Robotics 2024.10 Making Robots More Accessible

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1. About Rapyuta Robotics 2. Our Business 3. Our Organization 4. Careers 5. Appendix Contents

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1. About Rapyuta Robotics

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Rapyuta Robotics is a spin-off from ETH Zürich, Which has produced many famous researchers including Einstein.

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Our Core Purpose Empowering lives with connected machines.

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Our Core Values Simplicity With a holistic understanding and attention to detail, we reduce and organize to keep things accessible and nimble. Drive We keep learning to get better at what we do and give each other the autonomy to operate. Fearlessness We take big and calculated risks without agonizing and create an environment that is safe to fail. Empathy We walk the extra mile to better understand the material, emotional, and intellectual needs and pain of all related people. Openness We actively seek out to include diverse points of view and collaborate to produce better results. First Principles We break things down to its fundamental truths and reason up from there to build optimal and authentic solutions.

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Company Information Name Rapyuta Robotics Co. Ltd. Location Hirano Office: 4-10-5, Hirano, Koto-Ku, Tokyo, Japan, 135-0023 Kiba Office: Tokyo Parkside Building 7F, 11F 5-8-40, Kiba, Koto-Ku, Tokyo, Japan 135-0042 Osaka Office: QUINTBRIDGE 3F, Higashi Nodamachi 4- 15-82, Miyakojima-Ku, Osaka, Japan 534-0024 India Office: Chennai US Office: Chicago Founders Co-Founder & CEO: Gajan Mohanarajah Co-Founder & CFO: Arudchelvan Krishnamoorthy Since 2014-07-02 Employee About 200 members Fundraising 10.6 billion JPY (Major Investors: Goldman Sachs, Sony, GLP, Yaskawa Electric) Business Development of cloud robotics platform and support for robot solution development, implementation, and operation

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Offices Chicago Office 2023.1~ Chennai Office 2024.1~ Osaka Office 2022.8~ Hirano Office 2021.1~ Kiba Office 2022.6 ~

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Founders Gajan Mohanarajah Co-Founder and CEO Arudchelvan Krishnamoorthy Co-Founder and CFO Conceptualized and developed Rapyuta, for RoboEarth, an EU funded project that pioneered an internet for robots. Led the Cubli project in 2013, recording more than 10 million views on YouTube. Ph.D. from ETH Zurich in 2014 and M.Eng/B.Eng from Tokyo Institute of Technology. A.Eng from Kurume National College of Technology, Japan. Former founding Partner & CIO at Fund of Tokyo, a global macro hedge fund. Worked for Nomura Securities, as an equity derivatives analyst. M.A. from Columbia Univ. and B.Eng. from Tokyo Institute of Technology.

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History(Before establishment) Gajan went to ETH Zurich to continue his cutting- edge research in robotics. Arul went to Columbia University to hone his finance skills. Gajan and Arul came to Japan from Sri Lanka to study robot control engineering. Pursue different careers Gajan and Arul were in Japan for a conference. They meet again in Japan, and Arul was impressed by the software advances of cutting-edge robot “Cubli”, developed by Gajan. 2005 2009/2010 2013 2014 Rapyuta Robotics was born as an official spin-off of ETH Zurich! First time in Japan Miraculous Reunion Started their company

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History(After establishment) Established a branch in India. Started development of rapyuta.io platform and the world's most advanced drone solution. Because of the legislation and the speed of drone market, pivoted to PA- AMR robots for logistics warehouses, which have a greater impact on society. Started providing the rapyuta.io platform for the development of AI forklifts for logistics warehouse 2015-2017 2018 2019 2020 PA-AMR is now in operation at Nippon Express and Sagawa Global Logistics warehouses! We are striving to expand our market in Japan and around the world. Go Live! Open Bangalore branch! Focus on PA-AMR Start offering rapyuta.io Expanding our business

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History(After establishment #2) Company was on a large scale as talented members joined. We began to shift towards an agile organization from start-up. Rapyuta PA-AMR was continuously expanded in the JP market. ・In April, raised a JPY 6.4 billion Series C round. ・In August, Rapyuta PA-AMR got top share of the domestic market ・In September, new product Rapyuta PA-AMR XL model ・Opened New Office in Chicago, U.S.A., as the First Step in Global Expansion. ・Autonomous Forklift is commercialized. ・ASRS (automated warehouse system) commercialized. 2021 2022 2023 Upcoming Future … With the vision “Empowering lives with connected machines” we are committed to providing comprehensive robotics solutions that can solve the challenges and enhance conveniences of customers. Towards Agile Organizaion Big Leap Year! US office & new products Comprehensive robotics solution provider

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2. Our Business

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Challenges in the logistics industry Labor Shortage Cost Increase Demand Fluctuations Operational Efficiency Slow technological evolution Challenges in the logistics industry The logistics and warehousing industry faces many challenges as modern society changes. The industry as a whole is experiencing a serious labor shortage due to an aging workforce and a younger generation's aversion to heavy labor and simple tasks. Another issue is the slow evolution and adoption of technology: many companies have yet to adopt the latest technologies such as IoT, AI, and robotics, and integration with existing systems is also a challenge. Learning and operating new technologies requires time and money, and many companies face this challenge.

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Solving Challenges with Rapyuta's Robotic Solutions Develop ment Sales Impleme ntation support Customer Success rapyuta.io Rapyuta Robotics develops cloud robotics platforms and supports robotics solution development, implementation, and operation. Currently, Rapyuta Robotics provides: • Pick Assist Robot ''Rapyuta PA-AMR'' • Autonomous Forklift ''Rapyuta AFL'' • Automated warehouse system ''Rapyuta ASRS'' Three robot solutions to our customers to solve various problems at logistics sites.

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Rapyuta's Core Product Pick Assist Robot Rapyuta PA-AMR Autonomous Forklift Rapyuta AFL Automated warehouse system Rapyuta ASRS rapyuta.io rapyuta io Cloud Robotics Platform

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Pick Assist Robot ''Rapyuta PA-AMR'' Main Features 1. Picking is performed in collaboration with work staff; the AI suggests the shortest picking route and also takes charge of transporting packages on behalf of the staff, reducing the walking distance of the picking staff. 2. Latest robotics solution that improves productivity and reduces the workload of picking staff. Rapyuta PA-AMR For 2 consecutive years

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Rapyuta AFL Autonomous Forklift ''Rapyuta AFL'' Main Features 1. Using our self-developed robotics platform raputa.io and AI technology, we flexibly handle complex warehouse operations. 2. High self-positioning estimation technology ensures safety and can be flexibly installed in existing warehouses without the need for reflectors or magnets. Supports nighttime operation, enabling early payback of investment.

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Rapyuta ASRS Automated warehouse system ''Rapyuta ASRS'' Main Features 1. Up to 10x productivity and 2.5x storage efficiency. Can be installed freely in blocks, without stopping existing warehouses, and can be installed in irregular and restricted spaces. 2. Flexibility to scale up or relocate to other locations even after installation in times of rapid change 3. High productivity through robot group control technology, one of Laputa Robotics' strengths. 4. Automation of heavy workloads and simple tasks, making human labor more valuable.

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Main Customers

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Awards Engineers from more than 30 countries around the world with a wide range of skill sets in hardware, software, and AI. The company has received numerous awards for the high technology and business potential of its products. Tokyo Metropolitan Government ''Tokyo Metropolitan Venture Technology Award'' 2022.10 9th Monodzukuri Nippon Grand Award ''Minister of Economy, Trade and Industry Award'' 2023.1 2023 Intellectual Property Rights (IPR) Award “Patent Office Commissioner's Award” 2023.4 Good Design Award Rapyuta PA-AMR 2023.10 Tokyo Contents/Solution Business Award 2023 ''Grand Prize'' 2023.11

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We have received high praise from public institutions for our development results to date and future development prospects. We have received grants from the Tokyo Metropolitan Government, NEDO, and Kyoto Sangyo 21. Subsidies R&D start-up support business / Product Commercialization Alliance (PCA) Subsidy amount: 250 million yen Project to Promote Development of Cooperative Domain Data Sharing and AI Systems to Promote Connected Industries Subsidy amount: 170 million yen TOKYO METROPOLITAN GOVERNMENT INNOVATION TOKYO PROJECT Subsidy amount: 500 million yen Deep Tech Startup support fund/ Deep Tech Startup Support Project(DTSU) Subsidy amount: 1.8 billion yen Research and development start-up support: Technology-based Startups Research and Development(TRY) Subsidy amount: 100 million yen

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3. Our Organization

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Rapyuta's Organization Chart Founders PA-AMR AFL ASRS Platform Corporate Agile Organization Rapyuta become an agile organization in 2021 to be able to flexibly respond to a rapidly changing environment. • A flat organizational structure will distribute authority, make it easier for all members to express their opinions, and speed up decision-making. • Be able to respond quickly to market and customer needs. Project Management Sales Marketing Operation Engineer Etc.....

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Rapyuta in Figures Employees and job categories Age structure Average age 36.7 (Directors and regular employees as of August 2024) 54.7 % 23.8 % 10.8% 10.7%

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We have about 200 employees in our Tokyo, India and the U.S. offices. About 30 different nationalities are represented! The percentage of foreign employees is over 60%. Multinational members Australian Brazilian British Canadian Chinese French German Indian Indonesian Japanese Malaysian Mexican Spanish Sri Lankan Swiss Turkish American Vietnamese Finnish Swedish and more!

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The elite in their fields come from various companies and universities around the world! Member's Alma Mater, Former Company EPFL, ETH Zurich, University of Bonn, University of Glasgow, Columbia University, University of Waterloo, ESADE Business School, University of California, Los Angeles (UCLA), Indian Institute of Technology, University of Tokyo University of Tokyo, Tokyo Institute of Technology, Keio University, Waseda University, University of Tsukuba... Google, Amazon, Microsoft, BOSCH, JP Morgan, Samsung, IBM, Accenture, Nomura Securities Co., Ltd., Rakuten Group, Inc., Sony, Audit firm, Startup, Sole proprietor... College Company

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Shu - Accounting Manager After graduating from Waseda University with a major in literature, he worked in international taxation at Kawasaki Kisen Kaisha, Ltd. and led accounting for holding company accounts and M&A at Recruit Co., Ltd. He joined Rapyuta Robotics to expand his finance expertise while supporting companies facing socially impactful challenges. Currently, he offers a wide range of financial services, including offensive support for company growth through fundraising and business plan development, as well as defensive support through closing accounts and establishing internal control systems. Employee Introduction Shoko - Inside Sales She majored in Development Studies at Ritsumeikan Asia Pacific University and studied in the United States. After graduation, she worked as a sales representative for industrial cranes at Sumitomo Heavy Industries Transport Systems. Inspired by her volunteer work in Thailand during high school, she pursued a career focused on enriching society and joined Rapyuta Robotics in January 2022. As a member of the sales team, she is dedicated to providing solutions that integrate software and hardware, aiming to build customer trust through tailored proposals. Tad - VP of Project Management After graduating from Hiroshima University with a degree in Information Engineering, Tad worked as a software engineer on various programming and design projects. Recognizing the limitations of other companies' products, he joined Rapyuta Robotics to make a more direct societal impact. Currently, as Project Manager Leader, he oversees the execution of the Rapyuta PA-AMR (Collaborative Picking Assist Robot) project, guiding it from implementation to the start of operations. Jaiyam - Robotics Software Engineer After earning a doctorate in semiconductor technology, he joined Yanmar Holdings Co., Ltd. to pursue his passion for robotics, working on recognition systems for agricultural robots and an automatic operation project for space construction equipment. In January 2023, he became a Perception Engineer at Rapyuta Robotics, where he addressed customer issues within the Automated Warehouse (ASRS) team. Leveraging his extensive experience, he rapidly led the development of a new robot and now serves as a team leader in system integration.

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We holds a monthly All-hands meeting where all employees participate, which embodies one of our six core values –Openness. These meetings enable us to clarify our targets and objectives for the future. After the meeting, we hold an in-house party called a “Company Meetup” to provide new opportunities for cross- squad interaction. All-hands meeting and Company meet up Culture Series Vol.5 All-hands meeting and Company meetup

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We develop both software and hardware in-house, and have a demo space in our office, so you can always be in touch with cutting-edge technology in a stimulating environment. Cutting-edge robots and technology close at hand

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4. Careers

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Looking for members to join us in creating a new future with robots! In our society, there are many jobs that are known as 3D work (demanding, dirty, dangerous), and only a few percent of these jobs are automated. Our goal is to automate these jobs with the power of robots and create a world where people can take on more creative work. Because the robotics industry is still in its infancy, the possibilities are endless. This is a field where we can shape a new future with our own power. Why don't you join professionals from more than 30 countries in various fields to create a society that is one step ahead of us?

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Rapyuta Robotics Careers Search for our open positions! https://www.rapyuta-robotics.com/careers/

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Thank you!

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Appendix

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A comprehensive introduction to Rapyuta Robotics from the perspective of our two founders! They mention the social problems we are encouraged to solve and the future we are aiming for. ーKey pointsー ● The thoughts of the two founders and their vision for the future ● The history of Rapyuta from its establishment in 2014 to now ● Rapyuta's cherished culture and core values. 【Company introduction video】(Spoken Language:English) Culture Series Vol.6 Created two videos to introduce the company and culture

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About Product, Vision, and Culture If you want to know more, watch our videos! Learning from videos TEDX Youth BSフジ この国の行く末2

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