May 20, 2026 SpiderPlus&Co. Kenji Ito, President and Representative Director (TSE Growth: 4192）

Script FY2026.Q1 Results briefing materials

【Notes1】

This document has been translated from the original Japanese version*1 for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

*1 : Click here for the original Japanese version.：

• https://contents.xj storage.jp/xcontents/AS81382/dae1db21/9043/4789/b9c3/b845173a2fbc/14012026 0515536406.pdf

【Notes2】

Forward-looking statements in this script are not guarantees of future results or performance. Such forward-looking statements involve known and unknown risks and uncertainties that could cause actual future results and financial condition to differ materially from any future results or outcome expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those described in these statements include, but are not limited to, changes in national and international economic conditions and trends in the industries in which we operate. This transcription has been prepared for informational purposes only. It is not intended as an offer to sell or a solicitation of an offer to buy any securities in Japan, the United States or elsewhere.

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First, we will explain our Business Overview.

The construction industry, in which we operate, is expected to see long-term market expansion due to national resilience, urban redevelopment, and demand for infrastructure development.

On the other hand, there is a serious issue that the workforce at the site will decrease dramatically.

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For construction companies, securing construction capacity to prepare for expanding demand and improving productivity to address the worsening labor shortage have become urgent issues.

To address these issues, we provide services that transform operational processes at the site by combining Human resource and technology.

Our specific approaches are standardization through software, outsourcing through BPO, enhancement through customization and consulting, and automation using AI.

To achieve this, we provide three services: "SPIDER+ Workspace", "BPO Service", and "Professional Service".

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As our strategy, we are developing our business to continue deep penetration into our customers' operational processes.

We are building our core service, "SPIDER+ Workspace," as a suite of integrated management software for the site that consolidates industry knowledge. By combining it with "Human resource" and technology, such as "BPO" and "Professional Services," we will create a growth cycle of circulation.

From here, we will explain the financial results for Q1 FY2026.

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First, here are the highlights for Q1.

Net Sales were 1.2 billion yen, and Operating profit was 5 million yen.

Net Sales are progressing on par with previous years, and we are improving profitability in Operating profit toward the forecasted full-year profitability.

As for ARR, it landed within the target range.

We will explain the business and management highlights below.

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Regarding performance.

As we explained earlier, Net Sales are progressing at the planned level.

We will improve profitability in Operating profit toward quarterly profitability and full-year profitability.

Regarding ARR.

ARR growth has temporarily slowed down due to the strategy change along with the announcement of the Workspace concept in the previous period, but this progress is as expected.

From Q2 onwards, we expect ARR growth to accelerate as the net increase in ARR from existing customers expands due to the effects of our current sales activities.

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Regarding ARPA, ARPA growth in Q1 is generally at the planned level.

Negotiations for proposals to switch to package plans for existing customers, which we have been promoting since the previous period, are accumulating smoothly.

From Q2 onwards, we will accelerate ARPA growth by closing the accumulated negotiations.

Regarding the number of contracted companies, both new contracts and churn are progressing at the planned level.

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Regarding the churn rate, there is no change in the trend that churning companies are SMBs with a short period since introduction.

Based on the trends of the onboarding measures we are currently strengthening, we expect the churn rate to decrease.

Regarding the consolidated balance sheet, although cash and deposits decreased due to the payment of corporate taxes and the repayment of borrowings, we have built a stable financial base as EBITDA has turned positive and the equity ratio is 66%.

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Regarding the consolidated statement of income, there is no change that stock revenue is driving Net Sales growth.

Spot revenue is expected to expand toward the second half due to the progress of ordered projects.

Regarding gross profit, it is progressing as planned.

The decrease in gross profit QoQ is mainly due to the progress of spot revenue.

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Regarding SG&A expenses, we plan to keep them within the range of 1.0 to 1.1 billion yen per quarter this fiscal year.

In Q1, these expenses were lower than planned as we controlled human resource investments while assessing business progress and optimized costs.

We will continue to make the necessary human resource investments for growth while monitoring business progress.

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From here, we will explain the business topics.

First, to strengthen our sales network, Daiwabo Information System Co., Ltd., Japan's largest IT distributor, has started handling "SPIDER+".

Since Daiwabo Information System has about 19,000 sales partners in Japan, this start of handling has strengthened our structure to deliver our services to construction companies nationwide.

The second business topic is about our new service, S+Trace, which is related to the "Materials & Equipment" area in the Workspace concept.

S+Trace is a service that streamlines the management of materials and equipment, which is in high demand at construction sites, and we developed it under the supervision of Takasago Thermal Engineering Co., Ltd., a major equipment contractor.

Going forward, we will also contribute to improving our customers' productivity in the area of materials and equipment management.

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Here are the corporate topics for Q1.

The capital reduction procedures, which were disclosed in the previous quarter to ensure the agility and flexibility of our capital policy, have been completed.

Regarding our future capital policy and shareholder returns, we plan to flexibly implement shareholder return measures by comprehensively considering the stock price level and capital efficiency, while ensuring the necessary investments for future growth and financial stability.

For inquiries regarding this matter, please contact

Finance and IR Department, SpiderPlus&Co. Email inquiry to : [email protected] Telephone inquiries: +81-3-6709-2834

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