Announcement Regarding Ceres Fauna’s Graduation

Today, we have launched our official owned media "COVERedge" URL：<a href="https://coveredge.cover-corp.com/en/" target="_blank" rel="noopener noreferrer">https://coveredge.cover-corp.com/en/</a> [COVER] + [Edge] We aim to be a media that conveys the "edge" (cutting-edge) of the industry and the "edge" (front line) of COVER, while fostering "coverage" (inclusion and co-creation) for everyone involved in COVER.

Cover official owned media “COVERedge” launched

Announcement Regarding Defamation, Impersonation and Other Harassment Towards COVER Talents

Recommendations and Guidance from the Japan Fair Trade Commission Based on the Subcontract Act

Announcement of Minato Aqua's Graduation

Announcement Regarding Termination of Contract with Hizaki Gamma

Thank you for your continued support for COVER Corporation and hololive production.&nbsp; In addition to the recently released video message from Motoaki Tanigo, CEO of COVER Corporation, we would like to take this opportunity to explain our company's policy on global expansion.<h3 style="text-align:justify" id="hfd4db9ec6b">Creating Culture Loved by the World Across Regions</h3>Our company is promoting the expansion of VTuber content globally, not just in Japan. Specifically, under our mission, "Let's Create Culture Loved by All," we aim to provide opportunities for fans worldwide to engage with our content and spread VTubers as a culture loved by even more. We have established VTuber groups in English-speaking regions and Indonesia. Additionally, we recognize that our content, including that of our Japanese groups, is enjoyed globally through various fan creations and secondary content. We firmly believe that VTubers, through fan creations, are not just content to be enjoyed but also content that transcends creation and fosters further creativity among fans and creators. Starting with highlight videos, VTubers are now active in various forms across multiple platforms, including game production. We consider that we are providing a stage for creators, including the VTubers themselves, to shine. By growing our content to be loved more globally, we can offer more opportunities for creators to thrive worldwide.<h3 style="text-align:justify" id="h22fadd2b2a">Elevating to Entertainment Universally Available Around the World</h3>Global expansion is one of our key strategies. We plan to focus further on North America and Southeast Asia by increasing localized content, products, and service distribution. In these regions, we are actively promoting the distribution of extensively localized content, including not only online but also large-scale local events such as the recently announced world tour. Our fans exist beyond the regions where we have expanded our groups. For expansion into these areas, we will first advance similar expansions in regions where anime culture has already made significant inroads, such as East Asia and Europe. As a precedent, we have provided multilingual localization for "holo no graffiti (hologra)" series. In addition, we are gradually progressing with activities such as participating in local events and distributing content on local platforms, with the cooperation of talents under the company's leadership. As the popularity of VTubers grows, collaborations with local companies will increase, providing more opportunities for VTubers and creators similar to those in Japan. Our expansion is essential to elevate them as a form of culture the world loves. We will continue to update you on the progress of these initiatives through releases and our various social media channels.<h3 style="text-align:justify" id="ha83eb84811">Risk Management System Around the Clock</h3>In advancing these initiatives, we are simultaneously strengthening our internal structure. We have sincerely acknowledged past shortcomings and have been steadily enhancing our headquarters' capabilities by addressing risks related to counterfeit products and services in various countries and brand reputation issues such as slander and defamation.&nbsp; As a company that owns VTubers, we have formed an unprecedented 70-member in-house moderation team (as of June 2024) and are conducting moderation for all broadcasts, including post-broadcast. We have also established a system for immediate escalation within the company in observation of signs of risk.&nbsp; In addition to these measures, we plan to collaborate with local agencies and platforms familiar with the local business and community to address these issues for future local expansions.<h3 style="text-align:justify" id="he681031036">“Together, Let’s Create Culture Loved by All”</h3>To reiterate, under our mission, "Let's Create Culture Loved by All," we aim to provide opportunities for fans worldwide to engage with our content and spread VTubers as a culture loved by many. We will continue to conduct our business to achieve this mission. We sincerely appreciate your continued support and patronage of us and hololive production. Please look forward to our future developments. COVER Corporation

Announcement regarding COVER Corporation’s Global Expansion

COVER Corporation (Minato-ku, Tokyo; CEO: Tanigo Motoaki) has announced that hololive production x ANIPLUS collaboration café will be open in Korea for a limited period from April 25th, 2024. The collaboration café offers a collaboration menu featuring Minato Aqua, Hoshimachi Suisei, Tokoyami Towa from hololive’s unit “Startend” and Mori Calliope, Takanashi Kiara, Ninomae Ina’nis, Gawr Gura, Watson Amelia from “hololive English -Myth-“. Attendees who order the collaboration menu will receive exclusive items. In addition, hololive production x ANIPLUS collaboration café collaboration merch will be released to celebrate this collaboration. Please follow the ANIPLUS Official Twitter account for the latest updates. <a style="color:#48c5f4;background-color:#ffffff" href="https://twitter.com/ANIPLUS_SHOP" target="_blank" rel="noopener noreferrer">https://twitter.com/ANIPLUS_SHOP</a><h3 id="he97eda2bff">hololive production x ANIPLUS Café</h3><img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/fb34c86164674c63b82861fc35e633f7/20240412_sub_01.jpg" alt=""> ANIPLUS SHOP Seoul April 25th – June 2nd B101, Mapo Hangang PRUGIO 2nd apt. Arcade, 14 World Cup-ro 3-gil, Mapo-gu, Seoul, Republic of Korea ANIPLUS SHOP Busan April 25th – June 2nd 9F, 672, Jungang-daero, Busanjin-gu, Busan, Republic of Korea ANIPLUS SHOP Daejeon April 25th – June 2nd 401~403, Cheongjeong-Building, 126, Jungang-ro, Jung-gu, Daejeon, Republic of Korea ANIPLUS SHOP Gwangju April 25th – June 2nd 12, Chungjangnoan-gil, Dong-gu, Gwangju, Republic of Korea<h3 id="he8c0ce3f9a">hololive production x ANIPLUS Café Menu</h3><img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/7ffd0a69c6384c2ea369119f45bc0a80/20240412_sub_02.jpg" alt=""><h3 id="hbb41d72c2c">Premium Giveaways</h3>Limited Bonus for the 1st and 2nd Week Coaster (Random) <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/5bce369cb7a7458a9eaf9c4e2c30e1cd/20240412_sub_03.jpg" alt=""> *Limited bonus for the 3rd week and onwards will be announced at a later date. Limited Bonus Postcard (Random) <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/464aec02eb8d4cc7b639aae8e94fde35/20240412_sub_04.jpg" alt=""> *Designs distributed randomly. *All premiums are available while stocks last only.<h3 id="h7b4677238d">hololive production x ANIPLUS Café Merch</h3><img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/09d69012496d48c8a5e2da5959a63921/20240412_sub_05.jpg" alt=""> <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/3abfdca0a1a04eecb766e302fab9cb7b/20240412_sub_06.jpg" alt=""> <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/fdbab822c1b2437b92af61894189beda/20240412_sub_07.jpg" alt=""> <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/f131efcc7a864bf2a2b16aa1ef833fd3/008_goods04_2.jpg" alt=""> <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/81a82f1f663e40a4b9f94bae7878c589/009_goods05.jpg" alt=""><h3 id="hc7ace5c29d">hololive production x ANIPLUS Café Merch Bonus</h3>With 20,000 KRW spent on hololive production merchandise: Sticker (random) With 50,000 KRW spent on hololive production merchandise: Hologram Ticket (random) With 70,000 KRW spent on hololive production merchandise: Transparent fan (random) <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/b4bd14d48eee40d98088192c914ccf63/010_last.jpg" alt=""> *Designs distributed randomly. *All premiums are available while stocks last only. Please follow the ANIPLUS Collaboration Café Official Twitter account for the latest updates. <a style="color:#48c5f4;background-color:#ffffff" href="https://twitter.com/ANIPLUS_SHOP" target="_blank" rel="noopener noreferrer">https://twitter.com/ANIPLUS_SHOP</a>

hololive production x ANIPLUS Collaboration Cafe Opens in Korea From April 25th, 2024

COVER Corporation (Minato-ku, Tokyo, Japan, CEO: Motoaki Tanigo) announced that it will be opening its inaugural overseas subsidiary COVER USA in North America. The main objective for opening their&nbsp;first location outside of Japan is aimed at localization efforts to facilitate global expansion.&nbsp;COVER USA will uphold its&nbsp;mission "Together, Let’s Create Culture Loved by All" and is committed to expanding its&nbsp;talent group to&nbsp;English-speaking countries and Indonesia, engaging in VTuber business on a global scale. Given this context, COVER Corporation&nbsp;believes&nbsp;that to expand and promote "VTuber" culture globally, it is crucial to establish localized business environments, including tailored content provision and sales activities in each region. In the past year, COVER Corporation has begun to create awareness of the VTuber industry in these markets.&nbsp;In 2023, COVER Corporation held the first-ever hololive production concert “hololive English 1st Concert -Connect the World-“ in North America, in addition to collaborating and partnering with international companies. hololive production also participated in 26 overseas events (from April 2023 to December 2023). Additionally, in August 2023, COVER Corporation’s VTuber, Gawr Gura was awarded VTuber Of The Year at the Streamy Awards, the largest content-creator focused award show in North America,&nbsp;COVER Corporation was also recently awarded the Runner-Up Award in the Project Category for CJPF Awards 2024, an initiative organized by the "Cool Japan Public-Private Partnership Platform" (Intellectual Property Strategy Headquarters, Cabinet Office of Japan). It aims to select and commend initiatives deemed suitable for the "Cool Japan Strategy" from a wide range of videos and projects that promote Japan's attractiveness overseas, and helps facilitate inbound expansion, with selections made by a judging committee.These activities have helped expand the recognition and awareness of VTuber activities. &nbsp;"COVER Corporation is actively striving to promote the culture of Japan-made "VTubers" phenomenon worldwide. Last year, we participated in over 20 anime conventions and successfully held a large-scale live concert in North America. We are excited to announce the establishment of our first overseas office to further bring awareness to the VTuber culture in North America. Through our North American subsidiary, we aim to expand our local PR efforts and business operations. We look forward to collaborating with various local companies in the future and are excited about the opportunities ahead." commented Motoaki Tanigo, CEO of COVER Corporation. &nbsp;Starting with COVER USA,COVER Corporation, will further&nbsp;deploy various measures to expand the&nbsp;local community and create new&nbsp;business opportunities on-site. Simultaneously, through the content IP of VTubers, they will&nbsp;collaborate to create a new field where virtual entertainment&nbsp;transcends borders and generations and creators from various genres around the world can thrive.<h3 style="text-align:justify" id="h6853c596da"> Establishing COVER USA</h3>&nbsp;In recent years, the global entertainment market, including games, anime, and manga, has been expanding. The VTuber market, in particular, is expected to reach 80 billion yen1 in Japan in fiscal year 2023 and is predicted to grow significantly to approximately 25 trillion yen2 globally by 2028. Among these, the North American market has a strong foundation in entertainment culture with its own intellectual properties (IPs). Japanese character IPs with worldwide recognition have historically gained popularity and enthusiasm through North American media channels, further expanding through merchandising and licensing.&nbsp;Given this background, COVER Corporation has decided to establish COVER USA in North America as the first step in accelerating global business and content expansion. We aim to elevate the "VTuber" culture into a Japanese-originated new content business that can compete alongside manga, anime, and games on a global scale.&nbsp;For more information about COVER Corporation, visit <a style="color:blue" href="https://cover-corp.com/en" target="_blank" rel="noopener noreferrer">https://cover-corp.com/en</a>. Source*1 "Thorough Study of the 2023 VTuber Market: Market Research Edition" by Yano Economic Research Institute (<a href="https://www.yano.co.jp/press-release/show/press_id/3304" target="_blank" rel="noopener noreferrer">https://www.yano.co.jp/press-release/show/press_id/3304</a>) *2 "Analysis of the World Market for VTubers (Virtual YouTubers) (2022)" Market Research Report by Global Information Co., Ltd. (<a style="color:blue" href="https://www.gii.co.jp/report/qyr1206289-global-vtuber-virtual-youtuber-market-research.html" target="_blank" rel="noopener noreferrer">https://www.gii.co.jp/report/qyr1206289-global-vtuber-virtual-youtuber-market-research.html</a>)

COVER Corporation Announces Its First Overseas Subsidiary,  COVER USA

(Mr. Takeshi Natsuno, co-chairman of Cool Japan Public-Private Partnership Platform, Specially Invited Professor and Director of Cyber Informatics Research Institute Kindai University (left), with Motoaki Tanigo, CEO of COVER Corporation (right)) COVER Corporation (Minato-ku, Tokyo, Japan, CEO: Motoaki Tanigo) announced that “hololive English 1st Concert -Connect the World-“ received Runner-Up Award in the Project Category for CJPF (Cool Japan Public-Private Partnership Platform) Awards 2024 (hosted by Intellectual Property Strategy Headquarters, Cabinet Office of Japan).&nbsp; The "CJPF Awards 2024" is an initiative organized by the "Cool Japan Public-Private Partnership Platform" (Intellectual Property Strategy Headquarters, Cabinet Office of Japan). It aims to select and commend initiatives deemed suitable for the "Cool Japan Strategy" from a wide range of videos and projects that promote Japan's attractiveness overseas, and helps facilitate inbound expansion, with selections made by a judging committee. hololive production’s first-ever full-scale live event "hololive English 1st Concert -Connect the World-" by hololive English has been recognized as a project that conveys the charm and appeal of Japanese culture to overseas audiences, receiving the Runner-Up Award in the Project Category.&nbsp; hololive English debuted in September 2020 as hololive production's first VTuber group targeting the English-speaking audience. The group includes popular members like Gawr Gura, who holds the world's highest number of YouTube channel subscribers* among VTubers, and Mori Calliope, who made her major debut under Universal Music. In July 2023, the third unit of the hololive English group, "hololive English -Advent-", made its debut, bringing the total to 15 members. Members of hololive English continue to engage in activities for English-speaking audiences. In 2023, in addition to collaborating and partnering with international companies, hololive production participated in 26 overseas events (from April 2023 to December 2023). Furthermore, we held our first-ever live event “hololive English 1st Concert -Connect the World-“ &nbsp;in North America, which was a significant milestone for the group. In August 2023,&nbsp; Gawr Gura was honored at the Streamy Awards, the largest content-creator focused award show in North America, as the VTuber of the Year. These activities have helped expand our global recognition, particularly in English-speaking regions. COVER Corporation and hololive production will continue and promote such endeavors. "Congratulations on the Runner-Up Award. In recent years, Japan has often been perceived as being behind in terms of innovation, however, in the field of virtual performance, Japan boasts its unique technology and content with VTubers, garnering wide attention from around the world. With predictions indicating a 35% growth in the global VTuber market, events like COVER Corporation's sold-out debut overseas performance in Los Angeles serve as an excellent example. We look forward to more events taking place abroad in the future!" commented Lauren Rose Kocher, CJPF judge and CEO of Vegas PR Group. “We are humbled and would like to express gratitude for the Runner-Up Award at the Cool Japan Platform Awards 2024. VTubers, a medium originating from Japan, have gained popularity not only domestically but also internationally. The demand for VTuber content is increasing year by year, and we are committed to creating content loved by fans both in Japan and abroad, contributing to the continuous development of the VTuber industry, and striving to make it one of Japan's representative cultures," commented Motoaki Tanigo, CEO of COVER Corporation. *Resource: User Local (As of February 26, 2024) <h3 id="h7d72a7ad5f">hololive English 1st Concert -Connect the World- Supported by Bushiroad Overview</h3><img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/880fd232056940a29179bab01a6cf7dc/30268-1018-0ad055817045712b674ab3b92577f60b-850x478.webp" alt="">

Date / Time Sunday, July 2nd, 2023 (USA Pacific Daylight Time) Open: 18:00 / Streaming Site Open: 18:00 / Event Start: 19:00 Monday, July 3rd, 2023 (Japan Standard Time) Event Streaming Site Open: 10:00 / Event Start: 11:00 Venue YouTube Theater (Los Angeles, California) Talent Lineup Mori Calliope / Takanashi Kiara / Ninomae Ina'nis / Gawr Gura / Watson Amelia / IRyS / Ceres Fauna / Ouro Kronii / Nanashi Mumei / Hakos Baelz Tokino Sora / Hoshimachi Suisei / Houshou Marine Ayunda Risu / Moona Hoshinova / Pavolia Reine Presented By COVER Corporation / hololive production / hololive English Sponsors Official Premium Sponsor: Bushiroad&nbsp; Official Sponsor: Good Smile Company / OMOCAT / HYTE For more information on the CJPF Awards, please visit <a style="color:#0000ff" href="https://cjpf.jp/en/" target="_blank" rel="noopener noreferrer">https://cjpf.jp/en/</a>.&nbsp;&nbsp; For more information on hololive English 1st Concert -Connect the World- Supported by Bushiroad, please visit <a style="color:#0000ff" href="https://connecttheworld.hololivepro.com/" target="_blank" rel="noopener noreferrer">https://connecttheworld.hololivepro.com/</a>. &nbsp; <h3 id="h769cb619b3">About CJPF&nbsp;</h3><img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/36aa6d09c1614d95967dbb58e215d24e/30268-1018-4658258b28c3b9ccf41c0ae910694d1b-2554x1699.webp" alt=""> With the declaration of the Cool Japan Strategy Public-Private Collaboration Initiative by the Cool Japan Strategy Promotion Council, the Cool Japan Public-Private Partnership Platform (CJPF) was founded in December 2015 with the goals of deepening the Cool Japan strategy and strengthening partnerships between the public and private sectors, and across industries, in relevant fields. Since then, numerous seminars and networking events have been held to facilitate public-private and cross-industry partnerships and create new business opportunities.

“hololive English 1st Concert -Connect the World-“ Receives Runner-Up Award in the Project Category for CJPF Awards 2024

[Apology and Correction] We apologize for the omission of a phrase which was in the Japanese Announcement but not in the English Announcement in the previous post. * Third Paragraph "It has been confirmed that Yozora Mel has been engaging in acts that violated her contract by leaking information to third parties that she acquired from the company. As a result, we have determined that it has become difficult to continue managing and supporting her and have elected to make this decision." ↓ "It has been confirmed that Yozora Mel has been engaging in acts that violated her contract by leaking information that she acquired from the company to third parties. As a result, we have determined that it has become difficult to continue managing and supporting her and, with agreement from the talent, we have elected to make this decision."

Announcement Regarding Termination of Contract with Yozora Mel

Thank you for your continued support of COVER Corporation (hereinafter referred to as "COVER Corp.") and its VTuber agency, hololive production. At COVER Corp., our dedicated team of staff members has worked together with our lawyers to combat slander and other acts of infringement (hereinafter referred to as "infringements of rights"). The following is a report of the measures taken during a one year period, from January 2023 to December 2023. <h3 id="h39d5256e5e">Measures Taken Against Infringements of Rights of Affiliated Talents</h3>Number of infringement of rights cases handled in the time period: 116 COVER Corp. is taking ongoing measures to report infringement of rights incidents found on Internet forums, social media, and other websites. In addition, we are taking steps to prevent further incidents by negotiating with and taking legal action against administrators of certain malicious aggregator websites that may exist and encourage infringement of rights. The following is an excerpt from the report on the aforementioned measures. <h3 id="h26604dc0ce">Outline of Actions Taken</h3>1. Legal Action Against Infringements of Rights on Online Forums and Social Media Among posts on online forums and social media services, including the service known as X (formerly Twitter), COVER Corp. is both preparing to and currently implementing requests for disclosure of sender information ("disclosure requests") for particularly malicious posts. Specifically, 14 disclosure requests were filed in 2023 alone, and nine of them were disclosed. In four of these cases, the parties reached settlements on the terms and conditions requested by COVER Corp., including compensation for damages and a ban on future social media posts regarding our company and any affiliated talents. COVER Corp. will continue taking legal action and is currently responding to ongoing court proceedings for disclosure requests and settlement negotiations. In addition to disclosure requests, we are also taking such actions as to delete and report infringing posts and accounts, with existing ones having been removed. 2. Legal Action Against Harassment Directed at Overseas Talents Malicious acts such as harassment against our overseas talents are dealt with through swift legal action, including issuing warnings through local attorneys and COVER Corp. will continue to build rapport with them going forward in an effort to promptly respond to any infringements of rights that may occur as we expand abroad. 3. Legal Action Against Aggregator Websites Negotiations and legal action have been taken against the administrators of certain aggregator websites, other sites which were determined to have infringed on our copyrights and other rights, and post information that contains defamation against COVER Corp. or its talents – settlement agreements have been reached with some of the administrators of these and other websites. As of the date of this report, responses against 5 particular websites have been concluded, with responses against several other administrators still underway. In addition, a system has been established which will allow us to cooperate with certain aggregator websites to more quickly delete submissions and comments that defame COVER Corp. and any affiliated talents. 4. Legal Action Against Criminal Response Any information related to harmful submissions on online forums, including those that may threaten the life or well-being of our talents or employees, are promptly shared with and reported to local authorities. Please note that we are unable to provide details regarding ongoing criminal cases. 5. Cooperation with Business Partners COVER Corp., in cooperation with our business partners, will continue to form and enact legal measures, such as damage claims and any other necessary actions, against acts that may interfere with the business operations of any parties involved, including but not limited to COVER Corp., its affiliated talents, and any business associates. 6. Cooperation with Stakeholders In December 2022, COVER Corp. released a joint statement with ANYCOLOR, Inc. (<a href="https://cover-corp.com/en/news/detail/20221205_announcement_en" target="_blank" rel="noopener noreferrer">https://cover-corp.com/en/news/detail/20221205_announcement_en</a>) aimed at eradicating defamatory acts against our affiliated talents. In July 2023, we released an additional joint statement announcing the formation of a “Anti-Defamation Study Group” with the cooperation of Google LLC, note inc., UUUM Co., Ltd., ANYCOLOR, Inc., and related experts. COVER Corp. representatives thereafter attended and spoke at the Anti-Defamation Forum held in December 2023 in an ongoing effort to further cooperate with our stakeholders. COVER Corp. will continue to improve our internal structure and strengthen cooperation between our legal advisors and judicial institutions, taking stringent measures against defamation and any other malicious acts toward our talents and providing a safer working environment for our talents. We would like to thank our fans for their continued support of our talents. COVER Corp. has prepared the following form and would appreciate fans using it to share any instances of slander or defamation directed at our talents. &lt;COVER Corp. - Defamation Report Channel&gt; <a href="https://cover-corp.com/en/report" target="_blank" rel="noopener noreferrer">https://cover-corp.com/en/report</a> ● Please note that we will be unable to reply to individual inquiries. Our hope is that all talents at hololive production can enjoy interacting with their fans. We will continue to take measures against defamation, as well as provide our talents with the mental and emotional support that they require and deserve. We thank you for your understanding in this matter. January 11, 2024COVER Corporation

Announcement of Measures Taken to Combat Defamation and Other Infringements of Rights

COVER Corporation (Minato-ku, Tokyo, Japan; CEO: Motoaki Tanigo) expresses its deepest sympathy to everyone who has been affected by the 2024&nbsp;Noto Peninsula Earthquake that struck the area on January 1st, 2024 (JST). In response to this tragic event, COVER Corporation donated 5,000,000 Japanese yen as a relief fund to Japan Red Cross Society to support the victims who have suffered from the disaster and to aid in the restoration and reconstruction of the affected areas.&nbsp; &nbsp; COVER Corporation hopes that its donation and support will help with relief efforts to aid victims of this event and prays for the early recovery of the affected areas.

COVER Corporation to Offer Donation to 2024 Noto Peninsula Earthquake Relief Fund

November 15, 2023, Tokyo, JAPAN -- COVER Corporation (Minato-ku, Tokyo; CEO: Tanigo Motoaki) announced today the company’s revised “Derivative Works Guidelines” and has added “Derivative Work Game Guideline” to the overall guidelines. Along with this revision, the Company has established “holo Indie” as an overall game brand for derivative work games, and plans on releasing “Holo Parade” as the first game title of this brand. “Derivative Work Game Guidelines” aims to provide an ecosystem that supports the ongoing activities of the derivative work game creators, and to encourage more fans to co-create with fans and creators around the world. We aim to create opportunities to deliver a wide variety of derivative games to everyone. Additionally, as a Game Creator Support Program*1, we have decided to provide posting on Steam accounts for derivative games, and have decided to launch a new game brand "holo Indie" for derivative work games.&nbsp; With this program, creators can distribute paid contents using IPs of COVER Corporation, and support continuous activities by creators making derivative works games. For more information, please refer to “Derivative Works Guidelines” and “Derivative Work Game Guidelines” on the hololive production website.&nbsp; We hope that “Derivative Work Game Guidelines” and “holo Indie” will further expand the range of creators' activities. &nbsp; *1 To provide the Game Creator Support Program, CCMC, which the company established as a subsidiary, is entrusted with the necessary administrative tasks, including posting, screening, and management of Steam accounts and referral sites. <h3 id="h0bd6c06e58">About “holo Indie”</h3>“holo Indie” is the general term for Derivative Work Games created through the Game Creator Support Program with the aim of co-creating with fans and creators of hololive production around the world. &nbsp; Through "holo Indie," the game brand aims to provide an ecosystem that supports the ongoing activities of the derivative work game creators, and to create opportunities to deliver a wide variety of derivative games to everyone. <h3 id="h0cfb6033cd">About “Holo Parade”</h3>As the test case and first game title of holo Indie, we will be releasing "Holo Parade" created by an individual game developer “Roboqlo”. <img src="https://images.microcms-assets.io/assets/6368857617454c2591b02acff18e76bb/f11178fb0fff4119bf6fdaa7fc334712/%E3%82%AD%E3%83%BC%E3%83%93%E3%82%B8%E3%83%A5%E3%82%A2%E3%83%AB_EN.png" alt=""> “Holo Parade” is a 2D tower defense game for single player, featuring over 65 hololive production talents and mascot characters from hololive production. The game is scheduled for release on December 1, 2023. &nbsp; For more information about the game and system requirements, please check the "HoloParade" Steam page: <a href="https://store.steampowered.com/app/2647230/HoloParade/" target="_blank" rel="noopener noreferrer">https://store.steampowered.com/app/2647230/HoloParade/</a> Comment from the creator “Roboqlo” “My name is Roboqlo, and I am a fan of hololive production, and a creator for game development and illustration. I created HoloParade by myself, including planning, graphic creation, and programming. As a fan and creator, I put all my love and effort into this game, and I hope you will enjoy it.” X: <a href="https://twitter.com/roboqlo" target="_blank" rel="noopener noreferrer">https://twitter.com/roboqlo</a> pixiv: <a href="https://www.pixiv.net/users/32350769" target="_blank" rel="noopener noreferrer">https://www.pixiv.net/users/32350769</a> <h3 id="h94ab0cba5a">About Derivative Works Guidelines </h3>The Company has established the guidelines for the creation and use of derivative works so that fans may have the peace of mind to be able to enjoy our content in as many different forms as possible. We are promoting and supporting funs’ creations, and we will not exercise our rights regarding works that we deem to be derivative works, as long as they comply with the guidelines. In the guidelines, we have established “Derivative Works Guidelines,” that indicates the overall policies, “Guidelines for Clips" regarding creation of clips, “Fan Support Advertisement Guidelines” regarding fan-operated advertisements, and “Guidelines for Use of Music” regarding use of music content provided by us. &nbsp; As part of the support to clip creators’ activities, “Guidelines for Clips" indicates that the creators can use monetization schemes*2, so that we expect that fans may have the peace of mind to be able to enjoy our content in as many different forms as possible. Derivative Works Guidelines <a href="https://hololivepro.com/en/terms/" target="_blank" rel="noopener noreferrer">https://hololivepro.com/en/terms/</a> *2 We will not interfere with the use of partner programs or creator programs on video sharing sites such as YouTube, Niconico, etc., any advertising revenue earned thereof, or any other monetization schemes offered by such sites, provided that the guidelines, said sharing sites’ terms of use, and all third-party guidelines are adhered to, and no IPs or copyrights are infringed upon.

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