ANA HOLDINGS' 'ANA Future Frontier Fund' Invests in
Cierpa & Co., Inc.

TOKYO, Aug. 28, 2025 - ANA HOLDINGS INC. (ANA HD), through its corporate venture capital fund "ANA Future Frontier Fund L.P.," today announced an investment in Cierpa & Co., Inc. (Cierpa), a startup focused on corporate sustainability and environmental, social and governance (ESG) management.

Cierpa combines specialized expertise with technology-driven services beyond its "SmartESG" sustainability data platform, which standardizes disclosure processes and consolidates sustainability information with advanced analytics. Launched in November 2022, the platform supports sustainability data management for companies and key stakeholders with a combined market capitalization of more than 200 trillion yen.

ANA HD is investing in Cierpa as part of its approach to leverage nonfinancial disclosures to strengthen corporate value. ANA recognizes the growing prevalence of these services and the startup's strong commitment to its vision. Through the partnership, ANA plans to advance ANA Group's ESG management and continue contributing to a more sustainable future while enhancing business operations.

As both a shareholder and user, ANA values its partnership with Cierpa in creating a new framework for sustainable, strategic business advancement in the ESG era.

About Cierpa

Location Shinagawa-ku, Tokyo, Japan
Representative Jun Sugimoto
Founded September 2019
URL https://cierpa.co.jp/ (Available only in Japanese)

About ANA Future Frontier Fund L.P.

Name AH-GB Future Creation Investment Limited Partnership
("ANA Future Frontier Fund L.P.")
Date of establishment April 2024
Fund size 8 billion yen
Operational Period 10 years
Major Investment Fields

Accelerating new business creation and strengthening non-airline ventures to enhance revenue streams while improving airline profitability and elevating the customer experience.

EXAMPLES
Next-generation mobility, including air mobility, Mobility as a Service (MaaS) platforms, Universal MaaS, drones and space. Customer-focused businesses such as fintech, data analytics and non-fungible tokens (NFTs). Carbon neutral fuels including sustainable aviation fuel (SAF), negative emissions technologies like direct air capture (DAC), green energy and carbon offsets. ANA HD is actively exploring additional innovations in aviation services and operations, such as robotics, AI and self-driving technologies.
Unlimited partner Global Brain Corporation
Limited partner ANA HOLDINGS INC.
URL https://www.anahd-cvc.com/en

Inquiries from corporate customers: contact_afff@anahd.co.jp

Contact: ANA Corporate Communications, TEL +81-3-6735-1111, publicrelations@ana.co.jp

About ANA HOLDINGS
ANA HD was established in 2013 as the largest airline group holding company in Japan, comprising 71 companies. It offers three distinct airline brands: ANA, Peach, the leading LCC in Japan, and AirJapan, launched in 2024 for international routes covering Asia.

ANA's legacy of superior service has earned SKYTRAX's 5-Star rating every year since 2013, making it the only Japanese airline to win this prestigious designation for 12 consecutive years.

In 2025, ANA was honored with FlightGlobal's Executive Leadership: Asia-Pacific Award for its visionary leadership and strategic growth.

ANA is also a four-time recipient of the ATW Airline of the Year award, recognized for excellence in aviation.

ANA HD has been selected as a member of the Dow Jones Sustainability World Index list for eight consecutive years and the Dow Jones Sustainability Asia Pacific Index list for nine consecutive years.

For more information about ANA and ANA HD, please visit: https://www.ana.co.jp/group/en/