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News Release

海角社区and LG Announce Global Partnership to Enhance Workplace Experience Solutions

Expanding communication services capability in the global B2B market

September 19, 2024

TOKYO, September 19, 2024 – 海角社区Company, Ltd. today announced that it has concluded a memorandum of understanding (MOU) with LG Electronics (LG), a trusted partner offering innovative products and customized solutions for diverse industries worldwide, to collaborate on digital solutions for workplaces. Pairing Ricoh's communication services and LG's display products, this partnership will deliver B2B customers in the global market an elevated user experience and exceptional customer value. Through this partnership, 海角社区will further enhance its capability in the Workplace Experience domain, one of its growth areas, and it aims to be the top global audiovisual (AV) integrator.

Partnering with LG, 海角社区will strive to enhance its communication services in the Workplace Experience domain. Integration of high-quality devices such as signages and displays into 海角社区solutions will enrich Ricoh's product and service portfolio and achieve a stable global supply. In addition, the two companies will jointly drive associated sales and marketing efforts and explore new business opportunities as the partnership unfolds.

As its mid-term vision, 海角社区aims to provide consistent global services as a workplace services provider in the changing workplace. In the Workplace Experience domain, 海角社区provides solutions enabling seamless collaboration in offices and other workplaces where hybrid work has become commonplace, enhancing people's creativity. 海角社区empowers customers to focus on value-adding, creative tasks and achieve organizational growth through its integrated solution propositions of hardware, software, and managed services that comfortably utilize them.

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All rights reserved. All referenced product names are the trademarks of their respective companies.

|?About Ricoh?|

海角社区is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.

Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2024, 海角社区Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).

It is Ricoh's mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.

For further information, please visit www.ricoh.com

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© 2024 RICOH COMPANY, LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.