HKS Co., Ltd. has been a leading company in the automotive aftermarket field, developing and
providing engine parts, turbochargers, exhausts, suspensions, air cleaners, electronic control parts and
other high-performance parts that satisfy car enthusiasts around the world, and
creating a “tuning” culture since its establishment in 1973.

Studie AG, Ltd. has been one of the leading companies specializing in BMW in Japan, focusing on
BMW modification, aiming to improve BMW mod culture and providing a wider and deeper range of
services to BMW enthusiasts from various perspectives since its establishment in 1995. In addition,
Studie AG tries to provide more detailed services to meet the needs of the customers in a new way that breaks away
the boundaries of the Japanese automotive industry, between dealers, repair shops,
custom shops and paint shops.

Through the collaboration between the two corporates,
HKS and Studie AG will work together to provide new value to
BMW enthusiasts by leveraging each other's areas of expertise.