Freee K K : Announcement Regarding Completion of Payment for Issuance of New Restricted Shares to freee Employees

Note: This document is an English translation of the original Japanese language document and has been prepared solely for reference purposes. No warranties or assurances are given regarding the accuracy or completeness of this English translation. In the event of any discrepancy between this English translation and the original Japanese language document, the original Japanese language document shall prevail in all respects.

	December 17, 2021
Company Name	freee K.K.
Representative	Daisuke Sasaki,
	CEO and Representative
	Director
Code No.	4478,Tokyo Stock Exchange
	Mothers
Contact	Sumito Togo, CFO and Director
	(TEL. [phone])

Announcement Regarding Completion of Payment for Issuance of New Restricted Shares to

freee Employees

freee K.K. (the "Company") announces that payment for issuance of new restricted shares, which was resolved at the Board of Directors' meeting held on November 12, 2021 was completed today. The details are provided below. For more information about the issuance of new restricted shares, please refer to "Announcement Regarding Issuance of New Restricted Shares to freee Employees" dated November 12, 2021.

Overview of the Share Issuance

(1) Pay-in date	December 17, 2021
(2) Type and number of shares to be	6,959 common shares of the Company
issued
(3) Issue price of shares	JPY 8,340 per share
(4) Total issue price	JPY 58,038,060
(5) Allottees	6,959 shares to be allocated to 7 employees of the
	Company
(6) Other	For the New Share Issue, a securities notice has been
	submitted as required under the Financial Instruments and
	Exchange Act.