April 15, 2021

To All

Company Name:

Frontier Management Inc.

Representative:

Shoichiro Onishi

Co-President

(TSE First Section Code No. 7038)

Contact:

Junko Koshino

Executive Officer,

Head of Company Strategy Division

(TEL. +81-3-6862-8335)

Notice of Completion of Allotment for the Issuance of New Shares for Restricted Stock Compensation

Frontier Management Inc. (hereafter the "Company") hereby announced that the allotment procedure for the issuance of new shares for the restricted stock compensation was completed today as described below, pursuant to the resolution at the meeting of the Board of Directors held on March 25, 2021. For further information, please refer to the "Notice of the Issuance of New Shares for Restricted Stock Compensation" announced on March 25, 2021.

Summary

(1)

Allotment Date

April 15, 2021

(2)

Class and number of shares

19,998 shares of the Company's common stock

issued

(3)

Issue price

JPY1,802 per share

(4)

Total issue amount

JPY36,036,396

(5)

Persons

and number of

3 Directors (excluding External Directors) of the Company 19,998 shares

persons

eligible for share

allocation, and number of

shares to be allocated

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Disclaimer

Frontier Management Inc. published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 06:04:10 UTC.