Money Forward : Notice Regarding Partial Amendments to the Articles of Incorporation

Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes.

In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

	January 14, 2022
Company Name:	Money Forward, Inc.
Representative:	Yosuke Tsuji
	Representative Director, President and CEO
	(Securities Code: 3994,
	Stock Exchange: TSE First Section)
Inquiries:	Naoya Kanesaka
	Director, Executive Officer and CFO
	(TEL: [phone])

Notice Regarding Partial Amendments to the Articles of Incorporation

Money Forward, Inc. (the "Company"), hereby announces that it has decided, by a resolution of its Board of Directors on January 14, 2022, to propose the following amendments to the Articles of Incorporation to the 10th Annual General Meeting of Shareholders of the Company which will be held on February 21, 2022.

1. Purpose of the proposal

1. The Company proposes to amend the Articles of Incorporation to allow the Company to hold a General Meeting of Shareholders without a fixed place (a virtual-only General Meeting of Shareholders) in order to ensure the interests of shareholders by making the General Meeting of Shareholders more active, efficient, and effortless by making it easier for many shareholders including those in remote areas to attend the meeting and by contributing to countermeasures against infectious diseases such as COVID- 19.
2. The revised provisions stipulated in the proviso of the Supplementary Provisions, Article 1 of The Act Partially Amending the Companies Act (Act No.70 of 2019) will come into effect on September 1, 2022. In line with this change, the Company proposes to newly establish the provision to take electronic provision measures to provide information including the contents of Reference Documents for General Meeting of Shareholders, etc. in an electronic format and the provision to limit the scope of matters covered in the documents to be delivered to shareholders who have requested delivery of materials in a paper-based format. In addition, the Company proposes to remove the provisions on Internet disclosure and deemed provision of Reference Documents for General Meeting of Shareholders, etc. and establish supplementary provisions including those regarding the effective date.
3. The Company proposes to amend Article 2 (Purposes) of the existing Articles of Incorporation to correct some words and revise the expressions.

2. Details of the proposed amendments

The details of the proposed amendments are as follows:

		(The underlined portions are proposed to be amended.)
	Existing Articles of Incorporation		Proposed amendments
(Purposes)		(Purposes)
Article 2.		Article 2.
The purpose of the Company shall be to engage in the	The purpose of the Company shall be to engage in the
following businesses:	following businesses:
(1) Planning, production and operation of websites for the	(1) Planning, production and operation of websites for the
Internet and mobile devices, reward point services,and	Internet and mobile devices, and related subcontracting
related subcontracting services	services
(2) Planning, design, creation, development, construction,	(2) Planning, design, creation, development, construction,
sales and operation of various information provision services	sales and operation of various information provision services
using the Internet, data and data analysis, and related	using the Internet, reward point services,data and data
subcontracting services	analysis, and related subcontracting services
(3) Planning, design, creation and operation of advertising	(3) (Change in Japanese only; English unchanged)
and online sales using the Internet, mobile devices, etc., and
related subcontracting services
(4)	(Item omitted)	(4)	(Item omitted)
(5) Research, planning, design, development, sales and	(5) (Change in Japanese only; English unchanged)
maintenance of computers, peripherals and related
equipment, software and hardware, and related
subcontracting services
(6) Planning, production and sales of books, magazines and	(6) (Change in Japanese only; English unchanged)
other printed materials, as well as electronic publications
(7) Planning, production and sales of video and audio	(7) (Change in Japanese only; English unchanged)
contents
(8) Planning, design, subcontractingand management of	(8) Planning, design and management of lectures,
lectures, symposiums, seminars, etc.	symposiums, seminars, etc., and related subcontracting
		services
(9) - (11)	(Items omitted)	(9) - (11)	(Items omitted)
(12) Planning, operation and management of recruitment and	(12) Services related to planning, operation and management
job search information services	of recruitment and job search information services
(13) Investment and management of domestic and foreign	(13) (Change in Japanese only; English unchanged)
securities, foreign exchange, funds, real estate, derivatives
transactions, commodity futures transactions, silent
partnerships, etc.
(14) - (28)	(Items omitted)	(14) - (28)	(Items omitted)
(29) Services related to agency, brokerage, intermediation,	(29) (Change in Japanese only; English unchanged)
solicitation	and commissioning for the various financial

		Existing Articles of Incorporation		Proposed amendments
	institutions encompassing the banking industry, cooperative
	financial industry, lending industry, financial instruments
	industry, insurance industry and trust industry
(30) - (31)	(Items omitted)	(30) - (31)	(Items omitted)
	(Convocation)			(Convocation)
	Article 15.			Article 15.
	An Annual General Meeting of Shareholders shall be	1.An Annual General Meeting of Shareholders shall be
	convened within three months after the end of each fiscal	convened within three months after the end of each fiscal
	year, and an Extraordinary General Meeting of Shareholders	year, and an Extraordinary General Meeting of Shareholders
	shall be convened when necessary.	shall be convened when necessary.
		(Newly established)	2. A General Meeting of Shareholders of the Company may
				be a General Meeting of Shareholders without a fixed place.
	(Internet disclosure and deemed provision of Reference			(Deleted)
	Documents for General Meeting of Shareholders, etc.)
	Article 20.
	The Company may, when convening a General Meeting of
	Shareholders, deem that it has provided shareholders with
	information pertaining to matters to be described or
	indicated in the Reference Documents for General Meeting
	of Shareholders, business reports, financial statements and
	consolidated financial statements by disclosing such
	information via the Internet in accordance with the
	applicable Ministry of Justice Order.
		(Newly established)	(Electronic provision measures, etc.)
				Article 20.
				1. The Company shall, when convening a General Meeting
				of Shareholders, take electronic provision measures to
				provide information including the contents of Reference
				Documents for General Meeting of Shareholders, etc. in an
				electronic format.
				2. The Company may choose not to include all or part of the
				matters for which electronic provision measures are to be
				taken, as provided for in the applicable Ministry of Justice
				Order, in the documents to be delivered to shareholders who
				have requested delivery of materials in a paper-based format
				by the record date for voting rights.

Existing Articles of Incorporation	Proposed amendments
(Newly established)	Supplementary provisions
	Article 1.
	Article 20 of the existing Articles of Incorporation (Internet
	disclosure and deemed provision of Reference Documents
	for General Meeting of Shareholders, etc.) shall be deleted
	and the proposed amendment of Article 20 (Electronic
	provision measures, etc.) shall come into effect on
	September 1, 2022.
	Article 2.
	Notwithstanding the provisions of the preceding Article,
	Article 20 of the existing Articles of Incorporation shall
	remain in force with respect to a General Meeting of
	Shareholders to be held on a date within six months from the
	effective date.
	Article 3.
	The Supplementary provisions shall be deleted after six
	months have elapsed from the effective date or after three
	months have elapsed from the date of the General Meeting
	of Shareholders set forth in the preceding Article, whichever
	is later.

3. Schedule

Date of the General Meeting of Shareholders to amend the Articles of Incorporation (Scheduled): February 21, 2022 Effective date of the amendments to the Articles of Incorporation (Scheduled):

1. Article 2: February 21, 2022
2. Article 15: February 21, 2022
3. Article 20: September 1, 2022