August 2, 2021

Notice concerning the Results and Completion of Treasury Stock Acquisition

through Off-Auction Own Share Repurchase Trading (ToSTNet-3)

PRONEXUS Inc. announced today, as explained below, that it has carried out the acquisition of treasury stock announced on July 30, 2021.

With this purchase, the acquisition of treasury stock under the resolution passed at the board of directors' meeting held on July 30, 2021 has been completed.

  1. Reasons for the acquisition of treasury stock
    PRONEXUS acquired treasury stock in order to provide greater returns to shareholders as well as to implement an agile capital policy in response to changes in the operating environment and improvements in capital efficiency.
  2. Details relating to the acquisition

1.

Types of shares acquired:

Common stock

2.

Total number of shares acquired:

1,000,000 shares

3.

Total acquisition cost:

1,004,000,000 yen (1,004 yen per share)

4.

Acquisition date:

August 2, 2021

5.

Method of purchase:

Purchased on the Tokyo Stock Exchange through off-

auction own share repurchase trading (ToSTNet-3)

(Reference)

1. Matters determined in the resolution at the board of directors' meeting, announced on July 30, 2021

(1)

Type of shares to be acquired:

Common stock

(2)

Total number of shares that can be acquired:

1,000,000 shares (ceiling)

(3.77% of the total number of shares issued [excluding

treasury stock])

(3)

Total acquisition cost:

1,004,000,000 yen (ceiling)

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Pronexus Inc. published this content on 23 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2021 06:03:04 UTC.