Square Enix : Notice regarding the Setting of Share Repurchase Parameters

	May 13, 2024
Company:	SQUARE ENIX HOLDINGS CO., LTD.
Representative:	Takashi Kiryu, President and Representative Director
Company code:	9684 (Tokyo Stock Exchange, Prime Market)
Contact:	Takayuki Hamada, General Manager
	Financial Strategy Division
Telephone:	[phone]

Notice regarding the Setting of Share Repurchase Parameters

(Share Repurchase Under the Provision of the Company's Articles of

Incorporation Pursuant to Article 459,

Paragraph 1 of the Companies Act of Japan)

SQUARE ENIX HOLDINGS CO., LTD. (the "Company") hereby gives notice that its Board of Directors voted today to set the following parameters for a share repurchase program pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and Article 37 of the Company's Articles of Incorporation.

1. Reason for Setting Share Repurchase Parameters

In keeping with the capital allocation policy set forth in its new medium-term business plan (FY2025/3-FY2027/3), the Company has established share repurchase parameters to enable the flexible repurchase of its own shares in consideration of a comprehensive array of factors, including strategic investment opportunities, the Company's financial position, and the price of its common stock.

2. Share Repurchase Parameters

(1)	Class of shares for repurchase	Common stock
(2)	Total number of shares for	5 million shares (maximum)
	repurchase	(4.2% of total number of shares outstanding [excluding
		treasury stock])
(3)	Total share repurchase amount	¥20 billion (maximum)
(4)	Period of repurchase	May 14, 2024 to May 13, 2025

*It is possible that no share repurchase or only a portion of the program described above is carried out due to investment opportunities, the market environment, and other factors.

(For reference) Status of treasury shares as of March 31, 2024

Total number of shares outstanding	119,960,977 shares
(excluding treasury stock)
Number of treasury shares	2,570,619 shares

EOD