TechnoPro : Notice Regarding Stock Split and Partial Amendment to the Articles of Incorporation

To Whom It May Concern,	May 28, 2021
Corporate Name:	TechnoPro Holdings, Inc.
	(Code:6028, TSE First Section)
Representative:	Yasuji Nishio, President, Representative Director & CEO
Contact:	Toshihiro Hagiwara, Director & CFO
	(Tel. [phone])

Notice Regarding Stock Split and Partial Amendment to the Articles of Incorporation

On May 28, 2021, the TechnoPro Holdings, Inc. Board of Directors has resolved a three-for-one stock split and partial amendment to its Articles of Incorporation, as described below.

1. Purpose of the stock split

Through the stock split, TechnoPro Holdings, Inc. intends to lower the price of each trading unit, making its shares more accessible to a wider range of investors and enhancing liquidity in the stock market.

2. Overview of the stock split

1. Method
   With Wednesday, June 30, 2021 as the record date, TechnoPro Holdings Inc. will conduct a three-for-one split for each share outstanding held by shareholders listed or recorded on the final shareholders registry as of said date.
2. Number of shares to be increased by the stock split

i. Number of shares outstanding before the stock split	36,140,388 shares
ii. Number of shares added through the stock split	72,280,776 shares
iii. Number of shares outstanding after the stock split	108,421,164 shares
iv. Total number of authorized shares after the stock split	300,000,000 shares

(3) Schedule

i. Public notice date of the record date	Tuesday, June 15, 2021
ii. Record date	Wednesday, June 30, 2021
iii. Effective date	Thursday, July 1, 2021

3. Partial amendment to the Articles of Incorporation

1. Reason for the amendment
   Upon the implementation of the stock split described above, TechnoPro Holdings, Inc. will change the total number of authorized shares stated in Article 6 of its Articles of Incorporation effective Thursday, July 1, 2021, pursuant to the Article 184, Paragraph 2 of the Companies Act.
2. Details of the amendment

	(Underlined text indicates changed text)
Current	After Amendment
Article 6. (Total Number of Shares Authorized to Be	Article 6. (Total Number of Shares Authorized to Be
Issued)	Issued)
The total number of shares authorized to be issued by	The total number of shares authorized to be issued by
the Company shall be one hundred thirty-sixmillion two	the Company shall be three hundred million (300,
hundred and ninety-sixthousand (136,296,000).	000,000).

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1. Schedule
   Effective date: Thursday, July 1, 2021

4. Others

1. Change in capital
   The stock split will not change the amount of share capital.
2. Dividends
   Since the stock split will become effective Thursday, June 1, 2021, the year-end dividends for the fiscal year ending June 30, 2021 to be paid to shareholders of record on Wednesday, June 30, 2021 will be based on the number of shares before the stock split.
   The year-end dividend forecast for the fiscal year ending June 30, 2021 remains unchanged from that stated in the "Notice Regarding Revisions of Earnings Guidance and Dividend Forecast" announced on April 28, 2021. TechnoPro Holdings, Inc. plans to distribute a year-end dividend of ¥122.0 per share.

Note

This document is provided for informational purpose only. If there are any discrepancies between this and the original, the original Japanese document prevails.

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