Asante, Inc.TSE: 6073

Notice Concerning Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation

· Issued by Asante, Inc.

News Release: Asante, Inc.

(6073 TSE Prime)

August 10, 2022

To whom it may concern

Company name:Asante, Inc.

(Code:6073)

Representative:Sei Miyauchi,

Chief Executive Officer

Contact:Yoshiyuki Nakao,

Director, Deputy Head of

Administration Division,

General Manager,

Corporate Planning Department

(TEL: +81-3-3226-5511)

Notice Concerning Completion of Payment for Disposal of Treasury Shares

as Restricted Stock Compensation

Asante, Inc. announces that payment procedures were completed today as follows for the disposal of its treasury stock as restricted stock compensation, resolved at the meeting of the Board of Directors Meeting held on July 20, 2022. Please refer to "Notice Concerning Disposal of Treasury Shares as Restricted Stock Compensation" announced on July 20, 2022 for further information.

1. Overview of the Disposal of Treasury Shares

(1)

Type and number of shares

12,700 shares of Common stock of Asante, Inc.

to be disposed

(2)

Disposal price

1,534 yen per share

(3)

Total value of shares to be

19,481,800 yen

disposed

(4)

Recipients of allocation and

Directors (excluding outside directors) : 5 ; 12,700 shares

the number thereof; number

of shares to be disposed

(5)

Payment date

August 10, 2022

Note : This document has been translated from the Japanese original for reference purposes only.

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