Acsl Ltd.TSE: 6232

Notice Regarding Completion of Payment for Issuance of New Shares through Third-Party Allotment

· Issued by ACSL Ltd.

July 5, 2021

ACSL Ltd.

Notice Regarding Completion of Payment for Issuance of New Shares through Third-Party Allotment

ACSL Ltd. (hereafter "ACSL") hereby announces that today the payment procedures for the issuance of new shares through third party allotment resolved at its Board of Directors meeting held on June 15, 2021 (hereafter the "Third-Party Allotment") have been completed.

For further information on the Third-Party Allotment, please refer to the "Notice Regarding Conclusion of the Business Alliance Agreement with Japan Post Co., Ltd. and Japan Post Capital Co., Ltd. and the Share Subscription Agreement with Japan Post Capital Co., Ltd., Issuance of New Shares through the Third-Party Allotment and Changes in the Largest Shareholder and Major Shareholder" dated June 15, 2021.

1. Overview of the Third-Party Allotment

(1)

Date of payment

July 5, 2021

(2)

Number of new shares

1,259,400 shares of common stock

(3)

Issue price

JPY 2,382 per share

(4)

Amount of financing

JPY 2,999,890,800

Method of offering or

(5)

allocation

ACSL will allot 1,259,400 shares to Japan Post

(Name of the

Capital Co., Ltd. by way of third-party allotment

subscriber)

Attention

This document is an unofficial translation of the timely disclosure on July 5, 2021 by ACSL and this is for reference purpose only. In case of a discrepancy between the English and Japanese versions, the Japanese original shall prevail.

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