Bushiroad to Conduct Share Split, Partially Amend AOI and Adjust Conversion Price for First Series of Unsecured Convertible Bonds

Name

Bushiroad Inc. (Securities Code: 7803)

Overview

Bushiroad resolved at its board of directors' meeting to conduct a

share split.

Purpose

The purpose is to create an environment in which investors can

invest more easily by reducing the price per investment unit as well

as enhance share liquidity and expand the investor base.

Method

A 2-for-1 share split will be conducted with regard to the shares held

by shareholders recorded in the final shareholder registry on

September 30, 2021

Change in number of

Number of shares issued and

16,532,400

shares due to share

outstanding before the split

split

Number of shares to be increased

16,532,400

by the split

Number of shares issued and

33,064,800

outstanding after the split

Schedule of share split

Date of public notice for the

September 15, 2021 (planned)

record date

Record date

September 30, 2021 (planned)

Effective date

October 1, 2021 (planned)

Adjustment of

Name

Before adjustment

After Adjustment

execution price of stock

First series of stock

150 yen

75 yen

options

options

Second series of stock

1,200 yen

600 yen

options

Adjustment of

Maximum

Maximum

Minimum

Minimum

conversion price of first

conversion price

conversion price

conversion price

conversion price

series of unsecured

before adjustment

after adjustment

before adjustment

after adjustment

convertible bonds

5,000 yen

2,500 yen

1,290 yen

645 yen

Partial amendment to

With the share

split, Bushiroad

will change

the number of

Articles of

authorized shares by amending Article 6 of the Articles of

Incorporation

Incorporation. The effective date of the amendment will be October

1, 2021.

Inquiry

Toshiyuki Muraoka

Mail: ir@bushiroad.com

URL: www.bushiroad.co.jp/en/