Exeo Group, Inc.TSE: 1951

Notice of Status of Acquisition of Treasury Shares

· Issued by EXEO Group, Inc.

August 10, 2022

For Immediate Release

Company name: EXEO Group, Inc.

Representative: Tetsuya Funabashi, President & CEO (Code: 1951, Prime Market of the Tokyo Stock Exchange)

Contact: Shigeki Hayashi, Operating Officer General Manager of Accounts & Finance Division

Chief Financial Officer

(TEL. +81-3-5778-1105)

Notice of Status of Acquisition of Treasury Shares

(Acquisition of treasury shares pursuant to the provisions of the Articles of Incorporation in accordance

with Article 165, Paragraph 2 of the Companies Act)

EXEO Group, Inc. (hereinafter "the Group") announced the status of the acquisition of treasury shares that it implemented pursuant to the provisions of Article 156 of the Companies Act, which are applied mutatis mutandis by replacing the terms of the provisions of Paragraph 3, Article 165 of the same Act. Details are as follows.

  1. Acquisition period: July 1 to July 31, 2022
  2. Total number of shares acquired: 100,900 shares
  3. Total acquisition amount: 224,056,800 yen
  4. Acquisition method: Market purchase on the Tokyo Stock Exchange

(For reference)

  1. Details of resolution adopted at the Board of Directors meeting held on May 13, 2022
  1. Class of shares to be acquired: Common shares of the Group
  2. Total number of shares to be acquired: 2.5 million shares shall be the maximum.
  3. Total acquisition value of shares: 4,000,000,000 yen shall be the maximum.
  4. Acquisition period: May 16, 2022 to March 31, 2023
  1. Cumulative total of the treasury stock acquired based on the aforementioned resolution of the Board of Directors' meeting (as of July 31, 2022)
  1. Total number of shares acquired: 100,900 shares
  2. Total acquisition value of shares: 224,056,800 yen