Ichigo : Share Buyback

About this update from Ichigo Inc.

Make The World More Sustainable [Provisional Translation Only] This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail. August 19, 2022 Ichigo Inc. (Tokyo Stock Exchange Prime, 2337) Representative: Scott Callon, Chairman Inquiries: Takanori Sakamatsu, Senior Statutory Executive Officer Telephone: +81-3-3502-4818 www.ichigo.gr.jp/en Share Buyback Ichigo decided today to conduct a share buyback pursuant to the provisions of Articles 156 and 165 of the Companies Act. 1. Reason for Share Buyback To grow value for Ichigo's shareholders 2. Share Buyback Summary Share Type Common shares Number of Shares 12,000,000 shares (maximum) (2.59% of total shares outstanding, net of treasury shares) Amount JPY 3 billion (maximum) Buyback Period August 22, 2022 - February 28, 2023 Buyback Method In-market purchases via securities firm Reference Information As of July 31, 2022 Total Shares Outstanding 505,381,018 shares Treasury Shares 42,570,300 shares Summary of Share Buybacks Done So Far During FY23/2 Buyback Period April 20, 2022 - June 10, 2022 Number of Shares Purchased 5,103,800 shares (1.10% of total shares outstanding, net of treasury shares as of July 31, 2022) Amount JPY 1,499,974,600

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