Ichigo : Share Buyback

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: [phone]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