[Translation]

February 25, 2022

To whom it may concern:

Company Name:

DAIBIRU CORPORATION

Name of Representative: Toshiyuki Sonobe

Representative Director, President

Chief Executive Officer

(Securities Code: 8806, the First

Section of the Tokyo Stock Exchange)

Contact:

Eisuke Osawa, General Manager,

General Affairs Department

(TEL: +81-6-6441-1932)

Notice Regarding Cancellation of Treasury Stock

DAIBIRU CORPORATION (the "Company") hereby announces that it decided at its board of directors meeting held today to cancel the Company's treasury shares pursuant to the provisions of Article 178 of the Companies Act (Act No.86 of 2005, as amended), as described below.

The cancellation of the treasury shares is subject to approval of the proposal on the share consolidation with an effective date on April 28, 2022, in the original form at the extraordinary shareholders' meeting to be held on March 29, 2022, as stated in the "Announcement of Extraordinary Shareholder's Meeting Regarding Share Consolidation, Abolishment of the Provisions on Number of Share per Trading Unit and Partial Amendment to Articles of Incorporation" released today.

  1. Class of Shares to be Cancelled: Common Stock of the Company
  2. Number of Shares to be Cancelled:
    369,558 shares
    (The ratio of the number of shares to be cancelled to the total number of shares issued before the cancellation: 0.32% (rounded to the nearest hundredth of a percent).)
  3. Scheduled Date of the Cancellation: April 27, 2022

(Reference)

Total number of shares issued after the cancellation: 114,681,491 shares

The above number of shares to be cancelled is equivalent to all of the treasury shares owned by the Company as of February 14, 2022.

End

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Daibiru Corporation published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 05:11:06 UTC.