Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

September 13, 2022

To whom it may concern,

Company name

istyle Inc.

Representative

Tetsuro Yoshimatsu, President and CEO

(Stock Exchange Code: 3660 Prime Market)

Contact

Kei Sugawara, Director and CFO

(TEL.03-6161-3660)

Notice Concerning Determination of Details of Issuance of Subscription Rights to Shares

(Performance-based Stock Options)

istyle Inc. ("the Company") hereby discloses that it determined today previously undecided matters among the details of the issuance of [1] a 26th series of subscription rights to shares ("subscription rights") to the Company's directors and employees and directors and employees of its subsidiaries, and [2] a 27th series of subscription rights to the Company's directors in exchange for cash consideration pursuant to a resolution of the Board of Directors dated August 15, 2022, as explained below.

  1. 26th series of subscription rights
  1. Subscription rights grantees, number of grantees, and number of subscription rights allotted 2 directors of the Company: 400 rights
    120 employees of the Company: 10,822 rights
    3 directors of the Company's subsidiaries: 710 rights
    19 employees of the Company's subsidiaries: 190 rights
  2. Total number of subscription rights 12,122 rights
  3. Class and number of shares underlying subscription rights 1,212,200 shares of the Company's common stock
  1. 27th series of subscription rights
  1. Subscription rights grantees, number of grantees, and number of subscription rights allotted
  2. directors of the Company: 20,000 rights
  1. Total number of subscription rights

20,000 rights

3. Class and number of shares underlying subscription rights 2,000,000 shares of the Company's common stock

For reference:

Date of the Board of Directors resolution concerning the issuance of these subscription rights: August 15, 2022

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Istyle Inc. published this content on 13 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2022 06:49:03 UTC.