Tranche Update on MAEDA ROAD CONSTRUCTION Co., Ltd.'s Equity Buyback Plan announced on May 14, 2019.

MAEDA ROAD CONSTRUCTION CO., LTD. is a Japan-based company mainly engaged in the construction business, as well as manufacture and sale business. The Company operates through two business segments. The Construction segment is mainly engaged in the pavement construction business, civil engineering business and other related business. The Manufacture and Sale segment is mainly engaged in the manufacture and sale of asphalt mixtures, emulsions and other construction materials. The Company is also engaged in the leasing of construction machines and office equipment, the consulting of civil engineering and construction, as well as the insurance agency business.