News Release

December 1, 2023

SKY Perfect JSAT Holdings Inc.

Notice Regarding the Status of Acquisition of Treasury Stock

(Acquisition of treasury stock pursuant to the provisions of the Articles of Incorporation pursuant to

the provisions of Paragraph 1 of Article 459 of the Companies Act)

SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) announces that we have implemented the repurchase of treasury stock pursuant to the provisions of Paragraph 1 of Article 459 of the Corporate Law and Article 37 of our Articles of Incorporation as follows.

(1)

Types of shares acquired

Common stock

(2)

Number of shares acquired

1,605,400 shares

(3)

Total amount of money delivered in

1,089,172,560 yen

exchange for the acquisition of shares

(4)

Period during which shares acquired

November 1, 2023 - November 30, 2023

(5)

Method of acquisition of treasury stock

Purchases based on a discretionary dealing contract

regarding repurchase of its own shares

1. Details of the resolution at the Board of Directors meeting held on September 6, 2023

(1)

Types of shares to acquire

Common stock

10,000,000 shares (Maximum)

(2)

Number of shares to acquire

* 3.4% of the total number of issued shares (excluding

treasury stock)

(3)

Total amount of money to be delivered in

5,000,000,000 yen (Maximum)

exchange for the acquisition of shares

(4)

Period during which shares can be acquired

September 7, 2023 - April 30, 2024

Market trading transactions on the Tokyo Stock

Exchange

(5)

Method of acquisition of treasury stock

(i) Purchases through Off-Auction Own Share

Repurchase Trading System (ToSTNeT-3)

(ii) Purchases based on a discretionary dealing contract

regarding repurchase of its own shares

2. Cumulative number of treasury stock acquired in accordance with the above resolution of the Board of DirectorsAs of November 30, 2023

(1) Number of shares acquired

5,131,600 shares

(2) Total amount of money delivered in

3,528,775,138 yen

exchange for the acquisition of shares

1

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SKY Perfect JSAT Holdings Inc. published this content on 01 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2023 06:03:31 UTC.