(Update on Previously Disclosed Matter) Notice of Completion of the Transfer of Shares Resulting in a Change in Consolidated Subsidiaries and the Payment of Dividends from Retained Earnings on Preferred Shares

The procedure for transferring all shares of the consolidated subsidiary FREアセットマネジメント株式会社 to the parent company has been completed, and the company has been excluded from the scope of consolidation. In addition, a dividend of surplus was paid on the preferred shares, and the claim for payment of the dividend was offset against the receivable for the share transfer consideration.

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The company reports that the share transfer, the dividend of surplus on the preferred shares, and the offsetting of the two claims have been completed. No reasons for carrying out these measures are stated.

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