Notice Regarding the Status and Completion of Share Buyback (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act for Treasury Stock Acquisition)

Overview of Share Buyback

GungHo Online Entertainment, Inc. conducted a share buyback of up to 2,100,000 shares of common stock, with a total acquisition price ceiling of ¥5,000,000,000, based on the board resolution dated February 13, 2026. The method of acquisition was market purchase on the Tokyo Stock Exchange. The planned acquisition period was from February 16, 2026, to June 23, 2026. However, as of April 30, 2026, the cumulative number of shares acquired amounted to 1,981,500 shares at a total acquisition price of ¥4,999,851,200, leading to the completion of the share buyback based on the aforementioned board resolution. In April alone, 769,800 shares were acquired at a total price of ¥1,936,865,400.

Impact on Shareholders and Future Outlook

Through this share buyback, approximately 3.86% of the total issued shares were acquired from the market. With the conclusion of the buyback, the company's future capital policies and shareholder return strategies remain uncertain at this time. However, the acquired treasury shares may be utilized for capital measures such as cancellation or disposal. Investors should closely monitor the company's future capital policy trends.