[Kakaku.com] Announcement of Tender Offer for Share Privatization | May 2026

Overview of the Tender Offer

On May 12, 2026, Kamgras 1 Inc. initiated a tender offer for all shares and stock acquisition rights of Kakaku.com, Inc., aiming to acquire all outstanding equity and convert the company to a private entity. The tender offer period is 37 business days, with a purchase price of 3,000 yen per share. The targeted number of shares to acquire is 121,905,767, with a minimum threshold set at 34,941,000 shares, ultimately aiming to delist the company. The funds for the purchase are to be raised through bank loans and investments from the parent company. The tender offer covers common stock and multiple stock acquisition rights, with the offer period from May 13, 2026, to July 2, 2026.

Purpose of the Purchase and Future Outlook

This tender offer is part of a plan to acquire all shares of Kakaku.com, Inc. and proceed with privatization. After the acquisition, the company will undertake share consolidation and squeeze-out procedures to adjust the shareholder structure and privatize the company. If the tender offer is not successful, additional acquisitions through market purchases and other means will be considered, with the ultimate goal of acquiring all shares. Shareholders are encouraged to participate in the offer, which aims to enhance corporate value and reduce share dilution.