Notice on Monthly Exercise Status of the 39th Stock Acquisition Rights Issued by Third-Party Allotment (with Exercise Price Adjustment Clause)

Monthly Exercise Status of Stock Acquisition Rights

Wize Inc. has disclosed the exercise status for September of the 39th stock acquisition rights issued by third-party allotment. The number of shares to be delivered is 8,462,000 shares, and the stock acquisition rights actually exercised in September amounted to 84,620 units (which corresponds to 14.1% of the total issued 600,000 units). Unexercised rights as of the prior month-end were 346,120 units, and as of month-end were 261,500 units, with the exercise ratio for the subject month being below 10.0% of the outstanding shares. The announcement notes that issuing terms and reference information can be found in previously disclosed materials.

Impact on Shareholders and Outlook

This announcement indicates the trend in exercise of the stock acquisition rights and does not by itself represent a direct decision on capital policy; however, increased exercise could lead to dilution of shareholders' equity. Monthly exercise levels have remained relatively low, and the exercise ratio against total issued is kept low. It will be necessary to monitor ongoing exercise activity and the trend in unexercised rights.