December 1, 2022

SEIKAGAKU CORPORATION

(Securities Code: TSE 4548)

Seikagaku announces the Progress of Acquisition of

Treasury Stocks

(Under the provision of its Articles of Incorporation in accordance

with Article 165, paragraph 2 of the Companies Act)

Seikagaku Corporation (Tokyo, Japan) announced that the progress of acquisition of treasury stocks under Article 156 which is applicable in accordance with Article 165, paragraph 3 of the Companies Act.

1. Class of shares acquired:

Common stock of the Company

2. Total number of shares acquired:

200,800 shares

3. Aggregate amount of acquisition cost: 187,395,300 yen

4.

Period of acquisition(Trade base):

November 1, 2022 to November 30, 2022

5.

Method of acquisition:

Purchased on the Tokyo Stock Exchange

(Reference)

A) Details of the resolution at the Board held on May 13, 2022:

1. Class of shares to be acquired:

Common stock of the Company

2. Total amount of acquisition cost:

2,000,000 shares (maximum)

(3.56% of the total number of shares issued (excluding treasury stock))

3. Aggregate amount of acquisition cost: ¥1,500 million (maximum)

4. Acquisition period:

May 16, 2022 to December 30, 2022

  1. Total number and yen amount of own shares repurchased from May 16, 2022 through November 30, 2022, pursuant to the Board of Directors resolution above:

1.

Total number of own shares repurchased:

1,528,600 shares

2.

Total repurchase amount:

1,314,869,200 yen

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Seikagaku Corporation published this content on 01 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2022 01:13:05 UTC.