News Release: Asante, Inc.

(6073 TSE1)

June 1, 2021

To whom it may concern

Company nameAsante, Inc.

(Code: 6073)

RepresentativeSei Miyauchi,

Chief Executive Officer

ContactYoshiyuki Nakao,

Director, General Manager,

Corporate Planning Department

(TEL: +81-3-3226-5511)

Notice Concerning Status of Acquisition of Treasury Stock

(Acquisition of Treasury Stock stipulated in the Articles of Incorporation pursuant to

Article 165-2 of the Corporate Law)

Asante, Inc. announces the status of the acquisition of its treasury stock, pursuant to the Article 156 as applied by replacing the terms of Article 165, Paragraph 3 of the Companies Act, which is approved by its Board of Directors Meeting on November 20, 2020 as follows.

(1)

Type of shares acquired

Common stock of Asante, Inc.

(2)

Total number of shares

0 shares

acquired

(3)

Total acquisition cost

0 yen

(4)

Period of acquisition

Saturday, May 1, 2021 to Monday, May 31, 2021

(based on the dates of contracts being executed)

(5)

Method for acquisition

Market purchase on the Tokyo Stock Exchange

[Reference]

1. Details of resolution of the acquisition of treasury stock approved by its Board of Directors Meeting on November 20, 2020.

(1)

Type of shares to be

Common stock of Asante, Inc.

acquired

(2)

Total number of shares to

1,770,000 shares (maximum)

be acquired

(Ratio to the total number of shares issued (excluding treasury stocks):

14.33%)

(3)

Total acquisition cost

3,010,000,000 yen (maximum)

(4)

Period of acquisition

Wednesday, November 25, 2020 to Wednesday, September 1, 2021

(5)

Method for acquisition

Market purchases on the Tokyo Stock Exchange, including off-floor

purchases of treasury stock (ToSTNeT-3)

2. Total number of treasury stock acquired based on the resolution by its Board of Directors (as of May 31, 2021)

(1)

Total number of shares

1,384,400 shares

acquired

(2)

Total acquisition cost

2,053,828,800 yen

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Disclaimer

Asante Incorporated published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 06:03:03 UTC.