Common stock of the Company
Up to 5,000,000 shares
(4.88% of the total outstanding shares excluding treasury stock)
Up to 10,000,000,000 yen
February 4, 2022 to May 13, 2022
Purchase through the Tokyo Stock Exchange Off-AuctionOwn Share Repurchase System (ToSTNeT-3)and market purchase through a discretionary transaction method.

Disclaimer

This document is an English translation of the original Japanese version and provided solely for the purpose of the reader's convenience. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail in all respects.

March 2, 2022

To whom it may concern,

Company Name:

ASKUL Corporation

(Code No.: 2678, Tokyo Stock Exchange First Section)

Representative:

Akira Yoshioka

President and Chief Executive Officer

Contact Person:

Tsuguhiro Tamai

Director and Chief Financial Officer

Phone: +81-3-4330-5130

Notice Regarding Status of Acquisition of Treasury Stock

(Acquisition of treasury stock pursuant to the Articles of Incorporation in accordance

with the provisions of Paragraph 2 of Article 165 of the Companies Act)

ASKUL Corporation (the "Company") announces the status of acquisition of treasury stock in accordance with the provisions of Article 156 of the Companies Act as applied by replacing terms pursuant to the provisions of Paragraph 3 of Article 165 of the Companies Act based on the resolution passed at the meeting of the Board of Directors held on February 2, 2022, as follows:

1.

Type of shares to be acquired

Common stock of the Company

2.

Total number of shares acquired

3,036,000 shares

3.

Total amount of shares acquired

4,950,525,100 yen

4.

Acquisition period

February 4, 2022 ~ February 28, 2022 (based on execution date)

5.

Acquisition method

Through Off-Auction Own Share Repurchase System (ToSTNeT-3)

and market purchase on Tokyo Stock Exchange

(Reference)

1. Details of the resolution on the acquisition of treasury stock approved at the meeting of the Board of Directors held on February 2, 2022

(1) Type of shares to be acquired

(2) Total number of shares to be acquired

(3) Total amount of shares to be acquired

(4) Acquisition period

(5) Acquisition method

2. Accumulated total of treasury stock acquired since the date of aforementioned resolution by the Board of Directors (as of February 28, 2022)

(1)

Total number of shares acquired

3,036,000 shares

(2)

Total amount of shares acquired

4,950,525,100 yen

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ASKUL Corporation published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 06:16:05 UTC.