ASKUL : Notice Regarding Status of Acquisition of Treasury Stock

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.

April 4, 2022

To whom it may concern,

Company Name:	ASKUL Corporation
(Code No.: 2678, Tokyo Stock Exchange Prime Market)
Representative:	Akira Yoshioka
President and Chief Executive Officer
Contact Person:	Tsuguhiro Tamai
Director and Chief Financial Officer
Phone: [phone]

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	1,028,000 shares
3. Total amount of shares acquired	1,679,713,100 yen
4. Acquisition period	March 1, 2022 ~ March 31, 2022 (based on execution date)
5. Acquisition method	Open market purchase on Tokyo Stock Exchange through a
discretionary transaction method
(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	Common stock of the Company
(2) Total number of shares to be acquired	Up to 5,000,000 shares (4.88% of the total outstanding shares excluding treasury stock)
(3) Total amount of shares to be acquired	Up to 10,000,000,000 yen
(4) Acquisition period	February 4, 2022 to May 13, 2022
(5) Acquisition method	Purchase through the Tokyo Stock Exchange Off-Auction Own Share Repurchase System (ToSTNeT-3) and market purchase through a discretionary transaction method.

2. Accumulated total of treasury stock acquired since the date of aforementioned resolution by the Board of

Directors (as of March 31, 2022)

• (1) Total number of shares acquired 4,064,000 shares

• (2) Total amount of shares acquired 6,630,238,200 yen