The following information was originally prepared and published by DeNA Co., Ltd. in Japanese as it contains timely disclosure materials to be submitted to the Tokyo Stock Exchange. This English translation is for your convenience only. To the extent there is any discrepancy between this English translation and the original Japanese version, please refer to the Japanese version.

May 7, 2021

Company name:

DeNA Co., Ltd.

(TSE First Section Stock Code: 2432)

Name of representative:

Shingo Okamura, President & CEO

Contact person:

Jun Oi, Managing Executive Officer, CFO,

Head of Corporate Unit

Tel.:

03-6758-7200

Notice Regarding Dividend Forecast for the Fiscal Year Ended March 31, 2021

DeNA Co., Ltd. would like to announce its dividend forecast for the fiscal year ended March 31, 2021, which was determined at a Board of Directors meeting held today.

1. Dividend forecast

Dividends per share (yen)

End of 2nd quarter

End of 4th quarter

Total

Previous forecast

Undetermined

Undetermined

Current forecast

32.00 yen

32.00 yen

Actual financial results

0.00 yen

Previous financial results (fiscal

0.00 yen

20.00 yen

20.00 yen

year ended March 31, 2020)

2. Reason

DeNA regards continuing enhancement of its corporate value through business growth and strengthening of the management structure and contributing to shareholders' interest to be important management priorities.

With respect to allocating profit to shareholders through dividends, while considering the performance of each fiscal year, DeNA, as a basic principle, sets as a minimum whichever is higher, a consolidated payout ratio of 15% or an annual dividend of 20 yen per share of DeNA's common stock, and plans to continue paying a dividend while aiming for a consolidated payout ratio of 30% in the future.

Based on our dividend policy, DeNA is scheduled to pay a total dividend of 32 yen per share (consolidated payout ratio of 15.4%) for the fiscal year ended March 31, 2021, having taken into account performance, the future business environment, and internal reserves for the continued growth of business (versus the total dividend of 20 yen per share paid for the previous fiscal year).

For inquiries please contact:

IR Department (ir@dena.com)

DeNA Co., Ltd. (https://dena.com)

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DeNA Co. Ltd. published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 08:50:05 UTC.