DTS : Notice Concerning Completion of Cancellation of Treasury Shares

April 1, 2022

To whom it may concern

Company: Representative:DTS CORPORATION Tomoaki Kitamura,

Representative Director and President

(Stock code: 9682; Tokyo Stock Exchange, First Section)Contact:

Isao Asami,

TEL:

Director and Managing Executive Officer [phone]

Notice Concerning Completion of Cancellation of Treasury Shares

DTS CORPORATION (the "Company") hereby announces that it has completed the cancellation of treasury shares pursuant to the provisions of Article 178 of the Companies Act, as resolved at the meeting of the Board of Directors held on February 1, 2022.

The details are described below.

• 1. Class of shares cancelled:

  Common stock of the Company

• 2. Total number of shares cancelled:

1,371,900 shares

(Ratio to the total number of issued shares including treasury shares before the cancellation: 2.72%)

March 31, 2022
(Reference)
Total number of issued shares after the cancellation:	49,072,632 shares
Number of treasury shares after the cancellation:	4,002,622 shares

3.

Date of cancellation:

*The number of treasury shares after the cancellation is the number of shares obtained by subtracting the number of shares canceled above from the number of treasury shares as of February 28, 2022.