GungHo Online Entertainment : Notice Regarding Results and Completion of Treasury Share Acquisition

	September 22, 2021
To whom it may concern
Company name	GungHo Online Entertainment, Inc.
R e p re s e nt at iv e	Kazuki Morishita, Representative Director & President, CEO
	(Securities code：3765)
Contact person	Kazuya Sakai, Director & CFO, Executive General Manager
	of Finance Accounting Division
	(TEL：[phone])

Notice Regarding Results and Completion of Treasury Share Acquisition

(Acquisition of Treasury Shares Pursuant to the Provisions of the Articles of Incorporation Based on Paragraph 2 of Article 165 of the Companies Act)

GungHo Online Entertainment, Inc. (the "Company") announces that it has acquired treasury shares pursuant to Article 156 of the Companies Act applied by a reading of terms under Paragraph 3 of Article 165 of the Companies Act.

This concludes the treasury share acquisition in accordance with a resolution made by the Board of Directors on August 13, 2021.

1.	Type of shares acquired	Common shares
2.	Total number of shares	1,043,200 shares
	acquired
3.	Total acquisition price	2,305,267,800 yen
4. Acquisition period	From September 1, 2021 to September 21, 2021 (Trade basis)
5. Acquisition method	Acquisition on the Tokyo stock exchange

(Reference)

1. Details of the resolution regarding acquisition of treasury shares (Announced on February 13, 2020)

(1)	Type of shares to be	Common shares
	acquired
(2)	Total number of shares to	3,100,000 shares (maximum)
	be acquired	(4.57% of the total number of shares issued excluding treasury shares)
(3)	Total acquisition price	5,000,000,000 yen (maximum)
(4) Acquisition period	From August 16, 2021 to September 22, 2021

2. Total number and value of shares acquired pursuant to the above resolution (as of September 21, 2021)

(1)	Total number of shares to	2,272,700 shares
	be acquired
(2)	Total acquisition price	4,999,920,900 yen