Name of Listed Company:

Gurunavi, Inc.

Listed Stock Exchanges:

Tokyo Stock Exchange

Stock Code:

2440

Representative:

Akio Sugihara, President

(1)

Class and total number of shares

32,600 shares of common stock of the Company

to be disposed

(2)

Disposal value

1,076 yen per share

(3)

Total disposal value

35,077,600 yen

(4)

Allottees of Disposal,

Akio Sugihara, President and Representative Director

number of allottees,

1 person

and number of treasury shares

32,600 shares

to be disposed of

(5)

Date of Disposal

December 26, 2019