Japan Airport Terminal : Announcement Regarding the Determination of the Number of New Shares to be Issued

March 3, 2021

To all concerned Parties

Company name: Japan Airport Terminal Co., Ltd. Representative: Nobuaki Yokota, President & COO (Code: 9706, First Section, Tokyo Stock Exchange)Inquiries:

Kazuhito Tanaka

Tel:

Senior Managing Director General Manager of Planning and Management Department 03-5757-8409

Announcement Regarding the Determination of the Number of New Shares to be Issued

Japan Airport Terminal Co., Ltd. (the "Company") hereby announces that, in relation to the issuance of new shares, which its board of directors resolved on February 17, 2021, the number of new shares to be issued as a result of the exercise of the option to purchase additionally-issued shares granted to the International Underwriters in the International Offering has been determined, as set forth below.

Number of shares to be issued as a result of the exercise of the option granted to the International Underwriters

313,000 shares

1. Class and Number of Shares to be Offered through Issuance of New Shares by way of Offering 7,507,900 shares of common stock of the Company, being the aggregate of (i) through (iii) described below:

(i)	4,207,900 shares of common stock of the Company, issued for purchase by the Japanese Underwriters
in the Japanese Public Offering;
(ii)	2,987,000 shares of common stock of the Company, issued for purchase by the International
Underwriters in the International Offering; and
(iii)	313,000 shares of common stock of the Company, additionally issued for purchase by the
International Underwriters in the International Offering upon exercise of the option in the
International Offering.
2.	Change in the Total Number of Issued Shares as a Result of the Issuance of New Shares by way of
Offering

Total number of issued shares at present:	84,476,500 shares (as of March 3, 2021)
Increase in number of shares as a result of the	7,507,900 shares
issuance of new shares by way of offering:
Total number of issued shares after the issuance of	91,984,400 shares
new shares by way of offering:

In addition to the above, up to 1,252,100 shares of common stock of the Company may be issued on March 30, 2021 (Tue.), by way of third-party allotment to a certain Japanese Underwriter in connection with the secondary offering by way of over-allotment.

Note: This press release is not an offer of common stock of Japan Airport Terminal Co., Ltd. for sale

in the United States. The securities may not be offered or sold in the United States absent registration or exemption from registration under the United States Securities Act of 1933 (the

"Securities Act"). If any public offering of securities is made in the United States, it will be by means of a prospectus that will be prepared pursuant to the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.