Kakaku com : Finalized Details on the Issuance of Stock Acquisition Rights as Compensatory Stock Options

December 2, 2021

For Immediate Release

(English translation from the original Japanese document)

Company name: Kakaku.com, Inc.

Representative: Shonosuke Hata, President and Representative Director (Stock code: 2371; First Section of the Tokyo Stock Exchange)

Contact: Kiyoaki Shirakawa, Executive Officer, General Manager, Corporate Management Division Phone: [phone]

Finalized Details on the Issuance of Stock Acquisition Rights

as Compensatory Stock Options

In accordance with a resolution passed by the Board of Directors on November 17, 2021, Kakaku.com, Inc.（the "Company"）announces today that the details for compensatory stock options (16th Series of Stock Acquisition Rights) to be issued to its executive officers (excluding those who concurrently serve as Directors) have been finalized as follows.

1. Total number of stock acquisition rights to be granted: 128
2. Total number of stock acquisition rights and number of eligible grantees thereof:
3. 1. 128 acquisition rights
   2. 16 executive officers (excluding those who concurrently serve as Directors)
4. Amount of assets to be contributed upon exercise of the Stock Acquisition Rights JPY 291,000 per unit of the Stock Acquisition Rights (JPY 2,910 per share)

Note: The above-mentioned price is the fair value, which has been calculated using the Black- Scholes model based on the share price on the issuance date of the stock acquisition rights. In lieu of cash payment of the subscription price, eligible grantees of above-mentioned stock acquisition rights may offset the subscription price payable against their compensation receivable from the Company.