Marui : Notice of Partial Amendments on Items Regarding Acquisition of Treasury Stock

August 5, 2022

Company Name: MARUI GROUP CO., LTD.

Representative Name: Hiroshi Aoi,

President and Representative Director

(Securities Code: 8252, Tokyo Stock Exchange,

Prime Market)

Inquiries: Masakazu Iizuka,

General Manager, Financial Department

(TEL: [phone])

Notice of Partial Amendments on Items Regarding Acquisition of Treasury Stock

(Acquisition of treasury stock in accordance with the provisions of the Articles of Incorporation pursuant to

Article 165, Paragraph 2 of the Companies Act)

Marui Group Co., Ltd. hereby announces that it has resolved at its Board of Directors meeting held on August 5, 2022 to partially amend matters concerning the acquisition of treasury stock, which was resolved at its Board of Directors meeting held on May 12, 2022 in accordance with the provision of Article 156 of the Companies Act as applied pursuant to Article 165, Paragraph 3 of the same act, as follows.

1. Reason for the amendments

The Company had planned to purchase a total of 24 billion yen of its treasury stock during the current fiscal year, with 20 billion yen for capital optimization and 4 billion yen for shareholder returns. However, the plan has been amended to the purchase of 26 billion yen of its treasury stock, which includes shares to be granted for its employees ("Eligible Employees") under the Restricted Stock Remuneration Plan.

Under the above plan, treasury stock held by the Company is granted to Eligible Employees as restricted stock. Following its decision on the number of such shares today, the Company shall amend the total number of shares that may be acquired, the total value of acquired shares, and the acquisition period, from among those items regarding the purchase of treasury stock as resolved at its Board of Directors meeting held on May 12, 2022.

2. Details of the amendments Amended parts are underlined.

		Before change	After change
(1)	Class of shares to be acquired	Common stock
		Up to 14 million shares	up to 15 million shares
(2)	Total number of shares that	6.99％of the total number of	7.49％of the total number of
	may be acquired	shares issued, excluding treasury	shares issued, excluding treasury
	stock	stock
(3)	Total value of acquired shares	Up to 24 billion yen	Up to 26 billion yen
(4)	Acquisition period	From August 1, 2022	From August 6, 2022
to March 31, 2023	to March 31, 2023