Medley : Announcement of Completion of Payment for Issuance of New Shares through Third-Party Allotment

[Translation]

	May 11, 2021
Company name:	MEDLEY, INC.
Representative:	Kohei Takiguchi
	President and Chief Executive Officer
	(TSE Mothers Code No.4480)
Contact:	Yuta Tamaru
	Director and Head of Corporate Division
	TEL: [phone]

Announcement of Completion of Payment for Issuance of New Shares

through Third-Party Allotment

MEDLEY, INC. hereby announces that the payment for the issuance of new shares through a third-party allotment (the "Third-Party Allotment"), which was resolved at the meeting of its Board of Directors held on April 26, 2021, has been completed today as described below.

(Overview of the Third-Party Allotment) （1） Number of shares issued:

（2） Issue price:

（3） Aggregate amount of issue price:

（4） Capital inclusion amount:

（5） Total capital inclusion amount:

（6） Method of offering or allotment:

（7） Allottee:

（8） Period of application:

（9） Payment date:

933,100 shares of common stock JPY 5,500 per share

JPY 5,132,050,000 JPY 2,750 per share JPY 2,566,025,000

By way of third-party allotment.

NTT DOCOMO, INC. : 933,100 shares May 11, 2021

May 11, 2021

For further information on the Third-Party Allotment, please refer to "Announcement Regarding Capital and Business Alliance with NTT DOCOMO, INC. and Issuance of New Shares through Third-Party Allotment to NTT DOCOMO, INC." announced on April 26, 2021.