Notice: Decisions on Matters Related to Stock Repurchase

To Investors:

March 26, 2021

MonotaRO Co, Ltd

(Code No. 3064 TSE 1st) IR Contact: [phone]

Mail:[e-mail]

Notice: Decisions on Matters Related to Stock Repurchase

(Stock repurchase based on the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Corporation Law)

MonotaRO Co., Ltd. (hereinafter "the Company") announces the resolution was made at the Board of Directors meeting held on March 26, 2021 on matters pertaining to stock repurchase based on Article 156 of the Corporation Law as applied pursuant to Article 165, Paragraph 3 of the same law, as follows.

• 1. Reason for treasury stock repurchase:

  The purpose is to pursue financial strategies with greater agility in response to changes in business environment.

• 2. Details of the share repurchase:

  (1) Type of shares acquired	Common stock of the Company
  (2) Total number of stocks to be repurchased	Up to 16,600 stocks (upper limit) (0.00% of the total number of issued shares (excluding treasury stocks))
  (3) Total amount to be paid for repurchase	Up to 124,500,000 JPY (upper limit)
  (4) Repurchase period	From April 1, 2021 to April 9, 2021

  Note 1: As stated in "Notice of Share Split and Partial Amendment to the Articles of Incorporation" disclosed on Feb 2, 2021, the Company executes the share split at a ratio of 1:2 on effective date April 1, 2021 (hereinafter "the Share Split").

  Note 2: As the Share Split is executed, the number of stock to be repurchased is 33,200 stocks (upper limit).

  (For reference) Number of treasury stocks held as of February 28, 2021

Total number of stocks outstanding Number of treasury stocks

250,631,000 stocks 2,221,788 stocks

Note: Assuming there was neither increase nor decrease in number of stocks until the effective date of the Share Split, after the

Effective Date, the total number of stock issued is 501,262,000 and that of treasury stock is 4,443,576 respectively.

End of notice

Disclaimer:

This is an English translation of the captioned release.

This translation is prepared and provided for the purpose of the reader's convenience.

All readers are recommended to refer to the original version in Japanese of the release for complete information.