Universal Entertainment Corporation announced that the Board of Directors of the Company at its meeting held on June 25, 2021 has determined the issuance of additional notes due 2024 (the “Additional Notes”) to be privately placed outside Japan, and principal terms of the redemption to be funded with the Additional Notes (the “Early Redemption”) for the outstanding principal amount of USD 118 million of the Company’s existing notes due December 2021 privately placed outside Japan in December 2018 (the “Existing Notes”), which were announced in the “Notice Concerning the Proposed Issuance of Additional Notes and the Early Redemption of Notes Privately Placed Outside Japan” dated June 11, 2021. Universal Entertainment Corporation privately placed Additional Notes to be issued in 2021: Maximum amount of the Additional Notes USD 143 million, Issue price: 102.0% of the principal amount (The amount equivalent to the interest from June 11, 2021 to the issue date of the Additional Notes will be additionally paid), Interest rate is 8.5% per annum (Interest will accrue from June 11, 2021), Maturity date December 11, 2024 and Use of proceeds: Redemption of the Existing Notes and general corporate purposes. Principal Terms of the Early Redemption: Existing Notes to be redeemed USD 600 million Notes privately placed outside Japan due 2021, Principal amount to be redeemed USD 118 million, Scheduled sending date of notice of the early redemption is (on or promptly after) July 2, 2021, scheduled redemption date is (on or promptly after) August 2, 2021, redemption price is 106.585% of the principal amount, accrued interest USD 12.04 per USD 1000 and redemption amount USD 125,770,791.67.