Note: This document is a translation of a part of the original Japanese version and provided for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.

May 14, 2021

To whom it may concern:

Company Name: WealthNavi Inc.

Representative: Kazuhisa Shibayama, Representative Director and CEO

(Code Number: 7342 Tokyo Stock Exchange Mothers)

Inquiries: Gaku Hirose, Director, CFO

(TEL03-6632-4911)

Announcement regarding completion of payment for new shares as restricted stock compensation

WealthNavi, Inc. (the "Company") announces that, in relation to the issuance of new shares as restricted stock compensation, which was resolved by the Company's Board of Directors at its meeting held on April 15, 2021, the procedure for payment was completed today, as follows. For details, please refer to "Announcement regarding issuance of new shares as restricted stock compensation" dated April 15, 2021.

Outline of the Issuance

(1) Class and number of shares to be issued

2,300 shares of the Company's common stock

(2) Issue price

4,355 yen per share

(3) Total issue price of shares to be issued

10,016,500 yen

(4) Allottees

4

Directors

920 shares

4

Executive officers 460 shares

4 Employees

920 shares

(5) Payment date

May 14, 2021

1

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WealthNavi Inc. published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 15:46:09 UTC.