Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

August 8, 2022

For Immediate Release

Company Name: YUKIGUNI MAITAKE CO., LTD.

Representative: Masafumi Yuzawa, President and CEO,

Representative Director

(Tokyo Stock Exchange, Prime Market:1375)

Inquiries: Takenori Sakurai, Senior Executive Officer

(Chief Financial Officer)

Tel: +81-25-778-0162

Completion of Payment for Disposition of Treasury Shares as Restricted Stock Compensation

Yukiguni Maitake Co., Ltd. (the "Company") hereby announces that payment procedures for the disposition of treasury shares as restricted stock compensation, which was resolved at a meeting of the Board of Directors held on July 19, 2022, were completed on August 8, 2022. Please refer to "Disposition of Treasury Shares as Restricted Stock Compensation", dated July 19, 2022, for detail.

Outline of disposition of treasury shares

(1)

Date of disposition

August 8, 2022

(2)

Class and number of shares

12,689 shares of the Company's common stock

to be disposed

(3)

Disposition price

¥941 per share

(4)

Total disposition value

¥11,940,349

Directors of the Company*: 2 Directors, 6,979 shares

Allottees of shares and the

Executive Officers of the Company: 6 Executive

(5)

number of shares to be

Officers, 5,710 shares

allotted

*Excluding Directors who are Audit and Supervisory Committee

Members and Outside Directors

(end)

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Yukiguni Maitake Co. Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 07:05:11 UTC.