Notice of Change of Shareholder Incentive Program

This notice is to announce that GMO Internet, Inc. (the "Company") has made the decision to change the shareholder incentive program as detailed below. The change will be implemented starting with the shareholder incentive program with a record date of June 30, 2021. Regarding the shareholder incentive program with a record date of December 31, 2020, shareholders may use the prior and existing program.

Please refer to the material below for more details.

https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20201111_02_2_e.pdf