Notice on Sale of Shares in Consolidated Subsidiary

GMO Internet, Inc. hereby announces that it has decided to sell a part of common shares of a consolidated subsidiary, GMO Pepabo, Inc. (TSE 2nd Section: 3633) in relation to the offering by way of underwriting (the "Transaction") by Daiwa Securities Co., Ltd. No change to a subsidiary company will occur due to the Transaction.

Please refer to the material below for more details.

https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20201120_02_e.pdf