Notice Concerning Explanation of Shareholder Incentive Program

The shareholders are concerned about the renewal of the shareholder incentive program, and GMO Internet, Inc. (the "Company") has received many applications as well as inquiries. Details of the explanation of "2. Giving JPY 2,100 worth of Bitcoin" of "Notice of Confirmation of Shareholder Incentive Program" disclosed by the Company on May 12, 2021, and "3. Allotment Conditions" of "Notice of Change of Shareholder Incentive Program" disclosed by the Company on November 11, 2020, are provided in the material below.

https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20211029_e.pdf