Notice of Retirement of Treasury Share (Retirement of repurchased shares pursuant to the provisions of Article 178 of the Companies Act)

GMO Internet Group, Inc. ("the Company”) has terminated the acquisition of treasury stock, which was resolved at the Company's Board of Directors meeting on February 13, 2023, as disclosed in the " Announcement Regarding the Completion of the Share Repurchase Program (Acquisition of treasury stock pursuant to Article 459-1 of the Japanese Companies Act and the company’s Articles of Incorporation)" dated August 10, 2023.The Company announced the resolution made at a board of directors meeting held today to retire treasury shares - out of which approximately JPY 2.41 billion was about 17.0% (=50-38.6; the Company aims to return 50% of profits to shareholders, and the dividend payout ratio is a minimum of 33%) of consolidated net profit for the fiscal year 2023 - pursuant to Article 178 of the Companies Act.

https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20240213_03_e.pdf