Mitsui O S K Lines : Notice regarding the Result of the Tender Offer for Share Certificates, Etc. of DAIBIRU CORPORATION (Securities Code 8806)

[Translation] January 19, 2022

To whom it may concern:

Company Name:

Mitsui O.S.K. Lines, Ltd.

Name of Representative: Takeshi Hashimoto

	Representative Director,
	President Chief Executive Officer
	(Securities Code: 9104, the First
	Section of the Tokyo Stock
	Exchange)
Contact:	Makoto Inomoto, General
	Manager of Finance Division
	(Tel: [phone])

Notice regarding the Result of the Tender Offer for Share Certificates, Etc. of

DAIBIRU CORPORATION (Securities Code 8806)

Mitsui O.S.K. Lines, Ltd. (the "Tender Offeror") resolved at its board of directors meeting held on November 30, 2021 to acquire the common stock (the "Target Company Shares") of DAIBIRU CORPORATION (First Section of the Tokyo Stock Exchange, Inc. (the "TSE"), Securities Code: 8806, the "Target Company") through a tender offer (the "Tender Offer") under the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended, the "Act") and implemented the Tender Offer from December 1, 2021 to January 18, 2022. The Tender Offeror hereby announces the result of the Tender Offer as follows.

1. Outline of the Purchase, Etc.

1. Name and Address of the Tender Offeror Mitsui O.S.K. Lines, Ltd.
   1-1, Toranomon 2-chome,Minato-ku, Tokyo
2. Name of the Target Company
   DAIBIRU CORPORATION
3. Class of Share Certificates, Etc. to be Purchased, Etc. Shares of common stock

1

1. Number of Share Certificates, Etc. to be Purchased

	Number of share	Minimum number	Maximum number
Class of share	certificates, etc. to	of share	of share
certificates, etc.	be purchased	certificates, etc. to	certificates, etc. to
		be purchased	be purchased
Common stock	55,156,001 shares	16,928,034 shares	- shares
Total	55,156,001 shares	16,928,034 shares	- shares

(Note 1): If the total number of share certificates, etc. tendered in the Tender Offer (the "Tendered Share Certificates, Etc.") is less than the minimum number of the share certificates, etc. to be purchased (16,928,034 shares), the Tender Offeror will not purchase any of the Tendered Share Certificates, Etc. If the total number of Tendered Share Certificates, Etc. is equal to or more than the minimum number of the share certificates, etc. to be purchased (16,928,034 shares), the Tender Offeror will purchase all of the Tendered Share Certificates, Etc.

(Note 2): In the Tender Offer, the Tender Offeror has not set a maximum number of share certificates, etc. to be purchased, and thus the number of share certificates, etc. to be purchased is stated as the maximum number of Target Company Shares to be purchased by the Tender Offeror in the Tender Offer (55,156,001 shares). The maximum number of share certificates, etc. to be purchased in the Tender Offer is the number of shares (55,156,001 shares) representing (i) the total number of issued shares (115,051,049 shares) of the Target Company as of September 30, 2021, as stated in the "Q2 Report for the 150th fiscal year" filed by the Target Company on November 12, 2021 (the "Target Company's Quarterly Report"), minus (ii) the 367,282 treasury shares held by the Target Company as of September 30, 2021 and the number of Target Company Shares (59,527,766 shares) held by the Tender Offeror as of November 30, 2021.

(Note 3): Shares less than one unit are also subject to the Tender Offer. If a right to demand purchase of shares less than one unit is exercised by a shareholder in accordance with the Companies Act (Law No. 86 of 2005, as amended), the Target Company may purchase its own treasury shares during the tender offer period of the Tender Offer (the "Tender Offer Period") in accordance with procedures under laws and regulations.

(Note 4): The Tender Offeror does not intend to acquire the treasury shares held by the Target Company through the Tender Offer.

1. Tender Offer Period
2. 1. Tender Offer Period at Time of Filing of Statement
      From December 1, 2021 (Wednesday) to January 18, 2022 (Tuesday) (30 business days)

2

Trust beneficiary		-	-
certificates for share
certificates, etc. (	)
Depositary receipts for		-	-
share certificates, etc.
(	)
	Total		35,200,639	35,200,639
(Total number of latent		-	-
share certificates, etc.)

1. Ownership Ratio of Share Certificates, Etc. After Tender Offer

Number of voting rights
represented by the share		(Ownership	ratio	of	share
certificates, etc. held by	595,277 voting rights	certificates,	etc. before	the
the Tender Offeror		Tender Offer: 51.91%)
before the Tender Offer
Number of voting rights
represented by the share		(Ownership	ratio	of	share
certificates, etc. held by	0 voting rights	certificates,	etc. before	the
specially related parties		Tender Offer: 0.00%)
before the Tender Offer
Number of voting rights
represented by the share		(Ownership	ratio	of	share
certificates, etc. held by	947,284 voting rights	certificates,	etc.	after	the
the Tender Offeror after		Tender Offer: 82.60%)
the Tender Offer
Number of voting rights
represented by the share		(Ownership ratio of share
certificates, etc. held by	0 voting rights	certificates,	etc. after	the
specially related parties		Tender Offer: 0.00%)
after the Tender Offer
Total number of voting
rights of all	1,146,404 voting rights
shareholders, etc. of the
Target Company

Note 1: "Number of voting rights represented by the share certificates, etc. held by specially related parties before the Tender Offer" and "Number of voting rights represented by the share certificates, etc. held by specially related parties after the Tender Offer" state the total number of voting rights represented by share certificates, etc. held by each specially related party (except for persons excluded from specially related

4

parties under Article 3(2)(i) of the Cabinet Ordinance for the purpose of calculating the ownership ratio of share certificates, etc. under each item of Article 27-2(1) of the Act).

Note 2: "Total number of voting rights of all shareholders, etc. of the Target Company" is the number of voting rights of all shareholders, etc. of the Target Company as of September 30, 2021 stated in the Target Company's Quarterly Report submitted by the Target Company on November 12, 2021. However, since the shares less than one unit are subject to the Tender Offer, when calculating "Ownership ratio of share certificates, etc. before the Tender Offer" and "Ownership ratio of share certificates, etc. after the Tender Offer," the number of voting rights (1,146,837) represented by 114,683,767 shares, which is the total number of issued shares (115,051,049 shares) of the Target Company as of September 30, 2021 stated in the Target Company's Quarterly Report less the number of treasury shares held by the Target Company (367,282 shares) as of September 30, 2021, is used as "Total number of voting rights of all shareholders, etc. of the Target Company."

Note 3: "Ownership ratio of share certificates, etc. before the Tender Offer" and "Ownership ratio of share certificates, etc. after the Tender Offer" have been rounded to two decimal places.

1. Calculation in the Case of Tender Offer Using Pro Rata Method Not applicable
2. Method of Settlement

1. Name and Address of Head Office of Financial Instruments Business Operator, Bank, Etc. in Charge of Settlement of Tender Offer
   (Tender offer agent)
   SMBC Nikko Securities Inc. 3-1, Marunouchi 3-chome,Chiyoda-ku, Tokyo
2. Commencement Date of Settlement January 25, 2022 (Tuesday)
3. Method of Settlement
   A notice regarding the purchase under the Tender Offer will be mailed to the address or location of a shareholder who accepts the offer for purchase of share certificates, etc. or offers share certificates, etc. for sale through the Tender Offer ("Tendering Shareholder, Etc.") (or the standing proxy in the case of non-resident shareholders, etc.) without delay after the expiration of the Tender Offer Period. If Tendering Shareholders, Etc. tender their share certificates, etc. online (https://trade.smbcnikko.co.jp/), the notice will be delivered by electromagnetic means.
   The purchase will be settled in cash. The tender offer agent will remit the sales proceeds of the share certificates, etc. purchased to the address designated by the Tendering Shareholders, Etc. (or the standing proxy in the case of non-resident

5