[Translation for Reference Purpose Only]

August 1, 2022

To All Concerned Parties

Company Name:

Open House Group Co., Ltd.

Representative:

Masaaki Arai, President and CEO

Securities code:

3288, TSE

Contact:

Kotaro Wakatabi, Senior Managing Director and CFO

Notice Regarding the Status of Share Acquisition

(Acquisition of Treasury Share Pursuant to Article 165, Paragraph 2 of the Companies Act and the

Company's Articles of Incorporation)

Open House Group Co., Ltd. (the "Company") hereby announces that the Company acquired its treasury shares in accordance with Article 156 of the Companies Act, applied following the deemed replacement of terms pursuant to the provisions of Article 165, paragraph 3 of the same Act, as resolved at the Board of Directors meeting held on May 13, 2022.

(1)

Type of shares to be acquired

Common shares

(2)

Period of acquisition

July 1, 2022 to July 31, 2022

(on a contract basis)

(3)

Total number of shares to be acquired

1,106,800 shares

(4)

Total amount for share acquisition

¥ 6,200,419,000

(5)

Method of acquisition

Open market purchases on the Tokyo Stock

Exchange

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(References)

1. Details of the resolution approved at the Board of Directors meeting held on May 13, 2022

(1)

Type of shares to be acquired

Common shares

(2)

Total number of shares to be acquired

7,500,000 shares (maximum)

(5.94% of total number of shares outstanding)

(3)

Total amount for share acquisition

¥ 30 billion (maximum)

(4)

Acquisition period

May 16, 2022 to September 30, 2022

(5)

Acquisition method

(i) Purchases through Off-Auction Own Share

Repurchase Trading (ToSTNeT-3) of the Tokyo

Stock Exchange

  1. Open market purchases on the Tokyo Stock Exchange

2. Total number and value of shares to be acquired pursuant to the above resolution of the Board of Directors (as of July 31, 2022)

(1)

Total number of shares to be acquired

5,790,600 shares

(2)

Total cost of shares to be acquired

¥ 29,963,721,000

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Open House Co. Ltd. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 06:33:20 UTC.