ValueCommerce : Notice of Completion of Payment for Disposition of Treasury Stock as Restricted Shares

This filing was originally prepared and published by the company in Japanese as it contained timely disclosure information to be submitted to the Tokyo Stock Exchange. The English translation is for your reference only. To the extent that there is any discrepancy between this English translation and the original Japanese filing, the Japanese filing will prevail.

April 22, 2022

Financial Release

Corporate Name	ValueCommerce Co., Ltd.
Representative	Jin Kagawa, Representative Director,
President and CEO
Ticker Symbol	2491
Inquiries	Masatomo Endo, Director of the Board,
CFO
Phone	81 3 5210 6688

Notice of Completion of Payment for Disposition of Treasury Stock as Restricted Shares

ValueCommerce Co., Ltd. (the "Company") hereby announces that the payment process was completed today for the disposition of treasury stock that the Board of Directors had resolved to conduct at a meeting held on March 23, 2022. The summary is given below. For details regarding this matter, please refer to "Notice of Disposition of Treasury Stock as Restricted Shares" released on March 24, 2022.

Summary of Disposition of Treasury Stock

(1) Payment date	April 22, 2022
(2) Class and number of shares disposed	Company's common shares 12,050 shares
(3) Price of disposition	3,420 yen per share
(4) Total disposal amount	41,211,000 yen
(5) Planned allottees	Two Directors of the Company 10,520 shares(*) Three Executive Officers of the Company 870 shares Three employees of the Company 660 shares * Excluding Directors who are Audit and Supervisory Committee Members and Outside Directors