アスクル（2678） – Announcement Regarding Acquisition of Treasury Stock through Off-Auction Own Share Repurchase System (ToSTNeT-3)

Disclaimer This document is an English translation of the original Japanese version and provided solely for the purpose of the reader’s convenience. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail in all respects. February 3, 2022 To whom it may concern Company Name: ASKUL Corporation (Code No.: 2678, Tokyo Stock Exchange First Section) Representative: Akira Yoshioka President and Chief Executive Officer Contact Person: Tsuguhiro Tamai Director and Chief Financial Officer Phone: +81-3-4330-5130 Announcement Regarding Acquisition of Treasury Stock through Off-Auction Own Share Repurchase System (ToSTNeT-3) (Acquisition of treasury stock pursuant to the Articles of Incorporation in accordance with the provisions of Paragraph 2 of Article 165 of the Companies Act) ASKUL Corporation (the “Company”) announces the specific method of acquiring treasury stock through Off-Auction Own Share Repurchase System (ToSTNeT-3) as the Company resolved on the matters related to the acquisition in accordance with the provisions of Article 156 of the Companies Act as applied by replacing terms pursuant to the provisions of Paragraph 3 of Article 165 of the Companies Act at the meeting of the Board of Directors held on February 2, 2022. 1. Acquisition method The Company will consign the purchase at the closing price of 1,625 yen today (February 3, 2022) in the Off-Auction Own Share Repurchase System (ToSTNeT-3) on the Tokyo Stock Exchange at 8:45 a.m. on February 4, 2022 (other trading systems and trading hours will not be changed). Such purchase order shall be an order for the duration of such transaction. 2.Contents of matters pertaining to the acquisition (1) Type of Shares Subject to Acquisition (2) Total number of shares to be acquired (Note 1) No changes will be made to the number of shares. Due to market trends or other factors, some or all of the acquisitions Common stock of the Company 3,000,000 shares may not be made. (Note 2) Purchases will be made based on an order to sell a log of the number of shares to be acquired. 3.Announcement of Acquisition Results The results of the acquisition will be announced after the close of trading at 8:45 a.m. on February 4, 2022. (Reference) Details of the resolution on the acquisition of treasury stock (announced on February 2, 2022) (1) Type of shares to be acquired (2) Total number of shares to be acquired (3) Total amount of shares to be acquired (4) Acquisition period (5) Acquisition method Common stock of the Company Up to 5,000,000 shares (4.88% of the total outstanding shares excluding treasury stock) Up to 10,000,000,000 yen February 4, 2022 to May 13, 2022 Purchase through the Tokyo Stock Exchange Off-Auction Own Share Repurchase System (ToSTNeT-3) and market purchase through a discretionary transaction method.