オープンハウスグループ（3288） – [Delayed]Notice Regarding the Issuance of Stock Acquisition Rights as Stock Options

[Translation for Reference Purpose Only] April 15, 2022 Company name: Open House Group Co., Ltd. Name of representative: Masaaki Arai, President and CEO (Code 3288, TSE Prime) Inquiries: Kotaro Wakatabi, Senior Managing Director and CFO Notice Regarding the Issuance of Stock Acquisition Rights as Stock Options Open House Group Co., Ltd. (“the Company”) hereby announces that at a meeting of the Board of Directors held on April 15, 2022, the Company resolved to issue stock acquisition rights as stock options to Executive Officers and Employees of the Company and Employees of the Company’s Subsidiaries, as detailed below. as a whole. 1. Reason for the issuance of stock acquisition rights as stock options The purpose of the issuance of stock acquisition rights is to provide stock options to Executive Officers and Employees of the Company and Employees of the Company’s Subsidiaries in order to help further increase the stock value and consolidated financial results of the Company and Open House Group 2. Terms and conditions of the issuance of stock acquisition rights (1) Name of stock acquisition rights Open House Group Co., Ltd. 8th Series of Stock Acquisition Rights (2) Total number of subscription rights to shares 2,776 units The above total number is the number to be allotted, and the subscription rights to shares shall be allotted on condition that the persons to whom subscription rights to shares are allotted apply for their respective allotted number as resolved by the Board of Directors of the Company. If the number of applications is less than the planned number of allocations, the number of allocations shall be the number of applications. 1 / 7 (3) Eligible persons and the number of persons to whom subscription rights to shares are allotted and the number of subscription rights to shares to be allotted Executive Officer of the Company: 3 persons, 300 units Employees of the Company: 9 persons, 676 units Employees of the Company’s subsidiaries: 30 persons, 1,800 units (4) Class and number of shares subject to the stock acquisition rights The class of shares subject to the stock acquisition rights shall be shares of the Company’s common stock and the number of shares subject to each stock acquisition right (hereinafter, the “Number of Shares to be Granted”) shall be 100 shares. The common stock of the Company is fully voting stock. It is standard common stock of the Company with no limitation on the nature of its rights. The number of shares constituting one unit is 100. However, if the Company splits its common stock (including gratis allotment of common stock of the Company; the same shall apply hereinafter to the description of a share split) or consolidates its common stock after the date on which the subscription rights to shares are allotted (hereinafter referred to as “Allotment Date”), the Number of Granted Shares shall be adjusted according to the following formula, and any fraction less than 1 share resulting from such adjustment shall be rounded down. Postadjustment Number of Shares to be Granted = Pre adjustment Number of Shares to be Granted x Stock split or stock consolidation ratio In addition, if there are other compelling circumstances that require the adjustment of Number of Granted Shares other than the above, the Board of Directors of the Company shall be able to adjust the Number of Granted Shares within a reasonable range. Any fraction less than 1 share resulting from the above adjustment shall be rounded down. (5) Allotment Date of subscription rights to shares May 10, 2022 2 / 7 (6) Amount to be paid in for subscription rights to shares or method for calculating such amount The option price per share (any fraction less than 1 yen shall be rounded off) shall be calculated based on the BlackScholes model as follows on the Allotment Date of the subscription rights to shares. BlackScholes model Here, In()+(