Notice of Third-Party Allotment Capital Increase and Issuance of Stock Acquisition Rights at a Subsidiary

We would like to inform you that our subsidiary, Crowd Media Co., Ltd., has raised funds through a third-party allotment and issued the first stock acquisition rights.

[Regarding third-party allotment]
Number of issued shares: 350 common shares of the Company Paid-in amount: 50,000 yen per share Total amount of allotted price: 17,500,000 yen

Capital after capital increase: 24,000,000 yen (including capital reserve)

[Regarding the First Stock Acquisition Rights]
Number of Stock Acquisition Rights: 48 Class and number of shares to be issued upon exercise of Stock Acquisition Rights: 4,800 shares of common stock

【Company Profile】
Company name: Crowd Media Co., Ltd.
English: Crowd Media Inc.
Head office location: 6-2-31 Roppongi, Minato-ku, Tokyo 106-0032
Roppongi Hills North Tower 17th floor Business description: Cloud media planning, development, production, and operation Established: May 1, 2015 Officers: Representative Director Atsuyoshi Shimizu Representative Director Takahito Mikasa Capital: 24 million yen (including capital reserves) )
Legal Advisor: Legal Corporation Law Firm Authence Accounting Advisor: Tax Accountant Corporation Zenix Consulting Stock Transfer Agency: Aizawa Securities Co., Ltd.