Notice Concerning the Result of the Tender Offer
for Share Certificates, Etc. of SB Technology Corp. (Securities Code: 4726)

(2) Name of the Target Company

SB Technology Corp.

(3) Class of Share Certificates, Etc. Subject to the Tender Offer

1. (A)
   Common shares
2. (B)
   Stock acquisition rights
   1. (a)
      Stock acquisition rights issued pursuant to the resolution at the board of directors meeting of the Target Company held on September 26, 2018 (the “2018 First Series Stock Acquisition Rights”) (the exercise period is from October 1, 2020 to September 30, 2024)
   2. (b)
      Stock acquisition rights issued pursuant to the resolution at the board of directors meeting of the Target Company held on September 29, 2021 (the “2021 First Series Stock Acquisition Rights”) (the exercise period is from October 1, 2023 to September 30, 2025)
   3. (c)
      Stock acquisition rights issued pursuant to the resolution at the board of directors meeting of the Target Company held on June 20, 2022 (the “2022 First Series Stock Acquisition Rights”; the 2018 First Series Stock Acquisition Rights, the 2021 First Series Stock Acquisition Rights and the 2022 First Series Stock Acquisition Rights are hereinafter collectively referred to as the “Stock Acquisition Rights”) (the exercise period is from July 1, 2025 to June 30, 2025)

(4) Number of Share Certificates, Etc. to be Purchased

[Notes]

1. *1
   If the total number of share certificates, etc. tendered in response to the Tender Offer (the “Tendered Share Certificates, Etc.”) is less than the minimum number of the share certificates, etc. to be purchased (2,815,600 shares), the Tender Offeror will not purchase any of the Tendered Share Certificates, Etc. If the total number of Tendered Share Certificates, Etc. is equal to or more than the minimum number of the Share Certificates, Etc. to be purchased, the Tender Offeror will purchase all of the Tendered Share Certificates, Etc.
2. *2
   Shares less than one unit are also subject to the Tender Offer. If a right to demand purchase of shares less than one unit is exercised by a shareholder in accordance with the Companies Act (Act No. 86 of 2005; as amended), the Target Company may purchase its own shares during the period of purchase, etc. of the Tender Offer (the “Tender Offer Period”) in accordance with procedures under laws and regulations.
3. *3
   The Tender Offeror does not intend to acquire the treasury shares held by the Target Company through the Tender Offer.
4. *4
   In the Tender Offer, the Tender Offeror has not set a maximum number of share certificates, etc. to be purchased, and thus the number of share certificates, etc. to be purchased is stated as the maximum number of share certificates, etc. of the Target Company to be acquired by the Tender Offeror through the Tender Offer. Such maximum number of share certificates, etc. to be acquired in the Tender Offer is the number of shares (9,590,933 shares) representing the sum of (ⅰ) the total number of issued shares of the Target Company (22,757,800 shares) as of March 31, 2024 stated in the Consolidated Financial Results for the Fiscal Year Ended March 2024 (Under Japanese GAAP) released by the Target Company on April 25, 2024 (the “Target Company's Financial Results”), plus (ⅱ) the number of shares (424,200 shares in total) underlying all of the Stock Acquisition Rights (4,242 units in total) outstanding as of March 31, 2024 of the Stock Acquisition Rights stated in the Annual Securities Report for the 35th Fiscal Year filed by the Target Company as of June 19, 2023 (the “Target Company's Securities Report”) (according to the Target Company, 1,580 units of the 2018 First Series of Stock Acquisition Rights (underlying shares: 158,000 shares), 2,160 units of the 2021 First Series of Stock Acquisition Rights (underlying shares: 216,000 shares), and 502 units of the 2022 First Series of Stock Acquisition Rights (underlying shares: 50,200 shares)), less (ⅲ) the 2,856,067 treasury shares held by the Target Company as of March 31, 2024 as stated in the Target Company's Financial Results and the number of Target Company Shares (10,735,000 shares) owned by the Tender Offeror as of April 25, 2024.
5. *5
   The Stock Acquisition Rights may be exercised up to the last day of the Tender Offer Period, but any Target Company Shares issued or transferred through that exercise are also subject to the Tender Offer.

(5) Period of the Tender Offer

1. (A)
   Period of the Tender Offer
   From April 26, 2024 (Friday) through June 11, 2024 (Tuesday) (30 business days)
2. (B)
   Possibility of Extension by Request of the Target Company
   There are no applicable matters.

(6) Price of the Tender Offer

1. (A)
   Common shares: 2,950 yen per share of common shares
2. (B)
   Stock acquisition rights
   1. (a)
      2018 First Series Stock Acquisition Rights: 1 yen per stock acquisition right
   2. (b)
      2021 First Series Stock Acquisition Rights: 1 yen per stock acquisition right
   3. (c)
      2022 First Series Stock Acquisition Rights: 1 yen per stock acquisition right

(2) Date of Public Notice of Results of the Tender Offer, and Name of Newspaper for Public Notice

Pursuant to Article 27-13, Paragraph 1 of the Act, on June 12, 2024, at the TSE, the Tender Offeror made a public announcement of the results of the Tender Offer to the press, by the method prescribed in Article 9-4 of the Financial Instruments and Exchange Act Enforcement Order (Cabinet Order No. 321 of 1965, as amended) and Article 30-2 of the Cabinet Office Ordinance on Disclosure Required for Tender Offer for Share Certificates, Etc. by Person Other Than Issuer (Ministry of Finance Ordinance No. 38 of 1990, as amended) (the “Cabinet Ordinance”).

(3) Number of Share Certificates, Etc. Purchased

(4) Ownership Ratio of Share Certificates, Etc. after the Tender Offer

[Notes]

1. *1
   “Number of voting rights represented by the share certificates, etc. held by special related parties before the Tender Offer” and “Number of voting rights represented by the share certificates, etc. held by special related parties after the Tender Offer” states the total number of voting rights represented by share certificates, etc. held by each special related party (other than special related parties who are not considered special related parties pursuant to Article 3, Paragraph 2, Item 1 of the Cabinet Ordinance for the purpose of calculation of ownership ratio of share certificates, etc. under each Item of Article 27-2, Paragraph 1 of the Act).
2. *2
   “Total number of voting rights of all shareholders, etc. of the Target Company” is the number of voting rights of all shareholders of the Target Company as of September 30, 2023 stated in the Quarterly Securities Report for the third quarter of the 36th fiscal year filed by the Target Company on February 13, 2024 (based on the number of shares per unit being 100 shares). However, since shares less than one unit and Target Company Shares that may be issued or transferred through the exercise of stock acquisition rights were subject to the Tender Offer, when calculating “Ownership ratio of share certificates, etc. before the Tender Offer” and “Ownership ratio of share certificates, etc. after the Tender Offer,” the number of voting rights (203,259 voting rights) represented by 20,325,933 shares, which is the difference of the sum of (ⅰ) the total number of issued shares (22,757,800 shares) of the Target Company as of March 31, 2024 stated in the Target Company's Financial Results, plus (ⅱ) the number of shares (424,000 shares in total) underlying all of the Stock Acquisition Rights (4,242 units in total) outstanding as of March 31, 2024 of the Stock Acquisition Rights stated in the Target Company's Securities Report (according to the Target Company, the 1,580 units of the 2018 First Series of Stock Acquisition Rights (underlying shares: 158,000 shares), 2,160 units of the 2021 First Series of Stock Acquisition Rights (underlying shares: 216,000 shares), and 502 units of the 2022 First Series of Stock Acquisition Rights (underlying shares: 50,200 shares)), less (ⅲ) the number of treasury shares held by the Target Company (2,856,067 shares) as of March 31, 2024 stated in the Target Company's Financial Results, is used as the denominator.
3. *3
   “Ownership ratio of share certificates, etc. before the Tender Offer” and “Ownership ratio of share certificates, etc. after the Tender Offer” have been rounded to the nearest two decimal places.

(5) Calculation if the Tender Offer is Conducted by Proportional Distribution

There are no applicable matters.

(6) Method of Settlement

1. (A)
   Name and Address of Head Office of Financial Instruments Business Operator, Bank, Etc. in Charge of Settlement of the Tender Offer
   Nomura Securities, Co., Ltd.
   (13-1, Nihombashi 1-chome, Chuo-ku, Tokyo)
2. (B)
   Commencement Date of Settlement
   June 18, 2024 (Tuesday)
3. (C)
   Method of Settlement
   A notice regarding the purchase under the tender offer will be mailed to the address of persons who accept the offer for the purchase of share certificates, etc. in the Tender Offer or offer the sale of share certificates, etc. in the Tender Offer (the “Tendering Shareholders, Etc.”) (or the address of the standing proxy in the case of shareholders, etc. residing in foreign countries who do not have accounts with the tender offer agent that are available for trading (including corporate shareholders, etc.)) without delay after the expiration of the Tender Offer Period.
   The purchase will be settled in cash. The Tendering Shareholders, Etc. may receive the sales proceeds from the tender offer in the manner they specify, including by way of remittance, without delay after the commencement date of the settlement (a remittance fee may be charged).