Notice Concerning Acquisition of Own Shares and Commencement of Tender Offer by a Subsidiary
(LY Corporation, Securities Code: 4689) and
Submission of Tender by Subsidiary
(A Holdings Corporation)

At its Board of Directors meeting held on May 7, 2025, LY Corporation (Securities code: 4689, Prime Market of the Tokyo Stock Exchange, hereinafter “LY”), a subsidiary of the Company, resolved to acquire its own shares through a tender offer (hereinafter the “Tender Offer”). Details are provided in the attached document.
In addition, A Holdings Corporation (hereinafter “AHD”), a subsidiary of the Company and owner of 62.45%^* of LY’s shares, concluded a tender offer agreement as of today with LY to submit a portion of its LY common shares in the Tender Offer.
The effect of this matter on the Company’s consolidated financial statements is immaterial.

[Note]

1. *
   The percentage ownership by AHD as of March 31, 2025, is calculated based on the number of shares issued by LY as of March 31, 2025 (7,154,182,647 shares), subtracting the number of treasury shares owned by LY as of the same date (607,074 shares, excluding the common shares owned by the share-based benefit trust (J-ESOP), executive compensation BIP trust, and share-based granting ESOP trust (28,167,999 shares)), equaling 7,153,575,573 shares. The percentage is then calculated as the ratio of AHD's ownership as of March 31, 2025, which totals 4,467,326,675 shares, rounded to the nearest thousandth place.

• SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
• Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.