Notice Concerning Results and Completion
of Tender Offer by a Subsidiary
(LY Corporation, Securities Code: 4689)
for Acquisition of Its Own Shares

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”), which commenced on May 8, 2025. In accordance with the tender offer agreement entered into with LY on May 7, 2025, A Holdings Corporation (hereinafter “AHD”), a subsidiary of the Company and owner of 62.45%^* of LY's shares, submitted a portion of its LY common shares in the Tender Offer. Having completed the Tender Offer on June 4, 2025, the Company hereby announces the results of the Tender Offer. Details are provided in the attached document.
With the conclusion of the Tender Offer, LY has completed the acquisition of its own shares as approved at its Board of Directors meeting on May 7, 2025.
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.

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