ALBERT : (Changes and additions to disclosures)Notice Concerning Capital and Business Alliance with SBI Holdings, Inc., Stock Offering

June 15, 2021

ALBERT Inc.

(Stock code: 3906) 2-21-1,Kita-Shinjuku,Shinjuku-ku, Tokyo Takeshi Matsumoto, President

(Changes and additions to disclosures)

Notice Concerning Capital and Business Alliance with SBI Holdings, Inc., Stock Offering and Change in Largest Shareholder and Other Affiliated Companies

ALBERT Inc. (hereafter "ALBERT") announces that it occurred changes and additions to disclosures which announced in the press release "Notice Concerning Capital and Business Alliance with SBI Holdings, Inc., Stock Offering and Change in Largest Shareholder and Other Affiliated Companies" dated June 9, 2021.

There is no change to the fact that ALBERT entered the capital and business alliance with SBI Holdings, Inc. (hereafter "SBI") and SBI Financial Services Co., Ltd. (hereafter "SBIFS") will acquire ALBERT's common stock.

I. The reason of the changes

ALBERT was announced that SBIFS will acquire ALBERT's common stock held by Whiz Asia Evolution Fund, ALBERT's major shareholder, through off-market negotiation transaction corresponded to stock offering. However, today ALBERT was announced that SBIFS and Whiz Asia Evolution Fund agreed amendment of the stock transfer agreement concerning Whiz Asia Evolution Fund will transfer the shares to SBI SECURITIES Co., Ltd. (hereafter "SBISEC"), a wholly owned subsidiary of SBIFS engaged in the financial instruments business, and then SBISC will transfer the shares to SBIFS on the same date.

As a result, neither of the above transfers constituted a stock offering, and SBISEC temporarily became the largest shareholder as a major shareholder and immediately ceased to be the largest shareholder as a major shareholder upon the transfer from SBISEC to SBIFS.

1. Change in largest major Shareholder 1.Reason of the change
   SBIFS will acquire 1,383,100 of ALBERT's shares SBISEC has (31.38% of all voting rights) on June 30, 2021, based on the amendment. As a result, Whiz Asia Evolution Fund will not hold any ALBERT's common stock, and it will not be the largest major shareholder. On the other hand, SBI is expected to be the other affiliated company, and SBIFS is expected to be the largest major shareholder and other affiliated company after SBISEC is to be the largest major shareholder. (As of June 30, 2021, the investment agreement dated November 21, 2016, that ALBERT entered with Whiz Partners Inc. will be terminated.)

2.Overview of the shareholder

The additional changes of the "Notice Concerning Capital and Business Alliance with SBI Holdings, Inc., Stock Offering and Change in Largest Shareholder and Other Affiliated Companies III Change in largest major Shareholder and other affiliated companies" dated June 9, 2021, are below.

Overview of the shareholder who will be the largest major shareholder

(1)	Name	SBI SECURITIES Co., Ltd.
(2)	Location	1-6-1 Roppongi, Minato-ku, Japan
(3)	Representative	Representative Director, President Masato Takamura
(4)	Description of Business	Financial Instruments and Exchange Business
(5)	Capital	48,323 million yen (as of March 31, 2021)
(6)	Establishment	March 30, 1944
(7)	Capital	232,735 million yen (as of March 31, 2021)
(8)	Total asset	4,251,690 million yen (as of March 31, 2021)
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(9)	Major Shareholders	and	SBI Financial Services Co., Ltd.		100%
	Shareholding Ratio
(10)	Relationship with Parties		Capital relationship	None
			Personal relationship	None
			Trade relationship	We are entrusted with data
			analysis services
			Related party status	None

3.The number of voting rights (number of shares) held by shareholder and the percentage of the total number of voting rights before and after the changing

(1) Shareholders who will newly become the largest major shareholder (SBISEC)

Number of voting

Percentage of number

Shareholding rank

Attributes

among major

rights and shares held

of voting rights

shareholders

Before

shareholdings

―

―

―

―

change

After

13,831

31.38%

1st

shareholdings

Major shareholder

(1,383,100 shares)

change

(2) Shareholders who will cease the largest major shareholder (SBISEC)

Number of voting

Percentage of number

Shareholding rank

Attributes

among major

rights and shares held

of voting rights

shareholders

Before

13,831

31.38%

1st

shareholdings

Major shareholder

(1,383,100 shares)

change

After

shareholdings

―

―

―

―

change

• The percentage of the total number of voting rights is calculated based on the total number of voting rights of 44,081 units as of March 31, 2021.
• "Percentage of the total number of voting rights" is rounded off to the second decimal place.

4.Outlook

Nothing to be specifically described at this time. We will promptly announce any matters that requires disclosure in the future.

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