KLab : Notice Concerning Application for Selection of Prime Market in New Market Segments

September 15, 2021

Name of Company: KLab Inc.

Representative: Hidekatsu Morita,

Representative Director, President and CEO (TSE1: 3656)

Direct Inquiries to: Kazuyuki Takata,

Senior Managing Director and CFO

E-mail Address: [e-mail]

Notice Concerning Application for Selection of Prime Market in New Market Segments

As disclosed on July 12, 2021, KLab Inc. (the "Company") received the initial assessment in conformity of continued listing standards for new market segments from the Tokyo Stock Exchange, Inc. ("TSE") and has confirmed that it is in compliance with the continued listing standards of the "Prime Market."

Based on this result, at a meeting of the Board of Directors held today, a resolution was passed to select the "Prime Market" as the market segment to which the Company belongs after the transition to the new market segment scheduled for April 4, 2022 and submit an application to the TSE.

Going forward, the Company will proceed with procedures related to the application to select new market segments in accordance with the schedule established by the TSE.