METAWATER : Completion of Payment for Disposal of Treasury Shares as Share Remuneration with Restriction on Transfer

	July 20, 2022
TRANSLATION - FOR REFERENCE ONLY
Company	METAWATER Co., Ltd.
Representative	Kenji Yamaguchi, President and Representative Director
	(Securities code: 9551 Prime Market of Tokyo Stock Exchange)
Contact	Shingo Nishimura, Executive General Manager, Corporate
	Strategy Planning Office
	(Tel: [phone])

Completion of Payment for Disposal of Treasury Shares as Share Remuneration with

Restriction on Transfer

METAWATER Co., Ltd. (the "Company") hereby announces that payment procedures for the disposal of treasury stock as share remuneration with restriction on transfer, which was resolved at a meeting of the Board of Directors held on June 21, 2022, were completed on July 20, 2022.

Please refer to "Disposal of Treasury Shares as Share Remuneration with Restriction on Transfer," dated June 21, 2022, for details.

Outline of disposal of treasury stock

(1)	Class and number of	28,000 shares of the Company's common stock
shares to be disposed
(2)	Disposal price	1,887 yen per share
(3)	Total disposal value	52,836,000 yen
		Directors (excluding Outside Directors) of the Company
	Parties to acquire the	4 persons	7,800 shares
	Executive Officers not concurrently serving as Directors of the Company
	shares, number of
(4)
persons, and number of
	11 persons	15,000 shares
	shares to be disposed of
	Executive Advisors of the Company
		4 persons	5,200 shares
(5)	Date of disposal	July 20, 2022

1