Translation

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

April 22, 2022

Company Name: ORO Co., Ltd.

Representative: Atsushi Kawata Representative Director & President

Stock Code: 3983 (Tokyo Stock Exchange, Prime Market)

Contact: Yasuhisa Hino

Senior Managing Director and

General Manager for Corporate Department

TEL: +81-3-5724-7001

Notice Relating to Completion of Payment for Disposal of

Treasury Shares as Restricted Stock Compensation

ORO Co., Ltd. (the "Company") hereby announces the completion of the payment for disposal of treasury shares as the restricted stock compensation, resolved at a meeting of its Board of Directors held on March 25, 2022. The details are described in the following table. For details, please refer to the "Notice Regarding Disposal of Treasury Shares as Restricted Stock Compensation" disclosed on March 25, 2022.

Details

Outline of the Disposal

(1)Disposal date

April 22, 2022

(2)Class and number of shares to be disposed of

6,286 shares of Common stock of the Company

(3)Disposal price

¥2,465 per share

(4)Total value of share disposal

¥15,494,990

(5)Allottees, Number Thereof and Number of Shares to Be Disposed of

the Company's directors (excluding outside directors) shares

4 persons 6,286

(6)Others

The Company has submitted a Securities Registration Statement based on the Financial Instruments and Exchange Act for the Disposal of Treasury Shares.

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ORO Co. Ltd. published this content on 22 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2022 06:27:03 UTC.