Pasona : Notice Regarding Listing of Our Equity-method Affiliate (circlace Inc.)

（This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.）

April 12, 2022

To whom it may concern,

Listed company name:	Pasona Group Inc.
Listing stock exchange:	Tokyo Stock Exchange Prime Market
Securities code number:	2168
Representative:	Yasuyuki Nambu, Group CEO and President
For further information contact:	Yuko Nakase,
Senior Managing Executive Officer and CFO
Tel.	[phone]

Notice Regarding Listing of Our Equity-method Affiliate (circlace Inc.)

Today, we are pleased to announce that our equity-method affiliate, circlace Inc. (headquarters: Chiyoda-ku, Tokyo, Japan; representative director: Jun Sato) was listed on the Growth Market of the Tokyo Stock Exchange as follows.

• 1. Outline of the listed euity-method affiliate:

  Trade name	circlace Inc.
  Address	6-2, Otemachi 2-chome, Chiyoda-ku, Tokyo, Japan
  Name and title of representative	Jun Sato (president and representative director)
  Scope of business	- Consulting regarding DX - Consulting regarding business improvement using ICT - Development and sales of SaaS products (Circlace, AGAVE, Prigister One) - Provision of a one-stop service for cloud solution (Salesforce, Anaplan, etc.) implementation, from design and development to establishment, maintenance, and operational support
  Capital stock	100 million yen
  Date of establishment	November 1, 2012
  Major shareholders and shareholding ratio	Pasona Group Inc.: 35.12％

• 2. Future Outlook:

After the listing of circlace Inc. the company will continue to be an equity-method affiliate of Pasona Group Inc.

This matter will have no impact on the Company's consolidated financial results for the current fiscal year.

In the event that any matters requiring disclosure arise in the future, there will be promptly disclosed.