Tranche Update on Axial Retailing Inc.'s Equity Buyback Plan announced on June 13, 2023.

Axial Retailing Inc. is a company mainly engaged in the operation of supermarkets. The Supermarket segment is engaged in the operation of supermarkets, the procurement and wholesale of merchandises sold in the supermarkets operated by the Company, as well as the manufacture and processing of foods sold in the supermarkets operated by the Company. The Others segment is engaged in the sanitary service, the operation of insurance agents specializing in the agency of insurance contract, the processing of information, the development of software, the preparation of advertisement leaflets and other prints, cargo handling operations and cleaning business, as well as the sale of automobile.