June 21, 2022

Yoshikazu Fujikawa

President and Representative Director, CEO

Solasto Corporation

(Securities Code: 6197 TSE PRIME)

Notice of Change in Major Shareholder

Solasto Corporation (TSE: 6197, "the Company") announces the following change to its major shareholder as of June 14, 2022.

  1. Details of the change
    Change in major shareholder was found in the large shareholding report (change report) submitted by the following shareholder to the Kanto Local Finance Bureau on June 21, 2022.
  2. Overview of the shareholder

(1)

Name

T. Rowe Price Japan Co., Ltd.

(2)

Address

9-2, Marunouchi 1-chome,Chiyoda-ku, Tokyo

10th Floor of Grand Tokyo South Tower

(3)

Name and Title of

Naoyuki Honda, Representative, Country Head of Japan

Representative

(4)

Business description

Investment Management Business

3. The number of voting rights held by the shareholder (number of shares held) and the percentage of voting rights held against voting rights of all shareholders before and after the change

Number of voting rights

The percentage of voting

Major

rights held against voting

shareholder

(Number of shares held)

rights of all shareholders

ranking

Before the change

97,807

10.34%

(As of May 27, 2022)

(9,780,700 shares)

After the change

86,938

9.19%

(8,693,800 shares)

Note: 1. The percentage of voting rights held against voting rights of all shareholders before and after the change is based on the shareholder registry as of March 31, 2022. It is calculated based on the number of total shareholder voting rights, which is calculated by subtracting 13,650 shares without voting rights from the total number of issued shares of 94,579,550 shares. Figures are rounded to the third decimal place.

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

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2. The above figures are based on the large shareholding reports (change reports) submitted on June 3, 2022 (reporting obligation occurrence date: May 27, 2022) for before the change, and on June 21, 2022 (reporting obligation occurrence date: June 14, 2022) for after the change. We have not confirmed the number of shares beneficially owned in the name of the shareholder at this time. The Major shareholder ranking is also not stated as it has not been confirmed.

.

4. Outlook

This announcement was made based on the submission of the large shareholding report (change report) by the above-mentioned shareholder, and there are no matters that should be specifically described regarding the future outlook.

Investor Relations Office

ir@solasto.co.jp

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

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Disclaimer

Solasto Corporation published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 07:04:02 UTC.