Notice regarding Determination of Details of Issuance of Paid-in Stock Options (The 19th Stock Acquisition Rights) with Performance Conditions

July 26, 2023

 SMS Co., Ltd. (the “Company”) hereby announces that it finalized the undetermined items of the 19th Stock Acquisition Rights (the “Stock Acquisition Rights”) with performance conditions to be issued to the directors and employees of the Company in accordance with the board of directors’ resolution of July 10, 2023.

1.Allottees of Stock Acquisition Rights and number thereof, and number of Stock Acquisition Rights to be allotted

 Directors and employees of the Company, totaling 32 persons, and a total of 2,130 Stock Acquisition Rights.

2.Total number of Stock Acquisition Rights

 2,130 units

3.Class and number of shares underlying Stock Acquisition Rights

 The number of shares underlying Stock Acquisition Rights shall be 213,000 shares of the Company’s common stock.

For reference:
Notice regarding Issuance of Paid-in Stock Options (The 19th Stock Acquisition Rights) with Performance Conditions” released on July 10, 2023.

Notice regarding Determination of Details of Issuance of Paid-in Stock Options (The 19th Stock Acquisition Rights) with Performance Conditions