Announcement of Subsidiary’s Release

TOKYO, November 15, 2019 – Monex, Inc., a fully owned subsidiary of Monex Group, Inc., issued
the following press release today.

Attachment: Summary of Monex, Inc. press release
No Equity Trading Fee Charged on “TradeStation” Up to Three Months- As a result of renewed complimentary services for large volume margin trading -Akiko Kato
Atsushi Demoto, Yuki Nakano
Corporate Communications Office
Investor Relations, Financial Control Department
Monex Group, Inc.
Monex Group, Inc.
+81-3-4323-8698+81-3-4323-8698
This material is an English translation of a Japanese announcement made on the date above. Although the Company intended
to faithfully translate the Japanese document into English, the accuracy and correctness of this English translation is notguaranteed and thus you are encouraged to refer to the original Japanese document. This translation was made as a matter ofrecord only and does not constitute an offer to sell or to solicit an offer to buy securities in the U.S.
Contact:

Press Release

No Equity Trading Fee Charged on “TradeStation” Trading Tool Upto Three Months- As a result of renewed complimentary services for large volume margin trading -TOKYO, November 15, 2019 - Monex, Inc. (Headquarters: Minato-ku, Tokyo; Representative
Director and President: Yuko Seimei, hereinafter “Monex”) announced today that it will expand
eligibility of Margin Trading Support Program and extend the period of free equity trading on“TradeStation”, a Japanese equity trading tool for active traders. The significantly renewed services
will be available from Monday, November 18, 2019 (planned).
“TradeStation” will now have two frequencies, daily and monthly, for determining the eligibility ofthe program, as opposed to the single weekly basis up to present. Customers who meet one of theconditions are eligible for cash equity trading and margin trading free of charge for up to three months.
Monex will also relax some of the other conditions.
With these changes, Monex hopes to offer opportunities for existing customer and as many new active
traders in Japan as possible to leverage the power of the Japanese equity trading tool, based on thesystem of TradeStation Group, Inc., a highly recognized online broker in the U.S.

■Overview
Program Before Renewal

Eligibility
determined
weeklyMore than 50 million yen of new settlement of margin trading per
business day (average)
More than 50 million yen of unsettled margin position perbusiness day (average)

If one of the above conditions is met, No equity trading fee is charged from the second business
day of the next week after the condition is met until the first business day of the following week (forone week)1

Program After Renewal
More than 40 million yen of new settlement of margin trading per
Eligibility
business day
determined
More than 40 million yen of unsettled margin position at the market
daily
closeEligibility
More than 400 million yen of new settlement of margin trading indetermined
the month
monthly
If one of the above conditions is met, No equity trading fee is charged from the second business day
after the condition is met to the end of the second month (maximum three months)

About “TradeStation” Trading tool
The Japanese version of “TradeStation” is a trading tool developed for Japanese equity trading, basedon the U.S. TradeStation®, a downloadable trading tool offered in the U.S. by TradeStation Securities,
Inc. and TradeStation Technologies, Inc. TradeStation companies who offer online brokerage services.
U.S. TradeStation,® a trading tool designed for active traders, has been highly regarded, having
received highest rating for “Best for Frequent Traders” for eight consecutive years in the U.S. financial
magazine Barron’s annual review of online brokerage firms.
Monex is taking advantage of excellent capabilities of the U.S. TradeStation®, while reflecting needsof active traders in Japan by developing the Japanese version of “TradeStation” suitable for Japaneseequity trading. The Japanese version of “TradeStation,” available to active traders in Japan sinceAugust 2016, is very well received for its advanced capabilities.

Contacts:

Tadashi Fukushima, Maho Tsugawa
Public Relations Office, Monex, Inc.
+81-3-4323-3981

This material is an English translation of a Japanese announcement made on the date above. Although theCompany intended to faithfully translate the Japanese document into English, the accuracy and correctnessof this English translation is not guaranteed and thus you are encouraged to refer to the original Japanese
document. This translation was made as a matter of record only and does not constitute an offer to sell orto solicit an offer to buy securities outside Japan.

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