May 15, 2020

Company Name:

GMO Internet, Inc.
(TSE First Section, Code: 9449)

Address:

26-1 Sakuragaoka-cho Shibuya-ku Tokyo JAPAN

Representative:

Masatoshi Kumagai, Founder, Chairman and Group CEO

Contact:

Masashi Yasuda, Executive Vice President and CFO, Head ofGroup Management Division

Telephone:+81 3 5456 2555

URL:

https://www.gmo.jp/en

Notice Regarding the Result of Repurchase of Own Shares through Off-Auction Own Share
Repurchase Trading System (ToSTNeT-3) and Change in Major Shareholders
GMO Internet, Inc. (the Company) hereby announces that the Company repurchased its own shares asannounced on May 14, 2020, causing a change in the Company’s major shareholders.
I. Result of Repurchase of Own Shares through Off-Auction Own Share Repurchase Trading System (ToSTNeT3)
1. Details of share repurchase(1) Type of shares acquired
GMO Internet common shares(2) Total number of shares acquired
2,703,000 shares(3) Total cost of share acquisition
JPY 6,857,511,000(4) Date of repurchase
May 15, 2020
(5) Method of repurchase
Repurchase of own shares through Off-Auction Own ShareRepurchase Trading System (ToSTNeT-3)
As the total number and value of shares repurchased amounts to less than the total number of shares to be
repurchased or the total amount of repurchase price resolved at the Board of Directors meeting held onFebruary 12, 2020, the Company will repurchase its own shares through open market purchase on the Tokyo
Stock Exchange from May 19, 2020, onwards.
(Reference)
1. Details of the resolution approved at the board of directors’ meeting held on February 12, 2020
(1) Type of shares to be acquired
GMO Internet common shares(2) Total number of shares to beUp to 9,000,000 sharesacquired% of outstanding shares (excluding treasury shares): 7.95%(3) Total cost of share acquisition
Up to JPY 15,000 million(4) Acquisition period
February 13, 2020, through to February 12, 2021
(5) Method of repurchase① Repurchase of own shares through Off-Auction Own Share
Repurchase Trading System (ToSTNeT-3)② Open market purchase on the Tokyo Stock Exchange
2. Total number and value of shares repurchased pursuant to the above resolution (as of May 15, 2020)(1) Total number of shares acquired
3,980,900 shares(2) Total cost of share acquisition
JPY 9,341,936,400
II. Change in Major Shareholders
11. Background to the change
When GMO Internet repurchased its own shares through Off-Auction Own Share Repurchase Trading(ToSTNeT-3) of the Tokyo Stock Exchange described in I. above, the Company was informed by Masatoshi
Kumagai - the largest shareholder and the Founder and Chairman of the GMO Internet - that he sold some of
his holding (2,459,500 shares) of the Company’s common stock, causing a change in the Company’s majorshareholders.
2. Overview of the shareholder subject to the change(1) NameMasatoshi Kumagai(2) Location Minato-ku Tokyo JAPAN
3. The number of voting rights (shares) held by the shareholder and their percentage of the number of voting
rights held by all shareholders
Percentage of the
Number of voting rights
Ranking among large
number of voting rights（Number of shares held）
shareholders
held by all shareholders
Before change (as of114,504
10.11%
SecondMarch 31, 2020)(11,450,411 shares)
After change (as of May
89,909
8.23%
Second15, 2020)(8,990,911 shares)(Notes) The percentage of the number of voting rights held by all shareholders before the change is calculated
based on the number of total voting rights of 1,132,195, which is determined by subtracting the number ofshares without voting rights from 113,242,987 shares, the total number of outstanding shares as of March 31,
2019.
4. Future outlook
This change in major shareholders will not affect the Company’s business performance, management system,or other such matters.

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