May 16, 2022

Company Name:

GMO Internet, Inc.
(TSE Prime Market, 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 Group CFO,
Deputy to Group CEO, Head of Group Management Division

Telephone:+81 3 5456 2555

URL:

https://www.gmo.jp/en

Notice of Application by the Overseas Subsidiary to List Its Shares on the Stock
Exchange of Thailand
GMO Internet, Inc. (the “Company”) hereby announces that its consolidated subsidiary, GMO FinancialHoldings, Inc. (Standard: 7177, “GMO-FH”) has announced that its consolidated subsidiary GMO-Z com
Securities (Thailand) Public Company Limited has applied to list its shares on the Stock Exchange of Thailand
on May 13, 2022, as follows.
This is not an announcement of the approval of the listing of the company's shares as of today and does notguarantee that the company will be approved to go public in the future. The Company will announce theprogress in this application procedure as appropriate.
1.

Overview of the company that has applied to list its shares on the Stock Exchange of Thailand(1)
Name
GMO-Z com Securities (Thailand) Public Company Limited(2)
Location
No. 9, G Tower, Grand Rama 9, 15th Floor, South Wing, Rama 9 Road,Huaykwang, Huaykwang, Bangkok 10310, Thailand(3)
Name & Title ofChief Executive Officer and Authorized Director
Representative
Prakrit Thanwalai(4)
Business
Financial instruments business in Thailand
Description(5)
Capital
THB 2,880 million (¥10,532 million*)(6)
Major Shareholders
GMO-FH 99.99%
and Ownership
Ratio* Based on the exchange rate as of March 31, 2022 (THB 1 = ¥3.657; amounts less than ¥1 million have been ignored).

2.

Reason for the application by the company to list its shares on the Stock Exchange of Thailand
In the Internet Finance segment, GMO-Z com Securities (Thailand) Public Company Limited, which offers
online securities trading services in Thailand since November 2017, has become number three* in the industry
in terms of the balance of margin transactions that the company has focused on in the country. The consumer
base continues to grow, and the overall business has seen steady growth.
GMO-Z com Securities (Thailand) Public Company Limited has applied to list its shares on the Stock
Exchange of Thailand today for the purpose of accelerating growth, expanding its business operations, andraising overall corporate value by enhancing the company’s ability to procure funding and the public confidence
in the organization through the listing on the stock market.
The company is intended to remain as a consolidated subsidiary of GMO-FH.
* The ranking is based on the market share in terms of the balance for margin transactions in the country as of December 31, 2021. Calculated based on materials
released by subsidiaries and the Stock Exchange of Thailand.

13.

OthersAt this moment, this application will have no material impact on consolidated earnings for the fiscal year 2022.

This document is a press release to announce that the Company's consolidated subsidiary GMO-Z com Securities (Thailand)
Public Company Limited has applied to list its shares on the Stock Exchange of Thailand, and it has not been prepared for thepurpose of soliciting investments or other conduct of similar nature whether in Japan, the United States, or elsewhere.

2