June 30, 2023
To whom it may concern
Company: Japan Securities Finance Co., Ltd.
Representative Executive Officer & President: Shigeki Kushida(Code No. 8511, TSE Prime)
Contact: Kentaro Hibi, General Manager, Corporate Governance
Office(E-mail:info@jsf.co.jp)
Notice on Completion of Payment for the Disposition of Treasury Stock and Partial
Forfeiture of Rights

Japan Securities Finance Co., Ltd. (JSF) completed today for the payment for thedisposition of treasury stock to the Employee Shareholding Association, which was passed aresolution at a meeting of the Company's Board of Directors held on May 9, 2023. We hereby
inform you, as below, that the number of shares for disposition and the total disposition
value, which were originally planned, have been changed due to the partial forfeiture of therights. For further details of this matter, please see the “Notice on Disposition of Treasury
Stock by Third-Party Allotment” dated May 9, 2023.

１．Changes in the summary of the disposition of treasury stock (changes are underlined)

After change

Before change(１) Date of disposition

June 30, 2023

June 30, 2023

(２) Class and number ofshares for disposition

48,600 shares of theCompany’s common stock

49,000 shares of theCompany’s common stock(Note)(３) Disposition price¥ 1,018 per share¥ 1,018 per share(４) Total disposition value¥ 49,474,800¥ 49,882,000 (Note)(５) Disposition method

By way of third-party allotment By way of third-party allotment(６) Planned allottee

Japan Securities Finance
Employee Shareholding
Association

Japan Securities Finance
Employee Shareholding
Association(７) Other

The Company has filed asecurities registration
statement in accordance withthe Financial Instruments andExchange Act, regarding thedisposition of treasury stock.

The Company has filed asecurities registration
statement in accordance with
the Financial Instruments andExchange Act, regarding thedisposition of treasury stock.

Deleted(Note) The figures for “numberof shares for disposition” and“total disposition value” aremaximum, and the actual
number of shares for
disposition and the actual
disposition value are expected
to be determined according to
the number of members whojoin to the Japan Securities
Finance Employee
Shareholding Association(hereinafter “ShareholdingAssociation”) after thecompletion of the promotion ofmembership in theShareholding Association.
Regarding “number of sharesfor disposition” and “totaldisposition value”, we plan topromptly announce them assoon as the number of eligible
individuals is determined.

２．Reason for change
The change in the number of shares for disposition and the total disposition value is dueto the completion of the enrollment promotion for employees and the determination of thenumber of members of the Shareholding Association.

３. Future outlook
The impact of this Disposition of Treasury Stock on the Company's consolidated financial
results for the fiscal year ending March 31, 2024 is forecasted to be negligible; however,
the Company will promptly announce when the need to revise its financial forecast or othermatters that should be announced arise.

This is the English translation of the document originally written in Japanese for non-Japanese convenience.
Although Japan Securities Finance intends to faithfully translate the Japanese written documents into Englishversion, the accuracy and correctness of translation are not guaranteed, so you are kindly encouraged to refer tothe original Japanese version of the document.