Announcement of Share Transfer of Consolidated Subsidiaries
TOKYO, June 21, 2024 - Monex Group, Inc. (hereinafter the “Company”) hereby announce that its Board of Directors
resolved today to transfer all shares of Monex Boom Securities (H.K.) Limited and two other subsidiaries. As a resultof this share transfer, Monex Boom Securities (H.K.) Limited will no longer be a specified subsidiary of the Company.
1. Reason of the Share Transfer
Through Monex International Limited ("MIL"), the Company holds shares of Monex Boom Securities (H.K.) Limited,Monex Solutions Limited and Baby Boom Limited (hereinafter collectively the three companies are referred to as"Boom Securities".) The Company has decided to sell its entire holding in Boom Securities in order to concentrate andselect management resources.
2.

Outline of the Specified Subsidiary to be Transferred(1) Name

Monex Boom Securities (H.K.) Limited(2) Location

Room 2801, Level 28, Tower 1, The Millennity, 98 How Ming
Street, Kwun Tong, Kowloon, Hong Kong

(3) Name and title ofrepresentative

Ivan Law(4) Business Description

Securities Business in Hong Kong

(5) Capital stock

HK$149 million (as of March 31, 2024)(6) Date of establishment

March 1997

(7) Major Shareholders andShareholding Ratio

Monex International Limited 100%.

(8) Relationship between
the Company and theparty mentioned

Capitalrelationship

The Company owns 100% of the outstanding
shares through MIL.

Personal
relationshipOne executive director of theconcurrently serves as a director.

BusinessrelationshipNo relationship to be stated.

Company(9) Operating results and financial condition for the latest three years (in thousands of Hong Kong dollars,
except as otherwise noted)
Fiscal Year

Year ending March31, 2021

Year ending March
31, 2022

Year ending March
31, 2023

Net assets

178,690

183,300

185,680

Total assets

1,963,182

1,913,005

1,401,894

1.20

1.23

1.24

Amount of sales

133,371

100,957

75,083Operating income

44,564

22,641

5,403

Net income

Net assets per share (HK$)

37,027

19,6092,380

Earnings per share (HK$)

0.25

0.13

0.02

Dividend per share (HK$)

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3.

Overview of the counterparty of the transfer(1) Name

Ignition Holdings Limited(2) Location

Unit 2A, 17/F, Glenealy Tower, No. 1 Glenealy, Central, Hong Kong

(3) Relationship between the Company and the party mentioned
CapitalrelationshipNo relationship to be stated.

Personal
relationshipNo relationship to be stated.

BusinessNo relationship to be stated.
relationship* The other outline of the counterparty information will not be disclosed due to confidentiality obligations
with the transferee.
4.

Number of shares transferred and status of shares held before and after the change(1) Number of shares held before
the change

149,402,200 shares of common stock(Voting rights ownership ratio: 100%)(2) Number of shares to betransferred

149,402,200 shares of common stock(3) Number of shares held after thechange

0 shares (Voting rights ownership ratio: 0%)* The transfer price will not be disclosed due to confidentiality obligations with the transferee.
5.

Schedule(1) Date of resolution by theCompany’s board of directors

June 21, 2024 (today)(2) Conclusion of agreement onshare transfer

June 21, 2024 (today)

To be determined(3) Closing date of share transfer* The closing date is not determined as of today as the share transfer is subject to pre-closing conditions,including governmental approval.

6. Future outlook
Boom Securities will be excluded from the scope of consolidation as a result of this share transfer. The impact of thisshare transfer on the consolidated financial results is expected to be minimal.

Contact:Akiko Kato
Corporate Communications OfficeMonex Group, Inc.
+81-3-4323-3983

Yuki Nakano, Taishi Komori
Investor Relations, Financial Control Department
Monex Group, Inc.
+81-3-4323-8698

This material is an English translation of a Japanese announcement made on the date above. Although the Company intendedto 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.

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