DTS : Notice Concerning Status of Acquisition of Treasury Shares, Completion of Acquisition, and Cancellation of Treasury Shares

	March 7, 2022
To whom it may concern
Company:	DTS CORPORATION
Representative:	Tomoaki Kitamura,
	Representative Director and President
(Stock code: 9682; Tokyo Stock Exchange, First Section)
Contact:	Takao Sakamoto,
	Director and Managing Executive Officer
TEL:	[phone]

Notice Concerning Status of Acquisition of Treasury Shares, Completion of Acquisition,

and Cancellation of Treasury Shares

(Acquisition of treasury shares in accordance with the provisions of the Articles of Incorporation pursuant to Article 165, paragraph (2) of the Companies Act and cancellation of treasury shares pursuant to Article 178 of the Companies Act)

DTS CORPORATION (the "Company") hereby announces that it has conducted the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act, as resolved at the meeting of the Board of Directors held on February 1, 2022. In conjunction with this announcement, the Company announces that the acquisition described below constitutes the completion of the acquisition of treasury shares based on the resolution at the meeting of the Board of Directors held on February 1, 2022.

The Company furthermore announces that it can confirm the number of shares to be cancelled in the cancellation of treasury shares pursuant to the provisions of Article 178 of the Companies Act.

The details are described below.

1. Status of acquisition of treasury shares
(1)	Class of shares acquired:	Common stock of the Company
(2)	Total number of shares acquired:	72,300 shares
(3)	Total acquisition price of shares acquired:	¥198,768,800
(4)	Acquisition period:	From March 1, 2022 to March 4, 2022
		(contract basis)
(5)	Method of acquisition:	Market purchase on the Tokyo Stock Exchange
		(Discretionary trading by securities company)
2. Cancellation of treasury shares
(1)	Class of shares to be cancelled:	Common stock of the Company
(2)	Number of shares to be cancelled:	1,371,900 shares
		(Ratio to the total number of issued shares before the
		cancellation: 2.72%)
(3)	Scheduled date of cancellation:	March 31, 2022
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Common stock of the Company 1,000,000 shares

and all of the treasury shares acquired based on the resolution of the Board of Directors held on February 1, 2022.

March 31, 2022

(Reference)

1. Details of the resolution at the meeting of the Board of Directors held on February 1, 2022 concerning the acquisition of treasury shares

(1)	Class of shares to be acquired:	Common stock of the Company
(2)	Total number of shares to be acquired:	400,000 shares (maximum)
		(Ratio to the total number of issued shares excluding
		treasury shares: 0.88%)
(3)	Total acquisition price of shares to be acquired: ¥1,000,000,000 (maximum)
(4)	Acquisition period:	From February 2, 2022 to March 24, 2022
(5)	Method of acquisition:	Market purchase on the Tokyo Stock Exchange
		(Discretionary trading by securities company)

2. Total number and total acquisition price of treasury shares acquired since February 2, 2022 based on the above Board of Directors' resolution

(1)	Total number of shares acquired:	371,900 shares
(2)	Total acquisition price of shares acquired:	¥999,828,600

3. Details of the resolution at the meeting of the Board of Directors held on February 1, 2022 concerning the cancellation of treasury shares

(1) Class of shares to be cancelled:

(2) Number of shares to be cancelled:

(3) Scheduled date of cancellation:

4. Status of shares after the cancellation
Total number of issued shares after the cancellation:	49,072,632 shares
Number of treasury shares after the cancellation:	4,002,622 shares

• The number of treasury shares after the cancellation is the number of shares obtained by subtracting the number of shares to be canceled above from the number of treasury shares as of February 28, 2022.

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