February 27, 2020

Company Name: PARCO CO., LTD.

As PARCO CO., LTD.(the “Company”) announced in “Announcement Concerning Results of the Tender Offer forOur Shares by J. ベラ ジョン カジノ 大当たりETAILING Co., Ltd.,aControlling Shareholder” dated February 18, 2020, J. ベラ ジョン カジノ 大当たりETAILING Co., Ltd. (“J. ベラ ジョン カジノ 大当たりETAILING”) conducted a tender offer for the Company’s common shares (the “CompanyShares”) from December 27, 2019 (the “Tender Offer”), and, as a result, J. ベラ ジョン カジノ 大当たりETAILINGcame to own 97,837,574shares of the CompanyShares (Voting Rights Ownership Ratio : 96.43%) as of February 25, 2020, which is the commencement date of the settlement regarding the Tender Offer, and became a special controlling shareholderof the Company(the “Special Controlling Shareholder”) as defined in the Companies Act (Act No. 86 of 2005, as amended; hereinafter the same applies).

As a result of the completion of the Tender Offer,J. ベラ ジョン カジノ 大当たりETAILINGcame to own 90% or more of the voting rights of all shareholders of the Company;and therefore, J. ベラ ジョン カジノ 大当たりETAILINGdecided to demand that all shareholders of the Company(excluding J. ベラ ジョン カジノ 大当たりETAILINGand the Company; “Shareholders Subject to Cash-Out”) sell all of their CompanyShares (“Shares Subject to Cash-Out”) to J. ベラ ジョン カジノ 大当たりETAILING(the “Demand for Share Cash-Out”) under Article 179, Paragraph 1 of the Companies Act as part of the transactionsintended to make the Companya wholly-owned subsidiary of J. ベラ ジョン カジノ 大当たりETAILINGby acquiring all of the CompanyShares (excluding those ownedby J. ベラ ジョン カジノ 大当たりETAILINGand the treasury shares held by the Company) (the “Transactions”) as stated in “(5) Policy onOrganizational Restructuring, Etc. after Tender Offer (Matters Relating to So-called “Two-Step Acquisition”)” in “3. Details of and Grounds and Reasons for Opinion ConcerningTender Offer” of“Announcement of Opinion in Support of Tender Offer for Our Shares to be Conducted by J. ベラ ジョン カジノ 大当たりETAILING Co., Ltd., a Controlling Shareholder, and Recommendation for Our Shareholders to Tender Their Shares in Tender Offer” by the Companyon December26, 2019 (the “Opinion Press Release”). The Company, as of today,receiveda notice to such effectfrom J. ベラ ジョン カジノ 大当たりETAILING.The Company hereby announces that, upon receiving such notice, it resolved at its Board of Directors meeting held today to approve the Demand for Share Cash-Outas detailed below.

In addition, ベラ ジョン カジノ 大当たりpany Shares have fallenunder the delisting criteriaofthe Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”) upon the approval of the Demand for Share Cash-Out. Accordingly, the 2Company Shares will be designated as stock to be delisted for the period from today through March 17, 2020, and they will be delisted on March 18, 2020. Please note that,after the delisting, ベラ ジョン カジノ 大当たりpany Shares will no longer be able to be traded on the Tokyo Stock Exchange.

＊Please see the details in the attachment.