PayPay reported an initial statement of beneficial ownership for Masamichi Yasuda, Executive Vice President, Co-COO and Corporate Officer. Yasuda beneficially owned 9,600 common shares directly. He also held stock options covering 14,200 common shares with an exercise price of USD 8.15. He also held stock options covering 80,000 common shares with an exercise price of USD 8.15. He also held stock options covering 80,000 common shares with an exercise price of USD 0.01.

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