Notice Regarding Licensing of Thailand Business

May 28, 2020

This document is an English translation of a statement written initially in Japanese.

The Japanese original should be considered as the primary version.

FamilyMart Co., Ltd.

(Code No. 8028, Tokyo Stock Exchange, 1st Section)

Representative Director and President: Takashi Sawada

FamilyMart Co., Ltd. (the “Company”; head office: Minato-ku, Tokyo; Representative Director and President: Takashi Sawada), has been operating its convenience store business (“CVS business”) in Thailand through Central FamilyMart Co., Ltd. (“CFM”; head office: Bangkok; Representative Director and President: Alistair Taylor), an equity-method affiliate in which the Company has a 49% stake. The Company announces its decision to transfer shares of CFM to Central Food Retail Company Limited (“CFR”), a wholly owned subsidiary of Central Retail Corporation Limited (“CRC”), a business partner of the Company.

As a result of this licensing, CFM will cease to be an equity-method affiliate of the Company. However, the FamilyMart brand’s CVS business in Thailand will continue to operate through CFM.

1. Overview of Thailand Business

The Company opened its first store in Thailand in 1993, and has since expanded its store network in the country. In 2012, the CRC Group, the largest retail company in Thailand, became a business partner with a 51% stake of the Company’s Thailand business. Since then, the Thailand business has been operating as a subsidiary of CRC.

Meanwhile, the operating environment of the CVS business has been undergoing significant changes, namely the growth of e-commerce and delivery services. In light of this situation, the pursuit of optimal CVS operating formats, customer service, and product development catered to the needs of each country and region is becoming critical to the growth of the business.

Under such circumstances, the Company determined that developing its business by tailoring it to local customers through its licensed business and taking full advantage of the CRC Group’s management resources was the best course of action to take in order to further enhance the profile of the FamilyMart brand in Thailand. This decision prompted the Company to transfer its shares of CFM to CFR. As a convenience store that originated in Japan, the Company will maintain its full support of CFM going forward so that it can provide customers with unrivaled products and services and continue to grow the FamilyMart brand in Thailand.

4. Impact on Operating Results

In regard to the Company’s consolidated operating performance, this transaction is projected to have an estimated \4.5 billion impact on profit, net of taxes, and this has been reflected on the consolidated performance forecast for fiscal 2020 (the year ending February 28, 2021) announced on April 13, 2020.

5. Schedule

Date of share purchase agreement and transfer: May 27, 2020 (Wednesday)

The Company will pursue the expansion of its overseas business by ascertaining laws and regulations, market scale, operating environment, and other factors in Thailand as well as every other country and region where it operates and by enhancing the reputation of its regionally centered “FamilyMart Quality.”