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Japanese translation

Mitsui to Acquire Additional Shares of MOECO

Oct. 27, 2021

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Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) announced that on October 27, 2021, it was successfully awarded as a selected bidder in the Public Tender of Ministry of Economy, Trade and Industry (“METI”) of Japan, regarding Sale of its Mitsui Oil Exploration Co., Ltd. (“MOECO”) shares (20.03%). After acquisition of such shares, Mitsui will own 94.29% of MOECO shares. Details will be announced following coordination and confirmation with METI.

This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Semi-annual Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

The information contained in this release is true and accurate at the time of publication; however, it may be subject to change without prior notice.

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For inquiries on this matter, please contact

Mitsui & Co., Ltd. Investor Relations Division: Contact form

Mitsui & Co., Ltd. Corporate Communications Division Telephone: +81-80-5912-0321 Facsimile: +81-3-3285-9819: Contact form

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Mitsui to Acquire Additional Shares of MOECO

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Information

For inquiries on this matter, please contact