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Notification of Stock Repurchase

(Stock Repurchase in accordance with the paragraph 2 of Article 165 of the Companies Act of Japan)

Dec. 16, 2021


Main Contents

At the meeting of the Board of Directors held on December 16, 2021, Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President & CEO: Kenichi Hori) resolved to repurchase its stock in accordance with Article 156 of the Companies Act of Japan, as applied pursuant to paragraph 3 of Article 165 of the Companies Act of Japan. Details of the repurchase are as follows:

1. Purpose of stock repurchase

To enhance shareholder return and to improve capital efficiency.

2. Details of repurchase

(1) Class of share Common stock of Mitsui
(2) Total number of shares of common stock to be repurchased Up to 30,000,000 shares
(1.8% of the total number of shares of common stock outstanding excluding treasury stock)
(3) Total amount Up to 50,000,000,000 yen
(4) Period From December 17, 2021 to March 24, 2022
(5) Repurchase method Auction market on Tokyo Stock Exchange

[Reference]

Status of treasury stock as of October 31, 2021
Number of outstanding shares excluding treasury stock: 1,621,932,449
Number of shares of treasury stock: 20,423,195

(Note)The number of shares of treasury stock above does not include 3,862,326 shares held by the ESOP trust.

Information

For inquiries on this matter, please contact

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