Japan Post : Notice Concerning the Determination of Matters Related to the Acquisition of Treasury Stock (Acquisition of Treasury Stock Based on the Articles of Incorporation Complying with Article 459, Paragraph 1 of the Companies Act) (Update of Disclosure)

UNOFFICIAL TRANSLATION

Although the Company pays close attention to provide English translation of the information disclosed in Japanese, the Japanese original prevails over its English translation in the case of any discrepancy.

	October 25, 2021
Company name:	Japan Post Holdings Co., Ltd.
Representative:	MASUDA Hiroya
	Director and Representative Executive Officer,
	President & CEO
	(Code number: 6178, First Section of the
	Tokyo Stock Exchange)
Contact:	IR Office (Phone: [phone])

Notice Concerning the Determination of Matters Related to the Acquisition of Treasury Stock

(Acquisition of Treasury Stock Based on the Articles of Incorporation

Complying with Article 459, Paragraph 1 of the Companies Act) (Update of Disclosure)

Japan Post Holdings Co., Ltd. (the "Company") hereby announces that concerning the acquisition of treasury stock announced on October 6, 2021, the acquisition period was determined today, as described below.

Acquisition period: From Monday, November 1, 2021 through Thursday, April 28, 2022

(Note) The acquisition period was decided upon today's determination of the offer price and other matters for the offering of common stock of the Company resolved at the Board of Directors meeting held on October 6, 2021 (the "Offering").

(Reference) Details of matters related to the acquisition resolved at the Board of Directors meeting held on October 6, 2021

1. Class of shares to be acquired: Common stock of the Company
2. Total number of shares to be acquired: 133,000,000 shares (at maximum)

(The ratio of the total number of shares to be acquired to the total number of shares issued (excluding treasury stock): 3.5%)

1. Total amount of shares to be acquired: 100 billion yen (at maximum)
2. Acquisition period: From the business day immediately following the delivery date for the Offering (i.e., from the fifth business day following the pricing date, which falls on any day in the period from Monday, October 25, 2021 through Wednesday, October 27, 2021) through Thursday, April 28, 2022
3. Method of acquisition: Market purchases in accordance with discretionary transaction contract with respect to acquisition of treasury stock

(Note) All or a part of the acquisition may not be made depending on the market trends, etc.

Note:

This document is a press release for public announcement and has not been prepared for the purpose of soliciting investments or other conduct of similar nature whether in Japan or overseas. With respect to investments in Japan, investors are advised to do so based on their sole judgement after reviewing the Prospectus on the Offering of Shares and amendments thereto, if any, prepared by the Company. This press release does not constitute an offer or sale of securities in the United States. The Company's common stock has not been and will not be registered under the United States Securities Act of 1933 (the "Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Act. The Company's common stock will not be publicly offered or sold in the United States.