December 15, 2021

FOR IMMEDIATE RELEASE

Contact: IR Section

Global Management Promotion Dept.

2-47, Shikitsuhigashi 1-chome,

Naniwa-ku, Osaka 556-8601, Japan

Phone: +81-6-6648-2645

Notice of the status on a program of purchasing own shares

(Pursuant to Article 165, Paragraph 2 of the Corporate Law of Japan)

Kubota Corporation (hereinafter the "Company") has announced the status on a program of purchasing own shares pursuant to Article 156 of the Corporate Law of Japan after applying the regulations of Article 165 Paragraph 3 of said law. The program of purchasing its own shares established at the Meeting of Board of Directors held on April 20

• 2021 has completed.

(Reference)

1. Details of the resolution at the Meeting of Board of Directors on April 20, 2021:

< Cautionary Statements with Respect to Forward-Looking Statements >

This document may contain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation: general economic conditions in the Company's markets, particularly government agricultural policies, levels of capital expenditures, both in public and private sectors, foreign currency exchange rates, the occurrence of natural disasters, continued competitive pricing pressures in the marketplace, as well as the Company's ability to continue to gain acceptance of its products.

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