This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between the English translation and the Japanese original, the original version shall prevail.

November 11, 2021

Company name : Kumagai Gumi Co., Ltd.

Representative : Yasunori Sakurano, President

Securities code : 1861

Stock exchange listings : Tokyo Stock Exchange, 1st Section

Notice Regarding Acquisition of Own Shares

  • Acquisition of Own share according to the articles of incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan

Kumagai Gumi Co., Ltd. at the meeting of the Board of Directors held today, decided on a policy to acquire own shares totaling 10 billion yen during the current medium-term management plan periodFY2021-2023, and based on this policy, resolved matters related to acquisition of its own shares in accordance with Article 156 of the Companies Act, applicable pursuant to Article 165, 3 of the said Act, in the current fiscal year.

We hereby inform you of the following.

1Reason for Acquisition of Own Shares

2Details of the Acquisition

1) Type of shares to be acquired:

2Total number of shares to be acquired:

3Total amount of acquisition price:

4Period of acquisition::

5Method of acquisition:

To enhance shareholder return and to improve capital efficiency

Shares of Common stock

1,800,000 shares maximum

3.9 of the total number of shares outstanding excluding treasury shares))

4 billion yen maximum

November 29, 2021 to March 31, 2022

Market purchases on the Tokyo Stock Exchange

Reference Status of holdings of own shares as of October 31, 2021

Total number of shares outstanding excluding treasury shares:

46,750,082 shares

Number of treasury shares:

55,578 shares

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Kumagai Gumi Co. Ltd. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 06:26:28 UTC.