Mitsubishi Estate Co., Ltd. (hereafter the 'Company') announced the status of repurchase its own shares under Article 156 which is applicable in accordance with Article 165, Paragraph 3 of the Companies Act. Details are as follows.

(1) Class of shares repurchased Common shares (2) Total number of shares repurchased 1,639,100 shares (3) Total amount of repurchase price 2,598,594,300 yen (4) Period of repurchase From December 1, 2021 to December 31, 2021 (5) Method of repurchase Open market purchase on the Tokyo Stock Exchang

1. Details of resolution at the board of directors meeting held on April 8, 2021 (1) Class of shares to be repurchased Common shares (2) Total number of shares to be repurchased 22,000,000 shares (Maximum) (1.64% of outstanding shares (excluding treasury stock)) (3) Total amount of repurchase price 30billion yen (Maximum) (4) Period of repurchase From April 9, 2021 to March 31, 2022 (5) Method of repurchase Open market purchase on the Tokyo Stock Exchange

2. The total number of shares repurchased and total amount of repurchase price accumulated after the date of resolution at the board of directors meeting held on April 8, 2021 (as of December 31, 2021) Total number of shares repurchased 11,565,600 shares Total amount of repurchase price 19,999,875,500 yen

Contact:

Motohiro Sato

General Manager

Corporate Communications Department

Telephone: +81-3-3287-5200

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