Mitsubishi UFJ Financial : Notice Regarding Progress and Completion of Repurchase and Cancellation of Common Stock

Mitsubishi UFJ Financial Group, Inc. (MUFG)

Notice Regarding Progress and Completion of Repurchase and

Cancellation of Common Stock

(Repurchase of common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act, in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and MUFG's Articles of Incorporation, and cancellation of a portion of treasury stock pursuant to the provisions of Article 178 of the Companies Act)

Tokyo, October 28, 2022 --- MUFG today announced the progress on repurchase of its common stock pursuant to the provisions of Article 156, Paragraph 1 of the Companies Act of Japan and in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act and Article 44 of the Articles of Incorporation of MUFG. The repurchase of common stock pursuant to the resolution of the meeting of the Board of Directors held on May 16, 2022 has completed as a result of the following repurchase.

All treasury shares repurchased based on the resolution will be cancelled pursuant to the provision of Article 178 of the Company Act.

1. Progress on Repurchase of Common Stock

(1)	Stock repurchased	MUFG common stock
(2)	Aggregate shares	91,628,300 shares
	repurchased
(3)	Aggregate amount of	¥ 61,352,539,787
	repurchase price
(4)	Repurchase period	From October 1, 2022 to October 28, 2022
(5)	Repurchase method	Market purchases on the Tokyo Stock Exchange
2. Cancellation of Common Stock
(1)	Stock to be cancelled	MUFG common stock
(2)	Aggregate shares to be	418,926,300 shares
	cancelled
(3)	Cancellation date	November 30, 2022

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(Reference)

1. Outline of the resolution with respect to repurchase of common stock at a meeting of Board of Directors held on May 16, 2022

(1)	Stock to be repurchased	MUFG common stock
(2)	Aggregate shares to be	Up to 600,000,000 shares (4.7% of total shares
	repurchased	outstanding excluding treasury stock)
(3)	Aggregate amount of	Up to ¥300,000,000,000
	repurchase price
(4)	Repurchase period	From May 17, 2022 to November 11, 2022
(5)	Repurchase method	Market purchases on the Tokyo Stock Exchange

1. Cumulative progress on stock repurchase until October 28, 2022 pursuant to the above resolution

(1)	Accumulated shares	418,926,300 shares
	repurchased
(2)	Accumulated amount of	¥ 299,999,909,768
	repurchase price

1. Outline of the resolution with respect to cancellation of common stock at a meeting of Board of Directors held on May 16, 2022

(1)	Stock to be cancelled	MUFG common stock
(2)	Aggregate shares to be	All treasury shares repurchased based on
	cancelled	Section i above
(3)	Cancellation date	November 30, 2022

iv.	Treasury Stock as of September 30, 2022
	Total shares outstanding (excluding treasury stock)	12,320,727,114 shares
	Treasury stock	961,268,006 shares
	- End -

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About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

This notice contains forward-looking statements regarding estimates, forecasts, etc. in relation to the results of operations, financial conditions and other general management of MUFG and/or the group as a whole (the "forward-looking statements"). The forward-looking statements are made based upon, among other things, MUFG's current estimates, perceptions and evaluations. In addition, in order for MUFG to adopt such estimates, forecasts, etc. regarding future events, certain assumptions have been made. Accordingly, the statements and assumptions are inherently not guarantees of future performance and may result in inaccuracy from an objective point of view and in material differences from actual results. There exist a number of factors that might lead to uncertainties and risks. For the main matters that may be currently forecast, please see the most recent Financial Highlights, the Annual Securities Report, Disclosure Book, Annual Report, and other disclosures that MUFG has announced.

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