ORIX : Inside Information / Ad Hoc Information

ORIX to Issue Unsecured Debt Securities Denominated in U.S. Dollars

TOKYO, Japan - April 7, 2022 - ORIX Corporation ("ORIX") announced today its decision to issue unsecured senior debt securities denominated in U.S. dollars under the terms and conditions outlined below.

This offshore debt funding will be conducted by ORIX pursuant to a shelf registration statement filed on Form F-3 with the U.S. Securities and Exchange Commission ("SEC") as part of its strategy to secure funding flexibility and diversification of funding sources. ORIX will raise funds from overseas investors.

10 year notes

Total amount of notes	USD $500,000,000
Interest rate	4.00% per annum
Issue price	99.674% of the principal amount
Payment date	April 13, 2022
Maturity	April 13, 2032

Contact Information:

Investor Relations and Sustainability Department ORIX Corporation

Tel: [phone]

About ORIX:

ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.

Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 28 countries and regions across the world.

Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website:https://www.orix.co.jp/grp/en/

(As of September 30, 2021)

Caution Concerning Forward Looking Statements:

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "(4) Risk Factors" of the "1. Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2020 -March 31, 2021" furnished on Form 6-K.

This material does not constitute an offer for sale, or a solicitation for purchase, of any securities. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of our securities to be made in the United States will be made by means of a prospectus that may be obtained from us and that will contain detailed information about us and our management, as well as our financial statements. A registration statement (including a prospectus, No. 333-239720) to which this communication relates has been filed with the SEC and is effective. No offer or sale of our securities shall take place in Japan.