Resona : Notice of Decision on Share Acquisition that falls under the “Buying Up”

September 15, 2021

To whom it may concern

Company Name Resona Holdings, Inc.

Director, President and Representative

Representative	Executive Officer Masahiro Minami
(Code 8308 1st section of Tokyo Stock Exchange)

Notice of Decision on Share Acquisition that falls under the "Buying Up"

Resona Holdings, Inc. (President: Masahiro Minami; hereinafter "Resona HD") , hereby

announces that its subsidiary, Resona Bank, Limited (President: Shoichi Iwanaga,) has resolved to acquire the shares of Diamond Electric Holdings Co., Ltd. ("DEH") as described in the table below, in a capacity of trustee of the DEH's share benefit trust for its officers and the share benefit trust for its employees, released by DEH on May 24, 2021 and August 30, 2021 (hereinafter collectively referred to as the "Trusts").

It is hereby notified that as this acquisition constitutes not less than 5% on a voting rights basis, and therefore, corresponds to the "Buying Up" defined in Article 31 of the Order for Enforcement of the Financial Instruments and Exchange Act.

	Securities				Number of	Ratio to the
			Number of	Number of
Securities	Name	Date of	Type of	Acquired
Acquired	Voting Rights
Code	(Company	Acquisition	Shares	Voting
Shares	of All
	name)			Rights
				Shareholders
	Diamond		Shares of	720,000	7,200
	Electric	September 15,
6699	common	voting	9.57%*
Holdings	2021	shares
	stock	rights
	Co., Ltd.

• The ratio to the number of voting rights of all shareholders shows the acquired percentage after Resona Bank has recorded the shares in its trust accounts for the Trusts resulting from DEH's disposal of treasury stocks through a third-party allocation. To be specific, the ratio was calculated by dividing the acquired voting rights (7,200) by the sum of: i) the total number of voting rights as of March 31, 2021 (68,065); and ii) the increased voting rights through the disposal of DEH's treasury stocks (7,200).

End