Sojitz : Notice Regarding Share Repurchase of Treasury Stock

Member of the Financial Accounting

Standards Foundation (FASF)

April 30, 2021

Sojitz Corporation

Masayoshi Fujimoto, President & CEO

(TSE Code: 2768; TSE First Section)

For questions, contact:

Yoichi Yanagisawa, PR Dept.

TEL [phone]

Notice Regarding Share Repurchase of Treasury Stock

Sojitz Corporation hereby announces that, at a meeting of its Board of Directors held on April 30, 2021, it has authorized the repurchase of shares of its common stock pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act, as described below.

1. Purpose of the Share Repurchase:

Sojitz Corporation will repurchase its own shares with the aim of allocating a portion of the surplus core cash flow generated over the course of Medium-term Management Plan 2020 to shareholders in tandem with investment for growth.

2. Details of the Share Repurchase:

(1).	Class of shares to be
	repurchased
(2).	Total number of shares to be
	repurchased
(3).	Total purchase price for
	repurchase of shares
(4).	Period of repurchase
(5).	Method of repurchase

Common stock

Up to 50,000,000 shares

(Represents approximetely 4.2% of the total number of outstanding shares (excluding treasury stock))

Up to 15 billion yen

May 1, 2021 to September 30, 2021

Purchase on the Tokyo Stock Exchange

(References)

Amount of Treasury Stock as of March 31, 2021
Total number of outstanding shares (excluding treasury stock):	1,199,095,031shares
Amount of treasury stock:	52,404,470 shares

Note: The Company established the Executive Compensation Board Incentive Plan Trust in the year ended March 31,2021. The trust account associated with this trust holds shares of the Company's stock, which are treated as treasury shares and include 1,547,972 stocks as of March 31, 2021.

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