May 10, 2021

Listed Company Name: Sumitomo Metal Mining Co., Ltd.

Code:

5713

Representative:

Akira Nozaki, President and Representative

Director

Contact

Daiji Toyama, Manager, PR & IR

Dept. TEL: +81-3-3436-7705

Revision of FY2020 (96th Term) Dividend Forecast

Sumitomo Metal Mining Co., Ltd. (SMM) has announced that at its meeting held today, the Board of Directors has decided to revise its year-end dividend forecast for the fiscal year ending March 31, 2021. The details are as follows.

1. Reasons behind revision

Based on its profit allocation policy and taking into account the "Consolidated Financial Results for the Year Ended March 31, 2021" announced today, SMM has decided to revise its year-end dividend forecast upward, increasing it by 21 yen, from 78 yen to 99 yen per share.

As a result of this, the year-end dividend projection has been revised from the previous projection and has increased by 21 yen, to 121 yen per share.

2. Details of revision

Dividend per share (JPY)

Q2-end(Interim)

Year-end

Full-year(Annual)

Previous forecast

(released February 8,

78.00

100.00

2021)

Revised forecast

99.00

121.00

Current year result

22.00

Reference:

39.00

39.00

78.00

FY2019(actual)

Note: The above dividend forecast is based on current data available as of the time of this release. Therefore actual dividends may differ from this statement for various factors.

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Sumitomo Metal Mining Co. Ltd. published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 08:23:14 UTC.