Suntory Beverage & Food : Notice of Dividend of Surplus

	February 14, 2022
Company name:	Suntory Beverage & Food Limited
Shares listed:	First Section, Tokyo Stock Exchange
Securities code:	2587
Representative:	Kazuhiro Saito, Chief Executive Officer
Inquiries:	Finance Department, Corporate Strategy Division
	TEL: [phone] (from overseas)

Notice of Dividend of Surplus

Suntory Beverage & Food Limited (Company) hereby announces that it has resolved at its meeting of the Board of Directors held today to propose the payment of a dividend of surplus with the record date being December 31, 2021 at the 13th Ordinary General Meeting of Shareholders scheduled on March 25th, 2022 as described below.

１．Details of Dividends

		Latest forecast for	Actual in the previous
	Amount decided	fiscal year
	dividend
		（end Dec 31, 2020）
Record date	December 31, 2021	December 31, 2021	December 31, 2021
Dividend per share	JPY 39.00	JPY 39.00	JPY 39.00
Total dividends	JPY 12,050 million	－	JPY 12,050 million
Effective date	March 28, 2022	－	March 30, 2021
Dividend resource	Accumulated profit	－	Accumulated profit

2．Reasons

The Company believes its prioritization of strategic investments as well as capital expenditures for sustainable revenue growth and increasing the value of its business will benefit its shareholders. In addition, the Company views an appropriate shareholder return as one of its core management principles. While giving due consideration to providing a stable return and maintaining robust internal reserves for the future, the Company intends to pursue a comprehensive shareholder return policy that also takes into account its business results and future funding needs.

Considering the business results and environment, a year-end dividend for the fiscal year ended December 31, 2021 is planned to be JPY39.00 per share. This is subject to approval at the Ordinary General Meeting of Shareholders scheduled on March 25th, 2022.

（For reference）Breakdown of annual dividends

		Dividends per share
Record date	End of second quarter	End of fiscal year		Total
Fiscal year ended	JPY39.00	JPY39.00		JPY78.00
(December 31, 2021)
Fiscal year ended	JPY39.00	JPY39.00		JPY78.00
(December 31, 2020)