Suzuki Motor : Notice Regarding Adjustment of Conversion Price for Zero Coupon Convertible Bonds due 2023

(This document is an English translation of the original Japanese document. If there are any discrepancies between this document and the original Japanese document, the original Japanese document prevails.)

	29 June, 2022
To whom it may concern:
Company name:	SUZUKI MOTOR CORPORATION
Representative:	Toshihiro Suzuki, President
	(Code No.: 7269, the Prime Market)
Contact person:	Toshiya Miki, General Manager
	Corporate Strategy Department
	Corporate Planning Office
Tel:	[phone]

Notice Regarding Adjustment of Conversion Price for

Zero Coupon Convertible Bonds due 2023

SUZUKI MOTOR CORPORATION hereby announces the adjustment of conversion price for the Zero Coupon Convertible Bonds due 2023 (the "Bonds").

1.	Adjustment of Conversion Price
		Name of issue	Conversion price	Conversion price
		prior to the adjustment	after the adjustment
		Zero Coupon Convertible
		Bonds	¥3,954.4	¥3,915.5
		due 2023
2.	Effective date

As of 1 April, 2022

3. Reason for the Adjustment

Adjustment of Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the Extraordinary Dividend (as defined in such Condition 5.2.4) resulting from payment of a year-end dividend of ¥46 per Share (¥91 per Share for the relevant Annual Fiscal Period (as defined in the terms and conditions of the Bonds)). The payment of such dividend was approved at the 156th Ordinary General Meeting of Shareholders on 29 June, 2022.

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End