Tokio Marine : Announcement regarding share repurchases from the marketPDF

June 28, 2021

Tokio Marine Holdings, Inc.

President: Satoru Komiya

TSE code number: 8766

Announcement regarding share repurchases from the market

(Acquisition by the Company of its own shares pursuant to the provision of its Articles of

Incorporation in accordance with Article 165, paragraph 2 of the Companies Act.)

Tokio Marine Holdings, Inc. (the "Company") announced that on June 28, 2021 its board of directors resolved repurchases of its own shares, pursuant to Article 156 of the Companies Act which is applicable in accordance with Article 165, paragraph 3 of the Companies Act, as detailed below.

1. Reason for the repurchase of shares
   The Company intends to repurchase its own shares in order to implement flexible financial policies.
2. Details of the resolution made on June 28, 2021

(a) Class of shares to be repurchased:

Common stock of the Company.

(b) Aggregate number of shares to be repurchased:

Up to 7,500,000 shares.

(Represents approximately 1.1% of total issued shares excluding treasury shares.)

(c)	Aggregate purchase price of shares:	Up to 30 billion yen.
(d)	Period in which repurchases may be made:
	From July 1, 2021 through August 31, 2021.
(For reference)
Total issued shares as of May 31, 2021(excluding treasury shares):	693,366,251 shares
Number of treasury shares held by the Company as of May 31, 2021:	4,133,749 shares