Tokio Marine : Announcement regarding progress of the share repurchasesPDF

February 3, 2021

Tokio Marine Holdings, Inc.

President: Satoru Komiya

TSE code number: 8766

Announcement regarding progress of the share repurchases

(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 it repurchased its own shares as approved by its board of directors on November 19, 2020 pursuant to Article 156 of the Companies Act, which is applicable in accordance with Article 165, paragraph 3 of the Companies Act. The progress of the share repurchases is as follows.

1. Class of shares repurchased: Common shares of the Company
2. Number of shares repurchased: 1,398,600 shares
3. Aggregate purchase price of the shares: 7,595,879,500 yen
4. Period in which repurchases were made:

From January 1, 2021 through January 31, 2021

(e) Method of repurchases:

Purchased through the Tokyo Stock Exchange

(For reference)

1. Details of the resolution made by the board of directors held on November 19, 2020 are as follows.
   (a) Class of shares to be repurchased: Common shares of the Company
   (b) Aggregate number of shares to be repurchased: Up to 6,250,000 shares
   (Represents approximately 0.9% of the total issued shares excluding treasury shares)
   (c) Aggregate purchase price of the shares: Up to 25.6 billion yen
   (d) Period in which repurchases may be made:
   From December 1, 2020 through March 24, 2021
2. Details of the share repurchases made by January 31, 2021 as approved by the board of directors on November 19, 2020 are as follows.
   (a) Number of shares repurchased: 2,685,100 shares
   (b) Aggregate purchase price of the shares: 14,392,160,400 yen