Tokyo Gas : Notification of Resolution to Acquire of Treasury Shares

Press Release

Company:

Representative:

Contact:

April 28, 2021

Tokyo Gas Co., Ltd.

UCHIDA Takashi,

Representative Director, President

(Securities code: 9531, TSE 1 & NSE 1)

NAKAJIMA Kei, General Affairs

Group Manager

Notification of Resolution to Acquire of Treasury Shares

(Acquisition of treasury shares pursuant to the Articles of Incorporation and the provisions of

Article 165:2 of the Companies Law)

The Board of Directors of Tokyo Gas Co., Ltd. meeting today, resolved to acquire treasury shares pursuant to Article 156 of the Companies Law as applied mutatis mutandis to Article 165:3 of the law.

Details

1. Reason for acquisition of treasury shares:

For return to shareholders based on the Company's shareholder-return policy.

2. Details of acquisition

-Type of stock to be acquired: Tokyo Gas common stock

-Total number of shares to be acquired: 1.7 million (upper limit)

(Rate to number of shares outstanding 0.4％)

-Total value of shares to be acquired: ¥3.3 billion (upper limit)

-Term of acquisition: May 6, 2021- September 30, 2021

[Reference]

Number of outstanding shares as of March 31, 2021

(Including treasury stock) : 442,436,059 shares

Number of treasury stock held as of March 31, 2021 :

1,437,924 shares