Disclaimer: This document is an English translation of the Japanese original which is filed with the Tokyo Stock Exchange and is only for reference purposes. In case of any discrepancy between this translation and the Japanese original, the latter shall prevail.

March 29, 2022

To Whom It May Concern

Company name:

HAZAMA ANDO CORPORATION

Representative:

Representative Director and President Masato Fukutomi

Tokyo Stock Exchange First Section securities code: 1719

Contact:

General Manager, Toshihisa Kino

Corporate Communications Department

Phone: +81-3-6234-3699

Notice Regarding the Purchase of Own Shares

(Purchase of own shares pursuant to the Company's Articles of Incorporation based on the provisions of Article 459, paragraph 1 of the Companies Act of Japan)

HAZAMA ANDO CORPORATION hereby announces that it resolved to purchase its own shares pursuant to the Company's Articles of Incorporation based on the provision of Article 459, paragraph 1 of the Companies Act of Japan, at a meeting of its Board of Directors held today. Brief details are provided as follows.

  • 1. Reasons for the purchase of own shares

    To accelerate the improvement of capital efficiency and further augment the return of profits to shareholders as announced on November 11, 2021 in the "Notice Regarding Expansion of the Company's Shareholder Return Policy under the Medium-Term Management Plan."

  • 2. Details of matters pertaining to the purchase of own shares

    • (1) Class of shares to be purchased Common stock of the Company

    • (2) Total number of shares to be purchased 17,000 thousand shares (maximum)

(9.97% of total shares issued and outstanding (excluding treasury stock))

(3) Total amount of purchase cost

10 billion yen (maximum)

(4) Period of purchase

April 1, 2022 to March 31, 2023

(5) Method of purchase

Purchase in the open market based on discretionary trading

contracts

(Reference) Number of treasury stock held as of February 28, 2022

Total number of shares issued and outstanding (excluding treasury stock) Number of treasury stock

170,451,089 shares 10,570,108 shares

※Note: The number of treasury stock is stated inclusive of 639,519 shares of the Company owned by the officer compensation BIP trust.

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Hazama Ando Corp. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 05:03:13 UTC.