Mitsubishi Corporation (MC) announced today that it will be selling a portion of its common shares in Mitsubishi Shokuhin Co., Ltd. (MSK) back to MSK in response to today's decision by the latter's board of directors to extend a tender offer. Details on the tender-offer agreement between MSK and MC are outlined below.

Shares to be tendered Common shares of MSK: 13,600,000 shares

Tender offer price JPY 2,592 per share

Tender offer period May 28, 2021 to June 24, 2021

Start date of settlement July 16, 2021

Inquiry Recipient

Mitsubishi Corporation

Telephone:+81-3-3210-2171 / Facsimile:+81-3-5252-7705

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