MS&AD Insurance to execute share buyback via ToSTNeT-3

MS&AD Insurance Group Holdings has announced its intention to purchase its own shares through the Off-Auction Own Share Purchase Trading System (ToSTNeT-3) on July 8, 2025. The company will place an order to buy back a maximum of 12,650,000 shares, representing approximately 0.8% of its outstanding shares, at a price of JPY 3,096 per share, totaling a maximum of JPY 39.164 billion. The buyback is in accordance with Article 165 of the Companies Act of Japan, following a Board of Directors resolution on May 20, 2025, which authorized the purchase of up to 50 million shares for a total of JPY 85 billion between May 21 and December 23, 2025. This ToSTNeT-3 purchase will be followed by open market share purchases through a discretionary dealing contract, up to the limits set by the earlier board resolution, less the amounts used in the ToSTNeT-3 transaction. As of July 7, 2025, the company had not yet purchased any shares under the May 20 resolution.