Mitsubishi Estate updates on ongoing share repurchase program

Mitsubishi Estate Co., Ltd. announced on October 1, 2025, an update on its share repurchase program for September 2025. The company repurchased 4,214,900 common shares for a total of JPY 13,916,449,100 through open market purchases on the Tokyo Stock Exchange between September 1 and September 30, 2025.

The share repurchase program, resolved at a board meeting on May 12, 2025, authorized the repurchase of up to 60,000,000 common shares, representing 4.82% of outstanding shares (excluding treasury stock), with a maximum total value of JPY 100 bn. The period for this program extends from May 13, 2025, to November 12, 2025.

As of September 30, 2025, the cumulative total of shares repurchased since the May 12, 2025, resolution stands at 26,303,800 shares, with a total cost of JPY 75,623,946,050. These repurchases are conducted in accordance with Article 165, Paragraph 2 of the Companies Act.