Dividend and Share Buyback

• Returning profits to shareholders continues to be an important management issue.

• With the basic policy of implementing returns reflecting medium-term consolidated performance and forecasts, strive to continue to provide stable dividends.

• On average over the three-year period, 50% or more of net income, excluding the impact of inventory valuation effects, will be returned through dividends and share buybacks.

• In consideration of the continuation of stable dividends, we will set a minimum dividend of 22 yen per share.

For the year to March 2025

• Considering in-line progress of Third Medium-Term Management Plan, determined a dividend per share of 26.0 yen in FY2024

• Inplementing share buyback-upper limit of 250.0 billion yen in the cumulative period from FY 2023 to 2024

1）for FY 2017, buy back shares of 30.0 billion yen (41 million shares, repurchased in Apr. to Sep. in 2018 and disposed on Nov. 7)

2）for FY 2018, buy back shares of 30.0 billion yen (56 million shares, repurchased in Feb. to Apr. in 2019 and disposed on Jul. 9)

3）for FY 2019, buy back shares of 48.9 billion yen (100 million shares, repurchased in May. to Oct. in 2019 and disposed on Nov. 8)

4）for FY 2022, buy back shares of 100.0 billion yen (197 million shares, repurchased in May. to Nov. in 2022 and disposed on Feb. 14)

5）for FY 2023-2024, buy back shares with an upper limit of 250.0 billion yen from February 13, 2024 to May 14, 2024, and from May 16, 2014 to March 31, 2025,to be disposed in April 2025

• JXTG Holdings changed the trade name to "ENEOS Holdings" (June 25, 2020)

• includes special dividend of 9.5 yen

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