• 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 2024

• Based on our shareholder return policy above, we will set a minimum dividend of 22 yen per share
• Implementing share buyback - upper limit of 150 million shares or 50.0 billion yen

The ENEOS Group implemented:

1. 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. 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. 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. 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)

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

• *includes special dividend of 9.5 yen

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