(3) Aggregate Value of
Repurchases:
(4) Repurchase Period:
(5) Repurchase Method:
150,000,000 shares (maximum limit)
(Ratio of the total number of issued and outstanding shares [excluding treasury stock]: 8.16%)
JPY 180 billion (maximum limit)

April 25, 2024

Fujitsu Limited

Notice Regarding Stock Repurchase

(Repurchases of Shares of the Company's Own Stock in Accordance with the Provisions of Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)

Tokyo, April 25, 2024- Fujitsu Limited (hereinafter "Fujitsu") announces that it has made a resolution at its Board of Directors Meeting held today to repurchase shares of its own stock, pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Fujitsu's articles of incorporation, as follows.

1. Reason for the Repurchase of Our Own Shares

Based on improved financial conditions for fiscal 2023 and fiscal 2024, including increased profits and cash flow, Fujitsu has thoroughly reviewed the future business environment and other factors and will repurchase its own stock to enhance shareholder returns and promote capital efficiency.

2. Details of Matters Concerning the Repurchase

(1) Type of Shares to be Common stock Repurchased:

(2) Total Number of Shares to be Repurchased:

May 1, 2024 - March 31, 2025

Purchase by means of market trades on the Tokyo Stock Exchange (including purchases by means of market trades based on a discretionary investment contract with securities firms and through share repurchases made outside of trading hours [ToSTNet-3])

(Note) Part or all of the above-mentioned repurchases may not be performed depending on rapid changes in business environment, significant increases in demand for funds, insider trading regulations or other factors.

The status of the holding of treasury stock by Fujitsu as of March 31, 2024:

Total number of issued and outstanding shares (including treasury stock):

207,110,845 shares

(2,071,108,450 shares)*

Number of shares held as treasury stock:

23,182,246 shares

(231,822,460 shares)*

*Fujitsu split each share of its common stock into ten shares on April 1, 2024, and the figures in brackets in the above table reflect the effect of the stock split.

Press Contacts:

Fujitsu Limited

Public and Investor Relations Division

Inquiries:https://www.fujitsu.com/global/about/resources/news/presscontacts/form/index.html

About Fujitsu

Fujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.

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Fujitsu Ltd. published this content on 25 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 07:14:24 UTC.