Nomura Real Estate : Announcement of Dividend of Retained Earnings

April 26, 2022

1-26-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo

Nomura Real Estate Holdings, Inc.

Representative: Eiji Kutsukake, President and Representative Director (Stock code: 3231, TSE Prime Market)

Contact: Hidehiro Sasaki, General Manager Corporate Communications Dept.

Tel: [phone]

Announcement of Dividend of Retained Earnings

Nomura Real Estate Holdings, Inc. (the "Company") hereby announced that the Company resolved at the meeting of the Board of Directors held on April 26, 2022, to pay a dividend of retained earnings for the date of record on March 31, 2022 as follows.

1. Details of the dividend

Amount of dividend resolved (Fiscal year ended March 31, 2022)	Latest dividend forecast (announced on January 27, 2022)	Amount of dividend paid (Fiscal year ended March 31, 2021)
Dividend record date	March 31, 2022	March 31, 2022	March 31, 2021
Dividend per share	¥55.00	¥47.50	¥42.50
Total amount of dividends	¥9,923 million	-	¥7,759 million
Effective date	June 6, 2022	-	June 4, 2021
Dividend resource	Retained earnings	-	Retained earnings

2. Reason for the dividend amount

The Company decided to increase the fiscal year-end dividend per share to 55.00 yen, up 7.50 yen from the latest dividend forecast. This was mainly because the Company took into account the consolidated financial results for the fiscal year ended March 31, 2022 announced today, and the future management environment. As a result, the annual dividend per share for the fiscal year ended March 31, 2022 is 97.50 yen, combined with the 2nd quarter-end dividend already paid.

(Reference) Breakdown of the annual dividend

Dividend per share
2nd quarter-end	Fiscal year-end	Total
Fiscal year ended March 31, 2022(Actual)	¥42.50	¥55.00	¥97.50
Fiscal year ended March 31, 2021(Actual)	¥40.00	¥42.50	¥82.50