Tokio Marine : Announcement regarding progress of the share repurchases (26KB

December 2, 2022

Tokio Marine Holdings, Inc.

President: Satoru Komiya

Securities Code: 8766

Announcement regarding progress of the share repurchases

(Acquisition by the Company of its own shares pursuant to the provision of its Articles of

Incorporation in accordance with Article 165, paragraph 2 of the Companies Act)

Tokio Marine Holdings, Inc. (the "Company") announced that it repurchased its own shares as approved by its board of directors on November 18, 2022 pursuant to Article 156 of the Companies Act, which is applicable in accordance with Article 165, paragraph 3 of the Companies Act. The progress of the share repurchases is as follows.

1. Class of shares repurchased: Common shares of the Company
2. Number of shares repurchased: 3,728,800 shares
3. Aggregate purchase price of the shares: 10,713,842,450 yen
4. Period in which repurchases were made:

From November 21, 2022 through November 30, 2022

(e) Method of repurchases:

Purchased through the Tokyo Stock Exchange

(For reference)

1. Details of the resolution made by the board of directors held on November 18, 2022 are as follows.
   (a) Class of shares to be repurchased: Common shares of the Company
   (b) Aggregate number of shares to be repurchased: Up to 25,000,000 shares
   (Represents approximately 1.2% of the total issued shares excluding treasury shares)
   (c) Aggregate purchase price of the shares: Up to 50 billion yen
   (d) Period in which repurchases may be made:
   From November 21, 2022 through March 24, 2023
2. Details of the share repurchases made by November 30, 2022 as approved by the board of directors on November 18, 2022 are as follows.
   (a) Number of shares repurchased: 3,728,800 shares
   (b) Aggregate purchase price of the shares: 10,713,842,450 yen