Toyota Motor Corporation Repurchase of Shares of our Common Stock (9996E)

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RNS Number : 9996E

Toyota Motor Corporation

02 November 2022

[Reference Translation]

November 2, 2022

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

Prime of Tokyo Stock Exchange and

Premier of Nagoya Stock Exchange)

Name and Title of Contact Person:

Masayoshi Hachisuka, General Manager,

Capital Strategy & Affiliated Companies Finance Div. (Telephone Number: 0565-28-2121)

Notice Concerning the Status and Completion of the Repurchase of Shares

of our Common Stock

(Repurchase of Shares under our Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

We hereby inform you of the repurchase of shares (Repurchase of shares in order to promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as the price level of its common stock) conducted in November pursuant to Article 156 of the Companies Act of Japan (the "Companies Act") as applied pursuant to Article 165, Paragraph 3 of the Companies Act, concerning which repurchase notification was given on May 11 , 2022 and September 21, 2022 , as follows:

We also inform you that the portion of the repurchase of shares pursuant to the resolution at a meeting of the board of directors held on May 11 , 2022 and September 21, 2022, has been completed.

   1. Class of shares repurchased:                 Common stock of Toyota Motor Corporation ("TMC") 
   2. Total number of shares repurchased:     0 shares 
   3. Total purchase price:                               0 JPY 
   4. Period of repurchase:                               November 1, 2022 

(Reference)

I. Repurchase of shares resolved at a meeting of the board of directors held on May 11 , 2022 and September 21, 2022 (Repurchase of shares in order to promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock)

            (1)  Class of shares to be repurchased          Common shares of TMC 

(2) Total number of shares to be repurchased

140 million shares (maximum)

(3) Total purchase price for repurchase of shares

200 billion JPY (maximum)

            (4)  Period of repurchase                                 From June 17, 2022 to November 1, 2022 

II. Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of November 1, 2022 )

   (1)   Total number of shares repurchased:                  90,270,600 shares 
   (2)   Total purchase price for repurchased shares:     185,684,676,616 JPY 

TMC has set aside 100 billion yen out of the total purchase price of 200 billion yen to enable more flexible repurchase of shares of its common stock than before. The total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors using such 100 billion yen set aside is as follows:

   (1)  Total number of shares repurchased:                    43,214,400 shares 
   (2)  Total purchase price for repurchased shares:         85,684,713,043 JPY 

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November 02, 2022 04:00 ET (08:00 GMT)