Notice Regarding Continuation of Share-Based Compensation Plan

Mitsubishi Corporation (the “Company”) hereby announces that the Executive Committee was held today to continue the share-based compensation plan for the employees (the “employee”), introduced in 2019 as an incentive plan for the employee.

Please note that the Company will utilize the residual assets within the already established ESOP trust (Employee Stock Ownership Plan) for the additional acquisition of shares ,therefore, no additional trust will be made from the Company.

Details are as attached below.