Notice Regarding Results and Completion of Repurchase of Own Shares

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December 24,2019

KDDI Corporation

KDDI Corporation ("KDDI") hereby announces the results of repurchase own shares pursuit to the provision of Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, Paragraph 3, of that law.
The repurchase of own shares pursuant to the resolution of the meeting of the Board of Directors held on May 15, 2019 has completed as a result of the following repurchase.

(1) Type of shares repurchased Shares of common stock
(2) Total number of shares repurchased 6,067,300 shares
(3) Total amount of repurchase price 19,462,763,500 yen
(4) Repurchase period From December 1, 2019 to December 23, 2019
(on a contract basis)
(5) Repurchase method Market purchases through the Tokyo Stock Exchange

(Reference)

1. Matters resolved at the Board of Directors' meeting on May 15, 2019

(1) Type of shares to be repurchased Shares of common stock
(2) Total number of shares to be repurchased Up to 73,000,000 shares
(Ratio to the shares outstanding: 3.10%)
(3) Total amount of repurchase price Up to 150 billion yen
(4) Repurchase period From May 16, 2019 to December 23, 2019
(5) Repurchase method Market purchases through the Tokyo Stock Exchange

2. Total own shares repurchased in accordance with the resolution at the Board of Directors' meeting on May 15, 2019 (as of December 23, 2019)

(1) Total number of shares repurchased 51,194,000 shares
(2) Total amount of repurchase price 149,999,385,150 yen
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