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Japanese translation

Mitsui's business update on Ukraine situation

Mar. 4, 2022

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Mitsui is deeply concerned about the situation in Ukraine and hopes for peaceful resolution to the conflict as quickly as possible.

We are complying with related international sanctions imposed on Russia and we are closely following developments. With respect to our energy business in Russia, we remain in discussions with relevant stakeholders, including the Japanese government and business partners, regarding possible future courses of action, while taking into account energy supply needs.

There will be no change in the yearly forecast for the year ending March 2022 as well as our shareholder returns policy from that announced on February 3, 2022.

<Reference> Investments, Loans and Guarantees (As of December 31, 2021)

(1) Investments, Loans and Guarantees (Total Exposure)	Approx. 8.7 trillion yen
(2) Investments, Loans and Guarantees (Russia)	Approx. 460 billion yen
(3) Out of above, toward LNG business in Russia	Approx. 430 billion yen

This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

The information contained in this release is true and accurate at the time of publication; however, it may be subject to change without prior notice.

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For inquiries on this matter, please contact

Mitsui & Co., Ltd. Investor Relations Division: Contact form

Mitsui & Co., Ltd. Corporate Communications Division Telephone: +81-80-5912-0321 Facsimile: +81-3-3285-9819: Contact form

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