Kansai Paint : Notice Concerning the Status of Acquisition of Own Shares

May 2, 2023

To whom it may concern:

Company name: Kansai Paint Co., Ltd

Representative:	MORI Kunishi,
	Representative Director of the Board, President
	(Tokyo Stock Exchange Prime Market, Code No.4613)
Contact:	MASUTANI Yoichi,
	Director, Finance & Accounting Dept.
	Corporate Finance Div.
	(TEL: [phone])

Notice Concerning the Status of Acquisition of Own Shares

(Acquisition of treasury stock pursuant to the provisions of the Articles of Incorporation per Article 165,

Paragraph (2) of the Companies Act)

Kansai Paint Co., Ltd. (the "Company") hereby announces that the status of following matters related to the acquisition of own shares pursuant to the Article 156 of the Companies Act as applied mutatis mutandis to the provisions of Article 165, paragraph (3) of the same Act at a meeting of the Board of Directors held on February 28, 2023.

Details of acquisition

1. Class of shares acquired

Common shares

2. Total number of shares acquired 1,084,100 shares

1. Total acquisition cost of the shares
2. Acquisition period

5. Method of share acquisition

¥1,998,601,000

From April 1, 2023 to April 30, 2023

Market purchase on the Tokyo Stock Exchange

(Reference)

1. Details of resolution approved at the Board of Directors' meeting held on February 28, 2023

1. Class of shares to be acquired
2. Total number of shares to be acquired
3. Total amount of share acquisition costs
4. Acquisition period
5. Method of share acquisition

Common shares

8,200,000 shares (maximum);

(3.50% of total number of issued shares (excluding treasury shares))

12 billion yen (maximum)

From March 16, 2023 to March 15, 2024

Market purchase on the Tokyo Stock Exchange

2. Total number and cost of shares acquired pursuant to the above resolution (As of April 30, 2023)

1. Total number of shares acquired2,805,200 shares
2. Total acquisition cost of the ¥4,981,669,400

shares