Mitsui Fudosan Co., Ltd. announced that the company has resolved at the board of directors' meeting held on May 10, 2024, to pay the following dividends. Details are provided as follows: Record date is March 31, 2024. Dividend per share is ¥49.00.

Total dividend is ¥45,768 million. Effective date is June 28, 2024. Amount of dividend paid for the fiscal year ended March 31, 2023 of ¥32.00 per share.

Reasons: Based on the company's shareholder return policy and the consolidated financial results for the fiscal year ended March 31, 2024, the company has decided to increase the fiscal year-end dividend per share to ¥84.00, ¥2.00 higher than the latest dividend forecast. This is an upward revision of ¥16.00 from the initial forecast (announced on May 10, 2023). Accordingly, the year-end dividend forecast was also revised upward by ¥2.00 from ¥47.00 to ¥49.00.

The resolution is subject To Approve the Annual Meeting of Shareholders held on June 27, 2024.