Mitsubishi Chemical : Notice Regarding Distribution of Dividends from Surplus

May 16, 2018

Company name: Representative:Mitsubishi Chemical Holdings Corporation Hitoshi Ochi

Representative Corporate Executive Officer, President & Chief Executive OfficerContact:

TSE code no.:4188, 1st section Hajime Takasaka

Executive Officer, General Manager,

Tel:

Public Relations and Investor Relations Office [+81] (0)3-6748-7120

Notice Regarding Distribution of Dividends from Surplus

Mitsubishi Chemical Holdings Corporation (MCHC) passed a resolution at its Board of Directors meeting held on May 16, 2018, to distribute dividends from surplus, as of the record date of March 31, 2018. Details are as follows.

1. Details of dividends

2. Reason for the dividend amount

MCHC's basic policy of returning profits to shareholders emphasizes enhancement of shareholder value by increasing the value of the company. Therefore, using 30% of the medium-term level as a guideline for the consolidated dividend payout ratio, MCHC will make stable dividend payments, while maintaining sufficient internal reserves as resources to develop future businesses.

Considering the policies outlined above, along with current circumstances and proposed business development, the year-end dividend per share for the fiscal year ended March 31, 2018, will be ¥17.

Reference: Details of dividends per share through the fiscal year