[English Translation]

May 19, 2017

Company Name : Sompo Holdings, Inc. Representative : Kengo Sakurada, Group CEO

Representative Director,

President and Executive Officer

(Stock Code: 8630, the first section of Tokyo Stock Exchange, Inc.)

Announcement regarding Details of Share Buybacks

(Share buybacks in accord with articles of incorporation provisions set pursuant to Article 165, paragraph 2, of

the Companies Act)

Sompo Holdings, Inc. (the "Company") announces that its Board of Directors met on May 19, 2017 and passed a resolution setting out details of the Company's share buybacks to be conducted in accord with Article 156 of the Companies Act applied pursuant to Article 165, paragraph 3, of the Act.

  1. Reason for share buybacks
    1. Shareholder return

      While maintaining financial soundness and improving capital efficiency by investing in growth fields, the Company has a basic policy of paying stable dividends, with the option of share buybacks according to capital condition.

      During the Company's mid-term management plan started in the fiscal year 2016, the Company's medium-term target for total payout ratio is at a level of 50% of adjusted consolidated profit.

      In accordance with this shareholder return policy, the Company will conduct share buybacks as a part of the shareholder return reflecting the performance for the fiscal year ended March 31, 2017.

      （Approximately ¥56.2 billion, out of total price of ¥56.9 billion）

    2. Treasury stock for delivery

      3. The Company will obtain treasury stock for delivery upon the exercise of the Company equity warrants.

      （Approximately ¥0.7 billion, out of total price of ¥56.9 billion）

    3. Details of share buybacks
      1. Class of shares Common stock of the Company
      2. Potential total number 18,966,666shares (upper limit)

        (4.81% of issued and outstanding shares (net of treasury stock)）

      3. Total price ¥ 56,900,000,000 (upper limit)

      4. Period May 22, 2017 (Mon.) － November 16, 2017 (Thu.)

      For reference: Treasury stock holing of the Company as of Aril 30, 2017

      Number of issued and outstanding shares (net of treasury stock) 394,041,409 shares Number of shares held in treasury stock 21,310,885 shares

    Sompo Japan Nipponkoa Holdings Inc. published this content on 19 May 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 19 May 2017 06:29:21 UTC.

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