February 10, 2022

Company name:

Kajima Corporation

Representative:

Hiromasa Amano

Securities code:

President and Representative Director

1812

Inquiries:

(Tokyo 1st section, Nagoya 1st section)

Yuji Saeki

General Manager of Finance Department,

Treasury Division

Tel. +81-(0)3-5544-1111

Notice Concerning

Decision on Matters Relating to Acquisition of Own Shares

(Acquisition of Own Shares in accordance with Articles of Incorporation

pursuant to Article 165, Paragraph 2 of the Companies Act)

Kajima Corporation, at the Board of Directors' Meeting held today, resolved matters related to acquisition of its own shares in accordance with Article 156 of the Companies Act, applicable pursuant to Article 165, Paragraph 3 of the said Act. We hereby inform you of the following.

1.

Reason for acquiring own shares

To expand shareholder returns and improve capital

efficiency

2.

Details relating to the acquisition

1) Type of shares to be acquired:

Common Stock of Kajima Corporation

2) Aggregate number of shares to be acquired:

9,200,000 shares (upper limit)

(The ratio to the aggregate number of issued shares

(excluding own shares): 1.8%)

  1. Aggregate acquisition price of shares:
  2. Acquisition period:

10,000,000,000 Japanese yen (upper limit)

February 14, 2022 to April 30, 2022

5) Acquisition method:

Market purchases on the Tokyo Stock Exchange

(Reference) Status of holdings of own shares as of January 31, 2022

  • Aggregate number of issued shares excluding own shares: 499,849,443 shares
  • Number of own shares: 28,806,568 shares

Disclaimer: This document is an English translation of the announcement titled "Notice Concerning Decision on Matters Relating to Acquisition of Own Shares" which is filed with Stock Exchanges in Japan on February 10, 2022. Kajima Corporation provides this translation for your reference and convenience only without any warranty as to its accuracy. In case of any discrepancy between the translation and the Japanese original, the latter shall prevail.

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Kajima Corporation published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 03:28:04 UTC.