Notification about Share Repurchase

(Share repurchase under the provisions of Epson's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

- TOKYO, Japan, September 6, 2024 -

At a meeting of its board of directors held on April 26,2024, Seiko Epson Corporation (TSE: 6724, "Epson") resolved on a share repurchase pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3 of the same act, and implemented the share repurchase. Details of the share repurchase undertaken are as follows.

(1) Class of shares repurchased Ordinary shares
(2) Total number of shares purchased 2,256,700
(3) Total repurchase amount 5,681,470,550 yen
(4) Repurchase period August 1, 2024 to August 31, 2024 (on an execution base)
(5) Repurchase method Purchase on the Tokyo Stock Exchange (By securities company using discretionary method)

Reference

1. Details of the resolution at board of directors meeting held on April 26, 2024.

(1) Class of shares to be repurchased Ordinary shares
(2) Total number of repurchasable shares 17 million (maximum) (5.12% of the total number of issued shares (excluding treasury stock))
(3) Total repurchase amount 30 billion yen (maximum)
(4) Repurchase period July 18, 2024 to March 31, 2025
(5) Repurchase method Purchase on the Tokyo Stock Exchange (By securities company using discretionary method)

2. Total number of shares repurchased based on resolution of aforementioned board of directors' meeting (as of August 31, 2024)

(1) Total number of shares purchased 3,496,600
(2) Total repurchase amount 8,942,833,850 yen

About Epson
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of more than JPY 1 trillion.
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