September 15, 2022

NOTICE OF RESULTS OF STOCK REPURCHASE THROUGH OFF-AUCTION OWN SHARE REPURCHASE TRADING SYSTEM (ToSTNeT-3) AND CONCLUSION OF STOCK REPURCHASES

Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that it repurchased shares of its common stock today, pursuant to the announcement made on September 14, 2022, as described below.

The stock repurchase authorized at the board of directors' meeting held on May 12, 2022 has been completed with today's repurchase.

1.Reason for Stock Repurchase:

To improve capital efficiency and enhance shareholder returns.

2.Details of Repurchase:

(1) Class of shares repurchased	Common stock
(2) Total number of shares repurchased	92,925,400 shares
(3) Aggregate repurchased amount	360,271,775,800 yen
(4) Date of repurchase	September 15, 2022
(5) Method of repurchase	Through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)

(For reference)

Details of the resolution approved at the board of directors' meeting held on May 12, 2022 (as announced on May 12, 2022):

(1) Class of shares to be repurchased	Common stock
(2) Total number of shares to be repurchased	Up to 110 million shares
(3) Aggregate repurchase amount	Up to 400 billion yen

Details of total shares repurchased following the approval of the resolution by the board of directors on May 12, 2022:

(1) Class of shares repurchased	Common stock
(2) Total number of shares repurchased	92,925,400 shares
(3) Aggregate repurchased amount	360,271,775,800 yen

For further inquiries, please contact

Nakayama or Umeda
Investor Relations Office
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Contact us by email:
https://group.ntt/en/ir/contact/

Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.

Back to Press Release