News Release 2022

Retirement of Own Preferred Stocks

February 16, 2023

The Norinchukin Bank

Retirement of Own Preferred Stocks

 The Norinchukin Bank decided to retire preferred stocks in accordance with Article 15, Paragraph 1, Item 1 of the Act on Preferred Equity Investment by Cooperative Structured Financial Institution (Law No. 44 of 1993) and has completed retiring all of its own preferred equity stocks repurchased.

(Reference) Status of Preferred Stocks (as of February 16, 2023)

Number of Units Repurchased and Retired; 55,791,450

Number of Units Outstanding after the Retirement; 0

Total Repurchase Price; 50,770,219,500 Yen



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