Note: This is a summary translation of an original Japanese document, prepared and provided solely for readers’convenience. In the case of any discrepancy between this document and the original Japanese document, theoriginal Japanese document shall prevail. The Company assumes no responsibility for this translation or for
direct, indirect or any other forms of damages arising from the translation.

Notice Concerning Secondary Offering of Shares in the International Markets
TOKYO, JAPAN – August 29, 2024 – Terumo Corporation (TSE: 4543) (the “Company”)
hereby announces that it has resolved, at the meeting of the Board of Directors as of today, toconduct a secondary offering of shares of its common stock in the international markets (the“Secondary Offering”) as follows.
The Company has positioned dialogue with its shareholders, investors, and other stakeholders as
one of the most important efforts in its corporate governance and it has been actively pursuingsuch dialogue and increasing the amount of information disclosed. In addition, as part of theefforts to strengthen corporate governance, the Company has also examined the appropriate
shareholder structure and has had ongoing discussions with its shareholders.
Under these circumstances, having confirmed that 7 shareholders intend to sell their shares of theCompany’s common stock, the Company has decided to conduct the Secondary Offering in orderto provide an opportunity for those shareholders to sell their shares smoothly and to mitigate any
impact on the market price of the Company’s shares resulting from the sale. Through theSecondary Offering, the Company aims to enhance its corporate value by expanding anddiversifying its shareholder base that supports the Company’s medium- and long-term growthstrategy and further increasing management discipline through dialogue with new shareholders.
In addition, the Company has resolved, at the meeting of the Board of Directors as of today, toacquire and cancel up to 30 billion yen and 15,000 thousand shares of its own shares (the“Acquisition of Own Shares and Cancellation of Treasury Stock”) for the purpose ofenhancing shareholder returns, improving capital efficiency, and mitigating the impact on thesupply and demand of the Company’s shares resulting from the Secondary Offering. For details
on the Acquisition of Own Shares and Cancellation of Treasury Stock, please refer to the “NoticeConcerning Acquisition of Own Shares and Cancellation of Treasury Stock” released today.

Note:

This press release is a general release regarding a secondary offering of the shares of common stock of the Company, and is not prepared for the purpose ofinvestment solicitation or the like in Japan or elsewhere. This press release does not constitute an offer to sell or solicitation of any offer to buy securities inthe United States. The shares of common stock of the Company have not been, and will not be, registered under the United States Securities Act of 1933, asamended (the “Securities Act”). The shares of common stock of the Company may not be offered or sold in the United States absent registration or an exemption
from registration under the Securities Act. If any public offering of securities is made in the United States, it will be made by means of an English language
prospectus prepared in accordance with the Securities Act. No public offering of the shares of common stock of the Company will take place in the UnitedStates.

1Note: This is a summary translation of an original Japanese document, prepared and provided solely for readers’convenience. In the case of any discrepancy between this document and the original Japanese document, theoriginal Japanese document shall prevail. The Company assumes no responsibility for this translation or for
direct, indirect or any other forms of damages arising from the translation.

Details(1) Class and number of

Shares of common stock of the Company

73,211,900 Shares

MUFG Bank, Ltd.

17,958,000 Sharesand number of shares

Custody Bank of Japan, Ltd.

15,444,000 Shares

to be offered(Mizuho Trust & Banking Co., Ltd. re-entrustment portion, fromshares to be offered(2) Selling shareholders

Dai Nippon Printing Co., Ltd.’s employee retirement benefits
trust account)
Mitsubishi UFJ Trust and Banking Corporation 12,258,000 Shares
Tokio Marine & Nichido Fire Insurance Co., Ltd. 10,427,900 Shares(3) Method of offering

TOPPAN Inc.

8,200,000 Shares

Mizuho Bank, Ltd.

5,400,000 Shares

Mizuho Trust & Banking Co., Ltd.

3,524,000 Shares

The offering will be conducted in the international markets (inthe United States, however, the offering is restricted to qualified
institutional buyers in accordance with Rule 144A under the U.S.
Securities Act of 1933, as amended). Underwriters shall severally
and not jointly purchase and subscribe to the aggregate numberof shares mentioned in (1) above.

(4) Offer price

To be determined by the same process as the bookbuilding
process set out under Article 25 of the Rules Concerning
Underwriting, Etc. of Securities of the Japan Securities Dealers
Association, on a certain date from Tuesday, September 10, 2024
to Thursday, September 12, 2024 (the “Pricing Date”) based on
the tentative selling price calculated by multiplying the closing
price of the Company’s shares of common stock on Tokyo Stock
Exchange, Inc. on the Pricing Date (if there is no closing price on
the Pricing Date, the closing price on the business day
immediately preceding the Pricing Date) by 0.90-1.00 (with any
fraction less than one yen being rounded down), in considerationof market demand and other conditions.

(5) Compensation for theunderwriters

Underwriting commission shall not be paid, but the underwriters
shall instead be entitled to the total amount of the difference
between the offer price and the purchase price (the amountreceived by the selling shareholders from the underwriters as theNote:

This press release is a general release regarding a secondary offering of the shares of common stock of the Company, and is not prepared for the purpose ofinvestment solicitation or the like in Japan or elsewhere. This press release does not constitute an offer to sell or solicitation of any offer to buy securities in
the United States. The shares of common stock of the Company have not been, and will not be, registered under the United States Securities Act of 1933, asamended (the “Securities Act”). The shares of common stock of the Company may not be offered or sold in the United States absent registration or an exemption
from registration under the Securities Act. If any public offering of securities is made in the United States, it will be made by means of an English language
prospectus prepared in accordance with the Securities Act. No public offering of the shares of common stock of the Company will take place in the UnitedStates.

2Note: This is a summary translation of an original Japanese document, prepared and provided solely for readers’convenience. In the case of any discrepancy between this document and the original Japanese document, theoriginal Japanese document shall prevail. The Company assumes no responsibility for this translation or for
direct, indirect or any other forms of damages arising from the translation.

purchase price per share) as the underwriters’ proceeds.
(6) Share unit for

100 shares

subscription(7) Settlement date

The settlement date shall be a day during the period from Friday,
September 13, 2024 to Wednesday, September 18, 2024, whichis the third business day immediately following the Pricing Date.

(8) Chief Executive Officer of the Company, is solely authorized to approve the offer price andall other matters necessary for the Secondary Offering.
(Reference)
Lock-UpWith regard to the Secondary Offering, Mizuho Bank, Ltd., the selling shareholder, has agreed
with the underwriters to the effect that, during the period beginning on the Pricing Date andending on the 180th day from the settlement date of the Secondary Offering (the “Lock-UpPeriod”), Mizuho Bank, Ltd. will not conduct any sale, etc. of the shares of common stock of
the Company without the prior written consent of the underwriters (excluding certain casessuch as the Secondary Offering).
Furthermore, the Company has agreed with the underwriters to the effect that, during the LockUp Period, the Company will not issue shares of common stock of the Company, issue
securities that can be converted into or exchanged for shares of common stock of the Company,
issue securities that represent the right to acquire or receive shares of common stock of theCompany, or conduct similar transactions without the prior written consent of the underwriters(excluding issuance of new shares by stock splits and the like).
In either of the above cases, the underwriters have the authority to wholly or partially waive
the above agreements at their own discretion, even during the Lock-Up Period.

Note:This press release is a general release regarding a secondary offering of the shares of common stock of the Company, and is not prepared for the purpose ofinvestment solicitation or the like in Japan or elsewhere. This press release does not constitute an offer to sell or solicitation of any offer to buy securities in
the United States. The shares of common stock of the Company have not been, and will not be, registered under the United States Securities Act of 1933, asamended (the “Securities Act”). The shares of common stock of the Company may not be offered or sold in the United States absent registration or an exemption
from registration under the Securities Act. If any public offering of securities is made in the United States, it will be made by means of an English language
prospectus prepared in accordance with the Securities Act. No public offering of the shares of common stock of the Company will take place in the UnitedStates.

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