June 11, 2024
Notice Regarding Results of Repurchase through Tender OfferAt the board of directors’ meeting held on May 10, 2024, as stated below, as a specific method of repurchasingtreasury shares pursuant to the provisions of Article 156 of the Companies Act (Act No. 86, 2005, including subsequent
revisions, the “Companies Act”) as applied mutatis mutandis pursuant to the provisions of Article 165, Paragraph 3 ofthe Companies Act and the Company’s articles of incorporation, the Company resolved to repurchase treasury shares,and as a specific method thereof, to conduct a tender offer of treasury shares (the “Tender Offer”). The Tender Offer
was initiated on May 13, 2024 and ended on June 10, 2024. Purchases of treasury shares (market purchases) after thecompletion of the Tender Offer will be made as stated in “Notice Regarding Repurchase of Treasury Shares and Tender
Offer for Treasury Shares” published on May 10, 2024.
1. Tender Offer outline(1) Name and address of tender offeror
KDDI Corporation, 2-3-2, Nishishinjuku, Shinjuku-ku, Tokyo(2) Type of listed share certificates under the Tender Offer
Ordinary shares(3) Period of the Tender Offer
1) Period of the Tender Offer
From Monday, May 13 to Monday, June 10, 2024 (21 business days)
2) Publication date for commencing the Tender OfferMonday, May13, 2024
(4) Tender Offer Price
3,896 yen per share of ordinary shares(5) Settlement Method
1) Name and address of the head office of financial instruments business operator/bank that will conduct
settlement of the Tender Offer(Tender Offer Agent)Daiwa Securities Co., Ltd., 1-9-1 Marunouchi, Chiyoda-ku, Tokyo
2) Commencement Date of Settlement
Tuesday, July 2, 2024
3) Settlement Method
When the period of the Tender Offer ends, a written notice for purchase, etc. will be sent by mail without
delay to the address or location of any person who consents to the application for the purchase, etc., or persons
who apply for the sale, etc. of share certificates in relation to the Tender Offer (the “Tendering Shareholders”)(standing proxies in the case of shareholders, etc. who are residents of foreign countries (including corporateshareholders, the “Non-Japanese Shareholders.”)).

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The purchase will be made in cash. The amount after deducting the applicable withholding tax (Note) fromthe purchase price will be remitted to the place designated by Tendering Shareholders (standing proxies in thecase of Non-Japanese Shareholders) by the tender offer agent, or paid at the tender offer agent’s head officeor each branch throughout Japan, where applications to tender for the Tender Offer were accepted, without
delay after the commencement date of settlement.
(Note) Regarding tax-related matters on shares purchased through the tender offer
Shareholders should make their own decisions after consulting a certified tax accountant or otherprofessional regarding any specific questions and concerns on tax matters.
(a) In the case of individual shareholders(i) If the Tendering Shareholders are residents of Japan or non-residents holding permanentestablishments in Japan
If the amount of proceeds received through the application for the Tender Offer exceeds the amountcorresponding to the attributable shares for the purchase out of the amounts of stated capital, etc. of theCompany, the amount of the excess portion shall be treated as dividend income, and taxed.
As a general rule, the amount equivalent to 20.315% will be withheld for the amount deemed as suchdividend income. (The tax rate of 20.315% comprising the income tax and the special income tax forreconstruction (pursuant to the “Act on Special Measures for Securing Financial Resources Necessary
to Implement Measures for Reconstruction following the Great East Japan Earthquake,” (Act No. 117of 2011, including subsequent revisions) (the “Special Income Tax for Reconstruction”)) of 15.315%
and the 5% inhabitants tax) (Special collection of 5% inhabitants tax will not be made for non-residents
holding permanent establishments in Japan.). Provided, however, that if the individual shareholdercorresponds to a large shareholder (the “Large Shareholder”) specified in Article 4-6-2, Paragraph 38of the Order for Enforcement of the Act on Special Measures Concerning Taxation (Cabinet Order No.
43 of 1957, including subsequent revisions), the amount equivalent to 20.42% (income tax and Special
Income Tax for Reconstruction only) will be withheld. In addition, the amount obtained by deductionof the amount deemed to be dividend income out of the amount of money to be delivered by tenderingin the Tender Offer shall be the income from the transfer of share certificates. As a general rule, theamount after deducting the acquisition cost of shares from income from the transfer of shares is subject
to separate self-assessment taxation.
When applying for the Tender Offer with shares in the tax-free accounts (the “Tax-Free Accounts”)
provided in Article 37-14 (tax exemptions on income from transfers of small amounts of publicly-tradedshares in the Tax-Free Accounts) of the Act on Special Measures Concerning Taxation (Act No. 26 of1957, including subsequent revisions), if the Tax-Free Accounts are accounts opened at Daiwa
Securities Co., Ltd., which is a financial instruments business operator, as a general rule, tax will beexempted on income from the transfer of shares in the Tender Offer. In the case where the Tax-Free
Accounts are accounts at financial instruments business operators other than Daiwa Securities Co., Ltd.,the treatment may differ from the above.
(ii) In the case where the Tendering Shareholders are non-residents not holding permanentestablishments in JapanFor the amount deemed as dividend income, the amount of 15.315% (income tax and Special
Income Tax for Reconstruction only) will be withheld. In the case of applicability as a LargeShareholder, the amount of 20.42% (income tax and Special Income Tax for Reconstruction only)
will be withheld. Income incurred due to such transfer of shares shall not be taxed, as a general rule.

2(b) In the case of corporate shareholders
Regarding taxation for a deemed dividend, for the portion of the tender offer price exceeding theamount of stated capital, etc. per share, as a general rule, the amount equivalent to 15.315% of suchdifference (income tax and Special Income Tax for Reconstruction only) shall be withheld.
2. Results of the Tender Offer(1) Number of share certificates under the Tender Offer

Type of sharecertificates

Number of sharecertificates planned forpurchase

Number of sharecertificates planned
to be in excess

Number of sharecertificates tendered

Number of sharecertificatespurchased

54,780,000 shares－ shares49,910,248 shares

49,910,248 shares

Ordinary shares(2) Calculation method when purchased using the pro rata method
Not applicable.
3. Place where a copy of the tender offer report is available for public inspection
KDDI Corporation, 2-3-2, Nishishinjuku, Shinjuku-ku, Tokyo
Tokyo Stock Exchange, Inc.: 2-1 Nihombashi Kabutocho, Chuo-ku, Tokyo(Reference)
Matters concerning purchases of treasury shares resolved during the Board of Directors meeting held on
May 10, 2024
(1) Type of share certificates

Ordinary shares(2) Total number of shares that can be acquired

87,000,000 shares (Upper limit)
Note: Percentage of the total shares issued as of May
10, 2024 (excluding treasury shares): 4.18%(3) Total acquisition cost

300 billion yen (Upper limit)(4) Acquisition period

From May 13 to October 31, 2024

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