[This is an English translation prepared for reference purpose only. Should there be any inconsistency between thetranslation and the original Japanese text, the latter shall prevail.][Cover]Document to be filed:

Extraordinary Report

Filing to:

Director-General of the Kanto Local Finance Bureau

Date of filing:

March 27, 2023

Company name (Japanese):日本たばこ産業株式会社 (Nihon Tabako Sangyo KabushikiKaisha)Company name (English):JAPAN TOBACCO INC.

Title and name of representative:

Masamichi Terabatake, President, Chief Executive Officer andRepresentative Director

Location of head office:1-1, Toranomon 4-chome, Minato-ku, Tokyo, Japan

Telephone number:+81-3-6636-2914 (Main)

Contact person:

Nobuya Kato, Senior Vice President, Chief Financial Officer andCorporate Communications

Place of contact:

1-1, Toranomon 4-chome, Minato-ku, Tokyo, Japan

Telephone number:+81-3-6636-2914 (Main)

Contact person:

Nobuya Kato, Senior Vice President, Chief Financial Officer andCorporate Communications

Place where the document is available forpublic inspection:

Tokyo Stock Exchange, Inc.
(2-1, Nihombashi Kabutocho, Chuo-ku, Tokyo)

1. Reason for filingAt the 38th Ordinary General Meeting of Shareholders of the Company held on March 24, 2023, resolution
were made, and consequently, this document is filed pursuant to the provisions of Article 24-5, paragraph 4 of
the Financial Instruments and Exchange Act and Article 19, paragraph 2, item ix-2 of the Cabinet Office
Ordinance on Disclosure of Corporate Affairs, etc.

2. Content of reporta. Date of the General Meeting of Shareholders
March 24, 2023
b. Details of the items for resolution<Company proposals (Items from 1 to 4)>
Item 1:

Appropriation of Surplus
Year-end dividends(1) Type of assets to be paid as dividends:
Cash(2) Allotment of assets to be paid as dividends and their aggregate amount:¥113 per share of ordinary shares of the CompanyAggregate amount: ¥200,558,449,681(3) Effective date for distribution of surplus:
March 27, 2023

Item 2:

Election of Nine (9) Members of the Board
Election of Mr. Mutsuo Iwai, Mr. Shigeaki Okamoto, Mr. Masamichi Terabatake, Mr.
Kiyohide Hirowatari, Mr. Kei Nakano as Members of the Board and Ms. Main Kohda, Ms.
Yukiko Nagashima, Mr. Masato Kitera, Mr. Tetsuya Shoji as Outside Directors.

Item 3:

Election of Five (5) Audit & Supervisory Board Members
Election of Mr. Hideaki Kashiwakura, Mr. Tsutomu Hashimoto as the Audit & Supervisory
Board Members and Mr. Shigeru Taniuchi, Mr. Nobuo Inada, Ms. Hiroko Yamashina as
the Outside Audit & Supervisory Board Members.

Item 4:

Revision of Remuneration for Members of the Board
Revise the base salary for the Board Members to “a level not exceeding JPY 800 million(of which, JPY 160 million is allocated Outside Directors)” and revise the Executive bonus
to “Up to 0.3% of profit (i.e. profit attributable to owners of the parent company)”.
In addition, revise the total amount of monetary remuneration claims and the total numberof shares allotted under restricted stock remuneration to not exceed ¥600 million (or300,000 shares) annually, and revise the ceiling of the total amount of monetary
remuneration claims and cash for the purpose of paying taxes under the performance share
units to “fixed number of base share units(Note 1) not exceeding 200,000x share price atdelivery(Note 2) (with the number of shares 100,000).”(Notes)1. Number of base share units (determined by the Board of Directors based on the duties, etc., ofrespective eligible Members of the Board) x Offering ratio/percentage (within a range of 0-200%
based on the degree of achievement of targets)
2. After the Performance Evaluation Period ends, based on the closing price of the ordinary sharesof the Company on the TSE on the preceding business day of the date of the resolution by theBoard of Directors concerning the allotment of the ordinary shares of the Company under the plan(or the closing price on the immediately preceding business day, if transactions are not executedon that day), the amount shall be determined by the Board of Directors of the Company within therange not particularly favorable to eligible Members of the Board.

<Shareholder’s Proposals (from Proposal Item 5 to Proposal Item 8)>

Item 5:

Partial Amendment to the Articles of Incorporation (Management of Subsidiaries)
Newly incorporating the chapter and article regarding the Management of Subsidiaries inthe Articles of Incorporation of the Company

Item 6:

Partial Amendment to the Articles of Incorporation (Prohibition Against Former Directorsand Employees Serving in Director Positions at Listed Subsidiaries)
Newly incorporating the chapter and article regarding the Prohibition Against Former
Directors and Employees Serving in Director Positions at Listed Subsidiaries in the Articlesof Incorporation of the Company

Item 7:

Partial Amendment to the Articles of Incorporation (Prohibition Against Using the CashManagement System (CMS) for Financing with Listed Subsidiaries)
Newly incorporating the chapter and article regarding the Prohibition Against Using theCash Management System (CMS) for Financing with Listed Subsidiaries in the Articles ofIncorporation of the Company

Item 8:Acquisition of Treasury Shares
Acquisition of Japan Tobacco Inc.’s own shares of Common Stock in exchange for cash as
follows:・ Shares to be acquired: 96,357,680;
・ Maximum aggregate amount of consideration: JPY 250,000,000,000; and・ Period for the acquisition: Within 1 year from the end of the 38th Ordinary General
Meeting of Shareholders of Japan Tobacco Inc.

c. Number of voting rights that were exercised as the manifestation of the intention of approval,disapproval or abstention for the items for resolution; requirements for adoption thereof; andresolution results thereof<Company proposals (Items from 1 to 4)>
Number ofAbstentions
Affirmation Resolution
voting rightsrateresult(Units)(Units)Affirmatives(Units)

Negatives(Units)Item 1

14,106,091

18,23415

14,177,847

99%

AdoptedItem 2
Mutsuo Iwai
Shigeaki Okamoto
Masamichi Terabatake
Kiyohide Hirowatari
Kei Nakano
Main Kohda
Yukiko Nagashima
Masato Kitera
Tetsuya Shoji

14,029,375
14,049,528
14,039,648
14,041,610
14,055,523
14,028,137
14,066,158
14,050,314
14,037,97894,12373,971
83,84981,88967,976
95,361
57,342
73,18685,520

15
15
15
15
15
15
15
15
15

14,177,843
14,177,844
14,177,842
14,177,844
14,177,84414,177,843
14,177,845
14,177,845
14,177,843

98%
99%
99%
99%
99%
98%
99%
99%
99%

AdoptedAdoptedAdoptedAdoptedAdoptedAdoptedAdoptedAdoptedAdoptedItem 3
Hideaki Kashiwakura
Tsutomu Hashimoto
Shigeru Taniuchi
Nobuo Inada
Hiroko Yamashina

13,977,814
13,979,135
12,516,706
14,080,423
14,082,845

146,386
145,065
1,607,483
43,782
41,360

15
15
15
15
15

14,177,842
14,177,842
14,177,831
14,177,847
14,177,847

98%
98%
88%
99%
99%

AdoptedAdoptedAdoptedAdoptedAdoptedItem for resolution

Item 414,016,955

99,703

7,731

14,177,845

98%

AdoptedRejection
rateResolution
result<Shareholder’s Proposals (from Proposal Item 5 to Proposal Item 8)>

Number ofAbstentions
voting rights(Units)(Units)Affirmatives(Units)

Negatives(Units)Item 52,600,266

11,520,706

999

14,177,831

81%

Rejected

Item 6874,778

13,246,848

999

14,177,846

93%

Rejected

Item 7

823,646

13,298,488

999

14,177,846

93%

Rejected

Item 8846,914

13,273,810

2,420

14,177,846

93%

Rejected

Item for resolution(Notes) Requirements for adoption of each item are as follows:
Item 1, Item 4 and Item 8: a majority of the affirmative votes of the shareholders exercised theirvoting rights.
Item 2 and Item 3: at least one third or more of the total voting rights of those shareholders whoare entitled to exercise their voting rights are exercised, and additionally a majority of theaffirmative votes are exercised by those shareholders who exercised their voting rights. t.
Item 5, Item 6 and Item 7: at least one third or more of the total voting rights of those shareholders
who are entitled to exercise their voting rights are exercised, and additionally at least two-thirds ofthe affirmative votes are exercised by those shareholders who exercised their voting rights.
d. Reason why a portion of the number of voting rights of the shareholders present at the meeting was
not included in the calculation
The confirmed number of voting rights of shareholders whose affirmative votes or negative votes oneach item, which were exercised prior to the date of the meeting or at the meeting, were sufficient tomeet the requirements for adoption of the Company proposals and for rejection of the Shareholder’s
proposals for resolution. Accordingly a portion of the number of voting rights was not included in
the calculation as a result of the resolutions being legally adopted pursuant to the Companies Act.