August 7, 2024
FOR IMMEDIATE RELEASE
Company Name: Asahi Group Holdings, Ltd.
Representative: Atsushi Katsuki,
President and Group CEO, Representative Director
Securities Code: 2502
Stock Listings: Tokyo Stock Exchange, Prime Market
Contact: Sasana Nemoto, Head of Corporate Communications
Phone: +81-3-5608-5126

Announcement Regarding Stock Split and Resulting Partial Amendment tothe Articles of Incorporation
Asahi Group Holdings, Ltd. (the “Company”) hereby announces that the Company has resolved toconduct a stock split and make a partial amendment to the Articles of Incorporation in conjunction withthis split.
１．Stock Split（１）Purpose of the stock split
It is expected that the investor base will further expand in the domestic market with the introductionof the new NISA and other initiatives. In such an environment, the aim is to improve the liquidity of
the Company's stock and further expand the investor base by reducing the amount per investment
unit of the Company’s stock.
（２）Overview of the stock split①Method of the stock split
Each share of common stock owned by shareholders listed or recorded in the closing register ofshareholders on the record date of Monday, September 30, 2024 will be split into three shares.
②Number of shares to be increased by the stock split
Total number of issued shares prior to the stock split

507,003,362

Number of shares to be increased by the stock split

1,014,006,724

Total number of issued shares after the stock split

1,521,010,086

Total number of issuable shares after the stock split

2,900,000,000

③Schedule for the stock split
Public notice of record date

Friday, September 13, 2024

Record date

Monday, September 30, 2024

Effective date

Tuesday, October 1, 2024

（３）Others①Dividend
The stock split will have the effective date of October 1, 2024. Therefore, the interim dividend forthe six-month period ending December 2024, with a record date of June 30, 2024, will be basedon the Company's common shares before the stock split. However, the year-end dividend for theyear ending December 2024, with a record date of December 31, 2024, will be based on theCompany's common shares after the stock split. For more details, please refer to the"Announcement Regarding Revision of Dividend Forecast and Abolition of the Shareholder Benefit
Program" released today for the expected amounts of the interim dividend and year-end dividend
for the year ending December 2024.
②Shareholder benefit program
After careful consideration from the viewpoint of fair profit distribution to all shareholders, theCompany has decided to abolish the shareholder benefit program and concentrate on profit
distribution through dividends, etc. For more details, please refer to the "Announcement Regarding
Revision of Dividend Forecast and Abolition of the Shareholder Benefit Program" released today.
③Adjustment of the total number of shares to be granted under the stock compensation planThe number of shares to be granted to each director based on the points awarded under the stockcompensation plan will be adjusted in accordance with the stock split ratio, which will come intoeffect on October 1, 2024.
④Amount of capital
The stock split will not result in any change in the Company’s capital.
２．Partial Amendment to the Articles of Incorporation（１）Reason for the amendment
In accordance with the stock split, by resolution of the Board of Directors pursuant to Article 184 (2)of the Companies Act of Japan, the Company will make the following partial amendment to theArticles of Incorporation, effective from October 1, 2024.

（２）Details of the amendment
The amendment is as follows.
（Amended parts are indicated by underlining.）
Current Articles of Incorporation

After the amendment

Chapter 2: Shares

Chapter 2: Shares

Article 6. Total number of authorized shares

Article 6. Total number of authorized shares

The total number of authorized shares to be

The total number of authorized shares to beissued by the Company shall be 972,305,309

issued by the Company shall beshares.

2,900,000,000 shares.

（３）Schedule of the amendment
Effective Date

Tuesday, October 1, 2024
-END-