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Investor Presentaiton

Mitsubishi Corporation Cash Flow Allocation of FY2022 May 9, 2023 Mitsubishi Corporation Cash in Cash Flow Underlying operating CF *1 CF from divestments Cash out Investments Adjusted FCF Shareholder returns FY2022 ¥1.3 Trillion (¥1,284.7 bn) ¥0.7 Trillion (\704.4 bn) ¥0.9 Trillion (\881.9 bn) ¥1.1 Trillion (\1,107.2 bn) ¥0.7 Trillion <Released> (\685.6 bn) Post-Returns FCF ¥0.4 Trillion Remarks Underlying operating CF is making solid progress with the growth of consolidated net income. CF from divestments is also making solid progress with the promotion of Asset Replacement Plans including sale of a real estate management company and a part of the Overseas power generating business. Maintain/Expand Earnings Base ¥0.5 Trillion Australian metallurgical coal business (Approx. ¥70.0 bn), etc. EX-related ¥0.3 Trillion *2 DX/Growth-related Investment ¥0.1 Trillion North American real estate business (Approx.¥60.0 bn), etc. Total of Underlying operating cash flows and investing cash flows Per-share dividend: \180; Share buybacks: ¥370.0 bn (including ¥200.0 bn as additional returns); Cash dividends paid to non- controlling interests: ¥56.3 bn. Additional allocation to Investments or Shareholder returns will be decided in accordance with future CF fluctuations. *1 Operating cash flows excluding changes in working capital whilst including repayments of lease liabilities (For details, please refer to P24.) *2 Details of EX-related investment ■ Eneco (European integrated energy business) Quellaveco copper mine North American power business Copyright © 2023 Mitsubishi Corporation Approx. ¥80.0 bn Approx. ¥65.0 bn Approx. ¥60.0 bn Steady investments have been made mainly in Copper and Renewable Energy business. In addition to committed investment plans of approximately ¥0.5 trillion, potential investment plans have also accumulated, and we intend to accelerate our investment in carefully selected projects. 4
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