December 7, 2020 Approval to Nippon Telegraph and Telephone Corporation’s Resolution on Surplus Appropriation

The Minister for Internal Affairs and Communications has today approved the resolution of Nippon Telegraph and Telephone Corporation (NTT) on surplus appropriation dated November 11, 2019. NTT applied for approval for the resolution to the Minister under the provision of paragraph 1, Article 11 of the Act on Nippon Telegraph and Telephone Corporation, etc. (Act No. 85 of 1984).

1. Target entity

NTT (President: Jun Sawada)

2. Summary of resolution on disposal of surplus

• Interim dividend: 50 yen per share
• Total interim dividend: About 185.8 billion yen