December 10, 2021 Approval to Nippon Telegraph and Telephone Corporation’s Resolution on Surplus Appropriation

The Ministry of Internal Affairs and Communications (MIC) approved the resolution of Nippon Telegraph and Telephone Corporation (NTT) on surplus appropriation dated November 10, 2021, as requested, in accordance with the provisions of Article 11, Paragraph 1 of the Act on Nippon Telegraph and Telephone Corporation, etc. (Act No. 85 of 1984).

1. Target entity

NTT (Headed by SAWADA Jun, President)

2. Summary of resolution on disposal of surplus

• Interim dividend: 55 yen per share
• Total interim dividend: About 197.8 billion yen