Position and Policy Regarding Reduction in the Trading Unit of
the Company's Shares

Asahi Group Holdings, Ltd.

1. Position Regarding Trading Unit Reduction
Asahi Group Holdings, Ltd. (the Company) recognizes that a reduction in the trading unit of the Company’s shares is one of effective ways to encourage a wider range of investors to participate in trading the Company’s shares and enhance liquidity in the equity market.

2. Policy Regarding Trading Unit Reduction
The Company will continue to assess various factors such as share price trends, and changes in the composition of current shareholders. It will carefully consider the possibility of its reduction in the trading unit. At this point, specific measures such as a stock split and the timing thereof have not yet been determined.

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