[Reference Translation]

May 8, 2024

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Koji Sato, President

(Code Number: 7203

Prime of Tokyo Stock Exchange and

Premier of Nagoya Stock Exchange)

Name and Title of Contact Person:

Yoshihide Moriyama, General Manager,

Capital Strategy & Affiliated Companies Finance Div.

(Telephone Number: 0565-28-2121)

Notice Concerning Distribution of Dividends from Surplus

At a meeting held on May 8, 2024, the Board of Directors of Toyota Motor Corporation ("TMC") resolved to distribute dividends from surplus, with a record date of March 31, 2024. In relation to the above, we hereby inform you of the following:

1. Details of dividends

Determined year-end

Most recent dividend

Year-end dividend paid

dividend

forecast

for FY 2023

for FY 2024

Record date

March 31, 2024

March 31, 2024

March 31, 2023

Dividend per share

45.00 yen

-

35.00 yen

Total amount of dividends

606,338 million yen

-

474,781 million yen

Effective date

May 24, 2024

-

May 26, 2023

Source of dividends

Retained earnings

-

Retained earnings

[Reference] Details of dividends per common share through the fiscal year

Record date

Dividends for FY 2024

Dividends for FY 2023

(ended March 31,2024)

(ended March 31,2023)

End of interim period

30.00 yen

25.00 yen

End of fiscal period

45.00 yen

35.00 yen

Total

75.00 yen

60.00 yen

2. Reason for the dividend amount

TMC deems the improvement of its shareholders' profit as one of its priority management policies, and it will continue to work to improve its corporate culture to realize sustainable growth in order to enhance its corporate value.

TMC will strive to increase dividends in a stable and continuous manner.

With a view to surviving tough competition and transitioning to a mobility company, TMC will utilize its internal funds mainly for its investment in growth for the next generation such as environmental technologies to achieve a carbon neutral society and safety technologies for the safety and security of its customers, and also for the stakeholders such as employees, business partners and local communities.

-End-

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Toyota Motor Corporation published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 05:01:07 UTC.