Below are corporate bonds currently outstanding issued by our group.

As of August 1, 2024

Issue	Amount of Issue	Coupon Rate	Interest Payment Date	Maturity Date
Second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 30 billion	1.24% per annum sup{*1}	June 26 and December 26 of each year	Dec. 25, 2076 sup{*2}
Third series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 50 billion	1.18% per annum sup{*3}	January 31 and July 31 of each year	Jan. 31, 2047 sup{*4}

*1 From the day immediately following December 26, 2016 until December 26, 2026 : 1.24% per annum (fixed rate) and a floating rate with step-up thereafter.
*2 MS&AD Insurance Group Holdings may, at its discretion, redeem the bond (i) on any interest payment date on and after December 26, 2026 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after December 26, 2016, subject to a prior approval of the regulatory authority
*3From the day immediately following January 31, 2017 until January 31, 2027 : 1.18% per annum (fixed rate) and a floating rate with step-up thereafter.
*4 MS&AD Insurance Group Holdings may, at its discretion, redeem the bond (i) on any interest payment date on and after January 31, 2027 or (ii) upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after January 31, 2017, subject to a prior approval of the regulatory authority

Issue	Amount of Issue	Coupon Rate	Interest Payment Date	Maturity Date
Second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 50 billion	1.39% per annum sup{*1}	February 10 and August 10 of each year	Feb. 10, 2076 sup{*2}
Fourth series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 80 billion	1.17% per annumsup{*3}	June 12 and December 12 of each year	Dec. 12, 2077sup{*4}
US dollar-denominated perpetual subordinated notes with interest deferral options	USD 910 million	4.95% per annumsup{*5}	March 6 and September 6 of each year	None(perpetual)sup{*6}
Fifth series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 100 billion	1.02% per annumsup{*7}	February 8 and August 8 of each year	Feb. 7, 2081sup{*8}
Seventh series of unsecured straight bonds with an inter-bond pari passu clause	JPY 150 billion	0.19% per annum	May 15 and November 15 of each year	Nov. 13, 2026

*1 From the day immediately following February 10, 2016 until February 10, 2026 : 1.39% per annum (fixed rate) and a floating rate with step-up thereafter.
*2 MSI may, at its discretion, redeem the bond on any interest payment date on and after February 10, 2026, subject to a prior approval of the regulatory authority.
*3 From the day immediately following December 12, 2017 until December 12, 2027 :1.17% per annum （fixed rate） and a floating rate with step-up thereafter.
*4 MSI may, at its discretion, redeem the bond on any interest payment date on and after December 12, 2027, subject to a prior approval of the regulatory authority.
*5 A fixed rate of 4.95% per annum before March 6, 2029 and a fixed rate reset with step-up thereafter.
*6 Notes are callable on March 6, 2029 and every date which falls five, or multiple of five, years thereafter until the Notes are fully redeemed at the discretion of MSI, subject to prior consent by the regulatory authority, etc.
*7 A fixed rate of 1.02% per annum before February 8, 2031 and a fixed rate reset with step-up thereafter.
*8 MSI may, at its discretion, redeem the bond on any interest revision date on and after February 8, 2031, subject to a prior approval of the regulatory authority.

Issue	Amount of Issue	Coupon Rate	Interest Payment Date	Maturity Date
First series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 25 billion	0.66％per annumsup{*1}	September 10 and March 10 of each year	Sep. 10, 2079sup{*2}
Second series of domestic subordinated unsecured bonds with interest deferral option and early redemption option	JPY 25 billion	0.87％per annumsup{*3}	September 10 and March 10 of each year	Sep. 10, 2079sup{*4}

 *1 From the day immediately following September 10, 2019 until September 10, 2024 : 0.66% per annum（fixed rate）and a floating rate thereafter with step-up on and after September 10, 2029.
 *2 ADI may, at its discretion, redeem the bond on any interest payment date on and after September 10, 2024, subject to a prior approval of the regulatory authority
 *3 From the day immediately following September 10, 2019 until September 10, 2029 : 0.87% per annum（fixed rate）and a floating rate with step-up thereafter.
 *4 ADI may, at its discretion, redeem the bond on any interest payment date on and after September 10, 2029, subject to a prior approval of the regulatory authority