MUFG Bank issues perpetual subordinated loans in Japan from MUFG Group; Writedown features trigger on CET1 stress

bk2606_04_en

MUBK T1-1 MUBK T1-2 MUBK B3AT1-3 MUBK B3AT1-5 1 Issuer MUFG Bank Bank of Ayudhya Public Company, etc. MUFG Bank MUFG Bank 2 Unique identifier (ISIN) ― ― ― ― 3 Governing law(s) of the instrument Japan Law Japan Law, etc. Japan Law Japan Law 3a Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments governed by foreign law) Regulatory treatment 4 　Transitional Basel III rules by 2022/3/30 Common equity Tier1 capital Common equity Tier1 capital, etc. Additional Tier 1 capital Additional Tier 1 capital 5 　Post-transitional Basel III rules from 2022/3/31 Common equity Tier1 capital Common equity Tier1 capital, etc. Additional Tier 1 capital Additional Tier 1 capital 6 　Eligible at solo/group/group and solo MUFG Bank Mitsubishi UFJ Financial Group, MUFG Bank MUFG Bank MUFG Bank 7 　Instrument type Common stock Common stock, etc. Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group 8 Amount recognised in regulatory capital Consolidated JPY 11,821.2 billion JPY 341.9 billion JPY 250.0 billion JPY 90.0 billion Non-consolidated JPY 9,130.1 billion ― JPY 250.0 billion JPY 90.0 billion 9 Par value of instrument ― ― JPY 250.0 billion JPY 90.0 billion 10 Accounting classification Consolidated Shareholders’ equity Non-controlling interest in consolidated subsidiary Liability – amortised cost Liability – amortised cost Non-consolidated Shareholders’ equity ― Liability – amortised cost Liability – amortised cost 11 Original date of issuance ― ― 2016/3/3 2016/10/24 12 Perpetual or dated Perpetual Perpetual Perpetual Perpetual 13 　Original maturity date ― ― No maturity No maturity 14 Issuer call subject to prior supervisory approval No No Yes Yes 15 　Optional call date and redemption amount ― ― 2026/7/15 at par 2027/7/15 at par 　Contingent call dates and redemption amount ― ― Tax event or Regulatory event at par Tax event or Regulatory event at par 16 　Subsequent call dates, if applicable ― ― Each interest payment date after the first call date Each interest payment date after the first call date Coupons / dividends 17 　Fixed or floating dividend/coupon ― ― Fixed to floating Fixed to floating 18 　Coupon rate and any related index ― ― * * 19 　Existence of a dividend stopper No No Yes Yes 20 　Fully discretionary, partially discretionary or mandatory Fully discretionary Fully discretionary Fully discretionary Fully discretionary 21 　Existence of step-up or other incentive to redeem No No No No 22 　Non-cumulative or cumulative Non-cumulative Non-cumulative Non-cumulative Non-cumulative 23 Convertible or non-convertible Non-convertible Non-convertible Non-convertible Non-convertible 24 　If convertible, conversion trigger(s) ― ― ― ― 25 　If convertible, fully or partially ― ― ― ― 26 　If convertible, conversion rate ― ― ― ― 27 　If convertible, mandatory or optional conversion ― ― ― ― 28 　If convertible, specify instrument type convertible into ― ― ― ― 29 　If convertible, specify issuer of instrument it converts into ― ― ― ― 30 Writedown feature No No Yes Yes 31 　If writedown, writedown trigger(s) ― ― MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. 32 　If writedown, full or partial ― ― Full or Partial Full or Partial 33 　If writedown, permanent or temporary ― ― Temporary or Permanent Temporary or Permanent 34 　If temporary write-own, description of writeup mechanism ― ― Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities 34a Type of subordination ― ― Contractual Contractual 35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) Preferred stock Preferred stock, etc. Subordinated Subordinated 36 Non-compliant transitioned features No No No No 37 If yes, specify non-compliant features ― ― ― ― 1

1 Issuer 2 Unique identifier (ISIN) 3 Governing law(s) of the instrument 3a Means by which enforceability requirement of Section 13 of the TLAC Term Sheet is achieved (for other TLAC-eligible instruments governed by foreign law) Regulatory treatment 4 　Transitional Basel III rules by 2022/3/30 5 　Post-transitional Basel III rules from 2022/3/31 6 　Eligible at solo/group/group and solo 7 　Instrument type 8 Amount recognised in regulatory capital Consolidated Non-consolidated 9 Par value of instrument 10 Accounting classification Consolidated Non-consolidated 11 Original date of issuance 12 Perpetual or dated 13 　Original maturity date 14 Issuer call subject to prior supervisory approval 15 　Optional call date and redemption amount 　Contingent call dates and redemption amount 16 　Subsequent call dates, if applicable Coupons / dividends 17 　Fixed or floating dividend/coupon 18 　Coupon rate and any related index 19 　Existence of a dividend stopper 20 　Fully discretionary, partially discretionary or mandatory 21 　Existence of step-up or other incentive to redeem 22 　Non-cumulative or cumulative 23 Convertible or non-convertible 24 　If convertible, conversion trigger(s) 25 　If convertible, fully or partially 26 　If convertible, conversion rate 27 　If convertible, mandatory or optional conversion 28 　If convertible, specify instrument type convertible into 29 　If convertible, specify issuer of instrument it converts into 30 Writedown feature 31 　If writedown, writedown trigger(s) 32 　If writedown, full or partial 33 　If writedown, permanent or temporary 34 　If temporary write-own, description of writeup mechanism 34a Type of subordination 35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument in the insolvency creditor hierarchy of the legal entity concerned) 36 Non-compliant transitioned features 37 If yes, specify non-compliant features MUBK B3AT1-7 MUBK B3AT1-10 MUBK B3AT1-12 MUBK B3AT1-14 MUFG Bank MUFG Bank MUFG Bank MUFG Bank ― ― ― ― Japan Law Japan Law Japan Law Japan Law Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital Additional Tier 1 capital MUFG Bank MUFG Bank MUFG Bank MUFG Bank Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group Perpetual Subordinated Loan borrowed from Mitsubishi UFJ Financial Group JPY 131.0 billion JPY 84.0 billion JPY 83.0 billion JPY 5.0 billion JPY 131.0 billion JPY 84.0 billion JPY 83.0 billion JPY 5.0 billion JPY 131.0 billion JPY 84.0 billion JPY 83.0 billion JPY 5.0 billion Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost Liability – amortised cost 2017/10/23 2018/12/18 2019/10/16 2019/10/28 Perpetual Perpetual Perpetual Perpetual No maturity No maturity No maturity No maturity Yes Yes Yes Yes 2028/7/15 at par 2029/1/15 at par 2030/1/15 at par 2030/1/15 at par Tax event or Regulatory event at par Tax event or Regulatory event at par Tax event or Regulatory event at par Tax event or Regulatory event at par Each interest payment date after the first call date Each interest payment date after the first call date Each interest payment date after the first call date Each interest payment date after the first call date Fixed to floating Fixed to floating Fixed to floating Fixed to floating * * * * Yes Yes Yes Yes Fully discretionary Fully discretionary Fully discretionary Fully discretionary No No No No Non-cumulative Non-cumulative Non-cumulative Non-cumulative Non-convertible Non-convertible Non-convertible Non-convertible ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― ― Yes Yes Yes Yes MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. MUFG Bank’s consolidated CET1 capital ratio fallen below 5.125%, etc. Full or Partial Full or Partial Full or Partial Full or Partial Temporary or Permanent Temporary or Permanent Temporary or Permanent Temporary or Permanent Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Amount agreed with JFSA and other Regulatory authorities Contractual Contractual Contractual Contractual Subordinated Subordinated Subordinated Subordinated No No No No ― ― ― ― 2