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Revision of Takeda’s Executive Compensation Overview

August 6, 2021

OSAKA, Japan, August 6, 2021 – Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) revised one of the KPIs for executive compensation on July 30, 2021. This revision is to update Fiscal Year 2021-2023 Performance Share Units (PSU) KPIs for Long-Term Incentive Compensation Plans from “Core Operating Profit Margin” to “Aggregated FY21-23 Underlying Core Operating Profit Margin” to reflect that it measures the aggregated margin over the FY2021-2023 performance period.

Please visit here for the revised “Takeda’s Executive Compensation Overview”.