SAPPORO HOLDINGS LTD.
SAPPORO
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Bonds and Ratings

Bonds

Name Date of issue Total amount of issue (millions of yen) Interest rate Maturity date
28th Series of Unsecured Straight Corporate Bonds Dec. 5, 2013 10,000 0.61% Dec. 4, 2020
29th Series of Unsecured Straight Corporate Bonds Sep. 12, 2014 10,000 0.31% Sep. 12, 2019
30th Series of Unsecured Straight Corporate Bonds Sep. 10, 2015 10,000 0.33% Sep. 10, 2020
31th Series of Unsecured Straight Corporate Bonds Mar.22, 2016 10,000 0.25% Mar.22, 2021
32th Series of Unsecured Straight Corporate Bonds Jun. 1, 2017 10,000 0.15% Jun. 1, 2022
Euro- Yen Convertible Bonds
with Stock Acquisition Rights due 2021
Apr. 27, 2018 20,100 - Apr. 27, 2021

Ratings

Japan Credit Rating Agency, Ltd. (JCR)
as January 25, 2018
Long-term Issuer Rating A-
Short-term J-1
Rating and Investment Information, Inc. (R&I)
as February 27,2018
Long-term Issuer Rating BBB+
Short-term a-2