The 25th Annual General Meeting of Shareholders

Convocation Notice

Date

Tuesday, September 28, 2021

10 a.m. (venue opens at 9:30 a.m.)

Venue

1-3-2 Otemachi, Chiyoda-ku, Tokyo

Keidanren Hall 2F, Keidanren Kaikan

Objective

Report to shareholders

Business report for the 25th fiscal year (from July 1, 2020 to June 30, 2021), Consolidated financial statements and results of the audit of the consolidated financial statements by the accounting auditor and the Board of Statutory Auditors

Non-consolidated financial statements for the 25th fiscal year (from July 1, 2020 to June 30, 2021)

Matters to be settled

Proposal 1 Appropriation of Surplus

Proposal 2 Partial Amendment to the Articles of Incorporation (Amendment to allow a general meeting of shareholders without a fixed place)

Proposal 3 Partial Amendment to the Articles of Incorporation (Change in the Method of Electing the Chairman of the Board of Directors)

Proposal 4 Election of Five (5) Directors

Proposal 5 Election of One (1) Corporate Auditor

Proposal 6 Amendment to the medium- to long-term performance-linked compensation system

Resolutions

Proposal 1: Appropriation of surplus
This proposal was approved as proposed, and the year-end dividend was determined to be 11 yen per share.

Proposal 2: Partial Amendment to the Articles of Incorporation (Amendment to allow a general meeting of shareholders without a fixed place)
This agenda item was approved and passed as proposed.

Proposal 3: Partial Amendment to the Articles of Incorporation (Amendment to the method of electing the Chairman of the Board of Directors)
This proposal was approved and passed as proposed.

Proposal 4: Election of Five (5) Directors
This proposal was approved and passed as proposed, and five (5) Directors, Mr. Tetsuji Morikawa, Mr. Naoyoshi Kasuga, Mr. Naohisa Fukutani, Mr. George Ugeux and Mr. Jon Robertson were elected and assumed their respective offices.

Proposal 5: Election of One (1) Corporate Auditor
This proposal was approved and passed as proposed, and Ms. Chie Goto was elected and assumed office as Corporate Auditor.

Proposal 6: Amendment to the Medium- to Long-term Performance-Linked Remuneration System
This proposal was approved and passed as proposed, and the Company decided to change the medium- to long-term performance-linked compensation