Notice of Resolutions at the 123rd Ordinary General Meeting of Shareholders

Reported Items

1. The Business Report, Consolidated Financial Statements and the results of the audit of the Consolidated Financial Statements by Independent Auditor and the Audit & Supervisory Board for fiscal 2022 (from April 1, 2022 to March 31, 2023) were reported.
2. The Non-Consolidated Financial Statements for fiscal 2022 (from April 1, 2022 to March 31, 2023) were reported.

Resolved Items

Agenda Item 1: Appropriation of surplus
This proposal was approved and adopted as originally proposed. (The year-end dividend is ¥17 per share)

Agenda Item 2: Election of eight (8) Directors
This proposal was approved and adopted as originally proposed.

Five (5) Directors, Messrs. Yoshinori Yamashita, Akira Oyama, Keisuke Yokoo, Sadafumi Tani and Kazuhiko Ishimura were reelected and reassumed their offices, and three (3) Directors, Messrs. Takashi Kawaguchi, Shigenao Ishiguro and Ms. Yoko Takeda were newly elected and assumed their offices.
Messrs. Keisuke Yokoo, Sadafumi Tani, Kazuhiko Ishimura, Shigenao Ishiguro and Ms. Yoko Takeda are Outside Directors.

Agenda Item 3: Payment of bonuses to Directors
This proposal was approved and adopted as originally proposed. Bonuses amounting to ¥74.947 million will be paid to five (5) Directors (excluding Outside Directors) in office during fiscal 2022.

Agenda Item 4: Partial amendment and continuation of the stock-based compensation plan for Directors
This proposal was approved and adopted as originally proposed.
(Please refer to the Notice of 123rd Ordinary General Meeting of Shareholders for the contents of the proposal.)

Presentation Materials

APPENDIX

2.AUDIT & SUPERVISORY BOARD MEMBERS
The Company’s Audit & Supervisory Board Members as of June 23, 2023 are as follows:

Note:** denotes Outside Audit & Supervisory Board Members.

The year-end dividend for fiscal 2022 has been determined to be ¥17 per share (¥34 for the full fiscal year). Please review the year-end dividend warrant and receive the dividend payment within the payment period (from June 26, 2023 to July 31, 2023).

Please confirm the dividend account statement and the remittance notice for shareholders who have specified a bank account transfer, and the dividend account statement and the notice on how to receive your dividend for shareholders who have specified the system of dividend allotment in proportion to the number of shares held.

The enclosed dividend account statement also serves as a notice of payment, which is required to be sent to each shareholder by the provisions of the Act on Special Measures Concerning Taxation.