Stocks and Bonds
Shareholders' Meeting

Announcement of the 147th Ordinary General Meeting of Shareholders

At the 147th Ordinary General Meeting of Shareholders, held on Jun 27, 2023, important matters were reported and resolved as follows.

Date and Time	Jun 27th, 2023 at 10:00
Place	Galaxy Room (B2) at Westin Hotel Tokyo Mita 1-4-1, Meguro-ku, Tokyo
Matters Reported	Business Report, Consolidated Financial Statements and Non-consolidated Financial Statements for the 147th term (from April 1, 2022 to March 31, 2023), as well as the results of the audit of Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board. For more details regarding the items listed above, please refer to the following two documents. Shareholders asked questions about the status of initiatives in the power electronics, food and beverage distribution, and geothermal power generation businesses, as well as the promotion of the advancement of diverse human resources.
Matters Resolved	【Item】 Election of Ten (10) Directors The following 10 directors were appointed in accordance with the Company’s original proposal: • Michihiro Kitazawa • Shiro Kondo • Toshihito Tanba • Yukari Tominaga • Yukihiro Tachifuji • Tomonari Yashiro • Michio Abe • Junichi Arai • Toru Hosen • Hiroshi Tetsutani Further, Toshihito Tanba, Yukari Tominaga, Yukihiro Tachifuji and Tomonari Yashiro are all outside directors in accordance with article 2-15 of the Companies Act of Japan.