On the Wings of Osaka - Terms

Chapter 1:General rules

Article 1: (name)
This organization is displayed as On the Wings of Osaka(abbreviated as "OWO").
Article 2: (Purpose)
Conduct the following businesses to achieve the vision of theincorporation prospectus.
1. Business activities for achieving supply of parts such as
investigation, research, development, launching products, etc.
related to next-generation aircraft.
2. Businesses for providing information on next-generation aircraft.
3. Business to establish a mechanism to maintain confidentiality ofdevelopment data and transaction relationship data, especially amechanism to maintain confidentiality regarding the handling ofelectronic data
4. Business to promote interaction between members
5. Business to promote interaction with organizations, companies,institutions, etc. that meet the purpose of the corporation, including
aircraft-related companies
6. Joint ventures related to testing of aircraft related parts, trialmanufacture, order acceptance, sales channel development, etc.
7. Providing necessary information to solve technical issues andmanagement issues faced by the members, and business related toconsulting.
8. Business for education and training of personnel related toaviation such as aviation maintenance, aviation system, private
aircraft pilot etc.
9. Other businesses required to achieve the purpose of thecorporation

Article 3: (location of main offices)
The corporation has its main office in Osaka City, Osaka Prefecture.
Article 4: English abbreviation (refer to Japanese version)
Article 5: (Institutions)This organization, in addition to the general body of employees anddirectors considers the board of directors and auditors also as anorganizational body.

Chapter 2:Members

Article 6: (Categories)The members of this corporation shall be the following four types,
and full members shall be employees under the Act on the General
Incorporated Association and General Foundation (hereinafterreferred to as the “General Corporation Act”).
(1) Regular members: individuals or groups who joined in favor of thepurpose of the organization.
(2) Semi-regular members: an individual or group who approves theactivities of the organization and has joined for the purpose of
supporting the activities of the corporation.
(3) Supporting members: Individuals or groups who receive various
information sent by this corporation(4) Special members: persons recognized as necessary forachieving the purpose of article 2 above and have obtained approvalof the board of directors.

Article 7: English abbreviation (refer to Japanese version)
Article 8: (Admission fee and membership fee)
1. Regular members must pay the admission fee and membershipfee separately defined at the general meeting of employees.
2. Semi-regular members and supporting members must pay thedues separately specified at the General Assembly of Employees.
3. Even if the members lose their qualifications, the corporation shallpay for the existing admission fee, dues and other contributions.
Article 9: English abbreviation (refer to Japanese version)
Article 10: English abbreviation (refer to Japanese version)

Chapter 3: Employee General Meeting
Article 11: (type)
There are two types of employee general meeting of the corporation:
regular general meeting of members and temporary general meetingof members.
Article 12: (configuration)
1. The General Assembly of Employees shall be composed ofregular members.
2. The number of votes permitted at the general meeting ofemployees shall be one for each regular member.
3. At the general meeting of employees, the opinions of advisors,associate members, and advisors shall be heard.

Article 13: English abbreviation (refer to Japanese version)
Article 14: (Chairman)
The Chairman of the General Assembly is the Chairman. However, if
there is an accident or a problem with the chairman, thevice-president shall replace it.
Article 15: English abbreviation (refer to Japanese version)
Article 16: English abbreviation (refer to Japanese version)
Article 17: English abbreviation (refer to Japanese version)
Article 18: (general meeting of members Minutes)
With regard to the proceedings of the general meeting of members,
minutes shall be prepared describing the items to be stipulated in thelaw, and it shall be signed or stamped by the creator of the minutes
and maintained as a record for 10 years in the main office of thecorporation.

Chapter 4 Officers, etc.
Article 19: (instituting the members, etc.)
We place the following officers/executives in our corporation.
1. Board members – 3 or more, manager – 1 or more
2. One of the directors shall be the representative director, and one
shall be the chairman.
3. Some of the regular members can be in the role of vice presidents.
4. This corporation may have consultants and advisors.

Article 20: English abbreviation (refer to Japanese version)
Article 21: English abbreviation (refer to Japanese version)
Article 22: English abbreviation (refer to Japanese version)
Article 23: English abbreviation (refer to Japanese version)

Chapter 5 Board of Directors
Article 24: (Convocation)
1. The board of directors shall be convened by the representative
director and shall issue a notice of convocation to each director andeach auditor one week before the date of the meeting. However, thisnotice can be shortened in case of emergency.
2. If the representative director has an accident or other problems,
the chairman will convene it.
Article 25 : English abbreviation (refer to Japanese version)
Article 26 : English abbreviation (refer to Japanese version)
Article 27 : (Resolution of the Board of Directors)
The resolution of the board of directors is attended by a majority ofthe directors who can participate in the decision, and it is conductedwith the presence of this majority.
Article 28 : English abbreviation (refer to Japanese version)
Article 29 : English abbreviation (refer to Japanese version)

Chapter 6 calculation
Article 30 : ( Fiscal year )The business year of the corporation is from April 1 (of current year)
to March 31 of the following year.
Article 31: English abbreviation (refer to Japanese version)
Article 32: English abbreviation (refer to Japanese version)

Chapter 7 Change of Terms, Dissolution and Settlement
Article 33: English abbreviation (refer to Japanese version)
Article 34: English abbreviation (refer to Japanese version)
Article 35: English abbreviation (refer to Japanese version)
The above bears no difference to our current protocol.
July 4, 2018
1−10−６
６,Tezukayama−naka，， Sumiyoshi -ku,Osaka,558-0053,JapanOn the Wings of Osaka
Chairman/ CEO Tanaka Koichi(Please refer to the enrollment guidelines on the website in case ofjoining.)