March 28, 2022
To whom it may concern
Asahi Group Holdings, Ltd.

Notice of Results of Exercise of Voting Rights
at the 98th Annual General Meeting of Shareholders
Asahi Group Holdings, Ltd. (the “Company”) announces the results of the exerciseof voting rights at the 98th Annual General Meeting of Shareholders (the “Meeting”)
held on March 25, 2022, as follows:
1. Items to be resolved:
Item 1: Appropriation of Retained Earnings
Year-end dividends(1) Type of dividend asset
Cash(2) Allocation of dividend assets to shareholders and total amount of allocation￥55 per share of common stock
Total amount of payout: ￥27,875,136,135(3) Effective date of dividends of Retained Earnings
March 28, 2022
Item 2: Partial Amendments to the Articles of Incorporation
In accordance with the amended provisions stipulated in a proviso to Article
1 of the Supplementary Provisions of the “Act for Partial Amendment of theCompanies Act” (Act No. 70 of 2019), which will come into effect on
September 1, 2022, the Company will make necessary amendments to its
Articles of Incorporation in order to introduce a system for the electronic
provision of materials for general meetings of shareholders.
Item 3: Election of eight (8) Directors
The Company asks the shareholders to elect eight (8) Directors.
The candidates for the position of Director are as follows:
Akiyoshi Koji, Atsushi Katsuki, Taemin Park, Keizo Tanimura,
Christina L. Ahmadjian, Kaoru Sakita, Kenichiro Sasae and Tetsuji Ohashi- 1 -Item 4: Election of one (1) Audit & Supervisory Board Member
The Company asks the shareholders to elect one (1) Audit & Supervisory
Board Member.
The candidate for the position of Audit & Supervisory Board Member is asfollows:
Shigeo Ohyagi
Item 5: Revision of Stock Compensation Plan (the Plan) for Directors
The Plan is a stock compensation system for the Directors (excludingOutside Directors) of the Company. By the revision of the Plan, theCompany will contribute funds up to a limit of 450 million yen(￥450,000,000) to the Trust to set the three years as the target period, andshares of common stock of the Company will be distributed from the Trustto each Director.
2. Status of voting rights
Number of Shareholders with voting rights:
Total number of voting rights held by the shareholders:- 2 -122,621
5,062,749

3. Number of voting rights concerning the indication of “For”, “Against” or“Abstentions” for each item; Requirements for adoption; Results of resolutions
Ratio ofItems to Be Resolved

ForAgainst

Abstentions

favorableResults

votes
Item 1:4,331,186

15,0971,170

99.63%

Approved

4,344,525

1,759

1,170

99.93%

Approved

Akiyoshi Koji

4,221,294

124,7291,426

97.10%

Approved

Atsushi Katsuki

4,192,062

154,218

1,170

96.43%

Approved

Taemin Park

4,278,611

67,6741,170

98.42%

Approved

Keizo Tanimura

4,278,952

67,3331,170

98.42%

Approved

Christina L. Ahmadjian 4,312,971

33,3131,170

99.21%

Approved

Kaoru Sakita

4,290,129

56,1561,170

98.68%

Approved

Kenichiro Sasae

4,315,651

28,5153,290

99.27%

Approved

Tetsuji Ohashi

4,122,951

221,2093,290

94.84%

Approved

4,336,517

9,788

1,171

99.75%

Approved

4,271,469

74,782

1,171

98.25%

Approved

Appropriation of
Retained Earnings
Item 2:
Partial Amendments to
the Articles ofIncorporation
Item 3: Election ofeight (8) Directors

Item 4: Election of
one (1) Audit &Supervisory Board
MemberShigeo Ohyagi
Item 5: Revision of
Stock Compensation
Plan for Directors
Notes:The requirement for the adoption of each item is as follows:・Item 1 and Item 5:
Approval of a majority of the voting rights of the shareholders present
・Item 2:
Approval at a general meeting of shareholders at which shareholders holding
one-third (1/3) or more of voting rights of the shareholders entitled to vote shallbe present, by two-third (2/3) or more of the voting rights of the shareholders
so present- 3 -・Item 3 and Item 4:
Approval at a general meeting of shareholders at which shareholders holding
one-third (1/3) or more of voting rights of the shareholders entitled to vote shallbe present, by a majority of the voting rights of the shareholders so present
4. Reason why a portion of the voting rights held by the shareholders present at
the Meeting was not added to the number of voting rights
Since the approval or disapproval of all proposals was conclusively decided by theexercise of the voting rights prior to the date of the Meeting and the number ofvoting rights of shareholders attending the Meeting, whose approval or disapproval
the Company was able to confirm, the number of voting rights not confirmed theindication of “For”, “Against” or “Abstentions” as to each item of some shareholders
attending the Meeting was not added.
End- 4 -