Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

To our shareholders:

Securities Code: 6325
June 3, 2024
Tatsuya Fujisawa, Representative Director and President
Takakita Co., Ltd.
2828 Natsumi, Nabari City, Mie Prefecture, JAPAN

Notice of the 80th Annual General Meeting of Shareholders
We are pleased to announce the 80th Annual General Meeting of Shareholders of Takakita Co., Ltd. (the“Company”), which will be held as indicated below.
Additionally, instead of attending the meeting in person on the day, exercising of voting rights is possible throughthe internet or in writing (by post). Please read the attached Reference Documents for the General Meeting of
Shareholders and exercise your voting rights no later than 5:10 p.m. on Tuesday, June 25, 2024 (JST).
1. Date and Time
2. Venue

Wednesday, June 26, 2024, at 10:00 a.m. (JST) (reception opens at 9:00 a.m.)
Convention hall, 1st floor of Nabari Industrial Promotion Center Aspia
822-2 Minamimachi, Nabari City, Mie Prefecture, JAPAN3. Purpose of the Meeting
Matters to be reported:
The Business Report and the Non-consolidated Financial Statements for the 80th fiscal year (from April 1,
2023 to March 31, 2024)
Matters to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Amendment to the Articles of Incorporation
Proposal No. 3:
Election of Six Directors (Excluding Audit and Supervisory Committee Members)
Proposal No. 4:
Election of One Director Who Is an Audit and Supervisory Committee Member
In convening this General Meeting of Shareholders, the Company has taken measures for providing informationthat constitutes the content of Reference Documents for the General Meeting of Shareholders, etc. (matters forwhich measures for providing information in electronic format are to be taken) in electronic format, and has posted
the information on each of the following websites. Please access either of the websites to view the information.
The Company’s website:
https://www.takakita-net.co.jp/ (in Japanese)(From the above website, select “For Investors,” and then “Shareholders Meeting.”)
Website for posted informational materials for the general meeting of shareholders:
https://d.sokai.jp/6325/teiji/ (in Japanese)
TSE website (Listed Company Search):https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)(Access the TSE website by using the internet address shown above, enter “Takakita” in “Issue name (company
name)” or the Company’s securities code “6325” in “Code,” and click “Search.” Then, click “Basic information”
and select “Documents for public inspection/PR information.” Under “Filed information available for public
inspection,” click “Click here for access” under “[Notice of General Shareholders Meeting /Informational Materials
for a General Shareholders Meeting].”)-When attending the meeting in person, please hand in the voting form at the reception desk at the meeting venue.

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Paper-based documents stating Electronic Provision Measures Matters are sent to shareholders who have requested the delivery of
paper-based documents. However, those documents do not include the following matters in accordance with the provisions of laws
and regulations and Article 17 of the Company’s Articles of Incorporation(i) “Matters Related to Share Acquisition Rights, Etc. of the Company” of the Business Report(ii) “System to Ensure the Properness of Operations and Operation Status of the System” of the Business Report(iii) “Statement of Changes in Equity” of the Non-consolidated Financial Statements(iv) “Notes to Non-consolidated Financial Statements”
Accordingly, the Business Report and the Non-consolidated Financial Statements described in the relevant documents are part of
documents that have been subjected to audit by the Financial Auditor to prepare the Financial Audit Report and the Audit andSupervisory Committee to prepare the Audit Report.
- Persons attending the General Meeting of Shareholders will not be offered any gifts. We ask for your understanding in this matter.
- If revisions to the matters for which measures for providing information in electronic format are to be taken are required, a noticeof the revisions and the details of the matters before and after the revisions will be posted on the Company’s website, website forposted informational materials for the general meeting of shareholders and TSE website.

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Reference Documents for the General Meeting of Shareholders
Proposal No. 1:

Appropriation of Surplus

The Company regards return of profit to shareholders as an important managerial issue, and its basic policy is to
issue continual and stable dividends of an appropriate level for many years into the future through focusing its
efforts on strengthening the management foundation and enhancing shareholders’ equity.
Accordingly, in consideration of the operating results for the fiscal year, future business development and otherfactors, the Company proposes the payment of year-end dividends for the fiscal year and other appropriation of
surplus as follows.
1. Year-end dividends
The Company proposes to pay a year-end dividend for the fiscal year of ¥10 per share.
Accordingly, including the interim dividend of ¥5, the annual dividend will total ¥15 per share.
(i) Type of dividend property
Cash(ii) Allotment of dividend property and their aggregate amount¥10 per common share of the Company
The total dividends will be ¥110,937,820(iii) Effective date of dividends of surplus
June 27, 2024
2. Other appropriation of surplus
As for internal reserves, the Company proposes the following to strengthen the management foundation in
preparation for the business development in the future.
(i) Item of surplus to be decreased and amount of decrease
Retained earnings brought forward: ¥500,000,000(ii) Item of surplus to be increased and amount of increase
General reserve: ¥500,000,000-3-Proposal No. 2:

Amendment to the Articles of Incorporation

1. Reasons for the proposal
The Company proposes making the necessary amendments to enable a Director who is not the Representative
Director to serve as chairperson of the meetings of the Board of Directors in order to facilitate flexible
operation of the Board and improve objectivity and transparency in decision making.
2. Details of the amendments
The details of the amendments are as follows.

(Underlined parts indicate the proposed amendments)
Current Articles of Incorporation
Proposed amendments
Chapter 4
Chapter 4
Directors, Board of Directors, and Audit and Supervisory
Directors, Board of Directors, and Audit and Supervisory
Committee
Committee(Person Authorized to Convene Board Meetings and Chairperson (Person Authorized to Convene Board Meetings and Chairpersonof the Board Meetings)of the Board Meetings)
Article 25
Article 25
a. Unless otherwise provided for by laws or regulations, thea. Unless otherwise provided for by laws or regulations, aPresident shall convene and chair a meeting of the Board of
Director determined in advance by the Board of Directors
Directors.
shall convene and chair meetings of the Board of Directors.
b. In the absence or disability of the President, anotherb. In the absence or disability of the Director in the preceding
Director shall convene and chair a meeting of the Board ofparagraph, another Director shall convene and chair a
Directors in the order determined in advance by the Board
meeting of the Board of Directors in the order determinedof Directors.
in advance by the Board of Directors.

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Proposal No. 3:

Election of Six Directors (Excluding Audit and Supervisory Committee Members)

At the conclusion of this meeting, the terms of office of all five Directors (excluding Audit and Supervisory
Committee Members; applicable to the rest of this proposal) will expire.
On this occasion, the Company proposes the election of six Directors, an increase of one Director to strengthen the
management structure.
As for this proposal, the Nomination and Remuneration Committee, an advisory body to the Board of Directors,
has judged that all the candidates for Directors are eligible.
The candidates for Director are as follows:
Candidate
Name
No.
1
Tatsuya Fujisawa
2
Mitsuo Matsumoto

Position in the Company

Representative Director and President
Director and Chairman
Director, Senior Managing Executive Officer
3
Ryo Masumitsu
General Manager, Corporate Administration Division
Director, Managing Executive Officer
4
Hirokatsu Nashihara
In charge of Bearing Department, and General Manager,
Corporate Planning OfficeDirector, Executive Officer
5
Yasuhiro Fujiwara
General Manager, Engineering Division
Executive Officer
6
Daiji Ryushima
General Manager, Production Division and General Manager,
Headquarters Plant
Reelection: Candidates for reelection as Director
New: Candidates for new election as Director
Outside: Candidates for Outside Director
Independent: Independent officers based on the provisions of the stock exchange-5-

Reelection
Reelection
Reelection
Reelection
Reelection
NewCandidate
No.

Name
(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1994
Apr. 2019

1

2

Number of theCompany’s shares
ownedJoined the Company
General Manager, Honshu Sales Department,
Domestic Sales Division
June 2019
Executive Officer, General Manager, Domestic
Sales Division, and General Manager, Honshu
Tatsuya Fujisawa
Sales Department(August 12, 1971)
June 2021
Director, Executive Officer, in charge ofOverseas Sales Division, General Manager,
Reelection
Domestic Sales Division, and General Manager,
Honshu Sales Department
19,400 shares
Years in office: 3
Apr. 2023
Director, Executive Officer, in charge ofOverseas Sales Division, General Manager,
Attendance at Board ofDomestic Sales Division
Directors meetings
June 2023
Director, Managing Executive Officer, in
16/16 meetings
charge of Production and Engineering Division
and Overseas Sales Division, General Manager,
Domestic Sales Division
Apr. 2024
Representative Director and President (current
position)
Reasons for nomination as candidate for Director
Tatsuya Fujisawa has the charisma and energy to exercise leadership while maintaining harmony within the company,
as well as a wealth of experience and broad knowledge in the Company’s sales divisions over many years, thoroughknowledge of the industry and the network he has built up. In addition, the Company nominated Tatsuya Fujisawa as a
candidate for Director in light of his leadership in management as Representative Director and President and his
performance in his role to facilitate the Company’s continuous improvement of its corporate value through, forexample, making important management decisions and overseeing business execution, with the expectation that he will
make further contributions in the future.
Apr. 1978
Joined the Company
Oct. 2004
General Manager, Sales Department
June
2005
Director in charge of Trade Department, andMitsuo Matsumoto
General Manager, Sales Department(January 6, 1956)
June 2007
Director in charge of Technical Department andTrade Department, and General Manager, Sales
Reelection
Department
68,000 shares
Years in office: 19
June 2008
Managing Director in charge of Agricultural
Machinery Department, and General Manager,
Attendance at Board of
Sales Department
Directors meetings
Apr. 2010
Managing Director in charge of Agricultural
15/16 meetings
Machinery Department
Apr. 2011
Representative Director and President
Apr. 2024
Director and Chairman (current position)
Reasons for nomination as candidate for Director
The Company nominated Mitsuo Matsumoto as a candidate for Director in light of the stabilization and sustainable
development of the Company’s management as Chairman of the Board, who has the role of ensuring the governance of
the Board of Directors, with the expectation that he will make further contributions in the future.

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Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1981
July 2009
June 2011

3

Number of theCompany’s shares
ownedJoined the Company
General Manager, Production Department
Director, and General Manager, Production
Department
July 2013
Director, General Manager, Production
Division, and General Manager, Production
Department, Headquarters Plant
June 2014
Director, Executive Officer, General Manager,
Production Division, and General Manager,
Headquarters Plant
Ryo Masumitsu
Oct. 2016
Director, Shandong Wuzheng Takakita(June 12, 1958)
Stockbreeding Machinery Co., Ltd.
June 2017
Director, Managing Executive Officer, andReelection
General Manager, Production Division
43,000 shares
Apr. 2018
Director, Managing Executive Officer, andYears in office: 13
General Manager, Production and Engineering
Division
Attendance at Board ofJan. 2021
Vice Chairman, Shandong Wuzheng Takakita
Directors meetings
Stockbreeding Machinery Co., Ltd. (current
16/16 meetings
position)
June 2022
Director, Senior Managing Executive Officer,
and General Manager, Production andEngineering Division
June 2023
Director, Senior Managing Executive Officer,
and General Manager, Corporate
Administration Division (current position)
Significant concurrent positions outside the Company
Vice Chairman, Shandong Wuzheng Takakita Stockbreeding
Machinery Co., Ltd.
Reasons for nomination as candidate for Director
Ryo Masumitsu has a wealth of experience and broad knowledge in the Company’s production divisions. He also has
experience and knowledge in administration divisions in the areas of accounting, finance, human resources, and generalaffairs, and the Company nominated him as a candidate for Director with the expectation that he will make further
contributions in the future.

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Candidate
No.

Name
(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1986
Mar. 2017

4

5

6

Number of theCompany’s shares
ownedJoined The Nanto Bank, Ltd.
General Manager of Private Banking
Department, the Nanto Bank, Ltd.
Apr. 2018
Director, Supervising General Manager ofNanto Lease Co., Ltd.
Oct. 2018
Seconded to the Company
Assistant General Manager, Corporate Planning
Hirokatsu Nashihara
Office(June 22, 1963)
June 2019
Executive Officer, General Manager, Internal
Reelection
Audit Office, General Manager, Quality
Assurance Office, and Assistant General
3,600 shares
Years in office: 4
Manager, Corporate Planning Office
Oct. 2019
Executive Officer, General Manager, Quality
Attendance at Board of
Assurance Office, and Assistant General
Directors meetings
Manager, Corporate Planning Office
16/16 meetings
June 2020
Director, Executive Officer in charge of
Bearing Department and Quality Assurance
Office, and General Manager, Corporate
Planning Office
June 2023
Director, Managing Executive Officer in chargeof Bearing Department, and General Manager,
Corporate Planning Office (current position)
Reasons for nomination as candidate for Director
The Company nominated Hirokatsu Nashihara as a candidate for Director in light of his insight in finance andaccounting gained from many years of service at a financial institution, and broad experience in the Company’s
corporate planning division, etc., with the expectation that he will make further contributions in the future.
Apr. 1995
Joined the Company
Apr. 2021
General Manager, Engineering Department,
Yasuhiro Fujiwara
Production and Engineering Division(September 12, 1970)
June 2022
Executive Officer, and General Manager,
Reelection
Engineering Department, Production andEngineering Division
5,100 shares
Years in office: 1
June 2023
Director, Executive Officer, and General
Manager, Engineering Department, Production
Attendance at Board ofand Engineering Division
Directors meetings
Apr. 2024
Director, Executive Officer, and General
12/12 meetings
Manager, Engineering Division (current
position)
Reasons for nomination as candidate for Director
The Company nominated Yasuhiro Fujiwara as a candidate for Director in light of his wealth of experience and broad
insight in the Company’s engineering division, with the expectation that he will make further contributions in the future.
Apr. 2001
Joined the Company
Apr. 2022
General Manager, Headquarters Plant,
Production Department, Production andEngineering Division
Daiji RyushimaJune 2023
Executive Officer, General Manager,(March 18, 1976)
4,800 shares
Production Department, Production andEngineering Division, and General Manager,
New
Headquarters Plant
Apr. 2024
Executive Officer, General Manager,
Production Division, and General Manager,
Headquarters Plant (current position)
Reasons for nomination as candidate for Director
The Company nominated Daiji Ryushima as a candidate for Director in light of his wealth of experience and broad
insight in the Company’s general affairs divisions and a joint venture company in China, as well as his utilization of his
outstanding leadership skills, with the expectation that he will make further contributions in the future.

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Notes:1. There is no special interest between any of the candidates for Director and the Company.
2. To enable candidates for Director to sufficiently fulfill the role expected of them when executing their duties and to
attract competent human resources, the Company has entered into a directors and officers liability insurance (“D&Oinsurance”) policy as provided for in Article 430-3, paragraph (1) of the Companies Act with an insurance company,
with all Directors as the insureds. Providing this proposal is approved in its original form, if each candidate is elected
and assumes the office as Director, the Company plans to include every such Director as an insured in this insurance
policy. The outline of the contents of this policy is as per that shown in Business Report “3. Matters Related to Company
Officers (3) Outline of Content of Directors and Officers Liability Insurance Policy”. Note that the Company intends torenew this insurance policy in July 2024.

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Proposal No. 4:

Election of One Director Who Is an Audit and Supervisory Committee Member

At the conclusion of this meeting, the term of office of Director who is an Audit and Supervisory Committee
Member Eiji Hattori will expire.
Therefore, the Company proposes the election of one Director who is an Audit and Supervisory Committee
Members.
In addition, the consent of the Audit and Supervisory Committee has been obtained for this proposal.
The candidate for Director who is an Audit and Supervisory Committee Member is as follows:
Name(Date of birth)

Career summary, and position and responsibility
in the Company
Apr. 1966
June 1998
June 2002

Number of theCompany’s shares
ownedJoined The Nanto Bank, Ltd.
Director, The Nanto Bank
President and Director, Nanto Staff Services
Co., Ltd.
June 2005
Chairman and Director, Nanto Staff Services
Eiji HattoriCo., Ltd.
(October 17, 1943)
Dec. 2005
Hattori Labor and Social Security Attorneys
Reelection
Office (current position)
OutsideJune 2009
Chairman, Labor and Security Attorneys– shares
Independent
Association of Nara (current position)
June 2015
Permanent Director, Japan Federation of Labor
Years in office: 4
and Social Security Attorney’s Associations
June 2020
Outside Director (Audit and Supervisory
Attendance at Board of Directors meetings
Committee Member), the Company (current
16/16 meetings
position)
June 2023
Vice Chair, Japan Federation of Labor andSocial Security Attorney’s Associations (current
position)
Reasons for nomination as candidate for Outside Director and outline of the role expected to be filled
Eiji Hattori possesses knowledge related to finance and accounting built up over many years serving in a financial institute, andexpert knowledge and a wealth of experience as a labor and social security attorney, and he uses this insight and many years ofexperience to provide the Company’s management with various advice and opinions. The Company therefore requests his reelection
as an Outside Director.
If he is elected as an Outside Director, the Company expects him to leverage his insight and many years of experience as a labor andsocial security attorney to provide auditing and supervision of the execution of duties and governance system from an objective
standpoint independent from Company management and from the perspective of an expert, particularly in labor management, and tocontribute to securing soundness and appropriateness and improving transparency in the Company’s management decision making.
Notes: 1. There is no special interest between the candidate for Director who is an Audit and Supervisory Committee Member andthe Company.
2. Eiji Hattori is a candidate for Outside Director.
3. The Company has submitted notifications to both Tokyo Stock Exchange, Inc. and Nagoya Stock Exchange, Inc. that
Eiji Hattori has been designated as an independent officer as provided for by those exchanges, and if his reelection isapproved, the Company plans for his designation as an independent officer to continue.
4. Pursuant to the provisions of Article 427, paragraph (1) of the Companies Act, the Company has entered into anagreement with Eiji Hattori to limit his liability for damages under Article 423, paragraph (1) of the Companies Act. The
maximum amount of liability for damages under this agreement is the minimum liability amount provided for underlaws and regulations, and if he is reelected, the Company plans to renew the agreement with him.
5. To enable the candidate for Director who is an Audit and Supervisory Committee Member to sufficiently fulfill the role
expected of him when executing his duties and to attract competent human resources, the Company has entered into a
directors and officers liability insurance (“D&O insurance”) policy as provided for in Article 430-3, paragraph (1) of theCompanies Act with an insurance company, with all Directors who are Audit and Supervisory Committee Members as
the insureds. Providing this proposal is approved in its original form, if the candidate is elected and assumes the office as
Director who is an Audit and Supervisory Committee Member, the Company plans to include such Director who is an
Audit and Supervisory Committee Member as an insured in this insurance policy. The outline of the contents of thispolicy is as per that shown in Business Report “3. Matters Related to Company Officers (3) Outline of Content of
Directors and Officers Liability Insurance Policy”. Note that the Company intends to renew this insurance policy in July2024.

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Reference: Skill matrix of the Board of Directors following the General Meeting of Shareholders
If Proposals No. 3 and No. 4 are approved as drafted, the skill matrix of the Board of Directors will be as follows.

Name

Tatsuya Fujisawa

Mitsuo Matsumoto

Ryo Masumitsu
Hirokatsu Nashihara
Yasuhiro Fujiwara
Daiji Ryushima
Atsuyoshi Oki

Tsunehiro Oki

Eiji Hattori

Taishi Mukai

Position

Representative Director
and President
Nomination andRemuneration
Committee Member
Director and Chairman
Nomination andRemuneration
Committee Member
Director
Senior Managing
Executive Officer
Director
Managing Executive
Officer
Director
Executive Officer
Director
Executive Officer
Director(Full-time Audit andSupervisory Committee
Member)Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member
Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member
Outside Director(Audit and Supervisory
Committee Member)
Independent Officer
Nomination andRemuneration
Committee Member

Knowledge, experience, and abilities possessed by Directors
Risk
Overall
DevelopFinance/ Human ManageLegal/business
Marketingment/
Accoun- Resources ment/
Govermanage/Sales
Production
ting
Internal
nance/Laborment
Control

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