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.

Securities code: 9037
May 31, 2021
To our shareholders:Hidenori Osuka
Representative Director and President
HAMAKYOREX CO., LTD.
1701-1 Terawaki-cho, Minami-ku, Hamamatsu-shi,
Shizuoka

Notice of the 50th Annual General Meeting of Shareholders
We would like to express our appreciation for your continued support and patronage.
We hereby notify that the 50th Annual General Meeting of Shareholders of HAMAKYOREX CO., LTD. (the“Company”) will be held as indicated below.
With respect to this General Meeting of Shareholders, you may exercise your voting rights in writing or by theInternet, etc. Please review the attached Reference Documents for General Meeting of Shareholders, and exercise
your voting rights in accordance with “Instructions for Exercise of Voting Rights” (Japanese Only).
1. Date and Time: Tuesday, June 15, 2021, 10:30 a.m.
2. Venue:“Ootori” Hall, 2F, Grand Hotel Hamamatsu
1-3-1 Higashiiba, Naka-ku, Hamamatsu-shi, Shizuoka
3. Purpose of the Meeting
Matters to be reported:
1 The Business Report and the Consolidated Financial Statements for the 50th fiscal year (from April 1,2020 to March 31, 2021), and the results of audits of the Consolidated Financial Statements by theFinancial Auditor and the Audit & Supervisory Board
2 The Non-Consolidated Financial Statements for the 50th fiscal year (from April 1, 2020 to March 31,2021)
Matters to be resolved:
Proposal
Election of Ten (10) Directors
4. Matters Determined Relating to Convocation
Prior notice before exercising your vote right diverselyShareholders are respectfully requested to notify the Company in writing of any diverse exercising of voting
rights and the reason therefore not later than three days before the general meeting of shareholders.

-1-1. If attending in person, please submit the enclosed voting form at the meeting reception desk.
2. Of the documents attached to this Notice of the Annual General Meeting of Shareholders, the following
materials have been made available for viewing online on our website in accordance with the relevant laws andregulations, and the stipulations of the Company’s Articles of Incorporation.
(1) Company system and policy(2) Consolidated Statement of changes in Equity(3) Notes to Consolidated Financial Statements(4) Statement of changes in equity(5) Notes to Financial Statements
3. The Consolidated and Non-Consolidated Financial Statements prepared by Audit & Supervisory Board
Member and Financial Auditor include materials contained in attachments provided with this Notice of theAnnual General Meeting of Shareholders, and notes to Consolidated Financial Statements and notes toFinancial Statements published on the Company’s website.
4. Note that if there are any modifications in the Reference Documents for General Meeting of Shareholders,Business Report, the Consolidated Financial Statements, or the Non-Consolidated Financial Statements, theywill be posted on our website (http://www.hamakyorex.co.jp/).

-2-Reference Documents for General Meeting of Shareholders
Proposal and Reference Information
Proposal
Election of Ten (10) Directors
The terms of office of all ten Directors will expire at the conclusion of this annual general meeting of shareholders.
Therefore, the Company proposes the election of ten Directors.
The candidates for Director are as follows:
CandidateNo.

Name(Date of birth)Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Feb. 1971

12

Number of theCompany’s shares
owned

Representative Director and President of theCompany
June 1984
Representative Director and President ofHamakyo
Service K.K. (current position)
Masataka Osuka
Apr. 2003
Director and Chairman of Superex Corporation(March 3, 1941)(current position)
500,000 shares
Attendance at Board ofJuly 2005
Chairman of Shizuoka Trucking Association
Directors meetings
June 2007
Representative Director and Chairman of the21/21
Company (current position)(100%)
June 2012
Deputy Chairman of Japan Trucking
AssociationNov. 2013
Chairman of The Hamamatsu Chamber ofCommerce and Industry (current position)(Reasons for nomination as a candidate for Director)
As the founder of the Company involved with its long-term management, Mr. Masataka Osuka has established asignificant level of experience and achievements. As the current Representative Director and Chairman, he provides
accurate advice on every facet of business operation based on experience. The Company proposes the election of him
based on his suitable fulfillment of his role as supervisor concerning the resolution of important matters, theadministration of business matters, and other such matters.
Apr. 1992
Joined the Company
Apr. 2001
Deputy General Manager of Sales Department
1 of the Company
May 2003
General Manager of Chubu Sales Departmentof the Company
June 2003
Director and General Manager of Chubu Sales
Department of the Company
Apr. 2006
Director and General Manager of Head OfficeHidenori Osuka
Sales Department of the Company(July 17, 1967)
June 2007
Director and Vice President of KINBUTSUREX Co., Ltd.
498,700 shares
Attendance at Board ofJune 2008
Director, Vice President, General Manager ofDirectors meetings
Administration Division, and General Manager
21/21of Corporate Planning Office of the Company(100%)
June 2009
Director of Superex Corporation (currentposition)
Jan. 2010
Representative Director and President of theCompany (current position)
Aug. 2010
Director and Chairman of KINBUTSU REX
Co., Ltd. (current position)
May 2019
Director of Shizuoka Trucking Association(current position)(Reasons for nomination as a candidate for Director)
As manager of the Company, Mr. Hidenori Osuka possesses a broad range of experience and considerable insight into
the various divisions making up the Company. The Company proposes the election of him so that the Company may
benefit from his leadership as a member of management, and for his contributions to improving corporate value andbolstering the supervisory functions of the Board of Directors.

-3-CandidateNo.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the CompanySept. 2001

3

Number of theCompany’s shares
ownedJoined the Company as Manager of AccountDepartment
May 2003
Deputy General Manager of Administration
Department of the Company
June 2005
Audit & Supervisory Board Member ofSuperex Corporation (current position)
June 2005
Audit & Supervisory Board Member ofKINBUTSU REX Co., Ltd.
June 2005
Executive Officer, General Manager ofAdministration Department, and General
Manager of Corporate Planning Office of theCompany
Apr. 2007
Executive Officer, General Manager ofAccounting Department, and General Managerof Corporate Planning Office of the Company
June 2007
Director, General Manager of Accounting
Department, and General Manager of Corporate
Hiroyasu Yamazaki
Planning Office of the Company(December 22, 1969)
June 2008
Director, General Manager of Development
17,900 shares
Attendance at Board ofDivision, and General Manager of Internal
Directors meetings
Controls Office of the Company
21/21
Oct. 2009
Director, Executive Officer, General Manager(100%)of Development Division, and General
Manager of Internal Controls Office of theCompany
Apr. 2012Managing Director, Executive Officer, General
Manager of Administration Division, andGeneral Manager of Internal Controls Office ofthe Company
Sept. 2013
Managing Director, Executive Officer andGeneral Manager of Internal Controls Office ofthe Company
Aug. 2014
Senior Managing Director and Executive
Officer of the Company
June 2015
Director of KINBUTSU REX Co., Ltd.
Aug. 2015
Senior Managing Director of the Company
Apr. 2017
Senior Managing Director and General
Manager of Headquarters of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Hiroyasu Yamazaki so that the Company may benefit from his contributions
to improving corporate value based on his ample experience in the field of accounting and finance, and his experienceand achievements as General Manager of the Administration Department and General Manager of the Development
Division.

-4-Candidate
No.

Name
(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
July 1999
Apr. 201045

Number of theCompany’s shares
ownedJoined the Company
Deputy General Manager of Chubu Sales
Department 3 of the Company
Apr. 2011
General Manager of Chubu Sales Department 3of the Company
Apr. 2012
Executive Officer and Deputy General Managerof Sales Division of the Company
Apr. 2014
Executive Officer and Branch Manager ofChubu Branch of the Company
Yasuo Okutsu
Aug. 2014
Managing Executive Officer and Branch(January 21, 1972)
Manager of Chubu Branch of the Company
June 2016
Director, Managing Executive Officer and
1,300 shares
Attendance at Board ofBranch Manager of Chubu Branch of theDirectors meetings
Company21/21
Apr.
2017
Director, Managing Executive Officer, Deputy(100%)
General Manager of Headquarters and BranchManager of Chubu Branch of the Company
June 2020
Managing Director, Deputy General Managerof Headquarters and Branch Manager of Chubu
Branch of the Company
Apr. 2021
Managing Director, Deputy General Managerof Headquarters in charge of Recruitment, andBranch Manager of Chubu Branch of theCompany (current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Yasuo Okutsu so that the Group may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.
Oct. 2003
Joined the Company
Apr. 2008
Deputy General Manager of Kanto Sales
Department 3 of the Company
Apr. 2010
Executive Officer and General Manager ofKanto Sales Department 2 of the Company
Apr. 2012
Executive Officer and Deputy General Manager
Akio Arigaof Sales Division of the Company(June 8, 1964)
Apr. 2014
Executive Officer and Branch Manager ofKanto Branch of the Company
2,600 shares
Attendance at Board ofAug. 2014
Managing Executive Officer and Branch
Directors meetings
Manager of Kanto Branch of the Company
21/21
June2015
Director, Managing Executive Officer and(100%)
Branch Manager of Kanto Branch of theCompany
Apr. 2018
Director, Managing Executive Officer, incharge of sales of Headquarters and BranchManager of Kanto Branch of the Company(current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Akio Ariga so that the Group may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.

-5-

Candidate
No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the CompanyMar. 2004
Apr. 2012

6

Number of theCompany’s shares
ownedJoined the Company
Manager of Domestic Sales Development
Department, Development Division of theCompany
Apr. 2013
General Manager of Sales Development
Department of the Company
June 2014Executive Officer and General Manager ofDevelopment Headquarters of the Company
Apr. 2017
Executive Officer, General Manager ofDevelopment Division and Assistant toTsuyoshi Yamaoka
Headquarters of the Company(April 12, 1976)
Apr. 2018
Executive Officer, General Manager ofDevelopment Division and in charge of new
1,000 shares
Attendance at Board ofdevelopment at Headquarters of the Company
Directors meetings
June 2018
Director, Executive Officer, in charge of new
21/21
development
at Headquarters and General(100%)
Manager of the Development Division of theCompany
Apr. 2019
Director, Executive Officer, in charge of new
development at Headquarters and General
Manager of the New Sales ManagementDepartment of the Company
Apr. 2020
Director, Executive Officer, in charge of new
development at Headquarters and General
Manager of the Development Division of theCompany (current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Tsuyoshi Yamaoka so that the Group may benefit from his contributions toimproving corporate value based on his ample experience in substantially increasing new clients in the operations of thelogistics center (3PL) of the Company.

-6-

Candidate
No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Dec. 1999
Apr. 201078

Number of theCompany’s shares
ownedJoined the Company
Deputy General Manager of Kansai Sales
Department of the Company
Apr. 2011
General Manager of Kansai Sales Departmentof the Company
Apr. 2012
Executive Officer and General Manager of
Kansai Sales Department of the Company
Apr. 2014
Executive Officer and Branch Manager ofKansai Branch of the Company
Kiichi Nasuda
Apr. 2016
Managing Executive Officer and Branch(April 6, 1970)
Manager of Kansai Branch of the Company
June 2016
Director, Managing Executive Officer and2,900 shares
Attendance at Board ofBranch Manager of Kansai Branch of theDirectors meetings
Company20/21
Apr.
2017
Director, Managing Executive Officer, Deputy(95%)
General Manager of Headquarters, and BranchManager of Kansai Branch of the Company
Apr. 2019
Director, Executive Officer, Deputy General
Manager of Headquarters and Branch Managerof Kansai Branch of the Company
Apr. 2020
Director, Executive Officer, in charge of humanresource development at Headquarters andBranch Manager of Kansai Branch of theCompany (current position)(Reasons for nomination as a candidate for Director)
The Company proposes the election of Mr. Kiichi Nasuda so that the Group may benefit from his contributions toimproving corporate value based on his ample experience in the operations of the logistics center (3PL) of theCompany.
Apr. 1965
Joined Suzuki Motor Co., Ltd. (currentlySuzuki Motor Corporation)
Apr.
2010
Chairmanof Hamamatsu Foundation for[Outside]International
Communication and Exchange
Isamu Miyagawa
Nov. 2010
Deputy Chairman of The Hamamatsu Chamber(July 22, 1942)of Commerce and Industry
300 shares
Attendance at Board ofApr. 2013
Councilor of TOKOHA University Education
Directors meetings
Foundation (current position)
21/21
Nov. 2013
Adviser of The Hamamatsu Chamber of(100%)Commerce and IndustryJune 2016
Outside Director of the Company (currentposition)(Reasons for appointment as a candidate for outside Director and summary of expected roles)
Mr. Isamu Miyagawa has ample experience and achievements in corporate management, etc. and considerable
knowledge in finance and accounting. The Company proposes his appointment as a candidate for outside Director withthe expectation that he will contribute to improving corporate value through making use of such insights to provide
advice and proposals on Directors’ execution of duties. If his appointment is approved, the Company plans to have him,as a member of the compensation committee, be involved in deliberating the compensation for officers, etc. of theCompany from an objective and neutral standpoint.

-7-Candidate
No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Apr. 1975

Number of theCompany’s shares
ownedJoined the Hamamatsu Branch of The Shizuoka
Bank, Ltd.
June 2003
Executive Officer and General Manager of theHamamatsu Branch of The Shizuoka Bank, Ltd.
[Outside]Apr. 2007
Senior Executive Officer and Head of Western
Yoshitaka Otsu
Area Business Unit of The Shizuoka Bank, Ltd.
(December 11, 1952)
Mar. 2010Retired from The Shizuoka Bank, Ltd.
200 shares
Attendance at Board ofJuly 2016
Outside Audit & Supervisory Board Member
Directors meetings(Part-time) of SEIKO CORPORATION
21/21(current position)9(100%)
Oct. 2016
Outside Audit & Supervisory Board Member(Part-time) of TOKAI DENPUN CO., LTD.
June 2018
Outside Director of the Company (currentposition)(Reasons for appointment as a candidate for outside Director and summary of expected roles)
Mr. Yoshitaka Otsu has ample experience and achievements in corporate management, etc. and broad knowledge. The
Company proposes his appointment as a candidate for outside Director with the expectation that he will contribute toimproving corporate value through making use of such insights to provide advice and proposals on Directors’ executionof duties. If his appointment is approved, the Company plans to have him, as a member of the compensation committee,
be involved in deliberating the compensation for officers, etc. of the Company from an objective and neutral standpoint.
Apr. 1973
Entered Hamamatsu Shinkin Bank
[Outside]July 2012
Executive Director of The HamamatsuTakeshi Mori
Chamber of Commerce and Industry(August 19, 1950)
Nov. 2012Managing Director of The Hamamatsu
400 shares
Chamber of Commerce and Industry
Attendance at Board ofJune 2016
Outside Audit & Supervisory Board Member ofDirectors meetings
the Company
21/21
June 2020
Outside Director of the Company (current(100%)
10position)(Reasons for appointment as a candidate for outside Director and summary of expected roles)
Mr. Takeshi Mori has ample experience and achievements in corporate management, etc. and considerable knowledge
in finance and accounting, and he also has detailed knowledge of the operations of the Company through his auditing
work. The Company proposes his appointment as a candidate for outside Director with the expectation that he willcontribute to improving corporate value through making use of such insights to provide advice and proposals on
Directors’ execution of duties. If his appointment is approved, the Company plans to have him, as a member of thecompensation committee, be involved in deliberating the compensation for officers, etc. of the Company from an
objective and neutral standpoint.
(Notes) 1. There is no special interest between any of the above candidates and the Company.
2. Mr. Isamu Miyagawa, Mr. Yoshitaka Otsu, and Mr. Takeshi Mori are candidates for outside Director.
3. Mr. Isamu Miyagawa is currently an outside Director of the Company, and at the conclusion of this meeting, his tenure
as outside Director will have been five years.
4. Mr. Yoshitaka Otsu is currently an outside Director of the Company, and at the conclusion of this meeting, his tenure as
outside Director will have been three years.
5. Mr. Takeshi Mori is currently an outside Director of the Company, and at the conclusion of this meeting, his tenure as
outside Director will have been one year.
6. Pursuant to the provisions of Article 427, paragraph 1 of the Companies Act, the Company has entered into anagreement with Mr. Isamu Miyagawa, Mr. Yoshitaka Otsu, and Mr. Takeshi Mori to limit their liability for damages
under Article 423, paragraph 1 of the Companies Act. The maximum amount of liability for damages under thisagreement is the minimum liability amount stipulated in Article 425 paragraph 1 of the Companies Act, and theCompany plans to renew this agreement with them.
7. The Company has submitted notification to the Tokyo Stock Exchange that Mr. Isamu Miyagawa, Mr. Yoshitaka Otsu,and Mr. Takeshi Mori have been designated as independent officers as provided for by the aforementioned exchange. If
the reelection of each of the candidate is approved, the Company plans for their respective appointment as independent
officers to continue.

-8-