April 27, 2022
Company name:
Representative:
Stock ticker code:

Makita Corporation
Munetoshi Goto, President, Representative Director
6586
Notice on Partial Amendments to the Articles of Incorporation

Makita Corporation (hereinafter referred to as “Makita”) hereby announces that the Board of Directors resolved, at a
meeting held today, to submit “Partial Amendments to the Articles of Incorporation” as an agenda item to the 110th
Ordinary General Meeting of Shareholders scheduled on June 28, 2022 as follows.
1. Purpose of the Amendments to the Articles of Incorporation
The amended provisions stipulated in the proviso of Article 1 of the supplementary provisions of the Act PartiallyAmending the Companies Act (Act No. 70 of 2019) will be enforced on September 1, 2022. Accordingly, in order toprepare for the introduction of the system for electronic provision of materials for general meetings of shareholders, theArticles of Incorporation of Makita shall be amended as follows.
(1) The proposed Article 14, Paragraph 1 provides that information contained in the reference documents for thegeneral meeting of shareholders, etc. shall be provided electronically.
(2) The purpose of the proposed Article 14, Paragraph 2 is to establish a provision to limit the scope of matters tobe included in the paper copy to be sent to shareholders who have requested it.
(3) The provisions related to the disclosure through the Internet and deemed delivery of reference documents forgeneral meeting of shareholders (Article 14 of the current Articles of Incorporation) will become unnecessary
and will therefore be deleted.
(4) In line with the above establishment and deletion of the provisions, supplementary provisions related to theeffective date, etc. shall be established.
2. Details of the Amendments to the Articles of Incorporation
The details of the amendments are as shown in the attachment.
3. Schedule
Date of the General Meeting of Shareholders to discuss the amendments to the Articles of Incorporation:
June 28, 2022 (schedule)
Effective date of the amendments to the Articles of Incorporation:
June 28, 2022 (schedule)

English translation of press release originally issued in Japanese language

1<Attachment>

Current Articles of Incorporation
Article 14. (Disclosure through the Internet and deemed
delivery of reference documents for general meeting ofshareholders)
In convening a general meeting of shareholders, the Companymay be deemed to have provided shareholders with necessary
information that should be described or indicated in reference
documents for the general meeting of shareholders, business
reports, non-consolidated financial statements andconsolidated financial statements, on the condition that suchinformation is disclosed through the Internet in accordancewith the Ministry of Justice Ordinance.

(Portions to be amended are underlined.)
Proposed Amendments(Deleted)(New)

Article 14. (Measures for electronic provision, etc.)(1) In convening a general meeting of shareholders, theCompany shall provide information contained in thereference documents for the general meeting ofshareholders, etc. electronically.
(2) Among the matters to be provided electronically, theCompany may choose not to include all or part of thematters stipulated in the Ministry of Justice Ordinance inthe paper copy to be sent to shareholders who haverequested it by the record date for voting rights.

SUPPLEMENTARY PROVISIONSSUPPLEMENTARY PROVISIONS(Transitional measures concerning exemption of Audit &Supervisory Board Members from liability)
Liability limitation agreements referred to in Article 423,
Paragraph 1 of the Companies Act relating to the actions of
Outside Audit & Supervisory Board Members (includingformer Outside Audit & Supervisory Board Members)
conducted before the conclusion of the 109th ordinary general
meeting of shareholders shall be as prescribed in Article 34 of
the Articles of Incorporation prior to the amendments by
resolution of the same ordinary general meeting ofshareholders.

Article 1. (Transitional measures concerning exemption ofAudit & Supervisory Board Members from liability)
Liability limitation agreements referred to in Article 423,
Paragraph 1 of the Companies Act relating to the actions of
Outside Audit & Supervisory Board Members (includingformer Outside Audit & Supervisory Board Members)
conducted before the conclusion of the 109th ordinary general
meeting of shareholders shall be as prescribed in Article 34 of
the Articles of Incorporation prior to the amendments by
resolution of the same ordinary general meeting ofshareholders.

(New)

Article 2. (Transitional measures concerning measures forelectronic provision, etc.)(1) The deletion of Article 14 of the Articles of Incorporation
prior to the amendments and the establishment of Article
14 of the amended Articles of Incorporation shall comeinto effect on the date of enforcement of the amended
provisions stipulated in the proviso of Article 1 of thesupplementary provisions of the Act Partially Amending
the Companies Act (Act No. 70 of 2019) (the “EffectiveDate”).
(2) Notwithstanding the provisions of the preceding paragraph,
Article 14 of the Articles of Incorporation prior to theamendments shall remain in force with respect to a general
meeting of shareholders to be held on a date within six
months from the Effective Date.
(3) This article shall be deleted after the lapse of six months
from the Effective Date or the lapse of three months fromthe date of the general meeting of shareholders set forth in
the preceding paragraph, whichever is later.

English Translation of press release originally issued in Japanese2