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: 4684
June 6, 2024
To our shareholders:
Shoichi Tachibana
President and COO
OBIC Co., Ltd.
4-15 Kyobashi 2-chome,
Chuo-ku, Tokyo
Notice of the 57th Annual General Meeting of Shareholders
This is to notify you of the 57th Annual General Meeting of Shareholders of OBIC Co., Ltd. (the “Company”), which
will be held as indicated below.
When convening the Meeting, the Company takes measures for providing information that constitutes the content ofreference documents for the general meeting of shareholders, etc. (matters for which measures for providing
information in electronic format are to be taken) in electronic format, and posts this information on relevant websites.
Please access either of these websites by using the Internet address shown below to review the information.
The Company’s website:
https://www.obic.co.jp/ir/stock.html/ (in Japanese)
Website for posted informational materials for the general meeting of shareholders:
https://d.sokai.jp/4684/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 “OBIC” in “Issue name (company name)”or the Company’s securities code “4684” 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].”)If you are unable to attend the meeting in person, you may exercise your voting rights in writing or via the Internet.
Please review the attached Reference Documents for General Meeting of Shareholders, and indicate your approvalor disapproval of the proposals in the enclosed voting card, and then return the card to the Company by postal mailso that your vote is received by 5:30 p.m. on Wednesday, June 26, 2024 (JST) or access the website for the exercise
of voting rights (https://evote.tr.mufg.jp/ (in Japanese)) designated by the Company and exercise your voting rights.

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1 Date and Time: Thursday, June 27, 2024, at 10:00 a.m. (JST)2 Venue:
Convention hall, B1 floor, Obic Building, Tokyo Headquarters of the Company,
4-15 Kyobashi 2-chome, Chuo-ku, Tokyo
3 Purpose of the Meeting
Matters to be reported
1. The Business Report and the Consolidated Financial Statements for the 57th fiscal year (from April 1, 2023
to March 31, 2024), and the results of audits of the Consolidated Financial Statements by the Financial
Auditor and the Audit & Supervisory Board
2. The Non-consolidated Financial Statements for the 57th fiscal year (from April 1, 2023 to March 31, 2024)
Matters to be resolved
Proposal No. 1
Appropriation of Surplus
Proposal No. 2
Election of Seven (7) Directors
4 Arrangements in Convening the Meeting(1) If you exercise your voting rights in writing and do not indicate your approval or disapproval of a proposal,
we will assume that you have indicated your approval of the proposal.
(2) If you exercise your voting rights more than once via the Internet, the last exercise shall be deemed to bevalid.
(3) If you exercise your voting rights both in writing and via the Internet, only the vote placed via the Internet
will be treated as valid.
(4) If you exercise your voting rights by proxy, another shareholder with voting rights in the Company may
attend as your proxy. Please note, however, that it is necessary to submit a document evidencing the authorityof proxy.
- When you attend the meeting, you are kindly requested to present the voting card at the reception.
- If revisions to the matters subject to measures for electronic provision arise, a notice of the revisions and the details of the matters
before and after the revisions will be posted on the aforementioned websites.
- The notice of the general meeting of shareholders is delivered to shareholders who have made a request for the delivery of such
documents, but among the matters subject to measures for electronic provision, in accordance with the provisions of laws andregulations and Article 16 of the Articles of Incorporation of the Company, the following matters are not provided in this notice. Note
that, for this general meeting of shareholders, the notice of the general meeting of shareholders (paper-based documents stating
matters for which measures for providing information in electronic format are to be taken, excluding the following matters), will bedelivered to all shareholders regardless of whether they have made a request for delivery of such documents.
(1) Notes to the Consolidated Financial Statements(2) Individual Notes to the Non-Consolidated Financial Statements
Accordingly, the Business Report, Consolidated Financial Statements and Non-Consolidated Financial Statements included in thisdocument are a part of the subject documents that were audited by the Financial Auditor in preparing the financial auditor’s reportand by the Audit & Supervisory Board Members in preparing their audit reports.

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Reference Documents for General Meeting of Shareholders
Proposal No. 1

Appropriation of Surplus

The Company recognizes the return of profit to its shareholders as one of its key management priorities. In addition
to ensuring a solid management base and improving return on equity, the Company aims to meet its shareholders’expectations by both further enhancing the financial position and re-investing.
Regarding the appropriation of surplus for the current fiscal year, the Company has given consideration to thebusiness performance of the current fiscal year and future business development and proposes the payment of yearend dividends and other appropriation of surplus as follows:
1. Year-end dividends(1) Type of dividend property
To be paid in cash.
(2) Allotment of dividend property and their aggregate amountThe Company proposes to pay a dividend of ¥170 per common share of the Company.
In this event, the total dividends will be ¥14,955,692,880.
Since an interim dividend of ¥130 per share is already paid, the annual dividend for the current fiscal year
will be ¥300 per share.
(3) Effective date of dividends of surplus
The effective date of dividends shall be June 28, 2024.
2. Other matters concerning appropriation of surplus(1) Item of surplus to be decreased and amount of decrease
Retained earnings brought forward: ¥27,000,000,000(2) Item of surplus to be increased and amount of increase
General reserve:¥27,000,000,000-3-Proposal No. 2

Election of Seven (7) Directors

The terms of office of all eight Directors will expire at the conclusion of this meeting.
In that regard, with a view to further increase corporate value and enhance the transparency and diversity ofmanagement, the Company proposes the election of seven Directors.
The candidates for Director are as follows:
Candidate
No.

Name (Date of birth)

Career summary, position and responsibilities in the Company(Significant concurrent positions outside the Company)
Apr. 1968

1

2

Number of theCompany’s shares
owned

Established the Company
President and COO
Apr. 2003
Chairman and CEO
Reelection
Feb. 2006
Chairman and CEO, and President
2,881,000
Masahiro Noda
Apr. 2013
Chairman and CEO (current position)(August 24, 1938)[Significant concurrent positions outside the Company]
Chairman and CEO of OBIC Office Automation Co., Ltd.
Director and Chairman of OBIC Business Consultants Co., Ltd.
[Reasons for nomination as candidate for Director]
Masahiro Noda has overseen all of the Company’s business since founding the Company in 1968 and has extensive
experience and achievements in corporate management.
The Company proposes his reelection as candidate for Director for further growth of the Company by utilizing his
extensive experience and achievements in managing the Company and for strengthening the decision-making andsupervising functions of the Board of Directors.
Apr. 1985
Joined the Company
Apr. 2000
Manager of Osaka Headquarters Business
Solutions Sales Dept. #1
Feb. 2003
Manager of Tokyo Headquarters Business
Solutions Sales Dept.
Aug. 2003
Manager of Yokohama Branch
June 2004
Director
Apr. 2005
Managing Director
Reelection
Deputy Head of Tokyo Headquarters Solutions
Supervision Group
34,500
Shoichi Tachibana
Apr. 2006
Administrator of Tokyo Headquarters Solutions(April 26, 1961)
Sales Supervision Dept. and Promotion
Supervision Dept.
Apr. 2007
Senior Managing Director
Apr. 2008
Director and Vice President
Apr. 2013
President and COO (current position)[Significant concurrent positions outside the Company]
President and COO of OBIC Office Automation Co., Ltd.
Director of OBIC Business Consultants Co., Ltd.
[Reasons for nomination as candidate for Director]
Shoichi Tachibana has served as manager in the sales, marketing, and development departments, and has extensive
knowledge and experience in all areas of the Company’s solutions business. From April 2013, while serving as the
President and COO of the Company, he has been demonstrating his expertise in management and powerful businessexecution ability, which has been of help in improving the business results of the Company.
The Company proposes his reelection as candidate for Director for further growth of the Company by utilizing his
extensive experience and achievements in managing the Company and for strengthening the decision-making andsupervising functions of the Board of Directors.

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No.

Name (Date of birth)

Career summary, position and responsibilities in the Company(Significant concurrent positions outside the Company)
Apr. 1994
Apr. 2009

Apr. 2014
Apr. 2017

Reelection
Takao Fujimoto(April 7, 1971)
3

June 2017
Apr. 2018

Apr. 2019
Apr. 2020

Apr. 2021

Apr. 2022

4

Joined the Company
General Manager of Tokyo Headquarters
Business Solutions Supervision Dept. #4,
Solutions Sales Dept.
Administrator of Tokyo Headquarters Business
Solutions Supervision Dept. #1
General Manager of Tokyo Headquarters
Solutions Business Dept. #2 and #3
Director
General Manager of Tokyo Headquarters
Solutions Business Div. and General Manager
of Tokyo Headquarters Solutions Business
Dept. #4
General Manager of Solutions Business Div.
General Manager of Metropolitan Business
Dept., Deputy General Manager of Solutions
Business Div.
General Manager of Metropolitan BusinessDiv., Deputy General Manager of Solutions
Business Div.
General Manager of Kansai Business Div.
(current position)
Managing Director (current position)

Number of theCompany’s shares
owned

2,300

June 2023[Reasons for nomination as candidate for Director]
Takao Fujimoto has worked for many years in the Sales Department and has extensive knowledge and experience in the
Company’s solution business gained from proposal activities aimed at various types of customers from various fields,right from finance.
The Company proposes his reelection as candidate for Director to utilize his extensive knowledge and experience inmanaging the Company and for strengthening the decision-making and supervising functions of the Board of Directors.
Apr. 2005
Joined the Company
Apr. 2016
Administrator of Tokyo Headquarters Business
Solutions Systems Supervision Dept. #2,
Solutions Systems Supervision Dept.
Apr. 2017
General Manager of Tokyo Headquarters
Solutions Business Dept. #1
Apr. 2020
Executive Officer, General Manager ofReelection
Metropolitan Business Dept. #1 and #2
700
Apr. 2022
Executive Officer, General Manager ofTakeshi Okada
Metropolitan Business Dept. #1 and #2, and(July 1, 1981)
General Manager of System Dept.
Apr. 2023
Executive Officer, General Manager ofMetropolitan Business Dept., and Metropolitan
Business Dept. #5 and #6
June 2023
Director (current position)
Apr. 2024
General Manager of Metropolitan Business
Dept. (current position)[Reasons for nomination as candidate for Director]
Takeshi Okada has worked for many years in the Systems Department and has extensive knowledge and experience in
the Company’s solution business gained from proposal activities aimed at various types of customers from various
fields, including manufacturing and distribution.
The Company proposes his reelection as candidate for Director to utilize his extensive knowledge and experience inmanaging the Company and for strengthening the decision-making and supervising functions of the Board of Directors.

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Candidate
No.

Name (Date of birth)

Career summary, position and responsibilities in the Company(Significant concurrent positions outside the Company)
Apr. 1966

5

Number of theCompany’s shares
ownedJoined The Mitsubishi Bank, Ltd. (currently
MUFG Bank, Ltd.)
June 1993
Director of The Mitsubishi Bank, Ltd.,
Corporate Headquarters in U.S.A., Division,
General Manager of the Planning Office for theAmericas (Special Appointment: President andChairman of Bank of California)
May 1997
Managing Director and General Manager ofBusiness Planning Department of The
Mitsubishi Bank, Ltd.
June 2002
Senior Managing Director and Head ofCorporate Sales Department of The Mitsubishi
Bank, Ltd.
May 2003
Vice President and Head of Corporate Sales
Department of The Mitsubishi Bank, Ltd.
June 2004
Resigned as Vice President of The Mitsubishi
Reelection
Bank, Ltd.
1,000
Yasumasa Gomi
June 2004
Director and Chairman of Mitsubishi Securities(February 8, 1943)
Co., Ltd., (currently Mitsubishi UFJ Securities
Holdings Co., Ltd.)May 2009
Consultant of Mitsubishi UFJ Securities Co.,
Ltd. (currently Mitsubishi UFJ Securities
Holdings Co., Ltd.)
June 2009
Outside Audit & Supervisory Board Member of
The Yamagata Bank, Ltd.
Feb. 2013
Special Corporate Adviser of Mitsubishi UFJ
Securities Holdings Co., Ltd.
June 2015
Outside Director of the Company (current
position)
June 2016
Outside Director (Audit and Supervisory
Committee Member) of The Yamagata Bank,
Ltd. (current position)
Apr. 2019
Honorary Adviser of Mitsubishi UFJ Securities
Holdings Co., Ltd. (current position)[Reasons for nomination as candidate for outside Director and overview of expected roles]
Yasumasa Gomi has extensive knowledge and experience in management through his many years of service in banks
and securities companies.
The Company proposes his reelection as candidate for outside Director with the expectation that he will provide
direction to business and checking function in an objective way, independent from the managers running the business,
utilizing his extensive knowledge and achievements.
In addition, he will continue to be appointed as a member of the Nomination and Remuneration Advisory Committee
after his election.
At the conclusion of this meeting, his tenure as an outside Director will have been nine years.

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No.

Name (Date of birth)

Career summary, position and responsibilities in the Company(Significant concurrent positions outside the Company)
Apr. 1969

6

Number of theCompany’s shares
ownedRegistered as an attorney at law (currently
affiliated with Daini Tokyo Bar Association)
Nov. 1977
Partner at Masuda and Ejiri Law Office(currently Nishimura & Asahi)Sept. 1986
Vice-Chairman of the International Relations
Committee of the Japan Federation of Bar
Associations
Nov. 1998
Audit & Supervisory Board Member of K.K.
USEN Broadband Networks (currently USEN
Corporation)
June 2003
Audit & Supervisory Board Member of Aozora
Bank, Ltd.
June 2004
Auditor of ANDO Corporation (currently
HAZAMA ANDO CORPORATION)
Reelection
June 2006
Audit & Supervisory Board Member of0
KAGOME CO., LTD.
Takashi Ejiri
May 2010
Audit & Supervisory Board Member of(May 16, 1942)
Mitsubishi UFJ Securities Holdings Co., Ltd.
Audit & Supervisory Board Member of
Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd.
Outside Auditor of DIP Corporation
Aug. 2012
Partner at Nishimura & Asahi
Mar. 2017
Executive Director of ALBERT Inc.
June 2017
Outside Director of the Company (current
position)Aug. 2017
Senior Partner of ITN Partners (current
position)
Dec. 2019
Outside Director (Audit and Supervisory
Committee Member) of AXEL MARK INC.
(current position)[Reasons for nomination as candidate for outside Director and overview of expected roles]
Takashi Ejiri has been involved in corporate legal affairs as attorney at law for many years, and has extensive
knowledge and achievements as legal expert.
The Company proposes his reelection as candidate for outside Director with the expectation that he will provide
direction to business and checking function in an objective way, independent from the managers running the business,
utilizing his extensive knowledge and achievements.
The Company judges he will appropriately fulfill his duties as an outside Director based on the above reasons. He willcontinue to be appointed as a member of the Nomination and Remuneration Advisory Committee after his election.
At the conclusion of this meeting, his tenure as an outside Director will have been seven years.

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Candidate
No.

Name (Date of birth)

Career summary, position and responsibilities in the Company(Significant concurrent positions outside the Company)
Apr. 1981

7

Notes:

1.
2.

3.

4.

Number of theCompany’s shares
ownedJoined The Mitsubishi Bank, Ltd. (currently
MUFG Bank, Ltd.)
Nov. 1984
Joined Citibank, N.A., Tokyo Branch, CapitalMarkets Division
Apr. 1992
Joined CIBC Wood Gundy (currently CIBC
Securities Inc.) Tokyo Branch, General
Manager of Capital Markets Dept.
Nov. 1998
Joined ABN AMRO Bank, Tokyo Branch,
General Manager of Health Care Dept.,
Corporate Finance Div.
Nov. 2005
Professor, Tohoku University School ofReelection
Medicine
0Aug. 2006
Visiting Professor, Institute of Advanced
Mime Egami
Biomedical Engineering and Science, Tokyo(September 14, 1957)
Women’s Medical University
Oct. 2015
Auditor, New Energy and Industrial
Technology Development Organization
Oct. 2015
Adjunct Professor, Pharmaceutics andPharmaceutical Chemistry, University of Utah
(current position)
Mar. 2017
Established Organization of Cell Sheet Tissue
Engineering Regenerative Medicine Initiative,
Executive for Operations (current position)
June 2023
Outside Director of the Company (current
position)[Reasons for nomination as candidate for outside Director and overview of expected roles]
Mime Egami has diversified and multifaceted experience ranging from international finance to the promotion ofadvanced technology development and management auditing.
The Company proposes her reelection as candidate for outside Director with the expectation that she will provide
direction to business and checking function in an objective way, independent from the managers running the business,
utilizing her extensive knowledge and achievements.
The Company judges she will appropriately fulfill her duties as an outside Director based on the above reasons.
At the conclusion of this meeting, her tenure as an outside Director will have been one year.
There is no special interest between any of the candidates and the Company.
Yasumasa Gomi, Takashi Ejiri and Mime Egami are candidates for outside Director. The Company has submitted
notification to the Tokyo Stock Exchange, Inc. that Yasumasa Gomi, Takashi Ejiri and Mime Egami have been designatedas independent officers as provided by the aforementioned exchange.
Pursuant to the provisions of Article 427, paragraph 1 of the Companies Act, the Company has entered into agreementswith Yasumasa Gomi, Takashi Ejiri and Mime Egami to limit their liability for damages under Article 423, paragraph 1 ofthe same Act. The maximum amount of liability for damages under these agreements is the minimum liability amountprovided for under laws and regulations. If their reelections are approved, the Company plans to renew the aforementioned
agreements with them.
Mime Egami is a candidate for outside Director (Audit and Supervisory Committee Member) for appointment as a Director
at the 63rd Annual General Meeting of Shareholders of Hogy Medical Co., Ltd., to be held on June 20, 2024.

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Information for reference●Structure and skills matrix of Directors and Audit and Supervisory Board Members if Proposal No. 2 is approved
Skill
Accounting
andfinance

ESG(Environmental,
Social,and
Governance)

Name

Position, etc.

GenderMasahiro

Chairman and
CEO

Male

●

●

●

●

TachibanaPresident and
COO

Male

●

●

●

●

●

Takao
Fujimoto

Managing
Director

Male

●

●

Takeshi
Okada

Director

Male

●

●

OutsideDirector

Male

●

●

Ejiri

OutsideDirector

Male

Mime
Egami

OutsideDirectorFemale

●

Male

●

Noda
Shoichi

Director

Corporate
management

BusinessInnovation
and~Destructionindustryandexperience
Creation~

Yasumasa
Gomi
TakashiAkira
Koyamachi
Audit &
Supervisory Takeo
Board
TanakaMemberShigetsugu
YamadaStanding Audit& Supervisory
Board member
Outside Audit& Supervisory
Board Member
Outside Audit& Supervisory
Board Member

●

Legal

●

●
●

Male

●

Male

●

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●

●

●