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: 4345
May 29, 2020
To our shareholders:Taizo Yokoshima
Representative Director and President
CTS Co., Ltd.
115, Kosato, Ueda-shi, Nagano

Notice of the 30th Annual General Meeting of Shareholders
You are cordially invited to attend the 30th Annual General Meeting of Shareholders of CTS Co., Ltd. (the“Company”), which will be held as indicated below.
Instead of attending 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 exercise your voting
rights by 6:00 p.m. on Thursday, June 18, 2020 (JST).
1. Date and Time: Friday, June 19, 2020, at 10:00 a.m. (JST)
2. Place:
UEDA TOKYU REI HOTEL, 3F “Shinano”
4-24-1, Tenjin, Ueda-shi, Nagano
3. Purpose of the Meeting:
Matters to be reported:
1. The Business Report and the Consolidated Financial Statements for the 30th fiscal year (from April 1,2019 to March 31, 2020), 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 30th fiscal year (from April 1, 2019 to March 31, 2020)
Matter to be resolved:
Proposal No. 1
Election of Six Directors
Proposal No. 2
Election of One Audit & Supervisory Board Member
Information on matters posted on the Company’s website
1. Among the documents to be provided with this notice, the items below are posted on the Company’s website(https://www.cts-h.co.jp/) pursuant to laws and regulations, as well as Article 14 of the Articles ofIncorporation.
(1) Consolidated Statement of Changes in Shareholders’ Equity and Notes to Consolidated Financial
Statements(2) Non-consolidated Statement of Changes in Shareholders’ Equity and Notes to Non-consolidated Financial
Statements
In addition, these items are included in the Consolidated Financial Statements and Non-consolidated Financial
Statements, which have been audited by Audit & Supervisory Board Members to prepare the audit report andby Financial Auditor to prepare the accounting audit report.
2. Any corrections in the Reference Documents for General Meeting of Shareholders, Business Report,
Consolidated Financial Statements or Non-consolidated Financial Statements will be posted on the Company’s
website (https://www.cts-h.co.jp/).

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Measures to Prevent the Spread of novel coronavirus disease (COVID-19)
We have established the following policies for this year’s General Meeting of Shareholders in order to prevent thespread of COVID-19 and protect our shareholders.
- We strongly recommend that you exercise your voting rights in writing or via the Internet without attending themeeting to avoid the risk of the infection.
- Shareholders who are elderly, have any underlying disease, or are pregnant are strongly requested to exercise
careful judgment, as people in such conditions are perceived to be significantly affected by the infection.
- We ask all shareholders attending the meeting to wear a mask and use the alcoholic disinfectant spray that will
be provided at the venue.
- Officers and management staff attending the General Meeting of Shareholders will be wearing masks.
- Please refer to our website (https://www.cts-h.co.jp/) for details of the precautions and requests we haveestablished for holding the General Meeting of Shareholders.

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Proposals and Reference Information
Proposal No. 1

Election of Six Directors

The terms of office of all five currently serving Directors will expire at the conclusion of this meeting. In thatregard, the Company proposes the election of six Directors, increasing the number of Directors by one to enhance
the management system.
The candidates for Director are as follows:
CandidateNo.

Name(Date of birth)

Taizo Yokoshima(June 9, 1960)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Sept. 1980
July 1990
July 1995
June 2001
Apr. 2003
Jan. 2017

12

Joined the Company
DirectorSenior Managing Director
Representative Director and Vice President
Representative Director and President (currentposition)
Representative Director and President ofRentarise Corporation (current position)
Representative Director of CTS Linetech
Corporation (current position)

Number of theCompany’s shares
owned

76,800(Reasons for nomination)
Taizo Yokoshima served as Director of the Company from 1990 and has been serving as Representative Director andPresident since 2003. He established the management policy which the Company is to pursue, demonstrated strong
leadership and decisiveness to realize it, and expanded business operations. The Company has determined that he will
be able to achieve sustainable corporate growth and increase corporate value in the medium to long term as his
experience, achievements and insight can be applied to the Company’s management. Accordingly, the Company
nominated him as a candidate for Director.
July 2000
Joined the Company
July 2013
General Manager of Matsumoto BranchApr. 2017
Executive Officer (current position)
Oct. 2017
General Manager of Tokai and Koshin Sales
Hideki Akiyama
Department
6,215(April 5, 1976)
Jan. 2019
General Manager of Tokai Sales Department(current position)
Feb. 2019
General Manager of Kinki Sales Department
June 2019
Director of the Company (current position)(Reasons for nomination)
Hideki Akiyama has contributed to business expansion as the person responsible for the sales department, and currently
promotes sales activities as the General Manager of the Tokai Sales Department. The Company has determined that hewill be able to achieve sustainable corporate growth and increase corporate value in the medium to long term as hisexperience, achievements and insight can be applied to the Company’s management. Accordingly, the Company
nominated him as a candidate for Director.

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No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
June 2002
June 2015

Kazutoshi Kanai(November 29, 1977)
345

Apr. 2016
Apr. 2017
Sept. 2018

Joined the Company
Acting General Manager of IT Infrastructure
Team, Business Management Division
General Manager of System Business
Promotion Department
Executive Officer (current position)
General Manager of System Business
Management Department (current position)
Director of the Company (current position)

Number of theCompany’s shares
owned

15,715June 2019(Reasons for nomination)
Kazutoshi Kanai has contributed to business expansion as the person responsible for the System Business, which is themainstay business, and currently promotes revenue expansion as the General Manager of the System Business
Management Department. The Company has determined that he will be able to achieve sustainable corporate growthand increase corporate value in the medium to long term as his experience, achievements and insight can be applied tothe Company’s management. Accordingly, the Company nominated him as a candidate for Director.
Jan. 2014
Joined the Company
June 2017
Director of Rentarise Corporation (currentposition)
Jan. 2018
General Manager of Corporate Planning
Department (current position)* Ren Yokoshima–(June 6, 1987)
Apr. 2018
Director of CTS Linetech Corporation (currentposition)
July 2018
General Manager of House Fittings Department(current position)
Apr. 2019
Executive Officer (current position)(Reasons for nomination)
Ren Yokoshima has worked in the Corporate Planning Department since joining the Company in 2014, and has
contributed to strengthening the management base in his current position as General Manager of the Corporate Planning
Department. He has also worked on initiatives to improve earnings as the person responsible for the House Fittings
Department. The Company has determined that he will be able to achieve sustainable corporate growth and increase
corporate value in the medium to long term as his experience, achievements and insight can be applied to theCompany’s management. Accordingly, the Company nominated him as a candidate for Director.
Apr. 1971
Joined Honda Motor Co., Ltd.
Apr. 2006
General Manager of Regional Operations(South America) Planning Office
Apr. 2008
Joined NISSIN KOGYO CO., LTD.
General Manager of General Affairs
Akihiko Kishimoto
Department, Accounting Department, and HR871(January 1, 1953)
Development Department
June 2008
DirectorJune 2011
Managing Director and Chief Operating Officerof Corporate Planning & Business Management
June 2017
Director of the Company (current position)(Reasons for nomination)
Akihiko Kishimoto has held important posts such as Director of the corporate planning & business management during
his time at Honda Motor Co., Ltd. and NISSIN KOGYO CO., LTD., and has been supervising management through hisobjective opinions and decision making, based on his insight into corporate management, at meetings of the Board ofDirectors. The Company has determined that he will continue to be able to further strengthen the functions of the Boardof Directors from a fair standpoint. Accordingly, the Company nominated him as a candidate for outside Director. He iscurrently an outside Director of the Company, and at the conclusion of this meeting, his tenure will have been threeyears.

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No.

Name(Date of birth)

Career summary, position and responsibility in the Company,and significant concurrent positions outside the Company
Apr. 1975
Sept. 2006Masaharu Miyasaka(January 29, 1953)

Sept. 2008
Sept. 2010
Sept. 2014
Sept. 2016

6

Joined SHINSHU HAM CO., LTD.
Executive Officer and General Manager ofSales Division
Director
Managing DirectorSenior Managing Director and General
Manager of Business Division
Representative Director and President (currentposition)
Director of the Company (current position)

Number of theCompany’s shares
owned–June 2019
(Reasons for nomination)
Masaharu Miyasaka is currently playing an active role as Representative Director and President of SHINSHU HAMCO., LTD., and has been supervising management through his objective opinions and decision making, based on hisinsight into corporate management, at meetings of the Board of Directors. The Company has determined that he willcontinue to be able to further strengthen the functions of the Board of Directors from a fair standpoint. Accordingly, theCompany nominated him as a candidate for outside Director. He is currently an outside Director of the Company, and atthe conclusion of this meeting, his tenure will have been one year.
(Notes) 1. New candidates for Director are indicated by an asterisk (*).
2. There is no special interest between any of the candidates and the Company.
3. Akihiko Kishimoto and Masaharu Miyasaka are candidates for outside Director.
4. The Company has entered into an agreement with Akihiko Kishimoto and Masaharu Miyasaka to limit their liability fordamages under Article 423, paragraph (1) of the Companies Act. The maximum amount of liability for damages under
this agreement is the amount provided for under laws and regulations. If this proposal is approved and adopted and thetwo candidates are reelected, the Company plans to renew this agreement with them.
5. The Company has submitted notification to the Tokyo Stock Exchange that Akihiko Kishimoto and Masaharu Miyasaka
have been designated as independent officers as provided for by the aforementioned exchange. If this proposal isapproved and adopted and they are reelected, the Company plans for their appointment as independent officers tocontinue.
6. The number of the Company’s shares owned includes the candidate’s holdings through CTS Officers’ Shareholding
Association.

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Proposal No. 2

Election of One Audit & Supervisory Board Member

At the conclusion of this meeting, the term of office of the Audit & Supervisory Board Member Hiromichi Sasakiwill expire. The Company therefore proposes the election of one Audit & Supervisory Board Member.
In addition, the consent of the Audit & Supervisory Board has been obtained for this proposal.
The candidate for Audit & Supervisory Board Member is as follows:
Name(Date of birth)
Hiromichi Sasaki(November 13, 1960)

Career summary, significant concurrent positions outside the Company, andposition in the Company
Apr. 1995
Apr. 1998

Registered as an attorney at law
Established Hiromichi Sasaki Law Office (currentlySASAKI LAW OFFICE), senior partner (current position)
Audit & Supervisory Board Member (current position)

Number of theCompany’s sharesowned–June 2008
(Reasons for nomination)
Hiromichi Sasaki has professional knowledge as a lawyer in general legal affairs including corporate legal affairs. The Company has
determined that he will be able to audit the performance and duties of Directors from an impartial and fair perspective, and has
therefore nominated him as a candidate for outside Audit & Supervisory Board Member. He has never in the past been involved in
the management of a company except as an outside officer. However, the Company judges he will appropriately fulfill his duties as
an outside Audit & Supervisory Board Member based on the above reasons. He is currently an outside Audit & Supervisory Board
Member of the Company, and at the conclusion of this meeting, his tenure will have been 12 years.
(Notes) 1. There is no special interest between Hiromichi Sasaki and the Company.
2. Hiromichi Sasaki is a candidate for outside Audit & Supervisory Board Member.
3. The Company has entered into an agreement with Hiromichi Sasaki 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 amountprovided for under laws and regulations. If this proposal is approved and adopted and he is reelected, the Company
plans to renew this agreement with him.
4. The Company has submitted notification to the Tokyo Stock Exchange that Hiromichi Sasaki has been designated as anindependent officer as provided for by the aforementioned exchange. If this proposal is approved and adopted and he isreelected, the Company plans for his appointment as an independent officer to continue.

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