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: 8563
May 30, 2024
To our shareholders:
Takao Suzuki
Director, Chairman and President
THE DAITO BANK, LTD.
19-1, Nakamachi, Koriyama City, Fukushima

NOTICE OF CONVOCATION OF THE 119TH ANNUAL GENERAL MEETING OF
SHAREHOLDERS
We are pleased to announce the 119th Annual General Meeting of Shareholders of THE DAITO BANK, LTD. (the“Bank”). The meeting will be held for the purposes as described below.
When convening this General Meeting of Shareholders, the Bank takes measures to provide the information that
constitutes the content of reference documents for the general meeting of shareholders, etc. (matters for whichmeasures for providing information in electronic format are to be taken) in electronic format. This information isposted on the following websites. Please access one of the websites to view the information.
Bank’s website (in Japanese): https://www.daitobank.co.jp(After accessing the above website, please select “About Daito Bank,” “Shareholder/Investor Information,”“Materials for General Meeting of Shareholders,” then “119th Annual General Meeting of Shareholders.”)
In addition to the Bank’s website, matters subject to measures for electronic provision are also published on theTokyo Stock Exchange (TSE) website, which can be accessed at the address below.
TSE website (Listed Company Search) (in Japanese):https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show(Access the TSE website by using the internet address shown above, enter “DAITO BANK” in “Issue name (company
name)” or the Bank’s securities code “8563” in “Code,” and click “Search.” Then, click “Basic information” andselect “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].”)
We may take necessary measures at our discretion to ensure the safety of shareholders, depending on the situation on
the day of the meeting. We appreciate your understanding and cooperation.
If you are unable to attend the meeting in person, you may exercise your voting rights in writing or via the internet.
When exercising your voting rights in writing or via the internet, please exercise your voting rights in accordancewith the “Instructions for Exercising Voting Rights” on pages 3 to 5 of the Japanese version (in Japanese only) by
5:00 p.m. Thursday, June 20, 2024 (JST).

-1-1. Date and Time: Friday, June 21, 2024, at 10:00 a.m. (JST)
2. Place:
6F, Main Conference Room, Head Office of the Bank
19-1, Nakamachi, Koriyama City, Fukushima
3. Meeting Agenda:
Matters to be reported:
1. The Business Report and Non-consolidated Financial Statements for the Bank’s 119th Fiscal Year (from
April 1, 2023 to March 31, 2024)
2. Consolidated Financial Statements for the Bank’s 119th Fiscal Year (from April 1, 2023 to March 31, 2024)
and results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit andSupervisory Committee
Proposals to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Five (5) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)
Proposal No. 3:
Election of Five (5) Directors Who Are Audit and Supervisory Committee Members- When attending the meeting, please submit the Voting Rights Exercise Form to the reception desk. Reference materials for the general
meeting of shareholders will not be provided at the meeting. We ask that you download and print them out.
- The Bank has adopted Smart Voting. Please refer to page 4 of the Japanese version (in Japanese only).
- Of the documents to be provided with this Convocation Notice, the following matters are omitted in this Convocation Notice and thepaper-based documents to be delivered to shareholders who requested the delivery of paper-based documents as they are posted on
the Bank’s website (https://www.daitobank.co.jp/) and on the TSE website in accordance with laws and regulations and Article 16 of
the Articles of Incorporation of the Bank. The Audit and Supervisory Committee and the Accounting Auditor have audited the
documents subject to audit, including the following matters.
1) Non-consolidated Statement of Changes in Shareholders’ Equity
2) Notes to Non-consolidated Financial Statements
3) Consolidated Statement of Changes in Shareholders’ Equity
4) Notes to Consolidated Financial Statements- If any revisions are made to the matters subject to measures for electronic provision, a notice of the revisions and the details of thematters before and after the revisions will be posted on the Bank’s website and the TSE website stated above.

-2-

Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal No. 1

Appropriation of Surplus

The Bank proposes the appropriation of surplus as follows.
Matters concerning year-end dividends
With regard to the year-end dividends for the 119th fiscal year, comprehensively taking into account continuing toprovide stable dividends and the business results of the Bank for the fiscal year under review, the Bank proposes asfollows.
In addition, internal reserves will continue to be used efficiently for effective investments, etc., in order to enhance
the Bank’s operational foundations and strengthening the management structure.
1. Dividend asset type
Cash
2. Matters concerning the allotment of dividend property to shareholders and the total amount
30 yen per share of common stock, for a total of 380,625,840 yen
3. Effective date of distribution of surplus
June 24, 2024

-3-

Proposal No. 2

Election of Five (5) Directors (Excluding Directors Who Are Audit and Supervisory Committee
Members)

The terms of office of all five (5) Directors (excluding Directors who are Audit and Supervisory Committee Members;
applicable to the rest of this proposal) will expire at the conclusion of this Annual General Meeting of Shareholders.
In that regard, the Bank proposes the election of five (5) Directors.
The Audit and Supervisory Committee has given its opinion that this proposal is in accordance with the policy fornominating candidates for Director of the Bank, the candidates for Director were appropriately selected following
deliberations by the Nomination and Remuneration Committee and each candidate is qualified to serve as a Directorof the Bank.
The candidates are as follows:
No.
1

Name
Takao Suzuki

2

Yasuhiro Oka

3Mitsuo Furukawa

Positions and roles at the Bank
Reelection
InsideReelection

Director, Chairman and President (Representative Director), in
charge of Securities and International Division and Audit
Division
Senior Managing Director (Representative Director), in charge

Insideof Human Resources and General Affairs Division and Business
Development Division

Reelection

Managing Director, General Manager of Corporate Planning
Division, in charge of Corporate Planning Division and Credit

InsideDivision

4

Tasuku Suzuki

Reelection
InsideDirector
General Manager of Operation and Banking systems Division

5

Takayuki Oyagi

New election
InsideExecutive Officer
General Manager of Credit Division

Reelection: Candidate for Director to be reelected
New election: Candidate for Director to be newly elected
Inside: Candidate for Inside Director

-4-

No.

1

2

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1976
Joined the Bank
Feb. 1996
General Manager of Uneme BranchMar. 1998
Deputy General Manager of Head Office
Apr. 2001
General Manager of Nihonmatsu BranchMar. 2003
Asahi Area Manager and General Manager ofAsahi Branch
June 2004
Managing Director
Takao Suzuki(November 15, 1953)
June 2008
Senior Managing Director
24,538 shares
Reelection
June 2010
Director and President (Representative
InsideDirector)
June 2023
Director and Chairman (Representative
Director)
Mar. 2024
Director, Chairman and President(Representative Director)
To the present
Roles: Securities and International Division and Audit Division<Reasons for nomination as a candidate for Director>
Mr. Suzuki possesses a wealth of business knowledge and experience through his services as Branch General Manager,
and since becoming Managing Director in 2004, he has amassed abundant management experience through holding
positions as Senior Managing Director and Director and President. Therefore, the Bank believes that he is capable ofconducting the Bank’s business management in an accurate, fair, and efficient manner, and thus proposes his reelection
as Director.
Apr. 1974
Joined the Bank
Mar. 1999
General Manager of Ishikawa Branch
Apr. 2001
General Manager of Kawamata BranchMar. 2003
General Manager of Shirakawa Branch
June 2004
General Manager of Credit Management
Division
Yasuhiro Oka
July 2008
Executive Officer and General Manager of(November 30, 1955)
Credit Division
14,457 shares
Reelection
June 2010
Director and General Manager of Credit
InsideDivision
June 2013
Managing Director (Representative Director)
June 2022
Senior Managing Director (Representative
Director)
To the present[Roles] Human Resources and General Affairs Division andBusiness Development Division<Reasons for nomination as a candidate for Director>
Mr. Oka possesses a wealth of business knowledge and experience through his services as Branch General Manager andGeneral Manager of Credit Management Division and Credit Division, and since becoming a Director in 2010, he has
amassed abundant management experiences through holding positions as Managing Director. Therefore, the Bank
believes that he is capable of conducting the Bank’s business management in an accurate, fair, and efficient manner, andthus proposes his reelection as Director.
Name(Date of birth)

-5-

No.

3

4

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1984
Joined the Bank
July 2002
General Manager of Tsurumidan Branch
July 2005
Koriyama A Area Manager, General Manager
of Hohaccho Branch, and General Manager ofKoharada Branch
July 2008
Iwaki Area Manager and General Manager of
Taira Branch
June 2012
Executive Officer, Northern Area Manager, andGeneral Manager of Fukushima Branch
July 2013
Executive Officer, General Manager of Credit
Division, and General Manager of Credit
Mitsuo Furukawa
Management Division(June 10, 1961)
July 2014
Executive Officer and General Manager of
10,719 shares
Reelection
Head Office
InsideJune 2016
Director and General Manager of Head Office
July 2017
Director and General Manager of Business
Promotion Division
July 2020
Managing Executive Officer and General
Manager of Business Development Division
June 2022
Managing Director and General Manager ofBusiness Development Division
June 2023
Managing Director and General Manager ofCorporate Planning Division
To the present
Roles: Corporate Planning Division and Credit Division<Reasons for nomination as a candidate for Director>
Mr. Furukawa possesses a wealth of business knowledge and experience through his services as Branch General
Manager, General Manager of Credit Division and Credit Management Division, General Manager of Head Office, andGeneral Manager of Business Promotion Division, and he has been appropriately fulfilling his duties. Based on theexperience and knowledge, the Bank believes that he is capable of conducting the Bank’s business management in an
accurate, fair, and efficient manner, and thus proposes his reelection as Director.
Apr. 1997
Joined the Bank
July 2011
Deputy Manager of Corporate Planning
Division
Oct. 2013
Deputy Manager of Operation Division
July 2014
Deputy Manager of Banking systems Division
and Deputy Manager of Operation Division
Tasuku Suzuki
July 2016
Deputy General Manager of Corporate(February 21, 1975)
5,495 shares
Planning Division
Reelection
July 2020
General Manager of Human Resources andInsideGeneral Affairs Division
June 2022
Executive Officer, General Manager of Human
Resources and General Affairs Division
June 2023
Director and General Manager of Operation andBanking systems Division
To the present<Reasons for nomination as a candidate for Director>
Mr. Suzuki possesses a wealth of business knowledge and experience through his services as Deputy General Manager
of Corporate Planning Division and General Manager of Human Resources and General Affairs Division and has been
appropriately fulfilling his duties. Based on the experience and knowledge, the Bank believes that he is capable ofconducting the Bank’s business management in an accurate, fair, and efficient manner, and thus proposes his reelection
as Director.
Name(Date of birth)-6-

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1984
Joined the Bank
Apr. 2003
General Manager of Tsurumidan Branch and
Deputy General Manager of Koriyama Kaisei
BranchJune 2004
General Manager of Shinshirakawa Ekimae
Branch and Deputy General Manager of
Shirakawa Branch
July 2007
General Manager of Utsunomiya Branch
July 2008
General Manager of Utsunomiya Branch andGeneral Manager of Utsunomiya Loan Center
July 2010
Asaka Area Manager and General Manager of
Asaka Branch
July 2012
Aizu Area Manager and General Manager of
Takayuki Oyagi
Aizu Branch(June 13, 1961)
9,358 shares
New election
July 2014
Deputy General Manager of Credit
InsideManagement Division and Deputy General
Manager of Credit Division
5
July 2015
Deputy General Manager of Credit Division
Apr. 2016
Asahi Area Manager, General Manager ofAsahi Branch, and General Manager of Wakaba
BranchJune 2018
Attached to Human Resources and General
Affairs Division and Seconded to THE DAITOLEASING, LTD. (Director and President)
July 2020
General Manager of Credit Division
June 2021
Executive Officer and General Manager ofCredit Division
To the present<Reasons for nomination as a candidate for Director>
Mr. Oyagi possesses a wealth of business knowledge and experience through his services as Branch General Manager
and General Manager of Credit Division, and he has been appropriately fulfilling his duties. Based on the experienceand knowledge, the Bank believes that he is capable of conducting the Bank’s business management in an accurate, fair,and efficient manner, and thus proposes his election as Director.
(Note) There is no special interest between each candidate for Director and the Bank.
No.

Name
(Date of birth)-7-

Proposal No. 3

Election of Five (5) Directors Who Are Audit and Supervisory Committee Members

The terms of office of all five (5) Directors who are Audit and Supervisory Committee Members will expire at theconclusion of this Annual General Meeting of Shareholders. In that regard, the Bank proposes the election of five (5)Directors who are Audit and Supervisory Committee Members.
The Audit and Supervisory Committee has previously given its approval to this proposal.
The candidates for Director who is an Audit and Supervisory Committee Member are as follows:
No.
1

2

Name
Hirokatsu Watanabe

Toshinori Uryu

Positions and roles at the Bank
Reelection
InsideReelection
OutsideIndependent

Director who is an Audit and Supervisory Committee Member(Full-Time)
Director who is an Audit and Supervisory Committee Member(Outside)

New election
3

Yoshitake Matsumoto

4

Takanori Kanari

OutsideIndependent
New election

5

Kaori Suganami

OutsideIndependent
New election
OutsideIndependent
New election: Candidate for Director to be newly elected as Audit and Supervisory Committee Member
Reelection: Candidate for Director to be reelected as Audit and Supervisory Committee Member
Inside: Candidate for Inside Director
Outside: Candidate for Outside Director
Independent: Independent Officer (to be) registered with the stock exchanges

-8-

No.

1

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1983
Joined the Bank
Aug. 2003
General Manager of Nishikawa Branch
July 2005
Deputy General Manager of General Affairs
Division
July 2008
General Manager of General Affairs Division
Hirokatsu Watanabe
July 2012
General Manager of Tokyo Branch and General(March 21, 1961)
5,920 shares
Manager of Tokyo Office
Reelection
July 2014
General Manager of General Affairs Division
InsideJune 2015
Executive Officer and General Manager ofGeneral Affairs Division
June 2020
Director who is an Audit and Supervisory
Committee Member (Full-Time)To the present<Reasons for nomination as a candidate for Audit and Supervisory Committee Member>
Mr. Watanabe possesses a wealth of business knowledge and experience through his services as Branch General
Manager, General Manager of Tokyo Branch and General Manager of Tokyo Office, and Deputy General Manager andGeneral Manager of the General Affairs Division and involvement with human resource management and staff
development and capacity building. Based on this track record, the Bank has judged that he is qualified to supervise theexecution of the Bank’s business, and thus proposes his reelection as a Director who is an Audit and Supervisory
Committee Member.
Name(Date of birth)

-9-

No.

2

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1981
Joined F-COM Co., Ltd.
May 1991
General Manager
June 1992
Director
June 1998
Managing Director
June 2001
Managing Executive Officer
June 2003
Managing Director
June 2009
Senior Managing Director
June 2015
Representative Director, President and COO
June 2021
Representative Director and Vice Chairman
Director and Vice President of F-COM
Holdings Co., Ltd.
Toshinori Uryu
(July 22, 1958)
Representative Director and President of
1,000 shares
Reelection
MYCOM Co., Ltd.
OutsideRepresentative Director and President of AIZU
Independent
F-COM Co., Ltd.
June 2023
Director who is an Audit and Supervisory
Committee Member (Outside) of the Bank
Apr. 2024
Director and Advisor of F-COM Co., Ltd.
To the present
Significant concurrent positions outside the Bank
Director and Advisor of F-COM Co., Ltd.
Director and Vice President of F-COM Holdings Co., Ltd.
Representative Director and President of MYCOM Co., Ltd.
Representative Director and President of AIZU F-COM Co.,Ltd.
<Reasons for nomination as a candidate for Director who is an Audit and Supervisory Committee Member and outline
of expected role>
Mr. Uryu has served as Representative Director and President of F-COM Co., Ltd. for many years and also serves as
Director and Vice President of F-COM Holdings Co., Ltd. He has extensive experience and diverse discernment as acorporate manager. Based on this track record, the Bank has judged that he is qualified to supervise the execution of theBank’s business, such as expressing his opinion objectively from an independent and neutral position, and thus
proposes his reelection as an Outside Director who is an Audit and Supervisory Committee Member.
<Supplementary explanation regarding independence>
The Bank has transactions involving deposits and loans with F-COM Co., Ltd., where Mr. Uryu is a director; however,these account for a negligible percentage of F-COM Co., Ltd.’s total assets, and the Bank judges that there is no special
interest. In addition, Mr. Uryu satisfies the standards for independence stipulated by the Tokyo Stock Exchange andcriteria of independence for Outside Directors established by the Bank, the Bank has judged that he has highindependence from management. The Bank has appointed him as an Independent Officer and submitted a notificationof the appointment to the same exchange.
<Term of office as Director who is an Audit and Supervisory Committee Member>
Mr. Uryu currently serves as an Audit and Supervisory Committee Member of the Bank. His term of office as Audit andSupervisory Committee Member will be one (1) year at the conclusion of this year’s Annual General Meeting of
Shareholders.
Name(Date of birth)- 10 -

No.

3

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1986
Joined the Bank of JapanMay 1994
Representative Office in London
July 2007
Head of Monetary Division of Osaka Branch
July 2009
General Manager of Kofu Branch
July 2012
Associate Director-General of Payment andSettlement Systems Department
Apr. 2014
Associate Director-General of Secretariat of the
Policy Board
June 2015
Seconded to Deposit Insurance Corporation of
Yoshitake Matsumoto
Japan(August 30, 1962)
0 shares
New election
June 2017
General Manager of Bank of Japan Fukuoka
OutsideBranchIndependent
June 2018
Resigned from the Bank of Japan
July 2018
Managing Executive Officer of Rating andInvestment Information, Inc.
Mar. 2023
Retired from Rating and Investment
Information, Inc.
Apr. 2023
Executive Officer of GPSS Holdings Inc.
To the present
Significant concurrent positions outside the Bank
Executive Officer of GPSS Holdings Inc.
<Reasons for nomination as a candidate for Director who is an Audit and Supervisory Committee Member and outline
of expected role>
Mr. Matsumoto has been involved in the financial business for many years at the Bank of Japan and has expertise andspecialized knowledge in the banking business. He has extensive experience and diverse knowledge, including
involvement in the management of corporate operations. Based on this track record, the Bank believes that he is capableof utilizing his experience to contribute to the soundness and transparency of the Bank’s decision-making and be
utilized to strengthen the supervision of management, and thus proposes his election as an Outside Director who is an
Audit and Supervisory Committee Member.
<Supplementary explanation regarding independence>
Mr. Matsumoto satisfies the standards for independence stipulated by the Tokyo Stock Exchange and criteria of
independence for Outside Directors established by the Bank, the Bank has judged that he has high independence frommanagement. Accordingly, if his election is approved, the Bank plans to appoint him as an Independent Officer andsubmit notification to the same exchange.
Name(Date of birth)- 11 -

No.

4

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1985
Joined Fukushima Prefectural Government
Sept. 2011
Manager of Nuclear Damage Countermeasure
Division
Apr. 2012Manager of Personnel Affairs Division
Apr. 2014
Deputy General Manager of General Affairs
Department (in charge of Personnel Affairs)
Apr. 2016
General Manager of Tokyo OfficeTakanori Kanari(April 10, 1960)
Apr. 2018
Director General of Revitalization Bureau for
0 shares
New election
the Evacuation Areas
OutsideApr. 2019
Director General of Commerce, Industry, andIndependent
Labor Department
Mar. 2020
Resigned from Fukushima Prefectural
Government
June 2020
Vice Chairman and Senior Managing Directorof the Fukushima Prefecture Small Business
Association Chuokai
To the present<Reasons for nomination as a candidate for Director who is an Audit and Supervisory Committee Member and outline
of expected role>
Mr. Kanari has been involved in human resource management, etc., and possesses extensive experience, knowledge,
and diverse discernment through his services at Fukushima Prefectural Government. In addition, based on his
experience as Director General of the Commerce, Industry, and Labor Department of Fukushima Prefectural
Government and Vice Chairman of the Fukushima Prefecture Small Business Association Chuokai, he possesses
sufficient experience and discernment concerning various issues that small and medium-sized companies face, andmeasures to solve such issues, etc. Based on this track record, the Bank has judged that he is qualified to supervise theexecution of the Bank’s business, such as expressing his opinion objectively from an independent and neutral position,and thus proposes his election as an Outside Director who is an Audit and Supervisory Committee Member. He has noexperience of direct involvement in the management of a company in the past. However, the Bank judges he willappropriately fulfill his duties as an Outside Director who is an Audit and Supervisory Committee Member based on theabove reasons.
<Supplementary explanation regarding independence>
The Bank has transactions involving deposits and loans with the Fukushima Prefectural Government, where Mr. Kanari
is a former employee. However, as these transactions are ordinary banking transactions, and in light of their nature, theBank judges that there is no risk of influencing the decisions of shareholders and investors, the summary of thetransactions is omitted.
Mr. Kanari satisfies the standards for independence stipulated by the Tokyo Stock Exchange and criteria of
independence for Outside Directors established by the Bank, the Bank has judged that he has high independence frommanagement. Accordingly, if his election is approved, the Bank plans to appoint him as an Independent Officer andsubmit notification to the same exchange.
Name(Date of birth)- 12 -

No.

5(Note)

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Sept. 2007
Registered as an attorney-at-law. Joined Hirota
Kaori Suganami
Law Office(January 17, 1976)
May 2012
Established Iwaki Law Office
0 shares
New election
To the present
OutsideSignificant concurrent positions outside the Bank
Independent
Attorney-at-law<Reasons for nomination as a candidate for Director who is an Audit and Supervisory Committee Member and outline
of expected role>
Based on Ms. Suganami’s knowledge and experience gained for many years as an attorney, the Bank has judged that
she is qualified to supervise the execution of the Bank’s business, such as expressing her opinion objectively from an
independent and neutral position, and thus proposes her election as an Outside Director who is an Audit andSupervisory Committee Member. She has no experience of direct involvement in the management of a company in thepast. However, the Bank judges she will appropriately fulfill her duties as an Outside Director who is an Audit andSupervisory Committee Member based on the above reasons.
<Supplementary explanation regarding independence>
Ms. Suganami satisfies the standards for independence stipulated by the Tokyo Stock Exchange and criteria of
independence for Outside Directors established by the Bank, the Bank has judged that she has high independence frommanagement. Accordingly, if her election is approved, the Bank plans to appoint her as an Independent Officer andsubmit notification to the same exchange.
1. There is no special interest between each candidate for Director who is an Audit and Supervisory Committee Member andthe Bank.
2. The Bank has stipulated in the Articles of Incorporation to allow for the conclusion of agreements with Outside Directorsthat limit their liability for damages to a certain range so that they can fully perform their expected roles. If the election of
the candidate for Outside Director who is an Audit and Supervisory Committee Member Toshinori Uryu is approved as
proposed, the Bank plans to continue an agreement that limits his liability for damages set forth in Article 423, paragraph(1) of the Companies Act pursuant to the provisions of Article 427, paragraph (1) of said act. Also, if the elections of thecandidates for Outside Director who is an Audit and Supervisory Committee Member Yoshitake Matsumoto, Takanori
Kanari and Kaori Suganami are approved as proposed, the Bank plans to enter into the same agreements that limit their
liability for damages.
3. Takanori Kanari is scheduled to retire from the Fukushima Prefecture Small Business Association Chuokai in June 2024.
Name(Date of birth)- 13 -

[Reference]
Criteria of independence for Outside Directors
Upon the election of the candidates for Outside Director of the Bank, candidates to whom none of the following
apply either currently or in the recent past (Note 1) shall be deemed to be independent.
1
2
3
4

5

6

7

A person who executes business at the Bank or an associate of the Bank
A party who is a major trading partner (Note 2) of the Bank or an associate of the Bank, or otherwise if suchparty is a corporation or other such entity, a person who executes business thereof
A party whose major trading partner (Note 2) is the Bank or an associate of the Bank, or otherwise if such party
is a corporation or other such entity, a person who executes business thereof
A consultant, an accounting expert or a legal professional who receives an average of 10 million yen or more per
year in cash or other forms of asset over the past three years except an officer’s remuneration from the Bank or
an associate of the Bank
A party who receives an average of 10 million yen or more per year in donations, etc. from the Bank or an
associate of the Bank over the past three years, or otherwise if such party is a corporation or other such entity, aperson who executes business thereof
A party who is a major shareholder (who holds 10% or more of the total voting rights) of the Bank or an associateof the Bank, or otherwise if such party is a corporation or other such entity, a person who executes businessthereofA close relative (relative within the second degree of kinship) who falls under either 1 or 6 above(Note 1) “recent past” means a situation that can substantially mean current where, for instance, it would apply in theevent of approving the resolutions at the General Meeting of Shareholders where an Outside Director was appointed.
(Note 2) “major trading partner” means a trading partner recording 2% or more of the consolidated net sales (in thecase of the Bank, consolidated ordinary income) of the most recent fiscal year.

- 14 -

[Reference] Skills Matrix for Directors after the conclusion of this Annual General Meeting of Shareholders (plan)

Name

GenderTakao Suzuki
Yasuhiro Oka
MitsuoFurukawa
Tasuku Suzuki
Takayuki Oyagi
Hirokatsu
WatanabeToshinori Uryu
YoshitakeMatsumotoTakanori Kanari
Kaori Suganami

MaleParticularly expected knowledge, experience and skills
Independence
Finance
Legal
CorpoSales/(Outside
Human
IT/
&
affairs/
FinancialrateMarketDirectors manage- business
Compli- Account- resources Digital
ing
only)
ing
ance
ment
●
●
●
●
●

Male

●

●

●

Male

●

●

Male

●

●

Male

●

●

Male

●

Male

●

●

Male

●

●

Male

●

●

Female

●

●
●

●

●
●

●
●

●
●

●

- 15 -

●

●
●

●
●

●
●

●

Local
economy

●

●
●

●

●

●