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
June 3, 2019
To our shareholders:
Takao Suzuki
Director and President
THE DAITO BANK, LTD.
19-1, Nakamachi, Koriyama City, Fukushima

NOTICE OF CONVOCATION OF THE 114TH ANNUAL GENERAL MEETING OF
SHAREHOLDERS
You are cordially invited to attend the 114th Annual General Meeting of Shareholders of THE DAITO BANK, LTD.
(the “Bank”). The meeting will be held for the purposes as described below.
If you are unable to attend the meeting, you can exercise your voting rights in writing by submitting the Voting Rights
Exercise Form. Please review the Reference Documents for the General Meeting of Shareholders (describedhereinafter) and exercise your voting rights by indicating your vote for or against the proposal on the enclosed Voting
Rights Exercise Form and return it so that it arrives by 5:00 p.m. Thursday, June 20, 2019 (JST).
1. Date and Time: Friday, June 21, 2019, 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 114th Fiscal Year (fromApril 1, 2018 to March 31, 2019)
2. Consolidated Financial Statements for the Bank’s 114th Fiscal Year (from April 1, 2018 to March 31, 2019)and results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Board ofCorporate Auditors
Proposals to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Nine (9) Directors
Proposal No. 3:
Election of Two (2) Corporate Auditors- When attending the meeting, please submit the enclosed Voting Rights Exercise Form to the reception desk. Please also bring thisConvocation Notice when attending the meeting.
- Of the documents to be provided with this Convocation Notice, the following items are omitted as they are posted on the Bank’s
website (https://www.daitobank.co.jp/) in accordance with laws and regulations and Article 15 of the Articles of Incorporation of theBank:
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- The documents provided with this Convocation Notice are a part of the Non-consolidated Financial Statements and Consolidated
Financial Statements audited by the Accounting Auditor in preparing its audit reports, as well as a part of the Business Report,
Non-consolidated Financial Statements, and Consolidated Financial Statements audited by Corporate Auditors in preparing theiraudit reports.

- Any updates to the Reference Documents for the General Meeting of Shareholders, Business Report, Consolidated FinancialStatements, or Non-consolidated Financial Statements will be posted on the Bank’s website (https://www.daitobank.co.jp/).

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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.
1. Matters concerning year-end dividends
With regard to the year-end dividends for the 114th fiscal year, comprehensively taking into account continuing
to provide stable dividends and the business results of the Bank for the fiscal year under review, the Bank
proposes as follows.
In addition, internal reserves will continue to be used efficiently for effective investments, etc., in order toenhance the Bank’s operational foundations and strengthening the management structure.
(1) Dividend asset typeCash(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 380,209,800 yen(3) Effective date of distribution of surplus
June 24, 2019
2. Other matters concerning the appropriation of surplus(1) Item and the amount of surplus to be increased
General reserve 800,000,000 yen(2) Item and amount of surplus to be decreased
Retained earnings brought forward 800,000,000 yen-2-Proposal No. 2:

Election of Nine (9) Directors

The terms of office of all nine (9) Directors will expire at the conclusion of this Annual General Meeting ofShareholders. In that regard, the Bank proposes the election of nine (9) Directors.
The candidates are as follows:
No.

NamePositions and roles at the Bank

1

Takao Suzuki

Reelection

2

Yasuhiro Oka

Reelection

3Kenichi Miura

Reelection

Director and President (Representative Director), in charge ofAudit Division
Managing Director (Representative Director), in charge ofCredit Division and Securities and International Division
Managing Director (Representative Director), General Managerof Corporate Planning Division, in charge of Corporate Planning
Division and General Affairs Division

4Ryo Haga

Reelection

Director and General Manager of Operation and Bankingsystems Division, in charge of Operation and Banking systems
Division
Director and General Manager of Business Promotion Division,

5

Mitsuo Furukawa

Reelection

6Hiroshi Murakami

Reelection

Director and General Manager of Head Office

Reelection

Director and General Manager of Securities and InternationalDivision

7Hiroaki Osato

8Yoshihiro Kasamain charge of Business Promotion Division and Business
Planning Division

Reelection

9Toshinobu Ono

OutsideIndependent
Reelection
OutsideOutside Director

Outside Director

Independent-3-No.

12Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank held
Apr. 1976
Joined the BankFeb. 1996
General Manager of Uneme BranchMar. 1998
Deputy General Manager of Head OfficeBusiness Division
Apr. 2001
General Manager of Nihonmatsu BranchMar. 2003
Asahi Area Manager and General Manager ofTakao Suzuki
Asahi Branch
10,100 shares(November 15, 1953)
Reelection
June 2004
Managing Director
June 2008
Senior Managing Director
June 2010
Director and President (RepresentativeDirector)
To the presentRoles: 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. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus has nominated him for another term as acandidate for 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
2,900 shares(November 30, 1955)
July 2008
Executive Officer and General Manager ofReelection
Credit Division
June 2010
Director and General Manager of Credit
Division
June 2013
Managing Director (Representative Director)
To the presentRoles: Credit Division, Securities and International 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. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus has nominated him for another term as acandidate for Director.

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3Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank held
Apr. 1980
Joined The Long-Term Credit Bank of Japan,
Limited(currently Shinsei Bank, Limited)
July 2008
General Manager of Fukuoka Branch of Shinsei
Bank, Limited
Nov. 2010
Seconded to the Bank from Shinsei Bank,Limited
Executive Officer and General Manager ofCorporate Planning Division
June 2012
Director and General Manager of Corporate
Planning Division
July 2012
Director and General Manager of Business
Planning Division
Kenichi Miura
July 2014
Director and General Manager of Corporate
2,300 shares(January 26, 1958)
Planning Division
Reelection
Aug. 2015
Director, General Manager of Banking systems
Division, and General Manager of Operation
Division
June 2016
Managing Director (Representative Director),
General Manager of Banking systems Division,and General Manager of Operation Division
July 2017Managing Director (Representative Director)
and General Manager of Head Office
Apr. 2019
Managing Director (Representative Director),
General Manager of Corporate PlanningDivision
To the present
Roles: Corporate Planning Division, General Affairs Division<Reasons for nomination as a candidate for Director>
Mr. Miura possesses a wealth of business knowledge and experience through his services as Branch General Manager ata major bank and serving as General Manager at the Bank’s Corporate Planning Division, Business Planning Division,
Banking systems Division and Operation Division, and Head Office, and since becoming Director in 2012, he has
amassed abundant management experiences. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus has nominated him for another term as a
candidate for Director.

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45Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank heldApr. 1986
Joined The Fuji Bank, Limited(currently Mizuho Bank, Ltd.)
Feb. 2009
Deputy General Manager of Operation
Planning Division of Mizuho Bank, Ltd.
Jan. 2011
General Manager of Fukuoka Branch andGeneral Manager of Fukuoka Branch Division
1 of Mizuho Bank, Ltd.
Aug. 2013
Seconded to the Bank from Mizuho Bank, Ltd.
Executive Officer and General Manager ofRyo Haga
Business Planning Division of the Bank
1,100 shares(May 14, 1962)
Reelection
June 2014
Director and General Manager of Business
Planning Division
July 2015
Director, General Manager of Business
Planning Division, and General Manager of
Personal Loan Division
July 2017
Director and General Manager of Operation andBanking systems Division
To the presentRoles: Operation and Banking systems Division<Reasons for nomination as a candidate for Director>Mr. Haga possesses a wealth of business knowledge and experience through his services as Branch General Manager ata major bank and serving as General Manager of the Bank’s Business Planning Division, Personal Loan Division, andOperation and Banking systems Division, and since becoming Director in 2014, he has amassed abundant management
experiences. Therefore, the Bank believes that he is capable of conducting the Bank’s business management in anaccurate, fair, and efficient manner, and thus has nominated him for another term as a candidate for Director.
Apr. 1984
Joined the Bank
July 2002
General Manager of Tsurumidan BranchJuly 2005
Koriyama A Area Manager, General Managerof Houhaccho Branch, and General Manager ofKoharada Branch
July 2008
Iwaki Area Manager and General Manager of
Taira Branch
July 2010
Northern Area Manager and General Managerof Fukushima Branch
June 2012
Executive Officer, Northern Area Manager, andMitsuo Furukawa
General Manager of Fukushima Branch
2,300 shares(June 10, 1961)
July 2013
Executive Officer, General Manager of Credit
Reelection
Division, and General Manager of Credit
Management Division
July 2014
Executive Officer and General Manager ofHead Office
June 2016
Director and General Manager of Head Office
July 2017
Director and General Manager of Business
Promotion DivisionTo the presentRoles: Business Promotion Division, Business Planning
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 since becoming a Director in 2016, he has been appropriately
fulfilling his duties. Based on the experience and knowledge, the Bank believes that he is capable of conducting theBank’s business management in an accurate, fair, and efficient manner, and thus has nominated him for another term as
a candidate for Director.

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67Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank held
Apr. 1984
Joined the Bank
Mar. 2003
General Manager of Hiwada Branch
July 2005
General Manager of Tokyo Branch and General
Manager of Tokyo Office
July 2007
Koriyama C Area Manager and General
Manager of Asaka Branch
July 2010
Iwaki Area Manager and General Manager ofTaira Branch
June 2013
Executive Officer, Iwaki Area Manager,
General Manager of Taira Branch and Kabeya
Hiroshi Murakami
Branch(September 30, 1961)
3,900 shares
Reelection
July 2013
Executive Officer, Northern Area Manager,
General Manager of Fukushima Branch andFukushima Minami Branch
June 2016
Director, Northern Area Manager, General
Manager of Fukushima Branch and Fukushima
Minami Branch
July 2016
Director and General Manager of Corporate
Planning Division
Apr. 2019
Director and General Manager of Head Office
To the present<Reasons for nomination as a candidate for Director>
Mr. Murakami possesses a wealth of business knowledge and experience through his services as Branch General
Manager, General Manager of Tokyo Branch, General Manager of Tokyo Office, and General Manager of Corporate
Planning Division, and since becoming Director in 2016, 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 has nominated him for another term as a candidate for Director.
Apr. 1981
Joined the Bank
Apr. 2001
Deputy Manager of Securities and International
DivisionMar. 2003
Deputy Manager of General Planning Division
June 2004
Deputy Manager of Corporate Planning
Division
July 2005
Deputy General Manager of Corporate
Hiroaki Osato
Planning Division(December 26, 1957)
2,700 shares
Reelection
July 2008
General Manager of Securities andInternational Division
June 2013
Executive Officer and General Manager ofSecurities and International Division
June 2017
Director and General Manager of Securities andInternational Division
To the present<Reasons for nomination as a candidate for Director>
Mr. Osato possesses a wealth of business knowledge and experience through his services as Deputy General Managerof Corporate Planning Division and General Manager of Securities and International Division, and since becoming
Director in 2017, he has been appropriately fulfilling his duties. Based on the experience and knowledge, the Bank
believes that he is capable of conducting the Bank’s business management in an accurate, fair, and efficient manner, andthus has nominated him for another term as a candidate for Director.

-7-Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank held
Nov. 1987
Passed the bar examination
Apr. 1990
Registered as an attorney-at-law (TOKYO BAR
ASSOCIATION)
Joined Shimizu Kiyoshi Law Office
Apr. 1992
Resigned from Shimizu Kiyoshi Law Office
Yoshihiro Kasama
Changed registration to Fukushima Bar(August 10, 1952)
Association and established Kasama Law
120 shares
ReelectionOfficeOutside DirectorJune 2008
Corporate Auditor of the Bank
Independent Officer
8June 2015
Outside Director
To the present
Significant concurrent positions outside the Company
Attorney at law<Reasons for nomination as a candidate for Outside Director>
Mr. Kasama possesses a wealth of experience in the legal profession as well as a high level of acumen as a legal
specialist, and thus the Bank has nominated him for another term as Outside Director based on the judgment that he iscapable of aptly executing his duties, such as providing accurate advice toward the Bank’s general management fromhis wide-ranging perspective.
July 1978
Joined Koriyama City Office
Apr. 2009
Chief of the Secretariat of the City Council
May 2011
General Manager of Finance Department
Apr. 2012
General Manager of General Affairs
Department
Toshinobu OnoMar. 2014
Resigned from Koriyama City Office(September 7, 1953)
Apr. 2014
Superintendent of Waterworks of Koriyama
1,000 shares
Reelection
CityOutside Director
Apr. 2017
Superintendent of Waterworks and Sewage
Independent Officer
9Works of Koriyama City
Mar. 2018
Retired from office due to expiration of termsof office
June 2018
Outside Director of the BankTo the present<Reasons for nomination as a candidate for Outside Director>
Based on Mr. Ono’s knowledge, experience, etc., gained from his years in government service, the Bank has nominatedhim for another term as Outside Director based on the judgment that he is capable of aptly executing his duties, such asproviding accurate advice toward the Bank’s general management from his wide-ranging perspective.
(Notes) 1. There is no special interest between each candidate for Director and the Bank.
2. Candidates for Director Yoshihiro Kasama and Toshinobu Ono are candidates for Outside Director. The Bank has
appointed Messrs. Yoshihiro Kasama and Toshinobu Ono as Independent Officers prescribed by Tokyo Stock Exchange
and submitted a notification of the appointment to the same Exchange.
3. Matters concerning the candidates for Outside Directors are as shown below.
(1) Regarding the number of years since the Outside Director candidates assumed the position of Outside Director
Yoshihiro Kasama currently serves as an Outside Director of the Bank. His term of office as Outside Director will befour (4) years at the conclusion of this year’s Annual General Meeting of Shareholders.
Toshinobu Ono currently serves as an Outside Director of the Bank. His term of office as Outside Director will be one(1) year at the conclusion of this year’s Annual General Meeting of Shareholders.
(2) Limited liability agreements with Outside Directors
The Bank has stipulated in the Articles of Incorporation to allow for the conclusion of agreements with Outside
Directors that limit their liability for damages to a certain range so that they can fully perform their expected roles. If
the reelection of Yoshihiro Kasama and Toshinobu Ono is approved as proposed, the Bank plans to renew theagreement that limits their liability for damages set forth in Article 423, paragraph 1 of the Companies Act pursuant
to the provisions of Article 427, paragraph 1 of the said act. The liability limitation agreement defines that if an Outside
Director is held liable for damages due to negligence of duties, he/she will be responsible for such liability to theextent of the minimum liability amount set forth in laws and regulations or one (1) million yen, whichever is greater.
No.

Name
(Date of birth)-8-

Proposal No. 3:

Election of Two (2) Corporate Auditors

The terms of office of Corporate Auditors Bunsaku Akutsu and Mika Matsumoto will expire at the conclusion of thisAnnual General Meeting of Shareholders. In that regard, the Bank proposes the election of two (2) Corporate Auditors.
The Board of Corporate Auditors has previously given its approval to this proposal.
The candidates are as follows:No.

Name(Date of birth)

Past experience, positions and significant concurrent positions
Apr. 2000

Number of sharesof the Bank held

Registered as an attorney-at-law (Daini TokyoBar Association)
Joined Sakuragaoka Law Office
Apr. 2001
President, Monbetsu-himawari-law Office(Asahikawa Bar Association)
Sept. 2006
Visiting Scholar (dispatched by JFBA),
Mika Matsumoto
University of California, Berkeley(February 3, 1974)
Sept. 2007
Member, Soma-himawari-law Office
100 shares
Reelection(Fukushima Bar Association)
Outside Corporate Auditor
Independent Officer
1
Sept. 2010
Established Hamadori Law Office (Iwaki City,Fukushima Prefecture)
June 2015
Outside Corporate Auditor of the BankTo the present
Significant concurrent positions outside the Company
Attorney at law<Reasons for nomination as a candidate for Outside Corporate Auditor>
Based on Ms. Matsumoto’s knowledge and experience gained from her years as an attorney, the Bank has judged that
she is capable of aptly executing her duties as an Outside Corporate Auditor, such as expressing her auditor’s opinion
objectively from an independent and neutral position.
Apr. 1978
Joined Fukushima Prefectural Government
Apr. 2005
Secretary of Finance Group
Apr. 2007
General Manager of General Affairs
Department
Apr. 2009
Member of the Board (In charge ofgeneral/financial affairs) and Head of theSecretariat of The Public University
Corporation, The University of Aizu
Hiroyuki Kanno
June 2011
Accounting Manager and Treasurer of(December 15, 1954)
Fukushima Prefectural Government
0 shares
New election
Outside Corporate Auditor
Apr. 2012General Manager of Health and Welfare
Independent OfficerDepartment
2Mar. 2014
Resigned from Fukushima PrefecturalGovernment
Apr. 2014
Representative Director and Manager ofFukushima Training Center For Local Officers
Mar. 2018
Resigned from Fukushima Training Center For
Local Officers
To the present<Reasons for nomination as a candidate for Outside Corporate Auditor>
Mr. Kanno has been involved in both financial and general business domains through his employment at the Fukushima
Prefectural Office, and possesses a wealth of experience, knowledge and discernment that can be utilized in banking
services as well. Based on his experience and expertise, the Bank has judged that he is capable of aptly executing hisduties as an Outside Corporate Auditor, such as expressing his auditor’s opinion objectively from an independent andneutral position.
(Notes) 1. There is no special interest between each candidate for Corporate Auditor and the Bank.
2. Candidates for Corporate Auditors Mika Matsumoto and Hiroyuki Kanno are candidates for Outside Corporate Auditors.
The Bank has appointed Mika Matsumoto as an Independent Officer prescribed by Tokyo Stock Exchange and submitted
a notification of the appointment to the same Exchange. The Bank also plans to appoint Hiroyuki Kanno as an Independent
Officer prescribed by Tokyo Stock Exchange and submit notification to the same exchange.
3. Mika Matsumoto currently serves as an Outside Corporate Auditor of the Bank. Her term of office as Corporate Auditor
will be four (4) years at the conclusion of this year’s Annual General Meeting of Shareholders.

-9-4. The Bank has stipulated in the Articles of Incorporation to allow for the conclusion of agreements with Outside CorporateAuditors that limit their liability for damages to a certain range so that they can fully perform their expected roles. If thereelection of Mika Matsumoto is approved as proposed, the Bank plans to renew the agreement that limits her liability fordamages set forth in Article 423, paragraph 1 of the Companies Act pursuant to the provisions of Article 427, paragraph
1 of the said act. If Hiroyuki Kanno is elected, the Bank plans to enter into the same limited liability agreement with him.
The liability limitation agreement defines that if an Outside Corporate Auditor is held liable for damages due to negligenceof duties, he/she will be responsible for such liability to the extent of the minimum liability amount set forth in laws andregulations or one (1) million yen, whichever is greater.
5. With regard to Mika Matsumoto, her name is recorded in her family register as Mika Watanabe, but addressed here by thename that she uses for business.

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