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 1, 2018
To our shareholders:
Takao Suzuki
Director and President
THE DAITO BANK, LTD.
19-1, Nakamachi, Koriyama City, Fukushima

NOTICE OF CONVOCATION OF THE 113TH ANNUAL GENERAL MEETING OF
SHAREHOLDERS
You are cordially invited to attend the 113th 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 21, 2018 (JST).
1. Date and Time: Friday, June 22, 2018, 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 113th Fiscal Year (fromApril 1, 2017 to March 31, 2018)
2. Consolidated Financial Statements for the Bank’s 113th Fiscal Year (from April 1, 2017 to March 31,2018) and results of audits of the Consolidated Financial Statements by the Accounting Auditor and theBoard of Corporate Auditors
Proposals to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Nine (9) Directors
Proposal No. 3:
Election of One (1) Corporate Auditor-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 ofthe Bank:
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 the Board of Corporate Auditors inpreparing their audit 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 113th fiscal year, comprehensively taking into accountcontinuing to provide stable dividends and the business results of the Bank for the fiscal year under review, theBank 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 380,230,830 yen
With an effective date of October 1, 2017, the Bank conducted a share consolidation at a ratio of one (1)share for ten (10) shares of common stock. The year-end dividends for the fiscal year under review willbe 3.00 yen per share when it is calculated based on the shares before the share consolidation.
(3) Effective date of distribution of surplus
June 25, 2018
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.

Name

Positions and responsibility in the Bank

1

Takao Suzuki

Reelection

Director and President (Representative Director), in charge ofBusiness Promotion Division and Audit Division

2

Yasuhiro Oka

Reelection

Managing Director (Representative Director), in charge of
Credit Division and Securities and International Division3

Kenichi Miura

Reelection

Managing Director (Representative Director) and General
Manager of Head Office4

Ryo Haga

Reelection

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

5

Mitsuo Furukawa

Reelection

Director and General Manager of Business Promotion Division,in charge of Business Planning Division and Personal Loan
Division

6

Hiroshi Murakami

Reelection

Director and General Manager of Corporate Planning Division,in charge of Corporate Planning Division and General Affairs
Division

7

Hiroaki Osato

Reelection

Director and General Manager of Securities and International
Division

8

Yoshihiro Kasama

Reelection
OutsideIndependent

Outside Director

9Toshinobu Ono

New election
OutsideIndependent-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 Bank
Feb. 1996
General Manager of Uneme BranchMar. 1998
Deputy General Manager of Head OfficeBusiness Division
Apr. 2001
General Manager of Nihonmatsu Branch
Takao Suzuki(November 15, 1953)
Mar. 2003
Asahi Area Manager and General Manager of
9,400 shares
Reelection
Asahi Branch
June 2004
Managing Director
June 2008
Senior Managing Director
June 2010
Director and President
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 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 BankMar. 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
Yasuhiro OkaDivision(November 30, 1955)
2,600 shares
July 2008
Executive Officer and General Manager ofReelection
Credit Division
June 2010
Director and General Manager of Credit
Division
June 2013
Managing Director
To the present<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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34Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank heldApr. 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 CorporatePlanning DivisionKenichi Miura
July 2012
Director and General Manager of Business
1,700 shares(January 26, 1958)
Planning Division
Reelection
July 2014
Director and General Manager of Corporate
Planning Division
Aug. 2015
Director, General Manager of Banking systems
Division, and General Manager of Operation
Division
June 2016
Managing Director, General Manager ofBanking systems Division, and General
Manager of Operation Division
July 2017Managing Director and General Manager ofHead Office
To the present<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.
Apr. 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.
Ryo Haga
Executive Officer and General Manager of700 shares(May 14, 1962)
Business Planning Division of the Bank
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 present<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.

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56Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank heldApr. 1984
Joined the Bank
July 2002
General Manager of Tsurumidan Branch
July 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
Mitsuo Furukawa
June 2012
Executive Officer, Northern Area Manager, and(June 10, 1961)
1,900 shares
General Manager of Fukushima BranchReelection
July 2013
Executive Officer, General Manager of Credit
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 OfficeJuly 2017
Director and General Manager of Business
Promotion Division
To the present<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.
Apr. 1984
Joined the BankMar. 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,
Hiroshi Murakami
General Manager of Taira Branch and Kabeya(September 30, 1961)
3,500 shares
BranchReelection
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
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.

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789(Notes)

Name(Date of birth)

Past experience, positions, and roles at the Bank, and significant Number of sharesconcurrent positionsof the Bank held
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)
2,600 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.
Nov. 1987
Passed the bar examination
Apr. 1990
Registered as an attorney-at-law (TOKYO BAR
ASSOCIATION)
Joined Shimizu Kiyoshi Law OfficeApr.
1992
Resigned from Shimizu Kiyoshi Law Office
Yoshihiro Kasama
Changedregistration to Fukushima Bar(August 10, 1952)
Associationand established Kasama Law
Reelection
120 shares
OfficeOutside Director
June 2008
Corporate Auditor of the Bank
Independent Officer
June 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 Ono(September 7, 1953)
Mar. 2014
Resigned from Koriyama City Office1,000 shares
New election
Apr. 2014
Superintendent of Waterworks of Koriyama
Outside DirectorCity
Independent Officer
Apr. 2017
Superintendent of Waterworks and Sewage
Works of Koriyama City
Mar. 2018
Retired from office due to expiration of termsof office
To 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 as Outside Director based on the judgment that he is capable of aptly executing his duties, such as providing
accurate advice toward the Bank’s general management from his wide-ranging perspective.
1. There is no special interest between each candidate for Director and the Bank.

-7-2. Candidates for Director Yoshihiro Kasama and Toshinobu Ono are candidates for Outside Director. The Bank has
appointed one of the candidates Yoshihiro Kasama as an Independent Officer prescribed by Tokyo Stock Exchange andsubmitted a notification of the appointment to the same Exchange. The Bank also plans to appoint Toshinobu Ono as anIndependent Officer and submit notification 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 willbe three (3) years 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 OutsideDirectors that limit their liability for damages to a certain range so that they can fully perform their expected roles.
If the election of Yoshihiro Kasama is approved as proposed, the Bank plans to renew the agreement that limits hisliability 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. If Toshinobu Ono is elected, the Bank plans to enter into the same limited liability
agreement with him. 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 the extent of the minimum liability
amount set forth in laws and regulations or one (1) million yen, whichever is greater.

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Proposal No. 3:

Election of One (1) Corporate Auditor

The term of office of Corporate Auditor Hiroshi Toyama will expire at the conclusion of this Annual General
Meeting of Shareholders. Accordingly, the election of one (1) Corporate Auditor is proposed.
The Board of Corporate Auditors has previously given its approval to this proposal.
The candidate is as follows:
Name(Date of birth)

Past experience, positions and significant concurrent positions
Apr. 1977
May 2001
May 2003
Nov. 2009
June 2011
June 2011
Apr. 2014
May 2014
June 2014
Mar. 2015

Number of sharesof the Bank held

Joined the Bank of Japan
General Manager of Maebashi Branch of the Bank of Japan
General Manager of Sapporo Branch of the Bank of Japan
Seconded to the University of London (Visiting Professor)
Retired from the Bank of Japan
Hiroshi Toyama
Managing Director of Shinkumi Federation Bank(January 9, 1954)
Resigned Managing Director of Shinkumi Federation Bank
Reelection
100 shares
Advisor of Mitsui Life Insurance Company Limited
Outside Corporate Auditor
Outside Corporate Auditor of the Bank (current position)
Independent Officer
Resigned Advisor of Mitsui Life Insurance Company
LimitedApr. 2015
Professor of Musashino UniversityAug. 2016
Resigned Professor of Musashino University
To the present<Reasons for nomination as a candidate for Outside Corporate Auditor>
Based on Mr. Toyama’s knowledge, experience, etc., gained from his years in financial institutions, the Bank has nominated him foranother term as Outside Corporate Auditor based on the judgment that he is capable of aptly executing his duties, such as providing
accurate advice toward the Bank’s general management from his wide-ranging perspective.
(Notes) 1. There is no special interest between the candidate for Corporate Auditor and the Bank.
2. A candidate for Corporate Auditor Hiroshi Toyama is a candidate for Outside Corporate Auditor. The Bank has
appointed Hiroshi Toyama as an Independent Officer prescribed by Tokyo Stock Exchange and submitted a notificationof the appointment to the same Exchange.
3. Hiroshi Toyama currently serves as an Outside Corporate Auditor of the Bank. His term of office as Corporate Auditor
will be four (4) years at the conclusion of this year’s Annual General Meeting of Shareholders.
4. The Bank has stipulated in the Articles of Incorporation to allow for the conclusion of agreements with Outside
Corporate Auditors that limit their liability for damages to a certain range so that they can fully perform their expectedroles. If the reelection of Hiroshi Toyama is approved as proposed, the Bank plans to renew the agreement that limits hisliability 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 Corporate Auditor is held liablefor damages due to negligence of duties, he/she will be responsible for such liability to the extent of the minimum
liability amount set forth in laws and regulations or one (1) million yen, whichever is greater.

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