Extraordinary Report(June 25, 2024)(TRANSLATION)

Nippon Steel Corporation.
Tokyo, Japan
Editor’s notes:
1.

Please note that the official text of this document has been prepared in Japanese. The
information herein stated is provided only for reference purposes. The company is
not responsible for the accuracy of the information. To the extent there is any
discrepancy between the English translation and original Japanese version, please referto the Japanese version.

2.

On June 25, 2024, the company filed its Extraordinary Report (Rinji Houkokusho)with the Director-General of the Kanto Financial Bureau in Japan in connection withthe Company’s shareholders’ voting results for the proposals voted upon at the 100thGeneral Meeting of Shareholders .

1. Reason for submitting the Extraordinary Report
As the matters to be voted upon were resolved at the 100th General Meeting ofShareholders dated June 21, 2024, we hereby submit this Extraordinary Report inaccordance with the Article 24-5, Paragraph 4 of the Financial Instruments andExchange Act and Article 19, Paragraph 2, Item 9-2 of the Cabinet Office Ordinanceon Disclosure of Corporate Affairs.
2. Contents(1) Date of the General Meeting of Shareholders (“the Meeting”)
June 21, 2024
(2) Contents of Matters to be Voted upon
< Company Proposals (Items 1 through 5) >Item 1: Appropriation of Surplus for the 99th Term (from April 1, 2023 to March31, 2024)
1)
Kind of Dividend
Cash2)
Dividend Payment and Total Payment
85 yen per share Total payment: 78,381,387,620 yen
3)Effective Date of Dividend
Monday, June 24, 2024
Item 2: Election of Ten (10) Directors (Excluding Directors who are Audit &Supervisory Committee Members)
To elect the following persons as Directors:
Eiji Hashimoto, Tadashi Imai, Takahiro Mori, Naoki Sato, Takashi Hirose,Kazuhisa Fukuda, Hirofumi Funakoshi, Hiroyuki Minato, Tetsuro Tomitaand Kuniko Urano
Item 3: Election of Five (5) Directors who are Audit & Supervisory CommitteeMembers
To elect the following persons as Directors:
Kazumasa Shinkai, Eiji Sogo, Kenji Hiramatsu, Aiko Sekine and SumikoTakeuchi
Item 4: Revision of the Amount of Compensation for Directors (Excluding
Directors who are Audit & Supervisory Committee Members)
The amount of compensation for Directors (excluding Directors who areAudit & Supervisory Committee Members) be set within 290 million yen
per month (of which the amount of compensation for Outside Directors has
been within 14 million yen per month).
Amendment Motion on Item 4
A motion to amend the proposal above and to reduce the amount of- 1 -compensation for Directors (excluding Directors who are Audit &Supervisory Committee Members) be set within 100,000 yen per month anduse the difference to compensate forced labor victims, memorial events, orother funds and for other purposes, was made by a shareholder.
Item 5: Revision of the Amount of Compensation for Directors who are Audit &Supervisory Committee Members
The amount of compensation for Directors who are Audit & Supervisory
Committee Members be set within 25 million yen per month.
< Shareholder Proposals (Items 6 through 8) >Item 6: Partial Amendment to the Articles of Incorporation
Item 7: Partial Amendment to the Articles of Incorporation
Item 8: Partial Amendment to the Articles of Incorporation- 2 -(3) The number of voting rights concerning the indication of “For”, “Against” or“Abstain” as to matters to be voted upon, requirements for the approval andresults.
Matters to be voted For
AgainstAbstention Results (Ratio ofupon
affirmative votes)
Item 1:
6,389,551
90,191290 Approved (98.00%)
Item 2:
Eiji Hashimoto
Tadashi Imai
Takahiro Mori
Naoki Sato
Takashi Hirose
Kazuhisa Fukuda
Hirofumi Funakoshi
Hiroyuki Minato
Tetsuro Tomita
Kuniko Urano

5,707,397
5,783,468
6,066,157
6,066,748
6,305,707
6,305,678
6,305,540
6,303,614
5,977,027
6,432,930

767,758
671,065
409,075
408,484
169,525
169,554
169,692
171,617499,819
46,8694,946
25,569
4,883
4,883
4,883
4,883
4,883
4,883
3,267
325

Approved (87.54%)
Approved (88.70%)
Approved (93.04%)
Approved (93.05%)
Approved (96.71%)
Approved (96.71%)
Approved (96.71%)
Approved (96.68%)
Approved (91.67%)
Approved (98.67%)

6,203,794
6,203,786
6,445,325
6,434,446
6,447,164
6,426,386

271,324
271,332
34,37145,25032,532
48,245

4,883
4,883
325
325
325
5,445

---

Approved (95.15%)
Approved (95.15%)
Approved (98.86%)
Approved (98.69%)
Approved (98.89%)
Approved (98.57%)
Rejected

6,432,233

42,566

5,445

Item 3:Kazumasa Shinkai
Eiji SogoKenji Hiramatsu
Aiko Sekine
Sumiko Takeuchi

Item 4:
Amendment
Motion on Item 4
Item 5:

Approved (98.65%)

Note 1 The number of voting rights concerning the indication of “for”, “against” or “abstain” iscalculated by adding the number of the voting rights exercised by mail or via the internet prior tothe Meeting (“votes exercised prior to the Meeting”) to the number of the voting rights which wereexercised by shareholders who attended the Meeting and whose indication “for,” “against” or“abstain” of the respective proposals could be confirmed (i.e., they must be exercised by a proxyof shareholder who has submitted the power of attorney or confirmed by a notice of acting
representative submitted from an institutional shareholder).
Note 2 Requirements for the approval
The approval of the Item 1, 4 and 5 require a majority of the voting rights held by the shareholders
present (including the votes exercised prior to the Meeting) voting “for” the proposal.
The approval of the Item 2 and 3 require (i) attendance of shareholders holding in aggregate onethird (1/3) or more of the total number of voting rights and (ii) a majority of the voting rights heldby the shareholders present voting “for” the proposal.
Note 3 The ratio of affirmative votes was calculated by aggregating the number of votes exercised
prior to the Meeting and the number of voting rights held by all shareholders present at the Meetingas the denominator. In addition, the number of the voting rights concerning the indication of “for”,“against” or “abstain” as to matters to be voted upon is different by proposals due to the different
number of the invalid ballot etc.
Note 4 The number of voting rights for or against the Amendment Motion on Item 4 has not been- 3 -tallied because the original Item 4 was lawfully approved and the Amendment Motion on Item 4
was deemed to have undoubtedly failed to be effected and have been voted down.

< Shareholder Proposals (Items 6 through 8) >AgainstAbstention Results (Ratio ofMatters to be voted For
negative votes)
upon
Item 6:
1,360,462
5,114,790
2,766 Rejected (78.52%)
Item 7:1,460,292
5,016,515
1,291 Rejected (76.99%)
Item 8:1,784,339
4,692,990
2,617 Rejected (72.02%)
Note 1 The number of voting rights concerning the indication of “for”, “against” or “abstain” iscalculated by adding the number of the votes exercised prior to the Meeting to the number of thevoting rights which were exercised by shareholders who attended the Meeting and whoseindication “for,” “against” or “abstain” of the respective proposals could be confirmed (i.e., theymust be exercised by a proxy of shareholder who has submitted the power of attorney or confirmed
by a notice of acting representative submitted from an institutional shareholder).
Note 2 Requirements for the approval
The approval of the Item 6, 7 and 8 require (i) attendance of shareholders holding in aggregate
one-third (1/3) or more of the total number of voting rights and (ii) two-third (2/3) or more of thevoting rights held by the shareholders present voting “for” the proposal.
Note 3 The ratio of negative votes was calculated by aggregating the number of votes exercised
prior to the Meeting and the number of voting rights held by all shareholders present at the Meetingas the denominator. In addition, the number of the voting rights concerning the indication of “for”,“against” or “abstain” as to matters to be voted upon is different by proposals due to the different
number of the invalid ballot etc.

(4) Reason for not adding a portion of the voting rights held by the shareholders
present at the Meeting to the number of voting rights concerning the above (3)The requirements for the approval of the proposals proved to be met for some
proposals, but failed to be met for others, as a result of aggregating the number ofvotes exercised prior to the Meeting, as well as the results of the exercise of voting
rights of shareholders who attended the meeting and whose indication of “for”,“against” or “abstain” were confirmed at the time of voting. Therefore, the results ofthe exercise of voting rights except those indicated in Note 1 of < Company Proposals(Items 1 through 5) > and < Shareholder Proposals (Items 6 through 8) >, respectively,
are not added to the number of the voting rights concerning the above (3).

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