Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail. The Company
assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from thetranslation.
(Stock Exchange Ticker Symbol: 5992)
May 25, 2022
To shareholders with Voting Rights:
Satoshi Takae
President
Chuo Spring Co., Ltd.
68 Aza-Kamishiota, Narumicho,Midori-ku, Nagoya, 458-8505
JapanNOTICE OF THE 99th ORDINARY GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our sincere appreciation for your continued support and patronage.
We hereby inform you of the 99th Ordinary General Meeting of Shareholders of Chuo Spring Co., Ltd. (the“Company”). The meeting will be held for the purposes as described below. In order to reduce the risk of contagion ofCOVID-19, we request shareholders to consider to exercise your voting rights in writing or via internet and to consider
refraining from attending this General Meeting of Shareholders.
If you exercise your voting rights in writing or via internet, please review the attached Reference Documents for
the Ordinary General Meeting of Shareholders and exercise your voting right by no later than the close of business hours(5:00p.m.) on Wednesday, June 15, 2022, Japan time.
Sincerely,
1. Date and Time:
2. Place:
3. Meeting Agenda:
Matters to be reported:

4. Proposals to be resolved
Proposal 1:
Proposal 2:
Proposal 3:
Proposal 4:

Thursday, June 16, 2022 at 10:00a.m. Japan Time
Head Office, Chuo Spring Co., Ltd.
Auditorium at 3rd Floor
1. The Business Report, Consolidated Financial Statements for the Company’s 99th
Fiscal Year (April 1, 2021 – March 31, 2022) and results of audits by theAccounting Auditor and the Audit & Supervisory Board of the Consolidated
Financial Statements
2. Non-consolidated Financial Statements for the Company’s 99th Fiscal Year
(April 1, 2021 – March 31, 2022)
Partial Amendments to the Article of Incorporation
Election of 5 (five) Board Members
Election of 1 (one) Substitute Audit & Supervisory Board Member
Revision of Remuneration Amount for Outside Directors

Reference Documents for the Ordinary General Meeting of Shareholders
Proposals and ReferencesProposal 1

Partial Amendments to the Article of Incorporation

1. Reasons for Amendments
The amended provisions stipulated in the proviso to Article 1 of the supplementary provisions of the “Act Partially
Amending the Companies Act” (Act No.70 of 2019) will be enforced on September 1, 2022. In order to prepare for theintroduction of the system for electronic provision of materials for General Meetings of Shareholder, the Article ofIncorporation of the Company shall be amended as follows:(1) The proposed article 15, Paragraph 1 provides that information contained in the reference documents, etc. for a General
Meeting of Shareholders shall be provided electronically.
(2) The purpose of the proposed Article 15, Paragraph 2 is to establish a provision to limit the scope of reference
documents, etc. to be sent in paper copy to shareholders who have requested them.
(3) The provisions related to the disclosure of reference materials for General Meeting of Shareholders, etc. via the internetand deemed provision (Article 15 of the current Articles of Incorporation) will become unnecessary and will be deleted.
(4) In line with the above establishment and deletion of the provisions, supplementary provisions releted to the effective
date and other matter shall be established.
2. Details of the Amendments
The proposed amendment are as follows:
Current(Disclosure of reference materials for General Meeting ofShareholders, etc. via the internet and deemed provision)(Amended parts are indicated by underlining)
Proposed Amendment[Deleted]

Article 15
It will be deemed that the Company has provides theshareholders with the necessary information with respect
to the matters to be stated or indicated in reference
documents for General Meeting of Shareholders, business
reports, financial statements, and consolidated financial
statements by disclosing that information via the internet
in accordance with the ordinance of the Ministry of Justice.
[Newly Established](Measures for Electronic Provision of Information, etc.)
Article 15. Upon convening a General Meeting ofShareholders, the Company will provide information
contained in reference documents for the General Meetingof Shareholders electronically to shareholders.

[Newly Established]

2 Among the matters to be provided electronically, theCompany may choose not to include all or part of thematters stipulated in the Ordinance of the Ministry ofJustice in paper copy to be sent to shareholders who haverequested it by the record date for vesting voting rights.

[Newly Established](Supplementary Provisions)
Article 1. The amendment of the Article 15. of the current
Articles of Incorporation shall come into effect as of
September 1, 2022, the date of enforcement of theamended provisions stipulated in the proviso to Article 1

of the supplementary provisions of the Act PartiallyAmending the Companies Act (Act No. 70 of 2019)(the“Effective Date”)

Proposal 2.
Members[Newly Established]

2. Notwithstanding the provisions of the preceding
paragraph, Article 15. of the Articles of Incorporation(Disclosure of reference materials for General Meeting ofShareholders, etc. via the internet and deemed provision)
shall remain in force with respect to a General Meeting ofShareholders to be held by February 28, 2023.

[Newly Established]

3. These supplementary provisions shall be deleted as ofMarch 1, 2023, or three months have elapsed from a dateof a General Meeting of Shareholders set forth inpreceding paragraph, whichever is later.

Election of five (5) Board Members due to the expiration of the term of office of all the current Board

The term of office of all the current board members expire at the conclusion of this 99th Ordinary General Meeting ofShareholders. Accordingly, we hereby propose that you elect five (5) board members.
The candidates for board members are as follows:

CandidateNo.
1
Reappoint-ment

Name
Kenta
Koide
[Date of birth]
July 19, 1959
[Number ofshares of theCompanyheld]
6,255

Brief personal history, positions and responsibilities in Company and significant
concurrent positions
January 2013
January 2017
June 2017
June 2018
June 2020

President and Board Member of Toyota Peugeot Citroën
Automobile Czech, s.r.o.
Advisor, Chuo Spring Co., Ltd.
Managing Officer, Member of Board, Chuo Spring Co., Ltd.
Senior Managing Director, Member of Board, Chuo Spring Co.,Ltd.
Vice President, Member of Board, Chuo Spring Co., Ltd. (topresent)[Positions and Responsibilities in Company]
Assistant to the President.
[Significant concurrent positions]
Chairman, Xiaogan Chuhatsu Lioho Automotive Components Co., Ltd.

Candidate
No.

Name

Brief personal history, positions and responsibilities in Company and significant
concurrent positions

2Koji
Yonekura

April 1987
January 2016
June 2018
April 2019
February 2022April 2022

NewAppoint-ment[Date of birth]
August 31,
1964[Number ofshares of theCompanyheld]
1,513

3New
Appoint-ment

FumikiYazawa[Date of birth]
June 2,
1965[Number ofshares of theCompany
held]0Joined Chuo Spring Co., Ltd.
General Manager, Sales Division, Chuo Spring Co., Ltd.
Executive Officer, Chuo Spring Co., Ltd.
President PT. Chuhatsu Indonesia
Executive Officer, Purchasing Division, Chuo Spring Co., Ltd.
Executive Officer, Purchasing and Sales Division, Chuo SpringCo., Ltd. (to present)[Positions and Responsibilities in Company]
Purchasing and Sales Division

April 1989
January 2007
January 2011
January 2013
January 2019
April 2021

Joined Toyota Motor Corporation
Toyota Motor Manufacturing, Alabama Inc.
GM Fund Control Office, Accounting Division, Toyota Motor
Corporation
Toyota Peugeot Citroën Automobile Czech, s.r.o.
General Manager of Corporate Planning Department, Chuo SpringCo., Ltd.
Executive Officer, General Manager of Corporate Planning
Department, Chuo Spring Co., Ltd. (to present)[Positions and Responsibilities in Company]
Corporate Management DivisionCorporate Planning Department

Candidate
No.

Name5

KanaYasuda

Reappoint-ment
OutsideIndependent[Date of birth]
April 10,1969[Number ofshares of theCompanyheld]
2,000

Brief personal history, positions and responsibilities in Company
and significant concurrent positions
November1993
April 1997
March 2000

September 2009
May 2010
June 2016
June 2019
June 2019
June 2020
September 2021

Joined Century Audit Corporation (currently Ernst & Young
ShinNihon LLC)
Registered as certified public accountant
Established Yasuda Certified Public Accountant Office
President of Yasuda Certified Public Accountant Office(to present)
Outside Auditor, Shinpo Co., Ltd.
Outside Auditor, SUGI Holdings Co., Ltd. (to present)
Outside Director, GEO Holdings Corporation (to present)
Outside Director, Chuo Spring Co., Ltd. (to present)
Outside Director, KONDOTEC Inc.
Director, (Audit and Supervisory Committee member),
KONDOTEC Inc. (to present)
Outside Director, The Monogatari Corporation (to present)[Significant concurrent positions]
President of Yasuda Certified Public Accountant OfficeOutside Auditor, SUGI Holdings Co., Ltd.
Outside Director, GEO Holdings Corporation
Director, (Audit and Supervisory Committee member), KONDOTEC Inc.
Outside Director, The Monogatari Corporation[Reasons for nomination as an outside member of the Board of Director candidate]
The reason for nominating Ms. Kana Yasuda a candidate for outside director is that she possesses
extensive knowledge as a certified public accountant and a tax accountant through her experience as
Director of Yasuda Accounting Office.
Accordingly, for three years as an independent outside director, she has been providing useful
instructions and opinions from a professional viewpoint of our management, particularly finance and tax
affairs, and we have judged that she will continue to be able to perform appropriate guidance for thedecision-making of the Board of Directors.
6Reappoint-ment
OutsideIndependentMitsuko
YamamotoMarch 1983
April 1985
September 1998

[Date of birth]January 1,1957[Number ofshares of theCompanyheld]
0July 2016
July 2017
July 2019
July 2020
June 2021

Joined Womanstaff Co. Ltd.
Director of Womanstaff Co., Ltd., General Manager, Sales Division
Senior Managing Director of Womanstaff Co., Ltd.
Womanstaff Co. Ltd. was merged with Tempstaff Co., Ltd.
Director, Managing Officer of Tempstaff Co., Ltd.
Tempstaff Co., Ltd. changed its name to Persol Tempstaff Co. Ltd.
Director of Persol Tempstaff Co. Ltd.
Advisor (full-time) of Persol Tempstaff Co. Ltd. (to present)
Outside Director, Chuo Spring Co., Ltd. (to present)[Significant concurrent positions]
Advisor (full-time) of Persol Tempstaff Co. Ltd.
Auditor, Meijo University[Reasons for nomination as an outside member of the Board of Director candidate]
The reason for nominating Ms. Mitsuko Yamamoto a candidate for outside director is that she has many
years of experience in management, particularly extensive knowledge of labor management at Persol
Tempstaff Co., Ltd.
Accordingly, as an independent outside director, we have judged that she will be able to provide us useful
opinions and guidance from a professional and objective viewpoint, particularly personnel and laboraffairs, and that she will continue to be able to perform appropriate guidance for the decision-making ofthe Board of Directors.

(Notes)

1. There are no special interests between Company and candidates for Board Members.
2. Mr. Kenta Koide will resign the position of the Chairman, Xiaogan Chuhatsu Lioho Automotive
Components Co., Ltd. at the General Shareholders Meeting of said company to be held on May 27, 2022.
3. Mr. Koji Yonekura will be assumed the position of the Chairman of Taiwan Chuhatsu Factory Co., Ltdat the General Shareholders Meeting of said company to be held in June, 2022.
4. Mr. Fumiki Yazawa will be assumed the position of the Chairman, Xiaogan Chuhatsu Lioho AutomotiveComponents Co., Ltd. at the General Shareholders Meeting of said company to be held on May 27, 2022.
5. Company has entered into agreements with Ms. Kana Yasuda and Ms. Mitsuko Yamamoto to limit their
liability under Article 423, paragraph 1 of Company Act of Japan to two million forty thousand Japanese Yen(JPY2,400,000.-) or to maximum amount stipulated in Act whichever higher. If the election of Ms. Kana Yasudaand Ms. Mitsuko Yamamoto is resolved, Company will continue to enter into said agreements with each of them.
6. Company has entered into a directors’ liability insurance agreement as stipulated in Article 430, paragraph
3.1 of the Companies Act of Japan with an insurance company. The insurance policy covers damages, courtcosts, etc. that may result from the insured being liable for the performance of their duties in the capacity of theiroffices. The insurance premiums are fully borne by Company and the agreement names all Members of theBoard of Directors as insured persons if their election is resolved. Company plans to renew such agreement withresolution of Board Meeting during their term of offices.
7. Ms. Mitsuko Yamamoto’s name in the family register is Ms. Mitsuko Ando.
8.The following is notes as to candidates of outside Board Members(1) Ms. Kana Yasuda and Ms. Mitsuko Yamamoto are candidates for outside Board Members. Company hasregistered them with the Tokyo Stock Exchange and Nagoya Stock Exchange as Independent Board Membersin accordance with the rules of each Stock Exchange.
(2) Ms. Kana Yasuda is nominated as outside Board Member as Company believes that she will be able toperform her role with her distinguished knowledge and experience as certified public accountant and tax
accountant and to apply her excellent insight to the management of the Company.
(3) At the conclusion of this Ordinary General Meeting of Shareholders, the term of her office as outside Board
Member will have been three (3) years.
(4) Ms. Mitsuko Yamamoto is nominated as outside Board Member as Company believes that she will be ableto perform her role with her distinguished knowledge and experience in management of labor, human resourceand staffing service and to apply her excellent insight to the management of the Company.
(3) At the conclusion of this Ordinary General Meeting of Shareholders, the term of her office as outside Board
Member will have been one (1) year.

Proposal 3.

Election of 1 (one) Substitute Audit & Supervisory Board Member

In order to be prepared in the event that Company lacks the number of Audit & Supervisory Board Members and it becomesless than that required by laws, we hereby propose that 1(one) Substitute Audit and Supervisory Board Member be elected.
The candidate is as below:
Audit & Supervisory Board has given its prior consent to this proposal.
Candidate
NameAkihiro Inagaki[Date of birth]
March 11, 1961
[Number of shares of theCompany held]
3,810

Brief personal history, positions and responsibilities in Company and significant concurrent
positionsApril 1983
Joined Chuo Spring Co., Ltd.
October 2008
General Manager, Purchasing Div., Chuo Spring Co., Ltd.
June 2015
Officer, Chuo Spring Co., Ltd.
June 2018
Managing Officer, Chuo Spring Co., Ltd.
June 2019
Senior Managing Director, Member of Board, Chuo Spring Co., Ltd.
October 2021Officer, Member of the Board, Chuo Spring Co., Ltd.
April 2022
Executive director, Member of the Board, Chuo Spring Co., Ltd.
(to present)

(Notes)

1. There are no special interests between Company and candidate.
2. Mr. Akihiro Inagaki will be assumed to the position the President of Chuhatsu Hanbai Co., Ltd.
at the 56th General Shareholders Meeting of said company held on June 9, 2022.
3. Mr. Akihiro Inagaki will be assumed to the position the President of Reelex Co., Ltd.
at the 11th General Shareholders Meeting of said company held on June 9, 2022.

Proposal No. 4 Revision of Remuneration Amount for Outside Directors
The amount of remuneration for Directors of the Company was approved to be up to JPY180 million per year (includingJPY5 million for Outside Directors) at the 97th Ordinary General Meeting of Shareholders held on June 16 2020.
As the responsibilities and expected roles of Outside Directors are increasing, such as strengthen of the corporate
governance and Outside Directors are becoming the main constituent members of the Nomination Committee and theRemuneration Committee, it is intended to revise the amount of remuneration for Outside Directors only, to “up to JPY18
million per year,” without changing the total amount of remuneration for Directors (up to JPY180 million per year).
If Proposal No. 2 is approved as proposed, there will be five (5) Directors (including two (2) Outside Directors).