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: 6362
June 9, 2021
To our shareholders:Hiroji ISHIIPresidentIshii Iron Works Co., Ltd.
26-11, 3-Chome, Tsukishima, Chuo-ku, TokyoNOTICE OF THE 155TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
We are pleased to announce the 155th Ordinary General Meeting of Shareholders of Ishii Iron Works Co., Ltd. (the“Company”), which will be held as described below.
From the viewpoint of preventing the spread of the novel coronavirus (COVID-19), we ask that you make every
effort to exercise your voting rights in advance in writing or via the Internet. Regardless of the state of your health,
we request that you refrain from attending the General Meeting in person.
After reviewing the following Reference Documents for the General Meeting of Shareholders, please exercise yourvoting rights no later than 5:20 p.m. (JST) on Monday, June 28, 2021. We apologize for any inconvenience.
1. Date and Time: Tuesday, June 29, 2021 at 10:00 a.m. (JST)
2. Venue:
Fukuracia Harumi C/D Conference Room, 4F, Daiwa Harumi Building
10-1, 3-Chome, Harumi, Chuo-ku, Tokyo(Please note that the venue this year differs from last year)
3. Purposes:
Items to be reported:
1. Business Report and Consolidated Financial Statements for the 155th Term (from April 1, 2020 to March31, 2021), as well as the results of audit of the Consolidated Financial Statements by the Accounting
Auditor and the Audit and Supervisory Committee
2. Non-Consolidated Financial Statements for the 155th Term (from April 1, 2020 to March 31, 2021)
Items to be resolved:
Proposal 1:
Appropriation of Surplus
Proposal 2:
Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)-1-[Measures to Prevent the Spread of COVID-19]- Both the venue and the starting time for the General Meeting of Shareholders are subject to change depending onchanges in the situation surrounding the COVID-19. The Company will promptly inform you in the event of suchchanges via the Company’s website noted below. Please be sure to check the Company’s website for the latest
information prior to visiting the venue on the day of the General Meeting.
Note also that any change in venue is expected to result in a smaller space than originally planned, so we again ask
that you consider exercising your voting rights in advance.
Company website: https://www.ishii-iiw.co.jp/report/- To prevent the spread of infection, seating will be spaced farther apart, greatly reducing the number of seatsavailable compared to other years. Your understanding is appreciated.
- Exercising your voting rights via the voting form also carries some risk of infection in the process of sending theform back. We therefore ask to exercise your voting rights in advance via the Internet as much as possible.
- Gifts will not be provided. Your understanding is appreciated.
- We ask that all shareholders attending in person bring and wear their own masks. Those not wearing masks may
be refused entry and asked to leave.
- Alcohol disinfectant for shareholder use will be made available near the entrance to the venue.
- Temperature checks will be conducted near the entrance to the venue. Individuals found to have a fever and those
appearing unwell may be refused entry and asked to leave.
- The health of Directors attending the General Meeting, as well as that of operating staff--including temperatures-will be checked, and Directors and staff will wear masks while performing their duties.
- In light of the need to shorten the length of the General Meeting as a means of preventing the spread of COVID19, Items to be reported at the Meeting (including auditor reports) and detailed descriptions of Items to be resolved
will be omitted. We therefore ask that our shareholders review the Convocation Notice in advance.

-2-Reference Documents for the General Meeting of Shareholders
Proposals and Reference Matters
Proposal 1:

Appropriation of Surplus

With respect to dividends, the Company seeks to return profits to shareholders stably while strengthening its
internal reserves for future growth.
Under this basic policy, the Company, in consideration of its business results for the fiscal year ended March 31,
2021 and future business developments, proposes a year-end dividend of ¥60 per share, an increase of ¥10 per
share from the previous fiscal year.
(1) Type of dividend property
Cash(2) Allocation of dividend property and total amount thereof¥60 per common share of the Company
Total amount of dividends: ¥221,566,680(3) Effective date of distribution of dividends of surplus
June 30, 2021

-3-Proposal 2:

Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)

The tenure of all four (4) Directors (excluding Directors who are Audit and Supervisory Committee Members;
applicable to the rest of this proposal) will end at the conclusion of this General Meeting of Shareholders.
Therefore, the Company proposes the election of four (4) Directors.
In addition, the Audit and Supervisory Committee has considered this proposal and given their consent.
The candidates for Director are as follows:No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Dec. 1969
June 1973
Mar. 1977
Dec. 1978
Jan. 1979

1

Number of theCompany’s shares
owned

Director of the Company
Managing Director of the Company
Executive Director of the Company
Vice President of the Company
Hiroji ISHII(March 11, 1937)
120,190
Representative Director and President of theReelection
Company (present position)[Significant concurrent positions outside the Company]
President, IIW Engineering Co. Sdn. Bhd.
President, IIW Singapore Pte. Ltd.
Reasons for nomination as candidate for Director
Since assuming office of Representative Director and President of the Company in 1979, Hiroji Ishii has betteredprofitability by leading management and promoting innovation, and significantly contributed to improving businessperformance. The Company has re-nominated him as a candidate for Director based on the judgment that he is qualified
as Director because his experience and knowledge related to management he has accumulated as a top executive overmany years up until now is expected to help drive sustainable growth and increase the medium and long-term value ofthe Company.

-4-No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1996
May 2006
June 2006

Apr. 2009

July 2012

Hiroaki ISHII(February 20, 1969)
Reelection
2Apr. 2015

June 2019

Apr. 2020

Apr. 2021

Joined Shimizu Corporation
Advisor of the Company
Director of the Company
Corporate Officer and Assistant General
Manager, Steel Structure Business Division ofthe Company
Corporate Officer, Assistant Executive General
Manager, Steel Structure Business Headquarters
and Executive General Manager, SalesHeadquarters of the Company
Managing Director, Assistant Executive
General Manager, Steel Structure BusinessHeadquarters and Executive General Manager,
Sales Headquarters of the Company
Managing Director and Executive General
Manager, Steel Structure Business Headquartersof the Company
Managing Director and Executive GeneralManager, Steel Structure Business Headquarters
and Assistant to the President of the Company

Number of theCompany’s shares
owned

11,751

Executive Director of the Company (presentposition)
Assistant to the President and in charge of theentire Company of the Company
Assistant to the President, in charge of theentire Company, and General Manager,
Corporate Planning Headquarters of theCompany (present position)

Reasons for nomination as candidate for Director
Hiroaki Ishii has significantly contributed to expanding the business, holding a senior position by serving as executiveofficer in charge of the sales section of the tank plant engineering and construction business in Japan and overseas since
he assumed the office of Director in 2006. Since April 2020, he has assisted the President as Executive Director while
managing the entire Company, exercising strong leadership in working to improve both business performance andmedium and long-term corporate value. The Company has re-nominated him as a candidate for Director based on thejudgment that he is qualified as Director because he has such abundant experience and proven track record.

-5-No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Apr. 1986

Oct. 2011
Dec. 2014
Apr. 2015

Masanobu NAKANISHI(February 6, 1964)
Reelection

3May 2018
June 2018

July 2019
Apr. 2021

Joined the Sumitomo Bank, Limited (current:Sumitomo Mitsui Banking Corporation(SMBC))
General Manager, Taipei Branch of SMBC
General Manager, Hanoi Branch of SMBCCountry Head of Vietnam and General
Manager, Hanoi Branch, Asia Pacific Divisionof SMBC
Advisor of the Company
Director, General Manager, BusinessManagement Department and General
Manager, Real Estate Business Division of theCompany
Managing Director of the Company (presentposition)
General Manager, Business Management
Headquarters and General Manager, Real EstateBusiness Division of the Company (presentposition)

Number of theCompany’s shares
owned

3,319

Reasons for nomination as candidate for Director
Masanobu Nakanishi has gained a wealth of experience in a wide range of areas in Japan and overseas since he joined
Sumitomo Bank, Limited (current: Sumitomo Mitsui Banking Corporation) in 1986, and has fully utilized hiscapabilities as a global human resource. He then assumed the office of Director of the Company in June, 2018, andManaging Director in July, 2019, and since then he has demonstrated the ability to promote management strategies
based on the medium-term management plan and expand the real estate business as the General Manger of the Business
Management Headquarters and Real Estate Business Division. The Company has re-nominated him as a candidate forDirector based on the judgment that he is qualified as Director because he has such abundant experience and proventrack record.

-6-No.

Name(Date of birth)

Career summary, position and responsibilities(Significant concurrent positions outside the Company)
Oct. 1977
Apr. 2013

Apr. 2015

Satoru YOSHIDA(September 11, 1954)
Reelection

4

June 2019

Apr. 2020

June 2020

Apr. 2021

Notes:

Joined the Company
Administrative Officer and Construction
Manager, Production and Engineering, SteelStructure Business Headquarters of theCompany
Administrative Officer and General Manager,
Production and Engineering, Steel Structure
Business Headquarters of the Company
Corporate Officer and General Manager,
Production and Engineering, Steel Structure
Business Headquarters of the Company
Corporate Officer and Executive GeneralManager, Steel Structure Business Headquartersof the Company
Director of the Company (present position)
Executive General Manager, Steel Structure
Business Headquarters of the CompanyGeneral Manager, Steel Structure Business
Headquarters of the Company (presentposition)

Number of theCompany’s shares
owned

1,129

Reasons for nomination as candidate for Director
Satoru Yoshida has engaged consistently in the tank plant engineering and construction business since joining theCompany and has demonstrated outstanding abilities, especially in the areas of production and engineering. Sinceassuming the office of General Manager, Production and Engineering in the Steel Structure Business Headquarters ofthe Company in 2015, he has exercised leadership in his position as head of the Production and EngineeringDepartment, and as Director and Executive General Manager, Steel Structure Business Headquarters of the Company
since June 2020, and as Director and General Manager of the same business since April 2021, he has managed thatentire business and contributed significantly to its expansion. The Company has re-nominated him as a candidate for
Director based on the judgment that he is qualified as Director because he has such abundant experience and proventrack record.
1. There are no special interests between the Company and the above candidates for Director.
2. The Company has entered into an officer liability insurance policy with an insurance company in accordance with theprovisions of Article 430-3, Paragraph (1) of the Companies Act. The insurance policy is designed to cover economicdamages (compensation for damages and litigation costs) incurred by the insured individual in the event of a claim fordamages by a third party arising from the insured’s performance of duties. In the event each candidate is elected andassumes office as a Director, the candidate shall then become an insured person under the insurance policy. The
insurance policy is scheduled to be renewed with the same terms at the next renewal.

-7-