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June 22, 2021
Dear Shareholders,

Notice of Resolutions
at the 48th Ordinary General Meeting of Shareholders

YUSHIN PRECISION EQUIPMENT CO., LTD. hereby notifies you of the matters reported and theresolutions adopted at the 48th Ordinary General Meeting of Shareholders as follows.

Details

Matters to be reported:a) Business Report and Consolidated Financial Statements for the 48th Fiscal Year (from April 1, 2020
to March 31, 2021) as well as the audit reports from the Accounting Auditor and the Board ofCorporate Auditors on the Consolidated Financial Statementsb) Report on the Non-Consolidated Financial Statements for the 48th Fiscal Year (from April 1, 2020
to March 31, 2021)
The matters above were reported to the General Meeting of Shareholders.

Agenda for resolution:
Proposal 1: Partial Amendments to the Articles of Incorporation
Resolved as originally proposed by the Company. The main amendments to the Articles ofIncorporation are as follows.
(1) The number of Directors as stipulated in Article 18 of the current Articles of Incorporation
has been changed from ten (10) to fifteen (15) or less in order to further strengthen themanagement base and further expand and enhance corporate governance.
(2) Other necessary amendments have been made to Article 29, Paragraph 3 of the current
Articles of Incorporation.

Proposal 2: Election of Eight (8) Directors
Eight (8) Directors, Takayo Kotani, Yasushi Kitagawa, Tomohiro Inano, Masahito Fukui, Kota
Oda, Yasuo Nishiguchi, Hiroshi Matsuhisa and Reiko Nakayama were elected and all assumed,
as originally proposed by the Company.
Yasuo Nishiguchi, Hiroshi Matsuhisa and Reiko Nakayama are External Directors.

Proposal 3: Election of One (1) Corporate Auditor
One (1) Corporate Auditor, Naohiro Tsuda was elected and assumed, as originally proposed bythe Company.
Naohiro Tsuda is an External Corporate Auditor.

Proposal 4: Election of One (1) Substitute Corporate Auditor
One (1) Substitute Corporate Auditor, Tetsuya Nonaka was elected as originally proposed by
the Company.
Tetsuya Nonaka is an External Substitute Corporate Auditor.

Proposal 5: Election of Accounting Auditor
Accounting Auditor, Grant Thornton Taiyo LLC was elected and assumed, as originallyproposed by the Company.

Proposal 6: Revision of Remuneration for Directors
The amount of remuneration for Directors has been revised to 700,000 thousand yen or less peryear (including 100,000 thousand yen or less for External Directors), as originally proposed bythe Company.
As in the past, the amount of remuneration for Directors does not include salaries for employeesof Directors who also serve as employees.

Sincerely Yours,
Takayo Kotani
Representative Director and President
YUSHIN PRECISION EQUIPMENT CO., LTD.
555 Kuzetonoshiro-cho, Minami-ku,
Kyoto, JapanDISCLAIMER: This English version is not an official translation of the original Japanese document. In cases where any differences occur
between the English version and the original Japanese version, the Japanese version shall prevail. YUSHIN PRECISION EQUIPMENT CO.,LTD. shall accept no responsibility or liability for damages or loss caused by any error, inaccuracy, misunderstanding or misspelling with regard
to this translation. This translation may be used only for reference purposes. YUSHIN PRECISION EQUIPMENT CO., LTD. maintains theright to claim compensation from violators for any damage or loss it may suffer from the violation of these conditions.