January 12, 2024
To our shareholders
Company name:

SENSHU ELECTRIC CO., LTD.

Representative:

Motohide Nishimura,
Representative Director, President(Stock code: 9824 TSE Prime Market)

Inquiries:

Kazuto Narita,
Senior Managing Director & Executive Officer& General Manager of Administration Division(TEL +81 6-6384-1101)

Partial correction to information stated in the Notice of Convocation
We apologize for the correction of some items in our "Notice of the 74th Annual General Meeting ofShareholders" , which was sent to you on January 10, 2024, and we would like to make the following corrections
as of this website.
The corrected items are underlined.
【Correction】「Notice of the 74th Annual General Meeting of Shareholders」page 12
Reference Documents for the General Meeting of Shareholders
Proposals and Reference Information
Proposal No. 2

Election of 12 Directors (Excluding Directors Who Are Audit and Supervisory CommitteeMembers)
Notes（Before correction）
Notes:
1.The Company has a trading relationship including the buying/selling of products with SENSHU
ELECTRIC INTERNATIONAL CO., LTD., where Takao Tahara concurrently serves as Representative
Director and Chairman.
2.Other than the above mentioned, there is no special interest between any of the candidates and theCompany.
3.Tooru Muneoka and Tsuyoshi Kondo are candidates for outside Director.
4.The Company has submitted notification to the Tokyo Stock Exchange that Tooru Muneoka and Tsuyoshi
Kondo have been appointed as independent officers as provided for by the aforementioned exchange. If
their reelection is approved, the Company plans for their appointments as independent officers tocontinue.
5.Pursuant to the provisions of Article 427, paragraph (1) of the Companies Act, the Company has enteredinto agreements with Tooru Muneoka and Tsuyoshi Kondo to limit their liability for damages underArticle 423, paragraph (1) of the Companies Act. Under these agreements, the maximum amount ofliability for damages is the amount provided for under laws and regulations. If their reelection is approved,
the Company plans to renew the aforementioned agreements with them.
6.The Company has entered into a directors and officers liability insurance policy as provided for in Article
430-3, paragraph (1) of the Companies Act with an insurance company. The insurance policy includes theDirectors of the Company as the insureds. Under the insurance policy, the insurance company covers
losses that may arise from an insured’s assumption of liability incurred in the course of the performance ofduties as an officer or a person at a certain position, or receipt of claims pertaining to the pursuit of such

liability. (However, there are coverage exclusions, such as losses arising from performance of an illegal
act with full knowledge of its illegality.) If each candidate is elected and assumes office as Director, theCompany will include each of them as an insured in the insurance policy. In addition, when the policy isrenewed, the Company plans to renew the policy with the same terms.
（Post correction）
Notes:
1.The Company has a trading relationship including the buying/selling of products with SENSHU
ELECTRIC INTERNATIONAL CO., LTD., where Takao Tahara concurrently serves as Representative
Director and Chairman.
2.Other than the above mentioned, there is no special interest between any of the candidates and theCompany.
3.Tooru Muneoka and Tsuyoshi Kondo are candidates for outside Director.
4.The Company has submitted notification to the Tokyo Stock Exchange that Tooru Muneoka and Tsuyoshi
Kondo have been appointed as independent officers as provided for by the aforementioned exchange. If
their reelection is approved, the Company plans for their appointments as independent officers tocontinue.
5. DDS CO. LTD. , for which Toru Muneoka served as a statutory auditor until November 2022, received anadministrative monetary penalty order from the Financial Services Agency in February 2023 for false
statements in Annual Securities Reports, etc. and an administrative monetary penalty order in September
2023 for specified involvement acts concerning false disclosure documents, due to inappropriate
accounting treatment during his term of office. Mr. Muneoka had always made efforts to prevent
violations of laws and regulations at meetings of the Board of Directors, etc., by offering opinions andproposals from the viewpoint of group governance, risk management, and legal compliance, and had fully
cooperated with the investigation by the third-party committee and fulfilled his responsibilities after thediscovery of the legal violations at the company.
6.Pursuant to the provisions of Article 427, paragraph (1) of the Companies Act, the Company has enteredinto agreements with Tooru Muneoka and Tsuyoshi Kondo to limit their liability for damages underArticle 423, paragraph (1) of the Companies Act. Under these agreements, the maximum amount ofliability for damages is the amount provided for under laws and regulations. If their reelection is approved,
the Company plans to renew the aforementioned agreements with them.
7.The Company has entered into a directors and officers liability insurance policy as provided for in Article 430-3,
paragraph (1) of the Companies Act with an insurance company. The insurance policy includes the Directors ofthe Company as the insureds. Under the insurance policy, the insurance company covers losses that may arise
from an insured’s assumption of liability incurred in the course of the performance of duties as an officer or aperson at a certain position, or receipt of claims pertaining to the pursuit of such liability. (However, there arecoverage exclusions, such as losses arising from performance of an illegal act with full knowledge of itsillegality.) If each candidate is elected and assumes office as Director, the Company will include each of themas an insured in the insurance policy. In addition, when the policy is renewed, the Company plans to renew thepolicy with the same terms.