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.

(Securities Code: 4396)
September 14, 2020
To our shareholders:
Ryoji Koshimizu
Representative Director

System Support Inc.
9F Rifare Bldg., 1-5-2 Honmachi,
Kanazawa, Ishikawa

Notice of the 41st Annual General Meeting of Shareholders
We are pleased to announce the 41st Annual General Meeting of Shareholders of System Support Inc. (the“Company”), which will be held as described below.
However, with regard to this year’s Annual General Meeting of Shareholders, having taken into account therisk of infection by the novel coronavirus, and the safety and security of our shareholders, we humbly request
that, if at all possible, you forgo attending the venue on the day.
You may exercise your voting rights either by postal mail (voting form) or electronically (via the Internet).
Please review the “Reference Documents for the General Meeting of Shareholders” attached below. We
request that you exercise your voting rights no later than 6:00 p.m., Monday, September 28, 2020 (JST).
1. Date and Time:

Tuesday, September 29, 2020, at 10:00 a.m. (JST) (Reception scheduled to open
at 9:30 a.m.)

2. Venue:

Ishikawa Prefectural Bunkyo Hall, 1F Hall
10-5 Oyamamachi, Kanazawa-shi, Ishikawa* Please note that the venue may be changed. In that case, such changes will
be posted on the Company’s website (Japanese only).
The Company’s website: https://www.sts-inc.co.jp/ir/index.html

3. Purpose of the Meeting
Matters to be reported
1. The Business Report and the Consolidated Financial Statements for the 41stfiscal year (from July 1, 2019 to June 30, 2020), and the results of audits of theConsolidated Financial Statements by the Financial Auditor and the Audit &Supervisory Committee
2. The Non-consolidated Financial Statements for the 41st fiscal year (from July 1,2019 to June 30, 2020)
Matters to be resolved
Proposal No. 1 Appropriation of Surplus
Proposal No. 2 Election of Four Directors Who Are Not Audit & Supervisory Committee
Members
Proposal No. 3 Election of Three Directors Who Are Audit & Supervisory Committee Members

For those attending the meeting on the day, please submit the enclosed voting form at the reception desk of the meeting.

-1-Reference Documents for the General Meeting of Shareholders
Proposal No. 1

Appropriation of Surplus

The Company has positioned the return of profits to shareholders as a key management priority. Whilestrengthening operational structures and securing the internal reserves required for the future development of
the business, our basic policy is to maintain a stable dividend, and to work to further raise the dividend to alevel commensurate with the level of performance and profits.
In line with the aforementioned policy, the Company proposes to pay year-end dividends for the fiscal year
as follows:

1.

Type of dividend property
To be paid in cash.

2.

Allotment of dividend property and their aggregate amount(1) ¥10 per common share of the Company(2) Total dividends: ¥100,559,770

3.

Effective date of dividends of surplus
September 30, 2020-2-

Proposal No. 2

Election of Four Directors Who Are Not Audit & Supervisory Committee Members

The terms of office of all four Directors who are not Audit & Supervisory Committee Members will expire
at the conclusion of this meeting.
Therefore, the Company proposes the election of four Directors who are not Audit & Supervisory Committee
Members.
In addition, with regard to this proposal, the outcome of deliberations by the Audit & Supervisory Committeeof the Company in relation to the execution of business, insights, and abilities, etc. of the candidates was that
all of them were deemed well suited to the role.
Candidates for the role of Director who is not an Audit & Supervisory Committee Member are as follows:

No.

Name

Current positions

Attributes

1

Ryoji Koshimizu

Representative Director

Reelection

2

Kenji Suzuki

Senior Managing Director

Reelection

3Mitsuru Noto

Senior Managing Director

Reelection

4Naoyuki Morita

DirectorReelection

Reelection

Candidate for Director to be reelected-3-No.

Name(Date of birth)

Career summary (Including position and responsibility in theCompany, and significant concurrent positions outside theCompany)
Apr. 1979

Number of theCompany’s
shares owned

Joined ROYAL HOLDINGS Co., Ltd.

Oct. 1980

Joined the Company

Sept. 1990

Senior Managing Director

Sept. 1994

Representative Director (current position)(Responsibility)
Internal Auditing Office and Administrative Planning
Department(Significant concurrent positions outside the Company)
Chairman of Ishikawa Information System Association1

Ryoji Koshimizu(May 15, 1956)

Representative Director and Chairman of eNet Solutions
Co., Ltd.

Reelection

Representative Director and Chairman of STS-MEDIC Inc.

Attendance at Board ofDirectors meetings
19/19

268,000 shares

Representative Director and Chairman of ACROSS
Solutions, Inc.
Director of STS Innovation, Inc.
Director of STS Innovation Canada Inc.
Reasons for nomination as candidate for Director
As Representative Director, Ryoji Koshimizu has directed the management overmany years and under his strong leadership the Group has achieved continuous
growth, resulting in the Company being listed on the Tokyo Stock Exchange
Mothers market in August 2018, and moving on the first section of the Tokyo
Stock Exchange in August 2019. The Company judges that, in addition toleveraging his extensive experience and achievements as a manager to takeresponsibility for supervision and governance of the whole of management, heis capable of leading the organization to steadily achieve sustainable growth,and accordingly it has designated him a candidate for reelection as Director.

Kenji Suzuki(May 2, 1948)
2

Reelection
Attendance at Board ofDirectors meetings
19/19Jan. 1970

Joined Recruit Holdings Co., Ltd.

Oct. 1996

Joined NOS Co., LtdJan. 2005

Joined INX Co., LtdMay 2006

Joined the Company

Sept. 2009

DirectorSept. 2012Managing DirectorJuly 2016

Senior Managing Director (current position)

100,000 shares(Responsibility)
Tokyo Branch Office, Nagoya Branch Office, AMO Center
Promotion Department, DX Promotion Department, andCloud R&D Promotion Department(Significant concurrent positions outside the Company)
Director and Chairman of T4C Co., Ltd.
Reasons for nomination as candidate for Director
Kenji Suzuki has been intimately familiar with the industry for many years, andpossesses extensive experience and broad insights in that regard. Since joining
the company, he has helped to realize the growth strategy and raise corporate
value, primarily through his efforts in the operating divisions and in humanresources. The Company judges that, in addition to utilizing his extensive
experience and strong leadership to drive the business activities of the Group asa whole, he is capable of implementing appropriate supervision of management,
and accordingly it has designated him a candidate for reelection as Director.

-4-No.

Name(Date of birth)

Career summary (Including position and responsibility in theCompany, and significant concurrent positions outside theCompany)
Apr. 1978

Joined HOKURIKU COMPUTER SERVICECO.,LTD.

Dec. 1982

Joined the Company

Sept. 1995

DirectorSept. 2004

Managing DirectorSept. 2012

Senior Managing Director (current position)(Responsibility)
Mitsuru Noto
(December 7, 1959)
3

Reelection
Attendance at Board ofDirectors meetings
19/19

Number of theCompany’sshares owned

160,000 shares

Hokuriku Branch Office, Osaka Office, Activity Support
Department, and SHIFTEE Department(Significant concurrent positions outside the Company)
Director of ACROSS Solutions, Inc.
Director and CFO of STS Innovation, Inc.
Director and CFO of STS Innovation Canada Inc.
Reasons for nomination as candidate for Director
After initially working in development roles, Mitsuru Noto has been engaged
for many years in company management as a Director of the Company, an area
in which he possesses extensive experience and knowledge. In addition toputting in place a platform for business expansion in Japan and overseas, anddriving growth, he has contributed to the creation of new corporate value for theGroup through such initiatives as conceiving and commercializing newproducts. The Company judges that, in addition to accelerating growthstrategies by means of his ability to get things done, he is capable of leading theorganization to achieve sustainable growth, and accordingly it has designatedhim a candidate for reelection as Director.
Apr. 1981

Joined Kinjohro Co., Ltd.

Feb. 1987

Joined the Company

Sept. 2009

Director (current position)(Responsibility)

60,000 shares

Management Headquarters
Naoyuki Morita(March 25, 1961)
4Reelection
Attendance at Board ofDirectors meetings
19/19(Significant concurrent positions outside the Company)
NoneReasons for nomination as candidate for Director
After initially working in development roles, Naoyuki Morita has for many
years been in charge of the administration departments, an area in which hepossesses extensive experience and knowledge. In addition to rolling out andstrengthening the compliance and corporate governance systems of the Group,
he has contributed to improving the financial position of the Company and toestablishing a thorough framework of risk management. The Company judges
that, in addition to maintaining and enhancing the soundness and transparencyof management, he is capable of implementing further improvements tocorporate governance, and accordingly it has designated him a candidate forreelection as Director.

(Notes) 1. The number of the Company’s shares owned by each candidate uses the figure for the end of the period underreview (June 30, 2020).
2. There is no special interest between any of the candidates and the Company.

-5-Proposal No. 3

Election of Three Directors Who Are Audit & Supervisory Committee Members

The terms of office of all three Directors who are Audit & Supervisory Committee Members will expire at
the conclusion of this meeting.
Therefore, the Company proposes the election of three Directors who are Audit & Supervisory CommitteeMembers.
In addition, the consent of the Audit & Supervisory Committee has been obtained for this proposal.
Candidates for the role of Director who is an Audit & Supervisory Committee Member are as follows:No.

Name

Current positions

Attributes

1

Kenji Takai

Director and full-time Audit &Supervisory Committee Member

Reelection

2

Kunio Hirosaki

Outside Director and Audit &Supervisory Committee Member

Reelection Outside Independent

3

Sayo Asou

Outside Director and Audit &Supervisory Committee Member

Reelection Outside Independent

Reelection

Candidate for Director to be reelectedOutsideCandidate for outside DirectorIndependentCandidate for independent officer-6-No.

Name(Date of birth)

Kenji Takai(November 20, 1956)
Reelection
1

Attendance at Board ofDirectors meetings
19/19
Attendance at Audit &Supervisory Committee
meetings
15/15

Career summary (Including position and responsibility in theCompany, and significant concurrent positions outside theCompany)
Apr. 1979

Joined ROYAL HOLDINGS Co., Ltd.

Mar. 1990

Joined the Company

July 2013

Branch Office Manager of Nagoya Branch
OfficeSept. 2015

Audit & Supervisory Board Member

Sept. 2016

Director and full-time Audit & Supervisory
Committee Member (current position)(Significant concurrent positions outside the Company)

Reelection
OutsideIndependent
2Attendance at Board ofDirectors meetings
19/19
Attendance at Audit &Supervisory Committeemeetings
15/15

70,000 shares

Audit & Supervisory Board Member of eNet Solutions Co.,Ltd.
Audit & Supervisory Board Member of T4C Co., Ltd.
Audit & Supervisory Board Member of STS-MEDIC Inc.
Audit & Supervisory Board Member of ACROSS Solutions,Inc.
Reasons for nomination as candidate for Director who is an Audit &Supervisory Committee MemberKenji Takai has a background in directing operating divisions as the person incharge of the branch office, and has driven growth for both the Company andthe Group while making significant contributions to raising the Group’scorporate value. The Company judges that he will leverage his knowledge,
experience, and broad insights that make use of his familiarity with the industry
to supervise management of the Company appropriately and fairly, andaccordingly it has designated him a candidate for reelection as Director who is
an Audit & Supervisory Committee Member.
Apr. 1972

Kunio Hirosaki(February 4, 1954)

Number of theCompany’sshares owned

Joined The Hokkoku Bank, Ltd.

June 2006

Executive Officer

June 2008

Director and Executive Officer

June 2010

Managing Director and Executive Officer

June 2011

Full-time Audit & Supervisory BoardMember (Retired in June 2015)

Sept. 2016

Outside Director and Audit & Supervisory
Committee Member of the Company (currentposition)

20,000 shares(Significant concurrent positions outside the Company)
Operating Officer of CHUOU SEKKEI ENGINEERING
Director and General Manager of Business Division ofHakusan Senami Company Limited
Auditor of Social Welfare Corporation Tedorikai
Audit & Supervisory Board Member of Himawari HomeCorporation
Reasons for nomination as candidate for outside Director who is an Audit &Supervisory Committee Member
Kunio Hirosaki has extensive experience and broad insights derived from his
background in important roles in the financial industry, and has commented as
appropriate on the management of the Company from a neutral and objective
viewpoint. Taking into account these achievements, the Company has
designated him a candidate for reelection as Director who is an Audit &Supervisory Committee Member in order that he may continue to leverage his
experience and knowledge for the benefit of the management of the Company.

-7-No.

Name(Date of birth)

Sayo Asou(October 26, 1975)
Reelection
OutsideIndependent
3

Attendance at Board ofDirectors meetings
19/19
Attendance at Audit &Supervisory Committee
meetings
15/15

Career summary (Including position and responsibility in theCompany, and significant concurrent positions outside theCompany)
Oct. 2006

Registered as an attorney at law (59th legalapprentice)

Oct. 2006

Joined Tanaka Legal Professional
Corporation

Oct. 2011

Representative of Asou Law Office(currently Kanazawa Aoba Law Office)(current position)

Sept. 2016

Outside Director and Audit & Supervisory
Committee Member of the Company (currentposition)

Number of theCompany’sshares owned

20,000 shares(Significant concurrent positions outside the Company)
Representative of Kanazawa Aoba Law OfficeMember of External Evaluation Committee, Credit
Guarantee Corporation of Ishikawa PrefectureMember of Public Works Evaluation & OversightCommittee, Ishikawa Prefectural Government Civil
Engineering Department
Member of Medical Safety Management & Audit
Committee, Kanazawa University Hospital
Reasons for nomination as candidate for outside Director who is an Audit &Supervisory Committee Member
Sayo Asou has commented as appropriate on the management of the Company
from the viewpoint of risk management and compliance, etc., based on her longyears of experience as a lawyer and the perspective afforded by her expertise.
She has never been involved in the management of a company in the past.
However, taking into account these achievements, the Company has designatedher a candidate for reelection as Director who is an Audit & Supervisory
Committee Member in order that she may continue to leverage her highly
specialized insights for the benefit of the management of the Company.

(Notes) 1. Candidate Sayo Asou is listed in the Family Register under the name of Sayo Okano.
2. The number of the Company’s shares owned by each candidate uses the figure for the end of the period underreview (June 30, 2020).
3. There is no special interest between any of the candidates and the Company.
4. Pursuant to the provisions of Article 427, paragraph (1) of the Companies Act, the Company has entered intoagreements with Kenji Takai, Kunio Hirosaki and Sayo Asou to limit their liability for damages under Article 423,
paragraph (1) of the same Act. The maximum amount of limited liability under these agreements shall be theminimum liability prescribed in Article 425, paragraph (1) of the Companies Act. If the reelection of Mr. Takai,Mr. Hirosaki and Ms. Asou is approved, the Company plans to renew the aforementioned agreements with them.
5. Mr. Hirosaki and Ms. Asou are candidates for outside Director.
6. Mr. Hirosaki and Ms. Asou are currently outside Directors who are Audit & Supervisory Committee Members ofthe Company, and at the conclusion of this meeting, their tenure will have been four years.
7. The Company has submitted notification to the Tokyo Stock Exchange that Mr. Hirosaki and Ms. Asou have been
designated as independent officers as provided for by the aforementioned exchange. If the reelection of Mr.
Hirosaki and Ms. Asou is approved, the Company plans for their designation as independent officers to continue.

-8-