This English version is not an official translation of the original Japanese document. In cases where any
differences occur between the English translation and the Japanese original, the Japanese original shallprevail. Obara Group Inc. assumes no responsibility for accuracy, correctness or contents of this Englishversion.

(Stock code number: 6877)
December 2, 2022
To Shareholders with Voting Rights:
Yasushi Obara
President
Obara Group Inc.
3-2-10 Chuo-Rinkan, Yamato-shi,
Kanagawa, JapanNOTICE OF
THE 64TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
We would like to express our appreciation for your continued support and patronage.
We are pleased to announce that the 64th Ordinary General Meeting of Shareholders of Obara Group Inc.
(the “Company”) will be held for the purposes as described below.
For reducing the spread of various infections, we ask you to consider not attending the General Meetingof Shareholders in person and instead exercise your voting rights beforehand in writing. When exercising
your voting rights beforehand in writing, please review the attached Reference Documents for theGeneral Meeting of Shareholders, indicate your votes for or against the proposals on the enclosed Voting
Rights Exercise Form and return it to us so that it is received by 5:00 p.m. on Monday, December 19,2022, Japan time.
1. Date and Time:

Tuesday, December 20, 2022 at 10:00 a.m. Japan time

2. Place:

Reception hall “La Rose” on the 3rd floor of Rembrandt Hotel Ebina at
2-9-50 Chuo, Ebina-shi, Kanagawa, Japan(Please refer to the map of the venue in Japanese attached at the end of thedocument.)

3. Meeting Agenda:
Matters to be reported:

1. The Business Report, Consolidated Financial Statements for theCompany’s 64th Fiscal Year (October 1, 2021 – September 30, 2022) andresults of audits of the Consolidated Financial Statements by theAccounting Auditor and the Audit & Supervisory Board
2. Non-consolidated Financial Statements for the Company’s 64th Fiscal Year
(October 1, 2021 – September 30, 2022)
Matters to be resolved:
Proposal 1:
Proposal 2:

Appropriation of Surplus
Partial Amendments to the Articles of Incorporation-1-4. Matters Disclosed on the Internet
With regard to the documents provided with this notice, the following documents have been posted on theCompany’s website (http://www.obara-g.com/) in Japanese in accordance with the provisions of laws andregulations and Article 18 of the Articles of Incorporation of the Company. For this reason, they are notincluded in the documents provided with this notice.
(1) Notes to the Consolidated Financial Statements(2) Notes to the Non-consolidated Financial Statements
The Auditors and the Accounting Auditor have audited the aforementioned documents in addition to thedocuments provided with this notice.

When attending the meeting in person, please submit the enclosed Voting Rights Exercise Form at the reception
desk.
Should the documents provided with this notice and the Reference Documents for the General Meeting ofShareholders require revisions by the day before the date of the General Meeting of Shareholders, the revised versions
will be posted on the Company’s website (http://www.obara-g.com/) in Japanese.
We ask that shareholders attending the meeting bring and wear a mask.
Shareholders will have their temperature checked at the reception desk, and any person who is confirmed to havea fever or deemed to be unwell may be refused admission and asked to leave.

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Proposals and References
Proposal 1:
Appropriation of Surplus
It is proposed that the year-end dividend for the fiscal year under review be as follows taking into
consideration factors such as the results of operation for the fiscal year under review and future businessdevelopment.
(1) Type of dividend property: Cash
(2) Matter related to allotment of dividend property and its total amount:
90 yen per share of common stock of the Company
Total amount:
1,414,966,590 yen(3) Effective date for distribution of surplus:
December 21, 2022
Proposal 2:

Partial Amendments to the Articles of Incorporation

1. Reasons for amendments
In accordance with the system for electronic provision of materials for the general meeting ofshareholders stipulated in the proviso of Article 1 of the Supplementary Provision of the “Act Partially
Amending the Companies Act” (Act No. 70 of 2019), which took effect on September 1, 2022, provisions
will be established to the effect that information contained in the reference documents for the general
meeting of shareholders, etc. will be provided electronically and that the scope of matters to be included in
the documents to be delivered to shareholders who have requested delivery of a paper copy may be limited.
In addition, the provisions related to the internet disclosure and deemed provision of the reference
documents for the general meeting of shareholders, etc. will be deleted as they are no longer necessary, andsupplementary provisions regarding transitional measures, etc. in accordance with these changes will beestablished.

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2. Details of amendments
The details of the amendments are as follows(Amended parts are underlined.)
Current Articles of Incorporation(Internet Disclosure and Deemed Provision ofReference Documents for the General Meeting ofShareholders, Etc.)
Article 18 The Company may, when convening ageneral meeting of shareholders, deem thatit has provided information to shareholders
pertaining to matters to be described orindicated in the reference documents forthe general meeting of shareholders,business report, non-consolidated financialstatements, and consolidated financialstatements, by disclosing such information
through the internet in accordance with theprovisions provided in the Ordinance of theMinistry of Justice.

(Newly established)(Newly established)

Proposed Amendments to the Articles of Incorporation(Deleted)(Measures for Electronic Provision, Etc.)
Article 18 The Company shall, when convening a general
meeting of shareholders, provide information
contained in the reference documents for thegeneral
meetingofshareholders,etc.
electronically.
2 Among the matters to be provided electronically,
the Company may choose not to include all or partof the matters stipulated in the Ordinance of theMinistry of Justice in the paper copy to be sent toshareholders who have requested it by the record
date for voting rights.
(Supplementary Provisions)
1. Notwithstanding the provisions of Article 18(Measures for Electronic Provision, Etc.) of the
Articles of Incorporation after amendment,Article 18 (Internet Disclosure and Deemed
Provision of Reference Documents for theGeneral Meeting of Shareholders, Etc.) of the
Articles of Incorporation before amendment shallremain in force with respect to a general meetingof shareholders to be held on or before the last dayof February 2023.
2. These Supplementary Provisions shall be deleted
on March 1, 2023 or after the lapse of threemonths from the date of the general meeting ofshareholders set forth in the preceding paragraph,
whichever is later.

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