This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shallprevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms ofdamages arising from the translation.
Securities Code: 9726
June 9, 2023
Start date of measures for providing information in electronic format: June 5, 2023
To Shareholders with Voting Rights:
Akimasa Yoneda
Director and President
KNT-CT Holdings Co., Ltd.
2-6-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JapanNOTICE OF THE 86TH ANNUAL GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our appreciation for your continued support and patronage.
We are pleased to inform you that the 86th Annual General Meeting of Shareholders of KNT-CT Holdings Co., Ltd.
(the “Company”) will be held for the purposes as described below.
The Company takes measures for providing information that constitutes the content of reference documents for thegeneral meeting of shareholders, etc. (matters for which measures for providing information in electronic format are
to be taken) in electronic format, and it posts this information on each of the following websites on the Internet, so
please review the documents at your convenience.
The Company’s website:
https://www.kntcthd.co.jp/ir/soukai.html (in Japanese)
Website for posted informational materials for the general meeting of shareholders:
https://d.sokai.jp/9726/teiji/ (in Japanese)
TSE website (Listed Company Search):https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)
Matters subject to measures for electronic provision are also available on the website of the Tokyo Stock Exchange(TSE). Please access the TSE website (Listed Company Search) above, enter “KNT-CT Holdings” in “Issue name(company name)” or “9726” in “Code,” and click “Search.” Then, select “Basic information” and “Documents for
public inspection/PR information” then “Notice of General Shareholders Meeting /Informational Materials for a
General Shareholders Meeting” to review the documents.
You may exercise your voting rights via the Internet or in writing. Please review the attached Reference Documents
for the General Meeting of Shareholders and exercise your voting rights by 5:45 p.m. (JST) on Friday, June 23, 2023.

-1-1. Date and Time: Monday, June 26, 2023, at 10 a.m. (JST)
2. Place:
50F, Shinjuku Sumitomo Bldg.,
2-6-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo(Please note that the venue of the meeting has changed from last year.)
3. Meeting Agenda:
Matters to be reported:
1. The Business Report, Consolidated Financial Statements for the Company’s 86th Fiscal Year (April 1, 2022
- March 31, 2023) and results of audits by the Accounting Auditor and the Audit & Supervisory Board of
the Consolidated Financial Statements
2. Non-consolidated Financial Statements for the Company’s 86th Fiscal Year (April 1, 2022 - March 31, 2023)
Proposals to be resolved:
Proposal 1:
Election of Eleven (11) Directors
Proposal 2:
Election of Three (3) Audit & Supervisory Board MembersWhen attending the meeting, please submit the Voting Rights Exercise Form to the reception.
This Notice of the General Meeting of Shareholders also serves as the document describing the matters subject to measures forelectronic provision in response to a request for delivery of such document. In accordance with laws and regulations and Article
15 of the Company’s Articles of Incorporation, the following items are not included.

The Summary of the System for Ensuring the Appropriateness of Business Activities and Status of its Operation, which is apart of the Business Report
The Consolidated Statements of Changes to Stockholders’ Equity and the Notes to the Consolidated Financial Statements,
which are part of the Consolidated Financial Statements

The Non-consolidated Statements of Changes to Stockholders’ Equity and the Notes to the Non-consolidated Financial
Statements, which are part of the Non-consolidated Financial Statements

Audit reports, consisting of the Accounting Auditor’s audit reports on Consolidated Financial Statements and Nonconsolidated Financial Statements, and the Audit & Supervisory Board’s audit report
Accordingly, the Business Report, Consolidated Financial Statements and the Non-consolidated Financial Statements appended tothis Notice are part of the Business Report, Consolidated Financial Statements and the Non-consolidated Financial Statements
audited by the Accounting Auditor and the Audit & Supervisory Board when preparing the Financial Audit Report and the Audit
Report, respectively.
If revisions to the matters subject to measures for electronic provision arise, a notice of the revisions and the details of the matters
before and after the revisions will be posted on the above websites.

Regarding measures to prevent the spread of COVID-19
In order to prevent the spread of COVID-19, shareholders who are considering attending the General Meeting of Shareholders arerequested to check the prevalence of the virus and their own physical condition on the day of the meeting, and to take sufficient
precautions to prevent infection.
Please note that we may take necessary measures to ensure the safety of shareholders and prevent the infection at the venue of theGeneral Meeting of Shareholders, and we ask for your cooperation.

-2-

Reference Documents for the General Meeting of Shareholders
Proposals and Reference Information
Proposal No. 1
Election of Eleven (11) Directors
The terms of office of all nine current Directors will expire at the conclusion of this meeting. With the intention of
improving compliance and strengthening the management system, the Company proposes to increase the number
of Directors by two and requests the election of eleven Directors.
The candidates for Director are as follows:
CandidateNo.
1

Current position and responsibility in the
Company

Name
Akimasa Yoneda

Reelection

2

Yoshinobu Koyama

Reelection

3

Sadayuki Miyake

Reelection

4

Tetsuya Kobayashi

Reelection

5

Hiroshi Takahashi

6

Yasunori Hori

7

Yusuke Kawasaki

8

Kiyofumi Fujita

OutsideIndependent

9

Kensuke Nakanobo

New election

10

Yoshiya Katamoto

New election

11

Ayako Muto

New election

Director and President
Senior Managing Director
In charge of President’s Office, Corporate
Communication Department and Safety
Management Department
Senior Managing Director

12 of 12 meetings

Director

12 of 12 meetings(Attendance rate: 100%)
11 of 12 meetings

Director(Attendance rate: 92%)
12 of 12 meetings

Director(Attendance rate: 100%)

Reelection
OutsideIndependent

12 of 12 meetings(Attendance rate: 100%)(Attendance rate: 100%)

Reelection
OutsideIndependent

12 of 12 meetings(Attendance rate: 100%)

In charge of Accounting Department

Reelection
OutsideIndependent

Attendance at Board of
Directors meetings

12 of 12 meetings

Director(Attendance rate: 100%)

New election–

Managing Executive Officer
General Manager of President’s Office––

Executive Officer
General Manager of Human Resources
Department–

Reelection
OutsideCandidate for Director to be reelected
Candidate for outside Director

Independent
New election

Candidate for independent officer as defined by the securities exchange
Candidate for Director to be newly elected

-3-

–

–

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1982
May 2004
Sept. 2008
June 2012

Dec. 2013

Apr. 2015
Akimasa Yoneda(February 12, 1960)
Reelection
1

July 2015

June 2016

Number of theCompany’s shares
ownedJoined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
Director of Kintetsu Enterprises Company ofAmerica
Director and President of Kintetsu Enterprises
Company of America
Director and General Manager of Planning
Department of Planning and Sales Division of
Kintetsu Hotel Systems, Inc. (currently
Kintetsu Miyako Hotels International, Inc.)
Director and General Manager of Sheraton
Miyako Hotel Osaka of Kintetsu Hotel
Systems, Inc. (currently Kintetsu Miyako
Hotels International, Inc.)
Managing Director and General Manager of
The Westin Miyako Kyoto of Kintetsu Miyako
Hotels International, Inc.
Managing Director and Manager of Ise-Shima
Summit Planning Office of Kintetsu Miyako
Hotels International, Inc.
Director and Managing Executive Officer incharge of Business Development and Group
Cooperation Promotion Div. of Kintetsu Group
Holdings Co., Ltd.

June 2018

9,200

Director and Managing Executive Officer incharge of Business Development Div.
(Overseas Business), Tokyo Office, Nagoya
Office and Taipei Office of Kintetsu Group
Holdings Co., Ltd.
June 2019
Director and President of the Company(incumbent)[Significant concurrent positions outside the Company]
Representative Director of KNT Co., Ltd.
Representative Director of Club Tourism International Inc.
Representative Director of Kinki Nippon Tourist Blue Planet
Co., Ltd.
[Reasons for nomination as candidate for Director]
Akimasa Yoneda is responsible for management of the Group as Director and President based on his broad range ofexperience and extensive knowledge. Upon comprehensive consideration of his knowledge, capabilities, personality
and other attributes, the Company has determined that he is qualified for the position.

-4-

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Mar. 1982
June 2007
June 2008
June 2011

Yoshinobu Koyama(December 9, 1961)
Reelection
2

3

Jan. 2013
June 2013
June 2019
June 2020

Joined the Company
Executive Officer of Club Tourism
International Inc.
Director of Club Tourism International Inc.
Senior Managing Director of Club Tourism
International Inc.
Director of the Company
Director and President of Club Tourism
International Inc.
Managing Director of the Company
Senior Managing Director of the Company(incumbent)

Number of theCompany’s shares
owned

15,450[Responsibility]
In charge of President’s Office, Corporate Communication
Department and Safety Management Department[Reasons for nomination as candidate for Director]
Yoshinobu Koyama engaged mainly in the operations of the Individual Travel Division at Club Tourism International
Inc. and is currently in charge of the President’s Office, Corporate Communication Department and Safety Management
Department as Senior Managing Director of the Company. Upon comprehensive consideration of his knowledge,
capabilities, personality and other attributes, the Company has determined that he is qualified for the position.
Apr. 1983
Joined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)May 2010
General Manager of Audit Department ofKintetsu Railway Co., Ltd. (currently KintetsuGroup Holdings Co., Ltd.)
June 2012
General Manager of Management Strategy
Office of Comprehensive Strategy Departmentof Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
Nov. 2012
General Manager of Accounting Department ofKintetsu Railway Co., Ltd. (currently KintetsuGroup Holdings Co., Ltd.)
Apr. 2015
General Manager of Accounting Department ofKintetsu Group Holdings Co., Ltd.
Sadayuki Miyake
General Manager of Accounting Department of
5,700(September 13, 1959)
Kintetsu Railway Co., Ltd.
Reelection
June 2016
Director and General Manager of Accounting
Division of Kintetsu Real Estate Co., Ltd.
June 2017
Director and Managing Executive Officer incharge of Management Strategy Div. ofKintetsu Group Holdings Co., Ltd.
June 2018
Audit & Supervisory Board Member of The
Kinki Sharyo Co., Ltd.
June 2019
Director and Managing Executive Officer incharge of Accounting Department of Kintetsu
Railway Co., Ltd.
June 2020
Senior Managing Director of the Company(incumbent)[Responsibility]
In charge of Accounting Department[Reasons for nomination as candidate for Director]
Sadayuki Miyake engaged mainly in the operations of the accounting and finance divisions of the Kintetsu Group and iscurrently in charge of the Accounting Department as Senior Managing Director of the Company. Upon comprehensive
consideration of his knowledge, capabilities, personality and other attributes, the Company has determined that he isqualified for the position.

-5-

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1968

4

Number of theCompany’s shares
ownedJoined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
June 2001
Director of Kintetsu Railway Co., Ltd.
(currently Kintetsu Group Holdings Co., Ltd.)
June 2003
Managing Director of Kintetsu Railway Co.,
Ltd. (currently Kintetsu Group Holdings Co.,Ltd.)
June 2005
Senior Managing Director of Kintetsu Railway
Co., Ltd. (currently Kintetsu Group Holdings
Co., Ltd.)
June 2007
Director and President of Kintetsu Railway Co.,
Ltd. (currently Kintetsu Group Holdings Co.,
Ltd.)
Mar. 2014
Director of the Company
Apr. 2015
Director and Chairman of the Board of Kintetsu
Tetsuya Kobayashi
Group Holdings Co., Ltd.
2,000
(November 27, 1943)
Director and Chairman of the Board of Kintetsu
Reelection
Real Estate Co., Ltd.
Mar. 2016
Director and Chairman of the Board of theCompany
June 2019
Director of the Company (incumbent)
June 2020
Director, Chairman of the Board and GroupCEO of Kintetsu Group Holdings, Co., Ltd.
(incumbent)[Significant concurrent positions outside the Company]
Director and Chairman of the Board of Kintetsu Group Holdings
Co., Ltd.
Director of Kintetsu Department Store Co., Ltd.
Director of Kintetsu World Express, Inc.
Outside Director of The Kansai Electric Power Company,
Incorporated[Reasons for nomination as candidate for Director]
Tetsuya Kobayashi has engaged in operations of a broad range of business as a corporate executive of the KintetsuGroup for many years. In recognition of his abundant experience and extensive knowledge, the Company has
determined that he is qualified for the position.

-6-

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1977

5

6

Number of theCompany’s shares
ownedJoined Japan Development Bank (currently
Development Bank of Japan Inc.)
June 2001
General Manager of Project Finance
Department of Development Bank of Japan Inc.
June 2007
Director of Development Bank of Japan Inc.
Oct. 2008
Director and Managing Executive Officer ofDevelopment Bank of Japan Inc.
June 2011
Director and President of Skynet Asia Airways
Co., Ltd. (currently Solaseed Air Inc.)
Hiroshi Takahashi
June 2017
Director of the Company (incumbent)(September 3, 1954)
Director and President of Japan Economic0
Reelection
Research Institute Inc.
OutsideDirector and Chairman of the Board of Value
Independent
Management Institute, Inc.
June 2020
Outside Audit & Supervisory Board Member of
IINO KAIUN KAISHA, LTD. (incumbent)
Apr. 2023
Director of Japan Economic Research InstituteInc. (incumbent)[Significant concurrent positions outside the Company]
Director of Japan Economic Research Institute Inc.
Outside Audit & Supervisory Board Member of IINO KAIUN
KAISHA, LTD.
[Reasons for nomination as candidate for outside Director and expected roles]
Hiroshi Takahashi has engaged in financial operations for many years. In recognition of his abundant experience andextensive knowledge, the Company has determined that he is qualified to supervise and give advice on businessexecution as outside Director.
Sept. 1975
Joined Hida Hotel Plaza K.K.
Feb. 2001
Director and President of Hida Hotel Plaza
K.K.
Dec. 2013
Director and Chairman of Hida Hotel Plaza
Yasunori Hori
K.K. (incumbent)(April 6, 1948)
May 2019
Chairman of KNT-CT Partners Association
0
Reelection(incumbent)
OutsideIndependent
June 2019
Director of the Company (incumbent)[Significant concurrent positions outside the Company]
Chairman of KNT-CT Partners Association
Director and Chairman of Hida Hotel Plaza K.K.
[Reasons for nomination as candidate for outside Director and expected roles]
Yasunori Hori has engaged in hotel management for many years, and has abundant experience and extensive
knowledge. Besides, in recognition of his deep understanding of the Company’s business as Chairman of KNT-CT
Partners Association, the Company has determined that he is qualified to supervise and give advice on businessexecution as outside Director.

-7-

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company

Number of theCompany’s shares
owned

Oct. 1984

7

8

Joined Asahi & Co. (currently KPMG AZSA
LLC)
June 2000
Partner of Asahi & Co. (currently KPMG AZSA
LLC)
June 2010
Representative Partner of Asahi & Co.
(currently KPMG AZSA LLC)
June 2016Retired from the post of Partner of KPMG
AZSA LLC
July 2016
Opened Yusuke Kawasaki C.P.A. Office
Yusuke Kawasaki
June 2017
Audit & Supervisory Board Member of the(June 21, 1954)
Company
Reelection
OutsideOutside Audit & Supervisory Board Member ofIndependent
Kintetsu World Express, Inc. (incumbent)
June 2020
Outside Audit & Supervisory Board Member of
KOBELCO WIRE COMPANY, LTD.
(incumbent)
June 2022
Director of the Company (incumbent)[Significant concurrent positions outside the Company]
Certified Public Accountant
Outside Audit & Supervisory Board Member of KOBELCOWIRE COMPANY, LTD.
[Reasons for nomination as candidate for outside Director and expected roles]
Yusuke Kawasaki has wide range of experience and extensive knowledge as a certified public accountant, and theCompany has determined that he is qualified to supervise and give advice on business execution as outside Director.
Apr. 2000
Joined Yodoyabashi Godo Law Office(currently Yodoyabashi & Yamagami LPC)
(incumbent)
Mar. 2008
Outside Compliance Committee Member of
Nittochi Asset Management Co., Ltd. (currently
Chuo-Nittochi Asset Management Co., Ltd.)(incumbent)
Aug. 2009
Special Member of Compliance Committee of
Kiyofumi Fujita
FinTech Asset Management Incorporated(July 21, 1972)
May 2014
Director (Outside) of FELISSIMO
New election
CORPORATION (incumbent)
OutsideIndependent
June 2016
Supervisory Director of Ichigo GreenInfrastructure Investment Corporation(incumbent)[Significant concurrent positions outside the Company]
Partner Attorney of Yodoyabashi & Yamagami LPC
Director (Outside) of FELISSIMO CORPORATIONSupervisory Director of Ichigo Green Infrastructure Investment
Corporation[Reasons for nomination as candidate for outside Director and expected roles]
In recognition of his extensive knowledge and broad insight as an attorney, Kiyofumi Fujita can be
expected to contribute to improving compliance in the Group, and the Company has determinedthat he is qualified to supervise and give advice on business execution as outside Director.

-8-

0

0

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1987
Nov. 2009

June 2013

Apr. 2015

June 2016

June 2018

Kensuke Nakanobo(May 11, 1963)
New election
9June 2019

Dec. 2019

June 2020

Apr. 2021

June 2021

June 2022

Apr. 2023

Joined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
General Manager of Planning and Coordination
Department of Terminal Development Business
Division of Kintetsu Railway Co., Ltd.
(currently Kintetsu Group Holdings Co., Ltd.)
General Manager of Business Department of
ABENO HARUKAS Business Division of
Kintetsu Railway Co., Ltd. (currently KintetsuGroup Holdings Co., Ltd.)
General Manager of HARUKAS Operation
Department of Asset Business Division of
Kintetsu Real Estate Co., Ltd.
Executive Officer, General Manager ofBusiness Development Promotion Departmentof Asset Business Division, and General
Manager of HARUKAS Operation Departmentof Kintetsu Real Estate Co., Ltd.
Director in charge of Business Development
Promotion Department of Asset Business
Division, HARUKAS Operation Department,
and Life Care Business of Kintetsu Real EstateCo., Ltd.
Director and Deputy General Manager of AssetBusiness Division of Kintetsu Real Estate Co.,Ltd.
Director, Deputy General Manager of Business
Development Division, and Deputy General
Manager of Asset Business Division of Kintetsu
Real Estate Co., Ltd.
Director, General Manager of Business
Development Division, and Deputy General
Manager of Asset Business Division of Kintetsu
Real Estate Co., Ltd.
Director in charge of Sales Planning Division
and Business Development Division, and
Deputy General Manager of Asset Business
Division of Kintetsu Real Estate Co., Ltd.
Managing Director in charge of Sales Planning
Division and Business Development Division,and Deputy General Manager of Asset Business
Division of Kintetsu Real Estate Co., Ltd.
Senior Managing Director in charge ofBusiness Development Division, and General
Manager of Asset Business Division of Kintetsu
Real Estate Co., Ltd.
Managing Executive Officer and General
Manager of President’s Office of the Company(incumbent)

Number of theCompany’s shares
owned

1,000

[Reasons for nomination as candidate for Director]
Kensuke Nakanobo has engaged in the business development divisions, etc. of the Kintetsu Group for many years, andis currently a Managing Executive Officer of the Company, in charge as General Manager of the President’s Office.
Upon comprehensive consideration of his knowledge, capabilities, personality and other attributes, the Company has
determined that he is qualified for the position.

-9-

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1986
Jan. 2014
June 2018

Yoshiya Katamoto(January 23, 1963)
New election

June 2020

10
June 2021

11

Notes:

1.
2.

3.

4.

5.

6.

7.

Joined the Company
General Manager of Human Resources
Department of the Company
Director and General Manager of SalesManagement Department of Kinki Nippon
Tourist Kyushu Co., Ltd.
General Manager of President’s Office of theCompany
Executive Officer and General Manager of
Human Resources Department of theCompany (incumbent)

Number of theCompany’s shares
owned

1,091

[Reasons for nomination as candidate for Director]
Yoshiya Katamoto has engaged mainly in the Human Resources Department and he is currently Executive Officer andGeneral Manager of the Human Resources Department. Upon comprehensive consideration of his knowledge,
capabilities, personality and other attributes, the Company has determined that he is qualified for the position.
Apr. 1986
Joined the Company
July 2013
General Manager of Human Resources
Department of Club Tourism International Inc.
June 2017
Executive Officer and General Manager of
Human Resources Department of Club Tourism
Ayako Muto
International Inc.
(December 27, 1963)
1,097
New election
June 2020
Director and General Manager of Human
Resources Operations Department of Club
Tourism International Inc. (incumbent)[Significant concurrent positions outside the Company]
Director of Club Tourism International Inc.
[Reasons for nomination as candidate for Director]
Ayako Muto has engaged mainly in the Human Resources Department of Club Tourism International Inc., and she iscurrently a Director of Club Tourism International Inc., in charge as General Manager of the Human Resources
Department. Upon comprehensive consideration of her knowledge, capabilities, personality and other attributes, theCompany has determined that she is qualified for the position.
There is no special interest between any of the candidates and the Company.
Hiroshi Takahashi, Yasunori Hori, Yusuke Kawasaki and Kiyofumi Fujita are candidates for outside Director. Mr.
Takahashi, Mr. Hori and Mr. Kawasaki are currently outside Directors of the Company, and at the conclusion of thismeeting, their tenure will have been six years, four years and one year, respectively.
The Company has submitted notification to the Tokyo Stock Exchange that Mr. Takahashi, Mr. Hori and Mr. Kawasaki
have been designated as independent officers as provided for by the aforementioned exchange. If Kiyofumi Fujita assumes
the office of Director, he will be also notified to the exchange as an independent officer.
Pursuant to Article 427, paragraph (1) of the Companies Act and Article 27 of the Articles of Incorporation, the Company
has entered into agreements with Mr. Takahashi, Mr. Hori and Mr. Kawasaki to limit their liability for damages under
Article 423, paragraph (1) of the Companies Act to the amount prescribed by laws and regulations. If Mr. Takahashi, Mr.
Hori and Mr. Kawasaki assume the office of Director, the Company plans to renew the aforementioned agreements withthem. If Mr. Kiyofumi Fujita assumes the office of Director, the Company plans to enter into the same agreement withhim.
The positions and responsibilities of each candidate at the present and in the past ten years at Kintetsu Group Holdings
Co., Ltd. and its subsidiaries and associates (Kintetsu Enterprises Company of America, Kintetsu Miyako Hotels
International, Inc., Kintetsu Real Estate Co., Ltd., The Kinki Sharyo Co., Ltd., Kintetsu Railway Co., Ltd., Kintetsu
Department Store Co., Ltd., Kintetsu World Express, Inc.) as officer or executive are as indicated in “Career summary andposition in the Company” or “Significant concurrent positions outside the Company.”
The Company has concluded a directors and officers liability insurance policy in which all Directors and Audit &Supervisory Board Members are the insured parties with an insurance company. Each of the candidates for Director to bereelected is already an insured party under the policy and will continue to be such after their reelection. In addition, eachcandidate for Director to be newly elected will be an insured party after their appointment. The policy will cover losses
incurred in cases where a candidate for Director who will be the insured receives a claim for damages arising from theperformance of duties as well as losses incurred when the insured assumes legal liability for the damages against thecompany.
The expertise and experiences (skill matrix) of candidates for Director are as follows:- 10 -

Marketing,Compliance, Accounting,management
management
legal, SDGs
financereformBusiness

No.

Name

1

Akimasa Yoneda

〇

〇

2

Yoshinobu Koyama

〇

〇

3

Sadayuki Miyake〇

4

Tetsuya Kobayashi

〇

〇

5

Hiroshi Takahashi

〇

〇

〇

6

Yasunori Hori

〇

〇

〇

7

Yusuke Kawasaki〇

8

Kiyofumi Fujita〇

9

Kensuke Nakanobo

10

Yoshiya Katamoto

11

Ayako Muto

GlobalHuman
resources,
labor
relations

〇

〇

〇

〇

〇

〇

〇

〇

〇

〇

〇

- 11 -

Proposal No. 2

Election of Three (3) Audit & Supervisory Board Members

The terms of office of all three current Audit & Supervisory Board Members will expire at the conclusion of thismeeting. Therefore, the Company proposes the election of three Audit & Supervisory Board Members.
In addition, the consent of the Audit & Supervisory Board has been obtained for this proposal.
The candidates for Audit & Supervisory Board Member are as follows:
Candidate
No.

Name(Date of birth)

Career summary and position in the Company
Apr. 1979

1

2

Number of theCompany’s shares
ownedJoined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
Nov. 2010
Director of Kintetsu Hotel Systems, Inc.
(currently Kintetsu Miyako Hotels
International, Inc.)
June 2011
Managing Director of Kintetsu Hotel Systems,
Inc. (currently Kintetsu Miyako Hotels
International, Inc.)
Munehiro Komeda
June 2012
Executive Officer of Kintetsu Railway Co., Ltd.
(March 8, 1957)
800
Reelection
Dec. 2013
Director and President of Kintetsu Ryokan
OutsideSystems, Inc.
Apr. 2015
Senior Managing Director in charge of theConsignment Business Department of Kintetsu
Miyako Hotels International, Inc.
Aug. 2017
Director and President of Kintetsu Insurance
Service Co., Ltd.
June 2019
Audit & Supervisory Board Member of theCompany (incumbent)[Reasons for nomination as candidate for outside Audit & Supervisory Board Member]
Munehiro Komeda has been involved in the management of the Kintetsu Group’s hotel, leisure, and other businesses
for many years, and currently conducts audits of the Group as an Audit & Supervisory Board Member (full-time) of theCompany. Upon comprehensive consideration of his knowledge, capabilities, personality and other attributes, theCompany has determined that he is qualified for the position.
Apr. 1981
Joined the Company
Jan. 2009
Executive Officer of the Company
Katsuhiko Imai
Mar. 2010
Director of the Company
2,000(December 20, 1958)
Dec. 2013
Director and President of KNT Business Create
Reelection
Co., Ltd.
Mar. 2016
Audit & Supervisory Board Member of theCompany (incumbent)[Reasons for nomination as candidate for Audit & Supervisory Board Member]
Katsuhiko Imai has experience as a Director of the Company in charge of the Human Resources Department, and hecurrently conducts audits of the Group as an Audit & Supervisory Board Member (full-time) of the Company. Upon
comprehensive consideration of his knowledge, capabilities, personality and other attributes, the Company has
determined that he is qualified for the position.

- 12 -

Candidate
No.

Name
(Date of birth)

Career summary and position in the Company
Apr. 1980

3

Notes:

1.
2.

3.

4.

Number of theCompany’s shares
ownedJoined Kintetsu Railway Co., Ltd. (currently
Kintetsu Group Holdings Co., Ltd.)
Apr. 2015
Managing Director and General Manager ofGeneral Affairs Department of KINTETSUCOMMUNITY CO., LTD.
Nov. 2016
Director and General Manager of General
Affairs Division of Kintetsu Real Estate Co.,Ltd.
June 2017Managing Director and General Manager ofGeneral Affairs Division of Kintetsu Real
Hiroyuki Wakamatsu
Estate Co., Ltd.
(September 21, 1955)
100
June 2018
Audit & Supervisory Board Member ofReelection
Kintetsu Real Estate Co., Ltd. (incumbent)
OutsideJune 2019
Audit & Supervisory Board Member of theCompany (incumbent)
Mar. 2023
Audit & Supervisory Board Member ofKintetsu Railway Co., Ltd. (incumbent)[Significant concurrent positions outside the Company]
Audit & Supervisory Board Member of Kintetsu Railway Co.,Ltd.
Audit & Supervisory Board Member of Kintetsu Real EstateCo., Ltd.
[Reasons for nomination as candidate for outside Audit & Supervisory Board Member]
Hiroyuki Wakamatsu has extensive knowledge and experience in general affairs and auditing, as well as understandingof the Company’s operations. Therefore, upon comprehensive consideration of his knowledge, capabilities, personality
and other attributes, the Company has determined that he is qualified for the position.
There is no special interest between any of the candidates and the Company.
Munehiro Komeda and Hiroyuki Wakamatsu are candidates for outside Audit & Supervisory Board Member. In addition,
Mr. Komeda and Mr. Wakamatsu are currently outside Audit & Supervisory Board Members of the Company, and at theconclusion of this meeting, their tenure will have been four years.
The positions and responsibilities of each candidate at the present and in the past ten years at Kintetsu Group Holdings
Co., Ltd. and its subsidiaries and associates (Kintetsu Ryokan Systems, Inc., Kintetsu Miyako Hotels International, Inc.,
Kintetsu Insurance Service Co., Ltd., KINTETSU-COMMUNITY CO., LTD., Kintetsu Real Estate Co., Ltd. Kintetsu
Railway Co., Ltd.) as officer or executive are as indicated in “Career summary and position in the Company” or“Significant concurrent positions outside the Company.”
The Company has concluded a directors and officers liability insurance policy in which all Directors and Audit &Supervisory Board Members are the insured parties with an insurance company. Each of the candidates for Audit &Supervisory Board Member to be reelected is already an insured party under the policy and will continue to be such after
their reelection. The policy will cover losses incurred in cases where a candidate for Audit & Supervisory Board Member
who will be the insured receives a claim for damages arising from the performance of duties as well as losses incurred
when the insured assumes legal liability for the damages against the company.

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