May 22, 2020
Company name
Representative

Nitta Gelatin Inc.

Koichi Ogata,
Representative Director and President(Stock code: 4977; First Section of Tokyo Stock Exchange)
Norifumi Nagaoka,Contact
Director and Executive Officer
General Manager of General Management Division
Phone Number +81-72-949-5381

Notice Regarding Policy for Holding a Follow-up Meetingfor the 81st Ordinary General Shareholders’ Meeting
Nitta Gelatin Inc. (hereinafter “Nitta Gelatin”) hereby announces that its Board of Directors has passed
a resolution on May 22, 2020 regarding the policy for holding a follow-up meeting to the 81stOrdinary General Shareholders’ Meeting. The details are as follows.

1. Reason for deciding the policy for holding a follow-up meeting to the Ordinary
General Shareholders’ Meeting
As announced in “Notice Regarding Postponement of Announcement of Consolidated Financial
Results for the Fiscal Year Ended March 31, 2020” on April 23, 2020, Nitta Gelatin faced delays induties related to the consolidated financial statements due to the impact of the COVID-19 outbreak onsome of its overseas subsidiaries (in India), and at this point in time the financial reporting procedures
have not yet been completed. Therefore, of the purpose of the meeting of the 81st Ordinary General
Shareholders’ Meeting to be held on June 25, 2020 (hereinafter referred to as “the General Meeting”),
it is difficult for Nitta Gelatin to make a report at the General Meeting regarding “The Business Report
and the Consolidated Financial Statements for the 81st fiscal year (from April 1, 2019 to March 31,2020), and the results of audits of the Consolidated Financial Statements by the Financial Auditor andthe Audit & Supervisory Board” and regarding “The Non-consolidated Financial Statements for the81st fiscal year (from April 1, 2019 to March 31, 2020),” which are all matters to be reported.
Therefore, while setting a new record date and postponing the date of the Ordinary General
Shareholders’ Meeting was an option, Nitta Gelatin considered that it would best serve the interest of
its shareholders to hold the Ordinary General Shareholders’ Meeting during the period stipulated in its
Articles of Incorporation and make resolutions such as appropriation of surplus, and then hold afollow-up meeting to the General Meeting to announce the matters to be reported as soon as they aredecided. Nitta Gelatin thus decided the policy for holding the follow-up meeting.
For the General Meeting, Nitta Gelatin will hold a separate follow-up meeting to report thefinancial report for the 81st fiscal year, and will request approval of its shareholders regarding a request
to the Board of Directors to determine the date and place of the follow-up meeting (hereinafter referred
to as “the Proposal”). If shareholders approve the Proposal at the General Meeting, Nitta Gelatin willhold the follow-up meeting after sending its shareholders a notice separately.

-1-2. Overview of the Ordinary General Shareholders’ Meeting, etc.
(1) Overview of the Ordinary General Shareholders’ Meetinga. Date and Time:Thursday, June 25, 2020 at 10:00 a.m.
b. Venue:“Main Hall,” 8th floor, OSAKA SCIENCE & TECHNOLOGY CENTER
1-8-4 Utsubohonmachi, Nishi-ku, Osakac. Purpose of the Meeting: Matters to be reported
1. The Business Report and the Consolidated Financial Statements forthe 81st fiscal year (from April 1, 2019 to March 31, 2020), and theresults of audits of the Consolidated Financial Statements by theFinancial Auditor and the Audit & Supervisory Board
2. The Non-consolidated Financial Statements for the 81st fiscal year
(from April 1, 2019 to March 31, 2020)* The above matters to be reported will not be reported at the General
Meeting, but will be reported at the follow-up meeting.
Matters to be resolved
1. Proposal No. 1 Appropriation of Surplus
2. Proposal No. 2 Election of Eight Directors* Regarding the above matters to be resolved, we will make theproposals and request approval of our shareholders at the GeneralMeeting.
(2) Overview of the Follow-up Meeting
At the Ordinary General Shareholders’ Meeting mentioned in the previous paragraph, Nitta Gelatin’s
policy is to resolve the “continuation” of the General Shareholders’ Meeting under Article 317 of theCompanies Act. The overview of the follow-up meeting based on this resolution is as follows.
a. Date and Time:
To be announced as soon as it is decided.
b. Purpose of the Meeting: Matters to be reported
1. The Business Report and the Consolidated Financial Statements forthe 81st fiscal year (from April 1, 2019 to March 31, 2020), and theresults of audits of the Consolidated Financial Statements by theFinancial Auditor and the Audit & Supervisory Board
2. The Non-consolidated Financial Statements for the 81st fiscal year
(from April 1, 2019 to March 31, 2020)(3) Requests for Measures to Prevent the COVID-19 OutbreakUpon holding the General Meeting and the follow-up meeting, Nitta Gelatin plans to implement
measures to prevent infections. However, all shareholders are advised to refrain from traveling to thevenue this year and exercise their voting rights in advance in writing (via postal mail), as much aspossible.

-2-3. Matters Concerning Year-End Dividends(1) Changes of the dividend record date for the year-end dividends
There is no change to the dividend record date for the year-end dividends.
(2) Other matters decided regarding dividends
Please refer to the “Notice Regarding Dividends of Surplus” that was separately disclosed today.
(Reference) Details of Dividends

Record date

Proposed dividends

Most recentdividends forecast(February 10, 2020)

Results for the previous fiscal year
(fiscal year ended March 31, 2019)

March 31, 2020

Same as left

March 31, 2019

Dividend per share¥6.00

Same as left

¥10.00(Year-end dividend¥6.00)(Commemorative dividend ¥4.00)

Total amount¥110 million-¥183 million

Effective dateJune 26, 2020

-June 27, 2019

Source of dividends

Retained earnings-

Retained earnings

4. Future outlook (Impact of the COVID-19 on Business Activities, etc.)
The impact of the COVID-19 outbreak on our consolidated financial results for the fiscal year ended
March 31, 2020 was negligible. At this point in time, there is no change to the consolidated financial
results forecast announced on February 10, 2020, but should a revision be necessary, it will bedisclosed promptly. Additionally, the impact of the COVID-19 outbreak on the consolidated financial
results for the fiscal year ending March 31, 2021 is currently under close scrutiny and will beannounced at the same time with the financial results.

-3-