The following is an unofficial English translation of the Notice of the Resolutions of the151st Ordinary General Meeting of Shareholders of Sumitomo Electric Industries, Ltd.
(the “Company”) on June 25, 2021. The Company provides this translation for yourreference and convenience only and without any warranty as to its accuracy orcompleteness or otherwise. Please also refer to the original Japanese text available on
our Japanese Web site (https://sei.co.jp/ir/meeting/).
(Translation)
June 25, 2021
To the Shareholders
Sumitomo Electric Industries, Ltd.
5-33, Kitahama 4-chome
Chuo-ku, Osaka City
Represented by: Osamu Inoue
President

NOTICE OF THE RESOLUTIONS OF
THE GENERAL MEETING OF SHAREHOLDERS
We are pleased to hereby inform you that the following matters were reported andresolved at the 151st Ordinary General Meeting of Shareholders of Sumitomo ElectricIndustries, Ltd. held today (the “Meeting”).
Matters reported
1.

Reporting on the Business Report, the Consolidated Financial Statements and theresults of the examination of the Consolidated Financial Statements by theAccounting Auditor and the Audit & Supervisory Board for the 151st fiscal year
(from April 1, 2020 to March 31, 2021)
Under this item, the contents of the aforementioned Business Report and theConsolidated Financial Statements as well as the results of their examination werereported.

2.

Reporting on the Non-Consolidated Financial Statements for the 151st fiscal year
(from April 1, 2020 to March 31, 2021)
Under this item, the contents of the above Non-Consolidated Financial Statements
were reported.

Matters resolvedFirst item:

Disposition of surplus
This item was approved and resolved as proposed, and theamount of the year-end dividend for this fiscal year wasdetermined to be sixteen yen (¥16) per share.
-1-Second item:Appointment of fifteen (15) Directors due to the expiration of theterm of office of all of the current Directors
Under this item, Messrs. Masayoshi Matsumoto, Osamu Inoue,
Mitsuo Nishida, Yoshitomo Kasui, Akira Nishimura, Hideo Hato,
Masaki Shirayama, Nobuyuki Kobayashi, Hiroshi Sato,
Michihiro Tsuchiya and Ms. Christina Ahmadjian werere-elected, and Messrs. Yasuhiro Miyata, Toshiyuki Sahashi,
Katsuaki Watanabe, and Atsushi Horiba were newly elected asDirectors and accepted their appointment.
Messrs. Hiroshi Sato, Michihiro Tsuchiya,Ms. Christina Ahmadjian, Messrs. Katsuaki Watanabe andAtsushi Horiba are Outside Directors.

Third item:

Appointment of one (1) Audit & Supervisory Board Member
Under this item, Mr. Tatsuo Kijima was newly elected as an Audit& Supervisory Board Member and accepted his appointment.
Mr. Tatsuo Kijima is an Outside Audit & Supervisory BoardMember.

Fourth item:

Payment of bonuses to the Directors
Under this item, it was approved and resolved as proposed thatbonuses totaling 130 million yen (¥130,000,000) would be paid tonine (9) Directors, other than the three (3) Outside Directors,
among the twelve (12) Directors in all, as of the end of this fiscalyear.

Fifth item:

Revision of the amount of remuneration of Directors
Under this item, it was approved and resolved as proposed thatthe amount of monthly remuneration of Directors would berevised to be not more than 70 million yen (of this, the amount ofmonthly remuneration of Outside Directors would be revised tobe not more than 10 million yen). As before, the amount ofremuneration of Directors does not include any employee
salaries received by Directors who have the duties asemployees.

Sixth item:

Revision of the amount of remuneration of Audit & Supervisory
Board Members
Under this item, it was approved and resolved as proposed thatthe amount of monthly remuneration of Audit & Supervisory
Board Members would be revised to be not more than 12 millionyen.
End-2-

At the Board of Directors meeting held after the close of the Meeting, the following
designations were made.
Chairman of the Board of Directors Masayoshi Matsumoto
President
Osamu Inoue
Executive Vice President
Mitsuo Nishida
Senior Managing Director
Yoshitomo Kasui
Senior Managing Director
Akira Nishimura
Senior Managing DirectorHideo Hato
Managing Director
Masaki Shirayama
Managing Director
Nobuyuki Kobayashi
Managing Director
Yasuhiro Miyata
Managing Director
Toshiyuki Sahashi
At the Audit & Supervisory Board meeting held after the close of the Meeting,
Messrs. Satoru Ogura and Akira Hayashi were respectively designated as full-time Audit &Supervisory Board Members.
Sincerely yours,
About the Payment of the Year-End Dividend
Please confirm the documents regarding the year-end dividend for the 151st fiscal year, which
are being sent to you separately.

-3-