This document has been translated from the Japanese original for the convenience of non-Japanese shareholders. In the event ofany discrepancy between this translation and the Japanese original, the original shall prevail.

Securities identification code: 8281
June 8, 2016

To our shareholders:Tomoyoshi Morohashi
President & CEO

XEBIO HOLDINGS CO., LTD.
3-7-35 Asahi, Koriyama-shi, Fukushima

NOTICE OF THE 44TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
You are cordially invited to attend the 44th Ordinary General Meeting of Shareholders of XEBIOHOLDINGS CO., LTD. (the “Company”), which will be held as described below.
If you are unable to attend the meeting in person, you may exercise your voting rights by postal mail.
Please indicate your approval or disapproval of the proposals on the enclosed voting form after reviewing
the attached Reference Documents for the Ordinary General Meeting of Shareholders, and return it bypostal mail.

Meeting Details
1.

Date and time:

Wednesday, June 29, 2016 at 10:00 a.m. (Japan Standard Time)

2.

Venue:

Koriyama View Hotel Annex, 4th Floor
10-10 Nakamachi, Koriyama-shi, Fukushima(See map for directions to meeting room at end of this Notice.)(Japaneseversion only)

3.

Purposes:
Items to be reported:
Business Report, Non-Consolidated Financial Statements and Consolidated Financial
Statements for the 44th fiscal year (from April 1, 2015 to March 31, 2016), as well as theresults of audit of the Consolidated Financial Statements by the Accounting Auditor and theAudit & Supervisory Board.
Items to be resolved:
Proposal 1: Election of five (5) Directors
Proposal 2: Election of one (1) Audit & Supervisory Board Member
Proposal 3: Election of one (1) Substitute Audit & Supervisory Board Member
Proposal 4: Issuance of stock acquisition rights as stock options

4.

Items decided prior to the convocation of the Ordinary General Meeting of Shareholders(1) Please post the voting form so that it reaches us no later than 5 p.m. on Tuesday, June 28, 2016.
(2) When exercising your voting rights in a non-uniform way, please inform the Company of thisintention with the reason in writing at least three days before this Ordinary General Meeting ofShareholders.
………………………………………………………………………………………………………

1Notifications1. Documents disclosed online
Pursuant to the laws and regulations and the provisions of Article 15 of the Company’s Articles ofIncorporation, the Company has made the following of the documents to be provided to shareholders
available online on its website (http://www1.xebio.co.jp/), and these documents have therefore not been
included among the documents provided with this Notice of the Ordinary General Meeting ofShareholders.
1.

Notes to Consolidated Financial Statements

2.

Notes to Non-Consolidated Financial Statements

Accordingly, the documents attached to this Notice of the Ordinary General Meeting of Shareholders
are one part of the Consolidated Financial Statements and Non-Consolidated Financial Statements that theAccounting Auditor audited when preparing the audit report.
Further, any revisions that are made to the Business Report, Consolidated Financial Statements, NonConsolidated Financial Statements or Reference Documents for the Ordinary General Meeting ofShareholders shall be published on the Company’s above-stated website.
2. Notice of Resolutions
The Company has stopped sending out the Notice of Resolutions of the Ordinary General Meeting ofShareholders by post, and plans to publish the results of this Ordinary General Meeting of Shareholders
on its website (http://www1.xebio.co.jp/).
3. Voting forms
When attending this Meeting in person, please submit the enclosed voting form at the venue reception.

2