Note: This document has been translated from the Japanese original for reference purposes only. In the eventof any discrepancy between this translated document and the Japanese original, the original shall prevail.

September 29, 2020
To Shareholders:Ryuichi Arimoto
Representative Director and President
NIPPON KOEI CO., LTD.
4, Kojimachi 5-chome, Chiyoda-ku, Tokyo, JapanRESOLUTIONS OF
THE 76TH ANNUAL GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our appreciation for your continued support and patronage.
The following matters were reported and resolved at the 76th Annual General Meeting of Shareholders ofNIPPON KOEI CO., LTD. (the “Company”).
Matters reported:
1. The Business Report, Consolidated Financial Statements and Nonconsolidated Financial
Statements for the Company’s 76th Fiscal Year (July 1, 2019 - June 30, 2020)
2. Results of audits by the Accounting Auditor and the Audit & Supervisory Board of theConsolidated Financial Statements
The above contents were reported.
Proposals resolved:
Proposal 1: Election of 11 Directors
The proposal was approved and resolved as originally proposed, and 10 Directors, Messrs.
Noboru Takano, Akira Mizukoshi, Ryuichi Arimoto, Hiroyuki Akiyoshi, Takayasu Tsuyusaki,Haruhiko Kanai, Hiroaki Shinya, Yasushi Hirusaki, Hiizu Ichikawa and Kazumasa Kusaka
were reelected and assumed their respective offices, and Director Ms. Yoko Ishida was newly
elected and assumed her office.
Proposal 2: Election of 1 Substitute Audit & Supervisory Board Member
The proposal was approved and resolved as originally proposed, and Mr. Kazuhiko Yamagishi
was elected as substitute Audit & Supervisory Board Member in preparation of a shortage in
the number of Audit & Supervisory Board Members stipulated in the laws and regulations.
Proposal 3: Revision of Compensation Amount for Directors
The proposal was approved and resolved as originally proposed, and it was decided to revise
only the amount of compensation for Outside Directors from “not exceeding an annual amountof ¥30 million” to “not exceeding an annual amount of ¥45 million.” The compensation
amount for Directors excluding Outside Directors shall remain unchanged from “not exceedingan annual amount of ¥465 million.”In addition, the following Representative Directors and Directors with title were elected at the Board ofDirectors held after the conclusion of the Annual General Meeting of Shareholders and assumed their respectiveoffices. The new structure of officers including Executive Officers is as follows.

Representative Directorand Chairman

Noboru Takano

Director(Outside Director)

Hiizu Ichikawa

Director andVice Chairman

Akira Mizukoshi

Director(Outside Director)

Kazumasa Kusaka

Representative Directorand President

Ryuichi Arimoto

Director(Outside Director)

Yoko Ishida(newly elected)

Representative Directorand Executive VicePresident

Hiroyuki Akiyoshi

Full-time Audit &Supervisory Board Member

Yoshizo Goto

Director and Senior
Managing Executive
Officer

Takayasu Tsuyusaki

Director and Senior
Managing Executive
Officer

Haruhiko Kanai

Full-time Audit &Kunio Okamura
Supervisory Board Member(Outside Audit & Supervisory
Board Member)
Audit & Supervisory Board
Naoki Honjo
MemberDirector and Senior
Managing Executive
Officer

Hiroaki Shinya

Director and Managing
Executive Officer

Yasushi Hirusaki

Senior Managing
Executive Officer

Yasuyoshi Iio

Executive Officer

Noriyuki Nakashima

Senior Managing
Executive Officer

Akimitsu Arai

Executive Officer

Toru Nakagawa

Managing ExecutiveOfficer

Ken Nishino

Executive Officer

Shigeki Toyoshima

Managing ExecutiveOfficer

Noriaki Yoshida

Executive Officer

Hideo Tamura

Managing Executive
Officer

Hiroshi Matsuda

Executive Officer

Michio Hasegawa

Managing Executive
OfficerManaging Executive
OfficerManaging Executive
Officer
Executive Officer

Hiroshi Yokota

Executive Officer

Takuro Hamanaka

Tomohisa Fukuoka

Executive Officer

Katsuya Fukasaku

Yasusuke Kurosaki

Executive Officer

Masaru Onodera

Kevin Tynes

Executive Officer

Tetsuro Takehara

Executive Officer

Hitoshi Nagasaki

Executive Officer

Osamu Katsuyama

Executive Officer

Hiroyuki Yamate

Executive Officer

Yoshikazu Takahashi

Audit & Supervisory Board
Yoshiko KoizumiMember(Outside Audit & Supervisory
Board Member)