March 26, 2020
To whom it may concern
Asahi Group Holdings, Ltd.

Notice of Results of Exercise of Voting Rights
at the 96th Annual General Meeting of Shareholders
Asahi Group Holdings, Ltd. (the “Company”) announces the results of the exercise of voting
rights at the 96th Annual General Meeting of Shareholders (the “Meeting”) held on March 25,
2020, as follows:
1. Items to be resolved:
Item 1: Appropriation of Retained Earnings
Year-end dividends(1) Type of dividend asset
Cash(2) Allocation of dividend assets to shareholders and total amount of allocation¥48 per share of common stock
Total amount of payout: ¥21,989,387,136(3) Effective date of dividends of Retained Earnings
March 26, 2020
Item 2: Election of nine (9) Directors
The Company asks the shareholders to elect nine (9) Directors.
The candidates for the position of Director are as follows:
Naoki Izumiya, Akiyoshi Koji, Atsushi Katsuki, Yutaka Henmi, Taemin Park,
Keizo Tanimura, Tatsuro Kosaka, Yasushi Shingai and Christina L. Ahmadjian.
Item 3: Election of one (1) Audit & Supervisory Board Member
The Company asks the shareholders to elect one (1) Audit & Supervisory BoardMember.
The candidates for the position of Audit & Supervisory Board Member are as follows:
Naoko Nishinaka.
2. Status of voting rights
Number of Shareholders with voting rights:

95,666

Total number of voting rights held by the shareholders:- 1 -4,575,838

3. Number of voting rights concerning the indication of “For”, “Against” or “Abstentions” foreach item; Requirements for adoption; Results of resolutions
Ratio ofItems to Be Resolved

ForAgainst

Abstentions

favorableResults

votes
Item 1:
3,842,082

1,631

1,780

99.91%

Approved

Naoki Izumiya

3,757,710

82,1275,706

97.72%

Approved

Akiyoshi Koji

3,761,084

79,072

5,384

97.80%

Approved

Atsushi Katsuki

3,719,107

121,050

5,384

96.71%

Approved

Yutaka Henmi

3,762,543

77,615

5,384

97.84%

Approved

Taemin Park

3,761,980

78,1785,384

97.83%

Approved

Keizo Tanimura

3,726,226

113,932

5,384

96.90%

Approved

Tatsuro Kosaka

3,821,283

22,0422,221

99.37%

Approved

Yasushi Shingai

3,824,024

19,301

2,221

99.44%

Approved

Christina L. Ahmadjian

3,827,185

16,5791,780

99.52%

Approved

3,530,385

313,333

1,780

91.81%

Approved

Appropriation of RetainedEarnings
Item 2: Election of nine (9)Directors

Item 3: Election of one (1)Audit & Supervisory
Board Member
Naoko Nishinaka
Notes:The requirement for the adoption of each item is as follows:・Item 1:
Approval of a majority of the voting rights of the shareholders present
・Item 2 and Item 3:
Approval at a general meeting of shareholders at which shareholders holding one-third (1/3)
or more of voting rights of the shareholders entitled to vote shall be present, by a majorityof the voting rights of the shareholders so present
4. Reason why a portion of the voting rights held by the shareholders present at the Meeting was
not added to the number of voting rights
Since the approval or disapproval of all proposals was conclusively decided by the exercise of
the voting rights prior to the date of the Meeting and the number of voting rights ofshareholders attending the Meeting, whose approval or disapproval the Company was able to- 2 -confirm, the number of voting rights not confirmed the indication of “For”, “Against” or“Abstentions” as to each item of some shareholders attending the Meeting was not added.
End- 3 -