Translation: Please note that the following purports to be an accurately translated excerpt of theoriginal Japanese version prepared for the convenience of investors outside Japan. However, inthe case of any discrepancy between the translation and the Japanese original, the latter shallprevail.
Stock Exchange Code: 3105
June 29, 2017

Dear Shareholders:Nisshinbo Holdings Inc.
2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo

Masaya Kawata
President and Representative Director

Notice of Resolutions ofThe 174th Ordinary General Meeting of Shareholders
We are pleased to inform you that matters noted below were reported and resolved at the174th Ordinary General Meeting of Shareholders of Nisshinbo Holdings Inc. (“theCompany”) held today.
PARTICULARSMatters Reported:
1.

Report on the Business Report, the Consolidated Financial Statements for the 174th Fiscal
Year (from April 1, 2016 to March 31, 2017) and the Results on the Audits of Consolidated
Financial Statements by the Accounting Auditor and the Audit & Supervisory Board.
2. Report on the Non-Consolidated Financial Statements for the 174th Fiscal Year (April 1,2016 to March 31, 2017).
The contents of the above-mentioned documents were reported.

Matters Resolved:

First Item of Business:

Partial Amendment to the Articles of Incorporation
This item was approved and resolved as originally proposed
and as the Company has transferred its paper productbusiness, an item related paper product business in Article 2(Purpose) of the Company’s Articles of Incorporation wasdeleted, as well as a description order of business waspartially changed. Please refer to “Notice of Amendment tothe Article of Incorporation” below for the description of theamendment.

Second Item of Business:

Election of Ten (10) Directors

This item was approved and resolved as originally proposedand ten (10) members, namely, Mr. Masaya Kawata, Mr.
Masahiro Murakami, Mr. Kenji Ara, Mr. Koji Nishihara, Mr.
Ryo Ogura, Mr. Takayoshi Okugawa, Mr. Tomofumi
Akiyama, Mr. Noboru Matsuda, Mr. Yoshinori Shimizu andMs. Shinobu Fujino were elected and all assumed the offices
as Directors.
Mr. Tomofumi Akiyama, Mr. Noboru Matsuda, Mr. Yoshinori
Shimizu and Ms. Shinobu Fujino are all Outside Directors.
1Third Item of Business:

Election of one (1) Audit & Supervisory Board Member
This item was approved and resolved as originally proposedand Mr. Shiro Manabe was elected for substitute of Mr.
Toshihiko Tomita who resigned at the conclusion of thisGeneral Meeting, and assumed the office as Audit &Supervisory Board Member.
Mr. Shiro Manabe is an Outside Audit & Supervisory BoardMember.

Fourth Item of Business:

Election of One (1) Substitute Audit & Supervisory Board
MemberThis item was approved and resolved as originally proposedand Mr. Atsushi Yamashita was elected as Substitute Audit &Supervisory Board Member.
Fifth Item of Business:

Appointment of the Accounting Auditor
This item was approved and resolved as originally proposed
and Deloitte Touche Tohmatsu LLC was additionallyappointed and assumed the office as Accounting Auditor.
The appointment results in joint audits by Veritas & Co. andDeloitte Touche Tohmatsu LLC as regards the accounting
audits of the Company.

Sixth Item of Business:

Determination of Amounts of Remuneration for Directors by
Stock Acquisition Rights as Stock Compensation-Type Stock
Options and the Details

This item was approved and resolved as originally proposed
and allotting stock acquisition rights up to 500 stockacquisition rights as stock compensation-type stock options(one stock acquisition right shall be 100 shares of common
stock of the Company) to Directors (excluding OutsideDirectors) of the Company to the extent of 40 million yen perannum was determined.
Seventh Item of Business: Issue of Stock Acquisition Rights as Stock Options
This item was approved and resolved as originally proposed
and issuing stock acquisition rights up to 1,500 stockacquisition rights without compensation as stock options(one stock acquisition right shall be 100 shares of common
stock of the Company) to Managing Officers (excludingDirectors) and employees of the Company was determined.
End2At the meeting of the Board of Directors after the close of this General Meeting,
Representative Directors and Directors with Specific Titles were appointed, andrespectively all assumed their offices.
Accordingly, the current compositions of Directors, Audit & Supervisory Board
Members and Managing Officers are as follows:

Representative Director:
President

Masaya Kawata

Representative Director:
Senior Executive Managing Officer

Masahiro Murakami

Director:
Senior Executive Managing Officer

Kenji Ara

Director:
Executive Managing Officer

Koji Nishihara

Director:
Executive Managing Officer

Ryo OguraDirector:
Executive Managing Officer

Takayoshi OkugawaDirector:

Tomofumi Akiyama

Director:

Noboru Matsuda

Director:

Yoshinori Shimizu

Director:

Shinobu Fujino

Standing Audit &Supervisory Board Member:

Yoichi Fujiwara

Standing Audit &Supervisory Board Member:

Takumi Ohmoto

Audit & Supervisory Board Member: Yo Kawakami
Audit & Supervisory Board Member: Shiro Manabe
Executive Managing Officer:

Toshihiro Kijima

Executive Managing Officer:

Kazunori Baba

Managing Officer:

Masahiro Kawamura

Managing Officer:

Hajime Sasaki

Managing Officer:

Yasuji Ishii

Managing Officer:

Kazuhiro Iwata

Managing Officer:

Akihiro Ishizaka3Managing Officer:

Makoto Sugiyama

Managing Officer:

Toshihiro Masuda(Notes) 1. Directors, Mr. Tomofumi Akiyama, Mr. Noboru Matsuda, Mr. Yoshinori
Shimizu and Ms. Shinobu Fujino, are all Outside Directors.
2. Audit & Supervisory Board Members, both Mr. Yo Kawakami andMr. Shiro Manabe, are Outside Audit & Supervisory Board Members.

End4

Notice of Partial Amendment of Articles of Incorporation
Description of the amendments is as follows:(Amended parts are underlined)

Current

Proposed amendment(Purpose)
Article 2
The purpose of the Company shall be to engage inthe following businesses, and to control andmanage the businesses of domestic and foreigncompanies engaged in the following businesses byowning their shares or interests:(1) Development, manufacture, processing,sale, purchase, export and import ofthread, cotton textiles, bonded textiles,
apparel, industrial fiber material, andother fabric products;(Purpose)
Article 2
The purpose of the Company shall be to engage inthe following businesses, and to control andmanage the businesses of domestic and foreigncompanies engaged in the following businesses byowning their shares or interests:(1) Development, manufacture, processing,sale, purchase, export and import oftelecommunication apparatus,
information technology apparatus,
electronic apparatus for medical use,other electric or electronic machineryand appliances, semiconductors,electronic tubes and other electric orelectronic parts, and design, execution
and supervision of the installation ofelectric or electronic machinery andappliances;(As is)

(2)

(3)

(4)

(5)

(6)

Development, manufacture, processing,sale, purchase, export and import offriction material, braking devices, andparts thereof for automobiles, transportmachinery, transport appliances, andother machinery and appliances;
Development, manufacture, processing,sale, purchase, export and import ofpaper and processed paper products, aswell as the industrial waste-disposal
business;
Development, manufacture, processing,sale, purchase, export and import ofmachinery and equipment for specificindustries, machinery and equipment
for general industry and othermachinery and equipment, and parts
thereof, and design, execution andsupervision of the installation ofmachinery and equipment;
Development, manufacture, processing,sale, purchase, export and import ofindustrial inorganic chemicals,
industrial organic chemicals, medical
products and other industrial chemicals,
and the design, execution, andsupervision of civil engineering projects;
Development, manufacture, processing,sale, purchase, export and import oftelecommunication apparatus,
information technology apparatus,
electronic apparatus for medical use,other electric or electronic machineryand appliances, semiconductors,
electronic tubes and other electric orelectronic parts, and design, execution(Delete)5(3)(As is)(4)(As is)(5)Development, manufacture, processing,sale, purchase, export and import ofthread, cotton textiles, bonded textiles,
apparel, industrial fiber material, andother fabric products;

(Amended parts are underlined)

Current

(7)

(8)
(9)

Proposed amendment

and supervision of the installation ofelectric or electronic machinery andappliances;Power generation using renewableenergy and sale of electricity, as well
as development, manufacture,processing, sale, purchase, export andimport of materials, machinery andappliances which contribute to thecreation of low carbon society andrecycling society;Sale, purchase, brokerage, leasing andadministration of real estate; andAny and all other legitimate businesses.

(6)(As is)(7)(As is)(8)(As is)End6