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

Securities Code: 8563
June 2, 2021
To our shareholders:
Takao Suzuki
Director and President
THE DAITO BANK, LTD.
19-1, Nakamachi, Koriyama City, Fukushima

NOTICE OF CONVOCATION OF THE 116TH ANNUAL GENERAL MEETING OF
SHAREHOLDERS
We are pleased to announce the 116th Annual General Meeting of Shareholders of THE DAITO BANK, LTD. (the“Bank”). The meeting will be held for the purposes as described below.
In light of the spread of the novel coronavirus disease (COVID-19), in order to ensure the safety of shareholders andto prevent the spread of infection, we ask that you exercise your voting rights in writing or via the internet in advanceto the extent possible, and that you wear a face mask if you attend the General Meeting of Shareholders in person.
Furthermore, we may take necessary measures at our discretion, to ensure the safety of shareholders and prevent thespread of infection at the venue, depending on the situation on the day of the meeting. We appreciate yourunderstanding and cooperation.
When exercising your voting rights in writing or via the internet, please review the Reference Documents for theGeneral Meeting of Shareholders (described hereinafter) and exercise your voting rights in accordance with the“Instructions for Exercising Voting Rights” on pages 3 to 5 of the Japanese version (in Japanese only) by 5:00 p.m.
Thursday, June 24, 2021 (JST).
1. Date and Time: Friday, June 25, 2021, at 10:00 a.m. (JST)
2. Place:
6F, Main Conference Room, Head Office of the Bank19-1, Nakamachi, Koriyama City, Fukushima
3. Meeting Agenda:
Matters to be reported:
1. The Business Report and Non-consolidated Financial Statements for the Bank’s 116th Fiscal Year (fromApril 1, 2020 to March 31, 2021)
2. Consolidated Financial Statements for the Bank’s 116th Fiscal Year (from April 1, 2020 to March 31, 2021)
and results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit andSupervisory Committee
Proposals to be resolved:
Proposal No. 1:
Appropriation of Surplus
Proposal No. 2:
Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)- When attending the meeting, please submit the enclosed Voting Rights Exercise Form to the reception desk. Please also bring thisConvocation Notice when attending the meeting.
- From this year, we have adopted Smart Voting. Please refer to page 4.
- Of the documents to be provided with this Convocation Notice, the following items are omitted as they are posted on the Bank’s
website (https://www.daitobank.co.jp/) in accordance with laws and regulations and Article 16 of the Articles of Incorporation of theBank:
1) Non-consolidated Statement of Changes in Shareholders’ Equity
2) Notes to Non-consolidated Financial Statements
3) Consolidated Statement of Changes in Shareholders’ Equity
4) Notes to Consolidated Financial Statements-1-

- The documents provided with this Convocation Notice are a part of the Non-consolidated Financial Statements and Consolidated
Financial Statements audited by the Accounting Auditor in preparing its audit reports, as well as a part of the Business Report,
Non-consolidated Financial Statements, and Consolidated Financial Statements audited by the Audit and Supervisory Committee in
preparing their audit reports.
- Any updates to the Reference Documents for the General Meeting of Shareholders, Business Report, Consolidated FinancialStatements, or Non-consolidated Financial Statements will be posted on the Bank’s website (https://www.daitobank.co.jp/).

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Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal No. 1:

Appropriation of Surplus

The Bank proposes the appropriation of surplus as follows.
Matters concerning year-end dividends
With regard to the year-end dividends for the 116th fiscal year, comprehensively taking into account continuing toprovide stable dividends and the business results of the Bank for the fiscal year under review, the Bank proposes asfollows.
In addition, internal reserves will continue to be used efficiently for effective investments, etc., in order to enhance
the Bank’s operational foundations and strengthening the management structure.
1. Dividend asset type
Cash
2. Matters concerning the allotment of dividend property to shareholders and the total amount
30 yen per share of common stock, for a total of 380,164,890 yen
3. Effective date of distribution of surplusJune 28, 2021-3-Proposal No. 2:

Election of Four (4) Directors (Excluding Directors Who Are Audit and Supervisory Committee
Members)

The terms of office of all four (4) Directors (excluding Directors who are Audit and Supervisory Committee
Members; applicable to the rest of this proposal) will expire at the conclusion of this Annual General Meeting ofShareholders. In that regard, the Bank proposes the election of four (4) Directors.
The Audit and Supervisory Committee has given its opinion that this proposal is in accordance with the policy fornominating candidates for Director of the Bank, the candidates for Director were appropriately selected following
deliberations by the Nomination and Remuneration Committee and each candidate is qualified to serve as a Directorof the Bank.
The candidates are as follows:
No.

Name1

Takao Suzuki

2

Yasuhiro Oka

Positions and roles at the Bank
Reelection
InsideReelection
InsideDirector and President (Representative Director), in charge ofCredit Division and Audit Division
Managing Director (Representative Director), in charge ofBusiness Development Division and Securities and International
DivisionManaging Director (Representative Director), General Manager

3

Kenichi Miura

Reelection
Insideof Corporate Planning Division, in charge of Corporate Planning
Division, Human Resources and General Affairs Division, andBanking systems Division

4Hiroaki Osato

Reelection
InsideDirector and General Manager of Securities and International
Division

Reelection: Candidate for Director to be reelected
Inside: Candidate for Inside Director-4-No.

12

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank held
Apr. 1976
Joined the Bank
Feb. 1996
General Manager of Uneme BranchMar. 1998
Deputy General Manager of Head Office
Apr. 2001
General Manager of Nihonmatsu BranchMar. 2003
Asahi Area Manager and General Manager ofTakao Suzuki
Asahi Branch(November 15, 1953)
12,000 shares
June 2004
Managing Director
Reelection
June 2008
Senior Managing Director
June 2010
Director and President (RepresentativeDirector)
To the present
Roles: Credit Division, Audit Division<Reasons for nomination as a candidate for Director>
Mr. Suzuki possesses a wealth of business knowledge and experience through his services as Branch General Manager,
and since becoming Managing Director in 2004, he has amassed abundant management experience through holding
positions as Senior Managing Director. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus proposes his reelection as Director.
Apr. 1974
Joined the Bank
Mar. 1999
General Manager of Ishikawa Branch
Apr. 2001
General Manager of Kawamata BranchMar. 2003
General Manager of Shirakawa Branch
June 2004
General Manager of Credit Management
Division
Yasuhiro Oka
July 2008
Executive Officer and General Manager of
3,700 shares(November 30, 1955)
Credit Division
Reelection
June 2010
Director and General Manager of Credit
Division
June 2013
Managing Director (Representative Director)
To the presentRoles: Business Development Division, Securities andInternational Division<Reasons for nomination as a candidate for Director>
Mr. Oka possesses a wealth of business knowledge and experience through his services as Branch General Manager andGeneral Manager of Credit Management Division and Credit Division, and since becoming a Director in 2010, he has
amassed abundant management experiences. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus proposes his reelection as Director.
Name(Date of birth)-5-

Number of
Past experience, positions, and roles at the Bank, and significant
common shares ofconcurrent positions
the Bank heldApr. 1980Joined The Long-Term Credit Bank of Japan,Limited(currently Shinsei Bank, Limited)
July 2008
General Manager of Fukuoka Branch
Nov. 2010
Seconded to the Bank from Shinsei Bank,Limited
Executive Officer and General Manager ofCorporate Planning Division
June 2012
Director and General Manager of Corporate
Planning Division
July 2012
Director and General Manager of Business
Planning Division
July 2014
Director and General Manager of Corporate
Kenichi Miura
Planning Division
4,300 shares(January 26, 1958)
Aug. 2015
Director, General Manager of Banking systems
Reelection
Division, and General Manager of OperationDivision
3June 2016
Managing Director (Representative Director),
General Manager of Banking systems Division,and General Manager of Operation Division
July 2017Managing Director (Representative Director)
and General Manager of Head Office
Apr. 2019
Managing Director (Representative Director),
General Manager of Corporate PlanningDivision
To the present
Roles: Corporate Planning Division, Human Resources andGeneral Affairs Division, Banking systems Division<Reasons for nomination as a candidate for Director>
Mr. Miura possesses a wealth of business knowledge and experience through his services as Branch General Manager ata major bank and serving as General Manager at the Bank’s Corporate Planning Division, Business Planning Division,
Banking systems Division and Operation Division, and Head Office, and since becoming Director in 2012, he has
amassed abundant management experiences. Therefore, the Bank believes that he is capable of conducting the Bank’sbusiness management in an accurate, fair, and efficient manner, and thus proposes his reelection as Director.
Apr. 1981
Joined the Bank
Apr. 2001
Deputy Manager of Securities and International
DivisionMar. 2003
Deputy Manager of General Planning Division
June 2004
Deputy Manager of Corporate Planning
Division
July 2005
Deputy General Manager of Corporate
Hiroaki Osato
Planning Division(December 26, 1957)
3,100 shares
Reelection
July 2008
General Manager of Securities andInternational Division
4June 2013
Executive Officer and General Manager ofSecurities and International Division
June 2017
Director and General Manager of Securities andInternational Division
To the present<Reasons for nomination as a candidate for Director>
Mr. Osato possesses a wealth of business knowledge and experience through his services as Deputy General Managerof Corporate Planning Division and General Manager of Securities and International Division, and since becoming
Director in 2017, he has been appropriately fulfilling his duties. Based on the experience and knowledge, the Bank
believes that he is capable of conducting the Bank’s business management in an accurate, fair, and efficient manner, andthus proposes his reelection as Director.
(Note) There is no special interest between each candidate for Director and the Bank.
No.

Name
(Date of birth)-6-