[Translation for Reference and Convenience Purposed Only]
Code No. 1662
June 27, 2023

To All Shareholders:

Masahiro Fujita, President
Japan Petroleum Exploration Co., Ltd. (JAPEX)
1-7-12 Marunouchi, Chiyoda-ku, Tokyo

Notification of Resolutions
at the 53rd Ordinary General Meeting of the Shareholders
We are pleased to inform you that the following matters were reported and resolved at the 53rd Ordinary
General Meeting of the Shareholders held on June 27, 2023.
Announcements: 1)

2)

Business report and consolidated financial report of the 53rd Term (from April 1,2022 to March 31, 2023), and audit reports from the accounting auditor and Boardof Corporate Auditors on the consolidated financial report
JAPEX reported the foregoing items to the shareholders present at the meeting.
Financial report of the 53rd Term (from April 1, 2022 to March 31, 2023)
JAPEX reported the foregoing item to the shareholders present at the meeting.

Resolution items:
Item 1: Appropriation of Surplus
This item was approved and adopted as proposed. It was decided to pay the year-end dividends of
220 yen per share for the 53rd Term.
Item 2: Election of Eleven (11) Directors
This item was approved and adopted as proposed. Accordingly, ten (10) Directors, Osamu
Watanabe, Masahiro Fujita, Yoshitaka Ishii, Michiro Yamashita, Toshiaki Nakajima, Tetsuo Ito, YukariYamashita, Hideichi Kawasaki, Kumiko Kitai, and Yoshikuni Sugiyama, were reelected, and one (1)Director, Kazuhiko Tezuka, was newly elected, and all of them assumed their offices.
Tetsuo Ito, Yukari Yamashita, Hideichi Kawasaki, Kumiko Kitai, and Yoshikuni Sugiyama are
Outside Directors.
Item 3: Payment of Bonuses to Directors
This item was approved and adopted as proposed. A total bonus amount of 63,400,000 yen will be
paid to eight (8) Directors that are not Outside Directors (of the total of fourteen (14) Directors)
tenured during the fiscal year ended March 31, 2023.
Item 4: Renewal of the Measures to Prevent Large-scale Acquisition of Our Company Shares(Takeover Defense Measures)This item was approved and adopted as proposed. The measures to prevent large-scale acquisitionof our company shares (takeover defense measures) was renewed.
---------------------------------------------------------------------------------------------------------------------------------------The Directors, Corporate Auditors and Executive Officers comprising the new management team of theCompany are as follows:
Directors and Corporate Auditors
Director and Chairman
Representative Director and President
Representative Director
DirectorDirector
Director
Outside Director
Outside Director
Outside Director
Outside Director
Outside Director
Full-time Corporate Auditor
Full-time Corporate Auditor
Outside Corporate Auditor
Outside Corporate Auditor

Chief Executive Officer
Executive Vice President
Senior Managing Executive Officer
Managing Executive Officer
Managing Executive Officer

1

Osamu Watanabe
Masahiro Fujita
Yoshitaka Ishii
Michiro Yamashita
Toshiaki Nakajima
Kazuhiko Tezuka
Tetsuo Ito
Yukari Yamashita
Hideichi Kawasaki
Kumiko Kitai
Yoshikuni Sugiyama
Mitsuyoshi Nakamura
Yoshihiko Motoyama
Chikara Kawakita
Hiroshi Motoyama

[Translation for Reference and Convenience Purposed Only]
Executive Officers
Senior Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Tsuyoshi Suga
Satoshi Abe
Tomonori Ikeno
Hirofumi Kasa
Tomomi Yamada
Masanori Nakano
Yasushi Nagahama
Tadashi Ohama
Akira Yasui
Jiro Funatsu
Toshihiro Takahashi
Akira Suda###2