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. EIZO Corporation assumes no responsibility for this translation or for direct, indirect, or any
other form of damage which may arise as a result of this translation.
Securities Code: 6737
May 30, 2024
(Commencement date of measures for provision in electronic format: May 23, 2024)

To Our Shareholders:
Yoshitaka Jitsumori
Chairman & CEO
EIZO Corporation
153 Shimokashiwano, Hakusan,
Ishikawa, JapanNOTICE OF CONVOCATION OF
THE 57TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
We would like to express our appreciation for your continued support.
We extend our deepest sympathy to all those impacted by the seismic events on the Noto Peninsula in
Ishikawa Prefecture, Japan on January 1, 2024. We sincerely hope for the earliest possible restoration
and recovery of all affected areas.
You are hereby notified that the 57th Ordinary General Meeting of Shareholders of EIZO Corporation(the “Company”) will be held as described below.
In convening the 57th Ordinary General Meeting of Shareholders, the Company has taken electronic
provision measures for providing information that constitutes the content of the Reference Documents
for the General Meeting of Shareholders, etc. (matters for an electronic provision measure). To review
the information, please access one of the following websites on which the information is posted.
[The Company’s website]
https://www.eizoglobal.com/ir/stock/invitation/(in English)

https://www.eizo.co.jp/ir/stock/invitation/(in Japanese)[Website containing informational materials for the General Meeting of Shareholders]
https://d.sokai.jp/6737/teiji/ (in Japanese only)[Tokyo Stock Exchange (TSE) website (Listed Company Search)]https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show (in English)
https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)
Please access the TSE website, and search by “Issue name” (EIZO Corporation) or “Code” (6737),
select “Basic information” and then “Documents for public inspection/PR information” to review
filed information.
You may exercise your voting rights in writing or via the Internet. Please review the attached“Reference Documents for the General Meeting of Shareholders” and exercise your voting rights
no later than 5:15 p.m. on Wednesday, June 19, 2024 (Japan time), following the guidancedescribed on page 3.
- 1 -Particulars

1.

Date and Time:Thursday, June 20, 2024, at 10:00 a.m.
(The reception desk opens at 9:15 a.m.)

2.

Place:

Concert Hall, 1st floor, Hakusan City Matto Learning Center(Hakusan-shi Matto Gakushu Center)
305, Furushiro-machi, Hakusan-shi, Ishikawa, Japan

3.

Meeting Agenda:
Items to be reported:

1.

2.

Item to be resolved:
Proposal 1:
Proposal 2:

Business Report, Consolidated Financial Statements andresults of audits of the Consolidated Financial Statements
by the Accounting Auditor and the Audit and Supervisory
Committee for the Company’s 57th Fiscal Year (April 1,
2023 - March 31, 2024)
Non-consolidated Financial Statements for the Company’s
57th Fiscal Year (April 1, 2023 - March 31, 2024)

Election of Four (4) Directors (excluding Directors serving as
Audit and Supervisory Committee Members)
Election of Four (4) Directors serving as Audit and Supervisory
Committee Members* When attending the General Meeting of Shareholders, please submit the Voting Rights Exercise
Form sent together with this Notice at the reception desk.
* Please note that, for this General Meeting of Shareholders, a document containing the matters to beprovided electronically (this Notice) will be sent uniformly to all shareholders, regardless of whether
or not they have requested the delivery of the document. Pursuant to the provisions of laws andregulations and the Articles of Incorporation of the Company, the following items, among the items
to be provided electronically, are not included in the document to be sent. Statements to be audited,
including the following items, have been audited by the Accounting Auditor and the Audit andSupervisory Committee.
- “System to Ensure the Properness of Operations and Overview of Operating Status of the
System” on the Business Report- “Consolidated Statement of Changes in Equity,” and “Notes to Consolidated Financial
Statements,” on the Consolidated Financial Statements- “Non-consolidated Statement of Changes in Equity” and “Notes to Non-consolidated
Financial Statements” on the Non-consolidated Financial Statements* If any revisions should be made to the matters to be provided electronically, they will be announced
on each of the websites listed on page 1 with a comparison before and after the revision.
* An explanatory meeting will be held after the General Meeting of Shareholders to deepen
shareholders’ understanding of the Company’s corporate strategy and business model.
* Please note that the Company’s Directors and staff will be in business casual (“Cool Biz”) at theGeneral Meeting of Shareholders.
* After the General Meeting of Shareholders, the outcomes of resolutions will be posted on the
Company’s website below.
The Company’s website (https://www.eizo.co.jp/ir/stock/invitation/)* A video recording of the General Meeting of Shareholders will be made available on the Company's
website indicated above afterwards (in Japanese only). When viewing the video, please enter thecommon ID and password for shareholders indicated on the guide sent together with this Notice.

- 2 -Exercise of Voting Rights:
You may exercise your voting rights through either of the methods described below.
Exercise of your voting rights in writing
Please indicate your votes for or against the proposal on the Voting Rights Exercise Form sent
together with this Notice and return the form by mail so that it will arrive no later than 5:15
p.m. on Wednesday, June 19, 2024 (Japan time).
Exercise of your voting rights via the Internet
You can exercise your voting rights either by (1) scanning the QR code shown on the enclosed
Voting Rights Exercise Form, or by (2) accessing the website for exercising voting rights(https://www.web54.net) and entering the “voting rights exercise code” and “password” shownon the enclosed Voting Rights Exercise Form. Please enter your votes for or against the
proposal no later than 5:15 p.m. on Wednesday, June 19, 2024 (Japan time).
* If you exercise your voting rights in writing and do not indicate your approval or disapproval of
the proposal, it shall be deemed that you have voted for the proposal.
* If you exercise your voting rights both in writing and via the Internet, your vote via the Internet
will be considered a valid exercise of voting rights.
* If you exercise your voting rights multiple times via the Internet, or if you exercise your voting
rights both via PC and smartphone, only the most recent vote will be considered a valid exercise
of voting rights.
Institutional investors may use the electronic voting platform operated by ICJ, Inc.

- 3 -

Reference Documents for the General Meeting of Shareholders
Proposal 1: Election of Four (4) Directors (excluding Directors serving as Audit andSupervisory Committee Members)
The terms of office of all four (4) Directors (excluding Directors serving as Audit and Supervisory
Committee Members) will expire at the conclusion of this General Meeting of Shareholders.
Therefore, the election of four (4) Directors (excluding Directors serving as Audit and Supervisory
Committee Members) is proposed. With respect to this proposal, the Company has already obtained theopinion of the Audit and Supervisory Committee that all of the candidates for Director are qualified toserve.
The candidates for Director (excluding Directors serving as Audit and Supervisory Committee
Members) are as follows.

Candidate No.1

Name (Date of birth)
Yoshitaka Jitsumori (Mr.)(April 16, 1944)
Reappointment

Number of shares of theCompany held
150,900 shares
Attendance at the Board of
Directors meetings
10 out of 10

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
May 1994
Executive Director
June 1995*Senior Executive Director
June 1997*Executive Vice President
June 2001*President & CEO
April 2024
*Chairman & CEO (to present)*Representative Director(Significant concurrent positions)
Director, Irem Software Engineering Inc.
Director, Chairman, EIZO Inc.
Board Member, EIZO Nordic AB
Board of Administration Member, EIZO AG
President & CEO, EIZO Europe GmbH,[Reasons for the election of the candidate for Director]
As President & CEO, Mr. Yoshitaka Jitsumori has been overseeing
the management of EIZO Group based on a wealth of experience,
implementing business strategies that leverage the Group’s strengths
by demonstrating his extensive knowledge and strong leadership,
thereby contributing to its enhanced corporate value.
He was appointed Chairman & CEO of the Company in April 2024
and the Company expects that he will further contribute to the further
growth of the Group by appropriately executing his duties andsupervising corporate management as a Director.
He has been nominated as a candidate for Director with the above
expectations.

- 4 -Candidate No.2

Name (Date of birth)
Masaki Ebisu (Mr.)(October 25, 1970)
Reappointment

Number of shares of theCompany held
7,056 shares
Attendance at the Board of
Directors meetings
10 out of 10

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
Joined The Long-Term Credit Bank of Japan,
April 1993
Limited (SBI Shinsei Bank, Limited currently)
August 2004
Joined the Company
October 2013
Senior Manager, Procurement Dept.
October 2016
Operating Officer,
Senior Manager, Procurement Dept.
October 2018
Operating Officer,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
August 2019
Operating Officer,
Senior Manager, General Affairs Dept.,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
April 2020
Operating Officer,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
June 2021
Director,
Operating Officer,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
April 2023
Director,
Executive Operating Officer,
Senior Manager, Procurement Dept.
April 2024
*President & COO (to present)*Representative Director(Significant concurrent positions)
President & CEO, EIZO MS Corporation,
President & CEO, EIZO Support Network Corporation
Chairman, EIZO Display Technologies (Suzhou) Co., Ltd.
[Reasons for the election of the candidate for Director]
Mr. Masaki Ebisu has a wealth of extensive experience andknowledge acquired through holding various senior positions in the
Departments of Strategic Business Development, Procurement,
General Affairs and Accounting & Finance.
He was appointed President & COO of the Company in April 2024
and the Company expects that he will further continue to contributeto the further growth of the Group by appropriately performing his
duties and supervising management as a Director.
He has been nominated as a candidate for Director with the above
expectations.

- 5 -Number of shares of theCompany held
8,156 shares

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
April 1992
Joined the Company
January 2015
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
July 2017
Operating Officer,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
October 2018
Operating Officer,
Senior Manager, Procurement Dept.
June 2021
Director,
Operating Officer,
Senior Manager, Procurement Dept.
April 2023
Director,
Executive Operating Officer,
Senior Manager, Accounting & Finance Dept.,
Senior Manager, Investor Relations (IR) Dept.
(to present)

Attendance at the Board of
Directors meetings
10 out of 10(Significant concurrent positions)
President & CEO, EIZO Agency Corporation

Candidate No.3

Name (Date of birth)
Manabu Arise (Mr.)(December 27, 1969)
Reappointment[Reasons for the election of the candidate for Director]
Mr. Manabu Arise has advanced knowledge of accounting andfinance and a wealth of experience in an overseas Group company
and in the Accounting & Finance and Procurement Departments.
He has been nominated as a candidate for Director because theCompany expects that he will continue to contribute to the further
growth of the Group by appropriately performing his duties andsupervising management as a Director.

- 6 -Candidate No.4

Name (Date of birth)Thomas J. Waletzki (Mr.)(May 13, 1960)
Reappointment

Number of shares of theCompany held
0 shares
Attendance at the Board of
Directors meetings
7 out of 7
(since inauguration
on June 22, 2023)

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
August 1993
Joined the Company
August 1999
General Manager, EIZO Inc.
April 2001
Executive Vice President & COO, EIZO Inc.
April 2003
President & CEO, EIZO Inc. (to present)
June 2023
Director (to present)(Significant concurrent positions)
President & CEO, EIZO Inc.
Board Member, EIZO Rugged Solutions Inc.
[Reasons for the election of the candidate for Director]
After engaging in global marketing and product planning in theOverseas Sales and Strategic Business Development Departments of
the Company, Mr. Thomas J. Waletzki has been involved in businessexecution and supervision as a director of EIZO Inc., the Company’sgroup sales company in the U.S. for many years. He has a high degreeof insight and abundant experience in the field of overseas sales andmarketing.
He has been nominated as a candidate for Director because theCompany expects that he will continue to contribute to the further
growth of the Group by appropriately performing his duties andsupervising management as a Director.

Notes:
1. There are no special interests between any of the above candidates for Director and the Company.
2. The Company has entered into a Directors and Officers Liability Insurance (D&O insurance) Contract, as
defined in Article 430-3, paragraph 1 of the Companies Act, with an insurance company under which theCompany’s Directors are the insured. If this proposal is approved and adopted without changes to the original
proposal and if the candidates take office as Directors, the candidates will be the insured under the insurance
contract. If any shareholder, third party or other entity claims damages from any of the insured, the damages,
litigation expenses, etc. that would otherwise be incurred by the insured party will be covered under the
insurance contract. However, the insurance contract will not cover some specific damages, for example,
damages arising from acts of the insured party that are committed with an awareness of legal violations. All
insurance premiums, including those for the special conditions, are borne by the Company, with no premiums
being paid by any of the insured. The Company intends to renew the aforementioned insurance contract on
the same terms and conditions at the next renewal.

- 7 -Proposal 2: Election of Four (4) Directors serving as Audit and Supervisory Committee
Members
The terms of office of all five (5) Directors serving as Audit and Supervisory Committee Members will
expire at the conclusion of this General Meeting of Shareholders.
Therefore, the election of four (4) Directors serving as Audit and Supervisory Committee Members is
proposed. If this Proposal is approved, the number of Directors serving as Audit and Supervisory
Committee Members will be reduced by one. The Company increased the number of Directors serving
as Audit and Supervisory Committee Members by one at the 55th Ordinary General Meeting of
Shareholders held on June 22, 2022, and has been proceeding with the succession of the duties of the
Chairperson of the Audit and Supervisory Committee. Since the succession has been smoothlycompleted, the Company believes that the Audit and Supervisory Committee will continue to ensure theeffectiveness of audits in cooperation with the Internal Audit Department.
With respect to this proposal, the Company has already obtained the consent of the Audit andSupervisory Committee.
The candidates for Director serving as Audit and Supervisory Committee Member are as follows.

- 8 -Candidate No.1

Name (Date of birth)
Toru Inoue (Mr.)(May 30, 1956)
Reappointment
External
Independent

Number of shares of theCompany held
0 shares

Attendance at the Board of
Directors meetings
10 out of 10
Attendance at the Audit andSupervisory Committee
meetings
9 out of 9

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
April 1980
Joined Murata Manufacturing Co., Ltd.
March 2008
General Manager, Planning Department
July 2009
Vice President, Corporate Planning Department
Executive Vice President, Director, theJuly 2013
Components Business Unit
June 2015
Director, Executive Vice President
Representative Director, Senior Executive Vice
June 2017
President
June 2020
Executive Counsellor
July 2021
Counsellor
External Director serving as Audit and Supervisory
June 2022
Committee Member of the Company (to present)(Significant concurrent positions)[Reasons for the election of the candidate for External Director
serving as Audit and Supervisory Committee Member and expectedrole if elected]
Mr. Toru Inoue has a wealth of experience and a proven track recordin business operations, planning, and accounting over many years as
a manager of a business corporation. He has offered his valuable andstraight opinions and proposals on the decision-making processes of
the Company, based on his extensive knowledge cultivated over theyears in the electronics industry, thereby contributing to
improvement of management soundness and transparency as anExternal Director.
He has been nominated as a candidate for External Director serving
as Audit and Supervisory Committee Member because the Company
expects that he will continue to contribute to enhancing the corporate
value of the Company by strengthening the effectiveness of its
management oversight functions.
If he is elected, he will serve as the chairperson of both the Audit andSupervisory Committee and the Nomination and Remuneration
Advisory Committee and will be involved in a neutral capacity in thenomination of candidates for the Company's officers and thedetermination of remuneration for the officers and other matters.

- 9 -Candidate No.2

Name (Date of birth)
Kazuhiko Deminami (Mr.)(July 10, 1959)
Reappointment

Number of shares of theCompany held
9,000 shares
Attendance at the Board of
Directors meetings
10 out of 10
Attendance at the Audit andSupervisory Committee
meetings
9 out of 9

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
March 1982
Joined the Company
October 2002
Senior Manager, Accounting & Finance Dept.
July 2004
Senior Manager, General Affairs Dept.
Operating Officer, Senior Manager, General
April 2007
Affairs Dept.
Senior General Councilor, Senior Manager,
April 2009
Internal Auditing Dept.
Operating Officer, Senior Manager, Accounting &October 2011
Finance Dept.
Director, Senior Manager, Administrations Dept.,
January 2015
Irem Software Engineering Inc.
Director serving as Audit and Supervisory
June 2016
Committee Member of the Company (to present)(Significant concurrent positions)[Reasons for the election of the candidate for Director serving as
Audit and Supervisory Committee Member]
Mr. Kazuhiko Deminami has held positions as Senior Manager for
General Affairs Dept. and Accounting & Finance Dept. and Directorof a group company, and has executed the duties of a full-time Audit
and Supervisory Committee Member fairly and appropriately, basedon an extensive experience and high levels of expertise and insights
in accounting and finance.
He has been nominated as a candidate for Director serving as Audit
and Supervisory Committee Member because the Company expects
that he will continue to contribute to enhancing the corporate valueof the Company by strengthening the effectiveness of its
management oversight functions.

- 10 -

Candidate No.3

Name (Date of birth)
Hiroji Takino (Mr.)(June 20, 1958)
Reappointment
External
Independent

Number of shares of theCompany held
0 shares

Attendance at the Board of
Directors meetings
10 out of 10
Attendance at the Audit andSupervisory Committee
meetings
9 out of 9

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
April 1981
Joined Hokuriku Bank, Ltd.
Executive Officer, Deputy Head of Ishikawa
June 2013
Regional Business Division and General Manager
of Kanazawa BranchManaging Executive Officer, Head of Fukui
June 2016
Regional Business Division and Head of NagoyaOsaka Regional Business Division
Managing Executive Officer
April 2018
(resigned on June 22, 2018)
External Director serving as Audit and Supervisory
June 2018
Committee Member of the Company (to present)
June 2018
President & CEO*, Hokutate Co., Ltd.
Chairman, Hokutate Co., Ltd.
June 2022(resigned on June 28, 2023)*Representative Director(Significant concurrent positions)[Reasons for the election of the candidate for External Director
serving as Audit and Supervisory Committee Member and expectedrole if elected]
Mr. Hiroji Takino has offered his valuable and straight opinions andproposals on the decision-making processes of the Company, basedon a wealth of experience acquired at financial institution andexperience developed as a manager of a business corporation andextensive knowledge, thereby executing his duties as an External
Director fairly and neutrally.
He has been nominated as a candidate for External Director serving
as Audit and Supervisory Committee Member because the Company
expects that he will continue to contribute to enhancing the corporate
value of the Company by strengthening the effectiveness of its
management oversight functions.

- 11 -

Candidate No.4

Name (Date of birth)
Masako Osuna (Ms.)(March 1, 1956)
Reappointment
External
Independent

Number of shares of theCompany held
0 shares

Attendance at the Board of
Directors meetings
10 out of 10
Attendance at the Audit andSupervisory Committee
meetings
9 out of 9

Career summary, positions and responsibilities at the Company(Significant concurrent positions)
Joined Special corporation Japan External Trade
April 1979
Organization(currently
Incorporated
administrative agency Japan External Trade
Organization (JETRO))
June 2000
Deputy Managing Director, JETRO Singapore
Director-General, International Exchange andApril 2009
Training Department, Institute of Developing
Economies (IDE-JETRO)
March 2011
Director General, JETRO Seoul
February 2014 Professor, Managing Systems Department, Collegeof Informatics and Human Communication,
Kanazawa Institute of Technology
Outside Director (Audit and Supervisory
June 2015
Committee Member), The Hokkoku Bank, Ltd.
(currently Hokkoku Financial Holdings, Inc.)
Professor,
OfficeofIndustry-University
April 2017
Collaboration, Organization for Research Support,
Kanazawa Institute of Technology (to present)
Outside Director, Hibiya Engineering, Ltd.
June 2019(to present)
Outside Auditor, C.I. TAKIRON Corporation
June 2020(to present)(Resignation on June 26, 2024 to be determined)
External Director serving as Audit and Supervisory
June 2022
Committee Member of the Company (to present)(Significant concurrent positions)
Professor, Kanazawa Institute of Technology
Outside Director, Hibiya Engineering, Ltd.
Outside Auditor, C.I. TAKIRON Corporation[Reasons for the election of the candidate for External Director
serving as Audit and Supervisory Committee Member and expectedrole if elected]
After many years of career at the Japan External Trade Organization(JETRO), Ms. Masako Osuna has worked extensively as a university
professor and an outside officer. Based on this wealth of experienceand a high level of expertise with a focus on international economics,
she has offered her valuable and straight opinions and proposals on
the decision-making processes of the Company, thereby executing
her duties as an External Director fairly and neutrally.
She has been nominated as a candidate for External Director serving
as Audit and Supervisory Committee Member because the Company
expects that she will continue to contribute to enhancing thecorporate value of the Company by strengthening the effectivenessof its management oversight functions.
She has never been involved in corporate management in any way
other than as an outside officer, but for the reasons stated above, theCompany expects that she will continue to appropriately perform her
duties as an External Director serving as Audit and Supervisory
Committee Member.
- 12 -

Notes:1. There are no special interests between any of the above candidates for Director serving as Audit andSupervisory Committee Member and the Company.
2. Mr. Toru Inoue, Mr. Hiroji Takino and Ms. Masako Osuna are all candidates for External Director.
3. Mr. Toru Inoue is currently an External Director serving as Audit and Supervisory Committee Member fortwo (2) years at the conclusion of this General Meeting of Shareholders. Mr. Hiroji Takino is currently an
External Director serving as Audit and Supervisory Committee Member for six (6) years at the conclusion ofthis General Meeting of Shareholders. Ms. Masako Osuna is currently an External Director serving as Audit
and Supervisory Committee Member for two (2) years at the conclusion of this General Meeting of
Shareholders.
4. The Company has entered into agreements, in accordance with the provision of Article 427, Paragraph 1, of
the Companies Act, with Mr. Toru Inoue, Mr. Hiroji Takino and Ms. Masako Osuna, to limit their liabilities
under Article 423, Paragraph 1, of the Companies Act. The maximum liability under these agreements is theminimum liability provided in laws and regulations. If Mr. Toru Inoue, Mr. Hiroji Takino and Ms. Masako
Osuna are reappointed as External Directors, the Company will continue the aforementioned liability
limitation agreements with them.
5. The Company has entered into a Directors and Officers Liability Insurance (D&O insurance) Contract, as
defined in Article 430-3, paragraph 1 of the Companies Act, with an insurance company under which theCompany’s Directors are the insured. If this proposal is approved and adopted without changes to the original
proposal and if the candidates take office as Directors, the candidates will be the insured under the insurance
contract. If any shareholder, third party or other entity claims damages from any of the insured, the damages,
litigation expenses, etc. that would otherwise be incurred by the insured party will be covered under the
insurance contract. However, the insurance contract will not cover some specific damages, for example,
damages arising from acts of the insured party that are committed with an awareness of legal violations. All
insurance premiums, including those for the special conditions, are borne by the Company, with no premiums
being paid by any of the insured. The Company intends to renew the aforementioned insurance contract on
the same terms and conditions at the next renewal.
6. The Company designated Mr. Toru Inoue, Mr. Hiroji Takino and Ms. Masako Osuna as Independent
Directors as stipulated under the regulation of Tokyo Stock Exchange and registered them as such at the
Exchange. If their reappointments are approved, they will continue to be Independent Directors.
7. Mr. Toru Inoue, Mr. Hiroji Takino and Ms. Masako Osuna all satisfy the requirements established by theCompany under “Criteria for Independence of External Directors” (see next page).
8. We are of the opinion that the proposed reappointment of Mr. Toru Inoue, who had been employed by Murata
Manufacturing Co., Ltd., one of our parts suppliers, will not adversely affect his independence in view of thefact that the volume of business transactions between Murata Manufacturing and EIZO for FY2023 only
accounts for less than 0.3 percent of each of the two companies' total sales on a consolidated basis.
Additionally, we are of the opinion that the proposed reappointment of Mr. Hiroji Takino, who had been
employed by Hokuriku Bank, Ltd., will not adversely affect his independence in view of the fact that ourborrowing from Hokuriku Bank, Ltd. as of March 31, 2024 only accounts for less than 0.4 percent of our total
assets on a consolidated basis and does not significantly impact our financing.
9. In January 2020, while Ms. Masako Osuna was serving as an Outside Director of Hibiya Engineering, Ltd.,
following an inquiry by the Tokyo Regional Taxation Bureau, an investigation revealed fraudulent activities
by a former employee of that company. Although she was not aware of this fact in advance, she maderecommendations from the viewpoint of legal compliance at meetings of the Board of Directors and othermeetings on a regular basis. Since the fact became known, she has been making recommendations tostrengthen the internal control system and ensure compliance in order to prevent recurrence of the incident.
10. In January 2020, during Ms. Masako Osuna's tenure as an Outside Director (Audit and Supervisory
Committee Member) of The Hokkoku Bank, Ltd., an incident involving the embezzlement of money by aformer employee of the bank came to light. Although she was not aware of this fact in advance, she maderecommendations from the viewpoint of legal compliance at meetings of the Board of Directors and othermeetings on a regular basis. After the fact became known, she made recommendations to strengthen theinternal control system and ensure compliance in order to prevent recurrence of the incident.

- 13 -

(Reference) Criteria for Independence of External Directors
1. The Board of Directors of EIZO Corporation deems an External Director or a candidate for External
Director to have independence in the event that he/she does not fall under any of the items below inthe current fiscal year and in the previous three (3) fiscal years.
(1) A person executing business operations (*) of EIZO Group’s business partner, its parent
company, or important subsidiary whose transaction amount exceeds two (2) % of theconsolidated net sales of EIZO Group or the business partner.
(2) A person executing business operations of a financial institution or other lenders, or its parent
company or important subsidiary which is indispensable for EIZO Group’s financing and on
which the Group depends to the extent that there is no substitute.
(3) A consultant, accounting professional, or legal professional who has received from EIZOGroup monetary consideration or other properties equivalent to ten (10) million yen or moreduring a year, excluding officers’ remuneration (in case a corporation, association, or otherorganization receives such properties, a person who belongs to such organization).
(4) A person executing business operations of a major shareholder of EIZO Corporation (whoholds ten (10) % or more of the voting rights of the Company directly or indirectly) or its
parent company or important subsidiary.
(5) A representative partner, certified public accountant, partner, or employee of the audit firmthat is the current Accounting Auditor of EIZO Group, or a person who has belonged to theaudit firm that was the Accounting Auditor of EIZO Group during the previous three (3) fiscal
years and was engaged in actual auditing work on EIZO Group.
(6) A person executing business operations or a Corporate Auditor of a company, or its parent
company or subsidiary that accepts Directors from EIZO Group.
(7) A person who has received a donation of ten (10) million yen or more during a year from EIZOGroup (in case a corporation, association, or other organization receives such donation, a
Director of such an organization or a person directly involved in research, education, or otheractivities related to such a donation).
(8) A spouse or relative within the second degree of kinship of a person executing business
operations who falls under any of (1) to (7) above.
(9) Notwithstanding the foregoing, any other person who has special grounds that could give rise
to a conflict of interests with the Company or its general shareholders, preventing him/herfrom fulfilling duties as an independent External Director.
(*) A person executing business operations means a Director (excluding an External Director),
corporate officer, executive officer or other similar person, or employee.
2. In case an External Director ceases to have the independence stipulated in the Criteria, he/she shallnotify the Company immediately.
3. Amendments to the Criteria shall be resolved by the Board of Directors.

- 14 -

(Reference) Composition of the Board of Directors after this General Meeting of Shareholders
If Proposal 1 and Proposal 2 are approved and adopted without changes to the original proposals, thecomposition of the Board of Directors after this General Meeting of Shareholders will be as follows.

●

Manabu Arise

Male

●

Thomas J. Waletzki

Male

●

Toru Inoue

Male

Kazuhiko Deminami

Male

Hiroji Takino

Male

Masako Osuna

Female

●

●

●

◎

◎

○

○

●

External
Independent

○

○

●

External
Independent

○

○

●

●

Sustainability

●

●

SCM*

External
Independent●

Sales & Marketing

Masaki Ebisu

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

●

Research & Technology Development

Male

Male

Governance & Risk Management●

Yoshitaka Jitsumori

Attribute

Internal Control, Legal & Compliance

Accounting & Finance●

GenderHR & HR Development

Global Business Management

○

Name

Audit and Supervisory Committee Member

Nomination and Remuneration Advisory Committee

Main specialties●*SCM: Supply Chain Management- The above table does not represent all areas of knowledge of each of the Directors.
- A double circle (◎) indicates the chairperson, who is elected by the members of the committee.

- 15 -