Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event ofany discrepancy between this translated document and the Japanese original, the original shall prevail. The Company
assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from thetranslation.
(Stock Exchange Ticker Symbol: 5992)
May 26, 2021
To shareholders with Voting Rights:
Satoshi Takae
President
Chuo Spring Co., Ltd.
68 Aza-Kamishiota, Narumicho,Midori-ku, Nagoya Japan, 458-8505
JapanNOTICE OF THE 98th ORDINARY GENERAL MEETING OF SHAREHOLDERS
Dear Shareholders:
We would like to express our sincere appreciation for your continued support and patronage.
We hereby inform you of the 98th Ordinary General Meeting of Shareholders of Chuo Spring Co., Ltd. (the“Company”). The meeting will be held for the purposes as described below. In order to reduce the risk of contagion ofCOVID-19, we strongly request shareholders to exercise your voting rights in writing and to consider refraining fromattending this General Meeting of Shareholders.
If you exercise your voting rights in writing, please review the attached Reference Documents for the Ordinary
General Meeting of Shareholders and exercise your voting right by no later than the close of business hours (5:00p.m.)on Wednesday, June 16, 2021, Japan time.
Sincerely,
1. Date and Time:
2. Place:

Thursday, June 17, 2021 at 10:00am Japan Time
Head Office, Chuo Spring Co., Ltd.
Auditorium at 3rd Floor

3. Meeting Agenda:
Matters to be reported:

4. Proposals to be resolved
Proposal 1:
Proposal 2:
Proposal 3:

1. The Business Report, Consolidated Financial Statements for the Company’s 98th
Fiscal Year (April 1, 2020 – March 31, 2021) and results of audits by theAccounting Auditor and the Audit & Supervisory Board of the Consolidated
Financial Statements
2. Non-consolidated Financial Statements for the Company’s 98th Fiscal Year
(April 1, 2020 – March 31, 2021)
Election of 6 (six) Board Members
Election of 2 (two) Audit & Supervisory Board Members
Election of 1 (one) Substitute Audit & Supervisory Board Member

Reference Documents for the Ordinary General Meeting of Shareholders
Proposals and References
Proposal 1.
Members

Election of six (6) Board Members due to the expiration of the term of office of all the current Board

The term of office of all the current board members expire at the conclusion of this 98th Ordinary General Meeting ofShareholders. Accordingly, we hereby propose that you elect six (6) board members.
The candidate for board members are as follows:CandidateNo.
1
Reappoint-ment

NameSatoshiTakae[Date of birth]
November 16,
1958[Number ofshares of theCompany
held]
5,600

Brief personal history, positions and responsibilities in Company and significant
concurrent positionsApril 1981
Joined Toyota Motor Company
June 2005
President and Board Member of Toyota Peugeot Citroën AutomobileCzech, s.r.o.
June 2006
General Manager, Production Engineering Planning Div, Toyota
Motor Corporation
June 2010
Managing officer, Toyota Motor Corporation
April 2015
Advisor, Chuo Spring Co., Ltd.
June 2015
President, Member of Board, Chuo Spring Co., Ltd. (to present)[Positions and Responsibilities in Company]
Business Administration function (System Planning)[Significant concurrent positions]
President, Nagasaki Chuhatsu Co., Ltd.
Chairman, Chuhatsu Factory Co., Ltd.

2
Reappoint-mentKenta
KoideApril 1983
January 2008

[Date of birth]
July 19, 1959

January 2011
January 2013

[Number ofshares of theCompany
held]
5,808

January 2017
June 2017
June 2018
June 2020

Joined Toyota Motor Corporation
General Manager, Production Engineering Planning Div.,
Administration Dept., Toyota Motor Corporation
General Manager, Administration Div., Honsha Plant, Toyota Motor
Corporation
President and Board Member of Toyota Peugeot Citroën AutomobileCzech, s.r.o.
Advisor, Chuo Spring Co., Ltd.
Managing Officer, Member of Board, Chuo Spring Co., Ltd.
Senior Managing Director, Member of Board, Chuo Spring Co., Ltd.
Vice President, Member of Board, Chuo Spring Co., Ltd. (topresent)[Positions and Responsibilities in Company]
Business Administration function (Business Renovation, Corporate Planning andHuman resource)
Human resource & General Administration Div.
[Significant concurrent positions]
Chairman, Xiaogan Chuhatsu Lioho Automotive Components Co., Ltd.
3
Reappoint-ment

Haruhiko
Shiba[Date of birth]
September 3,
1959[Number ofshares of theCompany
held]
8,092

April 1982
January 2007

Joined Toyota Motor Company
General Manager, Chassis Component Engineering Dept., Toyota
Motor Corporation
April 2013
Project General Manager, Chassis Planning and Administration
Dept., Toyota Motor Corporation
January 2014
Executive Advisory Engineer, Chuo Spring Co., Ltd.
June 2014Managing Officer, Chuo Spring Co., Ltd.
June 2016
Member of Board, Chuo Spring Co., Ltd.
June 2018
Management Director, Member of Board, Chuo Spring Co., Ltd.
June 2019
Senior Managing Director, Member of Board, Chuo Spring Co.,
Ltd. (to present)[Positions and Responsibilities in Company]
Design, Production Engineering, Quality Assurance function (Design and QA)
Technical Administration Div., Technical Development Div.,Technical Engineering Div.
[Significant concurrent positions]
President, Chuhatsu Techno Co., Ltd.

CandidateNo.

NameBrief personal history, positions and responsibilities in Company and significant
concurrent positions4Akihiro
InagakiApril 1983
October 2008
January 2014
June 2015
June 2018
June 2019

Reappoint-ment

5
Reappoint-ment
OutsideIndependent

6New
Appoint-ment
OutsideIndependent[Date of birth]
March 11,1961[Number ofshares of theCompany
held]
3,512
Kana
YasudaJoined Chuo Spring Co., Ltd.
General Manager, Purchasing Div., Chuo Spring Co., Ltd.
Associate Director, Chuo Spring Co., Ltd.
Officer, Chuo Spring Co., Ltd.
Managing Officer, Chuo Spring Co., Ltd.
Senior Managing Director, Member of Board, Chuo Spring Co.,
Ltd. (to present)[Positions and Responsibilities in Company]
Sales & Marketing, Purchasing, Production Control functions
Purchasing Dept.
November
1993
April 1997
March 2000

Joined Century Audit Corporation (currently Ernst & Young
ShinNihon LLC)
Registered as certified public accountant[Date of birth]
Established Yasuda Certified Public Accountant Office
April 10,President of Yasuda Certified Public Accountant Office1969(to present)
June 2019
Member of Board, Chuo Spring Co., Ltd. (to present)[Number of[Significant concurrent positions]shares of thePresident of Yasuda Certified Public Accountant Office
Company
Outside Auditor, SUGI Holdings Co., Ltd.
held]
External Director, GEO Holdings Corporation2,000
External Auditor, Shinpo Co., Ltd.
Director, (Audit and Supervisory Committee member), KONDOTEC INC.
[Reasons for nomination as an outside member of the Board of Director candidate]
The reason for nominating Ms. Kana Yasuda a candidate for outside director is that she possesses
extensive knowledge as a certified public accountant and a tax accountant through her experience as
Director of Yasuda Accounting Office.
Accordingly, for two years as an independent outside director, she has been providing useful instructions
and opinions from a professional viewpoint of our management, particularly finance and tax affairs, andwe have judged that she will continue to be able to perform appropriate guidance for the decision-makingof the Board of Directors.
Mitsuko
YamamotoMarch 1983
April 1985

[Date of birth]January 1,1957

Sept. 1998
July 2016[Number ofshares of theCompany
held]
N/A

July 2017

Joined Womanstaff Co. Ltd.
Director of Womanstaff Co., Ltd., General Manager, Sales Division
Senior Managing Director of Womanstaff Co., Ltd.
Womanstaff Co. Ltd. was merged with Tempstaff Co., Ltd.
Director, Managing Officer of Tempstaff Co., Ltd.
Tempstaff Co., Ltd. changed its name to Persol Tempstaff Co. Ltd.
Director of Persol Tempstaff Co. Ltd.
Advisor (full-time) of Persol Tempstaff Co. Ltd. (to present)

July 2019
July 2020[Significant concurrent positions]
Advisor (full-time) of Persol Tempstaff Co. Ltd.

[Reasons for nomination as an outside member of the Board of Director candidate]
The reason for nominating Ms. Mitsuko Yamamoto a candidate for outside director is that she has many
years of experience in management, particularly extensive knowledge of labor management at PersolTempstaff Co., Ltd.
Accordingly, as an independent outside director, we have judged that she will be able to provide us useful
opinions and guidance from a professional and objective viewpoint, particularly personnel and laboraffairs, and that she will be able to perform appropriate guidance for the decision-making of the Board ofDirectors.

(Notes)

1. There are no special interests between Company and candidates for Board Members.
2. Company has entered into an agreement with Ms. Kana Yasuda to limit her liability under Article 423,
paragraph 1 of Company Law of Japan to two million forty thousand Japanese Yen (JPY2,400,000.-) or to
maximum amount stipulated in law whichever higher. If the election of Ms. Kana Yasuda and Ms. Mitsuko
Yamamoto is resolved, Company will continue to enter into said agreement with each of them.
3. Company has entered into a directors’ liability insurance agreement as stipulated in Article 430, paragraph
3.1 of the Company Law of Japan with an insurance company. The insurance policy covers damages, court
costs, etc. that may result from the insured being liable for the performance of their duties in the capacity of
their offices. The insurance premiums are fully borne by Company and the agreement names all Members ofthe Board of Directors as insured persons if their election is resolved. Company plans to renew such agreementwith resolution of Board Meeting during their term of offices.
4. Ms. Mitsuko Yamamoto’s name in the family register is Ms. Mitsuko Ando.
5.The following is notes as to candidates of outside Board Members(1) Ms. Kana Yasuda is a candidate for outside Board Member. Company has registered her with the Tokyo
Stock Exchange and Nagoya Stock Exchange as Independent Board Member in accordance with the rules ofeach Stock Exchange.
(2) Ms. Kana Yasuda is nominated as outside Board Member as Company believes that she will be able toperform her role with her distinguished knowledge and experience as certified public accountant and tax
accountant and to apply her excellent insight to the management of the Company.
(3) At the conclusion of this Ordinary General Meeting of Shareholders, the term of her office as outside
Board Member will have been two (2) years.
(4) Ms. Mitsuko Yamamoto is a candidate for outside Board Member. Company will register her with theTokyo Stock Exchange and Nagoya Stock Exchange as Independent Board Member in accordance with therules of each Stock Exchange.
(5) Ms. Mitsuko Yamamoto is nominated as outside Board Member as Company believes that she will be able
to perform her role with her distinguished knowledge and experience in management of labor, human resourceand staffing service and to apply her excellent insight to the management of the Company.
(6) Company implemented a four-for-one common stock split, effective April 1, 2021. Number of shares of theCompany held by candidates shown are after the share split.

Proposal 2.

Election of two (2) Audit & Supervisory Board Members

At the conclusion of this General Meeting of Shareholders, Audit & Supervisory Board Member, Mr. Takayuki
Yamaguchi will resign from his position and the term of office of Mr. Hideki Yamamoto will expire. Accordingly, wehereby propose that you elect two (2) Audit & Supervisory Board Members and the candidates are as follows:In addition, Mr. Minoru Mase will be elected to fill the vacancy of Mr. Takayuki Yamaguchi and in accordance with theprovisions of the Company’s Articles of Incorporation, his term of office shall be up to the expiry of the original term ofoffice of the retiring Audit & Supervisory Board Member.
Audit & Supervisory Board has given its prior consent to this proposal.
CandidateNo.
1NameHideki
Yamamoto

Reappoint-ment[Date of birth]
August 21,
1968

OutsideIndependent[Number ofshares of theCompanyheld]
N/A

Brief personal history, positions and responsibilities in Company and significant
concurrent positions
October 1996
Joined Deloitte Touche Tohmatsu LLC, Nagoya Office
April 2000
Established Certified Public Accountants Hideki Yamamoto'sOffice, and assumed to its Chief Representative (to present)
April 2003
Established Alpha Consulting Co., Ltd. and assumed to its
Representative Director (to present)
July 2007
Established Alpha Tax Accountant Corporation and assumed toits Representative Partner (to present)
June 2010
Audit & Supervisory Board Member, Chuo Spring Co., Ltd.
(to present)[Significant concurrent positions]Chief Representative, Certified Public Accountants Hideki Yamamoto's Office
Representative Director, Alpha Consulting Co., Ltd.
Representative Partner, Alpha Tax Accountant Corporation
External Director, Gifu landscape architect Co., Ltd.

2Minoru
MaseApril 1987
January 2016

New
Appoint-ment[Date of birth]
December 25,1963

January 2017
January 2018

Joined Chuo Spring Co., Ltd.
General Manager, Corporate Strategic Planning Div.,
Chuo Spring Co., Ltd.
General Manager, Human Resource & General Administration
Div., Chuo Spring Co., Ltd.
Associate Director, Chuo Spring Co., Ltd.

[Number ofshares of theCompany
held]
1,200April 2019

Officer, Chuo Spring Co., Ltd. (to present)(Notes)1. There are no special interests between Company and candidates for Audit & Supervisory BoardMembers.
2. Company has entered into an agreement with Mr. Hideki Yamamoto to limit his liability under Article 423,
paragraph 1 of Company Law of Japan to two million forty thousand Japanese Yen (JPY2,400,000.-) or tomaximum amount stipulated in law whichever higher. If the election of Mr. Hideki Yamamoto is resolved,
Company will continue to enter into said agreement with each of him.
3. Company has entered into a directors’ liability insurance agreement as stipulated in Article 430, paragraph
3.1 of the Company Law of Japan with an insurance company. The insurance policy covers damages, court
costs, etc. that may result from the insured being liable for the performance of their duties in the capacity oftheir offices. The insurance premiums are fully borne by Company and the agreement names all Members ofthe Audit & Supervisory Board as insured persons if their election is resolved. Company plans to renew suchagreement with resolution of Board Meeting during their term of offices.

4. The following is notes as to a candidate of outside Audit & Supervisory Board Member(1) Mr. Hideki Yamamoto is a candidate for outside Audit & Supervisory Board Members.
(2) Ms. Hideki Yamamoto is nominated as outside Board Member as Company believes that he will be able toperform his role with his distinguished knowledge and experience as certified public accountant and tax
accountant and to apply his excellent insight to the management of the Company.
(3) At the conclusion of this Ordinary General Meeting of Shareholders, the term of his office as outside
Audit & Supervisory Board Members will have been eleven (11) years.
5. Company implemented a four-for-one common stock split, effective April 1, 2021. Number of shares of theCompany held by candidates shown are after the share split.

Proposal 3.

Election of 1 (one) Substitute Audit & Supervisory Board Member

In order to be prepared in the event that Company lacks the number of Audit & Supervisory Board Members and it
becomes less than that required by laws, we hereby propose that 1(one) Substitute Audit and Supervisory Board Member
be elected. The candidate is as below:
Audit & Supervisory Board has given its prior consent to this proposal.
Candidate
Name
Norifumi
Miura[Date of birth]
August 23,
1958[Number ofshares of theCompanyheld]
6,800

Brief personal history, positions and responsibilities in Company and significant concurrent
positions
April 1979
Joined Toyota Motor Company
January 2010
Production Planning Div., Strategic and Planning Group Leader, (with GeneralManager’s status) Toyota Motor Corporation
January 2011
Advisor, Chuo Spring Co., Ltd.
June 2011
Director, Member of Board, Chuo Spring Co., Ltd.
Officer, Chuo Spring Co., Ltd.
June 2012Management Director, Member of Board, Chuo Spring Co., Ltd.
June 2018
Managing Officer, Chuo Spring Co., Ltd.
June 2019
President, Chuhatsu Hanbai Co., Ltd. (to present)
President, Reelex Co., Ltd.

[Significant concurrent positions]
President, Chuhatsu Hanbai Co., Ltd.

(Notes)1. There are no special interests between Company and candidate.
2. Mr. Norifumi Miura will be assumed to the position the President of Reelex Co., Ltd.
at the 10th General Shareholders Meeting of said company held on May 27, 2021.
3. Company implemented a four-for-one common stock split, effective April 1, 2021. Number of sharesof the Company held by candidates shown are after the share split.