This document has been translated from a part of the Japanese original for reference purposes only. In the eventof any 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 the translation.

Securities Code: 6412
June 8, 2021
To Those Shareholders with Voting Rights
Katsuya Minei
Representative Director/President
Heiwa Corporation
1-16-1, Higashiueno, Taito-ku,Tokyo, JapanNOTICE OF THE 53RD ORDINARY GENERAL MEETING OF SHAREHOLDERS
Please be informed that the 53rd Ordinary General Meeting of Shareholders of Heiwa Corporation (the“Company”) will be held as stated below.
To avoid the spread of infection with COVID-19, we recommend our shareholders to refrain fromparticipating in person on the day of the General Meeting of Shareholders, and to exercise yourvoting rights in writing or via the Internet, etc. As for exercising your voting rights beforehand, please
review the Reference Documents for the General Meeting of Shareholders as described hereinafter, andexercise your voting rights no later than 6:00 p.m. on Monday, June 28, 2021.
Notice on Exercising Voting Rights in Writing or via the Internet, etc.
Exercising Voting Rights in Writing

Please indicate “for” or “against” for the proposal in
the enclosed Voting Right Exercise Form, and returnthe form to us no later than 6:00 p.m. on Monday, June28, 2021.

Exercising Voting Rights via the Internet,etc.

To exercise your voting rights via the Internet, etc.,
please refer to the attached “Instructions for Exercising
Voting Rights” (omitted in this translation) andexercise your voting rights no later than 6:00 p.m. onMonday, June 28, 2021.

-1-1. Date and Time: Tuesday, June 29, 2021 at 10:00 a.m.
2. Place:
Grand Ballroom “TENKU” (B1F), Tokyo Dome Hotel
1-3-61 Koraku, Bunkyo-ku, Tokyo
3. Agenda of the Meeting:
Matters to be reported: 1. Business Report, Consolidated Financial Statements for the 53rd Fiscal
Year (from April 1, 2020 to March 31, 2021) and results of audits by
the Accounting Auditor and the Audit and Supervisory Board of theConsolidated Financial Statements
2. Non-Consolidated Financial Statements for the 53rd Fiscal Year (fromApril 1, 2020 to March 31, 2021)
Proposals to be resolved:
Proposal:Appropriation of Surplus
Shareholders attending the meeting in person are requested to submit the Voting Right Exercise Formenclosed with this notice to the reception desk on the day of the meeting.
A shareholder may exercise his/her voting rights by designating one proxy who is another shareholderof the Company with voting rights. In such cases, please submit a document authorizing the proxy withthe Voting Right Exercise Form enclosed with this notice to the Company at the reception desk.
If the Reference Documents for the General Meeting of Shareholders, Business Report, andConsolidated and Non-consolidated Financial Statements are subsequently revised, the revisions shall beposted on the Company’s website (https://www.heiwanet.co.jp/ir/).

-2-Reference Documents for the General Meeting of Shareholders
Proposal: Appropriation of Surplus
The Company places top priority on returning profits to shareholders while increasing corporate value.
To be more specific, the Company’s basic policy is to pay stable dividends in comprehensive
consideration of its business plan, financial position, business performance, payout ratio, dividend onequity ratio, etc.
In accordance with the policy mentioned above, we would like to propose the year-end dividends forthe 53rd fiscal year as follows:(1) Type of dividend property
Dividends will be paid in cash.
(2) Appropriation of dividend property to shareholders and total amount¥40 per share of the Company’s common stock, for a total amount of ¥3,945,328,440(As a result, the annual dividend, including interim dividend of ¥40 per share, would be ¥80
per share in total.)(3) Effective date of dividends from surplus
June 30, 2021

-3-