Translation: Please note that the following purports to be an accurately translated excerpt of theoriginal Japanese version prepared for the convenience of investors outside Japan. However, inthe case of any discrepancy between the translation and the Japanese original, the latter shallprevail.
Stock Exchange Code: 3105
March 30, 2022

Dear Shareholders:Nisshinbo Holdings Inc.

2-31-11, Nihonbashi Ningyo-cho, Chuo-ku, Tokyo

Masahiro Murakami
President and Representative Director

Notice of Resolutions ofThe 179th Ordinary General Meeting of Shareholders
We are pleased to inform you that matters noted below were reported and resolved at the179th Ordinary General Meeting of Shareholders of Nisshinbo Holdings Inc. held today.
PARTICULARSMatters Reported:
1.

Report on the Business Report, the Consolidated Financial Statements for the 179th Fiscal
Year (from January 1, 2021 to December 31, 2021) and the Results on the Audits ofConsolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory
Board.
2. Report on the Non-Consolidated Financial Statements for the 179th Fiscal Year (fromJanuary 1, 2021 to December 31, 2021).
The contents of the above-mentioned documents were reported.

Matters Resolved:

First Item of Business:

Partial Amendments to the Articles of Incorporation
This proposal was approved and adopted as originallyproposed. To prepare for the introduction of a system forproviding reference documents, etc. for the General Meetingof Shareholders in electronic format, necessary amendments
were made, and moreover, supplementary provisions
regarding the effective date, etc., were established.
The details of amendments are as shown in the Appendix(Announcement of Partial Amendments to the Articles ofIncorporation).

Second Item of Business:

Election of Twelve (12) Directors

This proposal was approved and adopted as originallyproposed. Eleven (12) members, namely, Mr. Masaya Kawata,
Mr. Masahiro Murakami, Mr. Takeshi Koarai, Mr. Satoru Taji,
Mr. Kazunori Baba, Mr. Yasuji Ishii, Mr. Shuji Tsukatani, Mr.
Keiji Taga, Ms. Shinobu Fujino, Mr. Hiroaki Yagi, Mr.
Hiroyuki Chuma and Ms. Naoko Tani were elected and allassumed the offices as Directors.
Mr. Keiji Taga, Ms. Shinobu Fujino, Mr. Hiroaki Yagi, Mr.
1

Hiroyuki Chuma and Ms. Naoko Tani are all OutsideDirectors.
Third Item of Business:

Election of One (1) Substitute Audit & Supervisory BoardMember
This proposal was approved and adopted as originallyproposed. Mr. Fumihiro Nagaya was elected as SubstituteAudit & Supervisory Board Member.

End2

At the meeting of the Board of Directors after the close of this General Meeting,
Representative Directors and Directors with Specific Titles were appointed, and at themeeting of the Audit & Supervisory Board after the close of this General Meeting,Standing Audit & Supervisory Board Members were appointed and all assumed theiroffices, respectively.
Accordingly, the current compositions of Directors, Audit & Supervisory Board
Members and Managing Officers are as follows:
Director:
Chairman

Masaya Kawata

Representative Director:
President

Masahiro Murakami

Representative Director:
Senior Executive Managing Officer

Takeshi Koarai

Director:
Executive Managing Officer

Satoru Taji

Director:
Executive Managing Officer

Kazunori Baba

Director:
Managing Officer

Yasuji Ishii

Director:
Managing Officer

Shuji Tsukatani

Director:

Keiji Taga

Director:

Shinobu Fujino

Director:

Hiroaki Yagi

Director:

Hiroyuki Chuma

Director:

Naoko Tani

Standing Audit &Supervisory Board Member:

Toshihiro Kijima

Standing Audit &Supervisory Board Member:

Takumi Ohmoto

Audit & Supervisory Board Member:

Atsushi Yamashita

Audit & Supervisory Board Member:

Mitsunori Watanabe

Executive Managing Officer:

Makoto Sugiyama

Managing Officer:

Toshihiro Masuda

Managing Officer:

Kazuo Saito
3

Managing Officer:

Kaoru Murata

Managing Officer:

Yuzo Matsui

Managing Officer:

Ikuo Takahashi

Managing Officer:

Nobuyuki Adachi(Notes) 1. Mr. Keiji Taga, Ms. Shinobu Fujino, Mr. Hiroaki Yagi, Mr. Hiroyuki
Chuma and Ms. Naoko Tani are all Outside Directors.
2. Mr. Atsushi Yamashita and Mr. Mitsunori Watanabe are Outside Audit &Supervisory Board Members.

End4

Appendix
Announcement of Partial Amendments to the Articles of Incorporation
Details of the amendments are as follows:(Amended parts are underlined)
Before amendment(Online Disclosure of Reference Documentation
for General Meetings of Shareholders, etc., andDeemed Provision of Information)
Article 14
It will be deemed that the Company has
provided the shareholders with the necessary
information with respect to the matters to bestated or indicated in reference documents for
General Meetings of Shareholders, business
reports, financial statements, and consolidated
financial statements by disclosing that
information online in accordance with anordinance of the Ministry of Justice.

After amendment[Deleted][Newly Established](Measures, etc. for the Provision of Information
in Electronic Format)
Article 14
On convening a General Meeting of
Shareholders, the Company shall provide
information that is the contents of reference
documents, etc. for the General Meeting of
Shareholders in electronic format.
2.Among the contents provided in an electronic
format, the Company may exclude all or partof matters prescribed by the ministerial
ordinances of the Ministry of Justice from thedocument that will be issued to shareholders
who requested the issuance of such a
document by the record date for voting rights.

[Newly Established]

SUPPLEMENTARY PROVISIONS
1.The deletion of the current pre-revision Article
14 of the Articles of Incorporation (Online
Disclosure of Reference Documentation for
General Meetings of Shareholders, etc., andDeemed Provision of Information) and theestablishment of the amended Article 14(Measures, etc. for the Provision ofInformation in Electronic Format) shall takeeffect from September 1, 2022.
2.Notwithstanding the provisions of thepreceding paragraph, the current pre-revisionArticle 14 of the Articles of Incorporation(OnlineDisclosureofReference
Documentation for General Meetings ofShareholders, etc., and Deemed Provision ofInformation) shall remain effective regarding
any General Meeting of Shareholders held on a5

(Amended parts are underlined)
Before amendment

After amendment
date until the last day of February 2023.
3.These Supplementary Provisions shall bedeleted on March 1, 2023 or after three months
have passed from the date of the General
Meeting of Shareholders in the preceding
paragraph, whichever is later.

End6