[NOTICE: This document is a translation of the Japanese language original for convenience purposes only,
and in the event of any discrepancy, the Japanese language original shall prevail.]

To whom it may concern:

June 23, 2020
The Shizuoka Bank, Ltd.
Filing of Extraordinary Report

The Shizuoka Bank, Ltd. hereby announces that it filed today an extraordinary report concerning theresults of the exercise of voting rights at the 114th Annual General Meeting of Shareholders of the Shizuoka
Bank, Ltd.

1. Reason for FilingAs the following proposals were resolved at the 114th Annual General Meeting of Shareholders of theShizuoka Bank, Ltd. (the “Bank”) held on June 19, 2020, the Bank hereby files this Extraordinary Reportpursuant to the provisions of Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act andthe provisions of Article 19, Paragraph 2, Item 9-2 of the Cabinet Office Ordinance on the Disclosure ofCorporate Affairs, etc.
2. Description of Report(1) Date on which the General Meeting of Shareholders was held:
June 19, 2020
(2) Details of Proposals Resolved:Proposal No. 1: Appropriation of Surplus
Matters concerning year-end dividends of surplus
11.00 yen per share of common stock of the Bank, for a total of 6,312,928,017 yen.
Proposal No. 2: Election of Nine (9) Directors
Election of Katsunori Nakanishi, Hisashi Shibata, Minoru Yagi, Hidehito Iio, Koichi
Kiyokawa,Yoshihiro Nagasawa, Kumi Fujisawa, Motoshige Itoh and Kazuto Tsubouchi asDirectors.
Proposal No. 3: Election of Two(2) Audit & Supervisory Board Members
Election of Mitsuru Kobayashi and Isamu Nakamura as Audit & Supervisory Board Members.
Proposal No. 4:

Determination of Compensation for Directors to Grant Shares with Restriction on
Transfer
Compensation to be paid for granting Restricted Shares shall be monetary receivables and its amountshall be no more than 50 million yen per year.

Proposal No. 5: Revision of the Amount of Performance-linked Compensation for Directors
Performance-linked compensation corresponded to the level of net income and not exceed 100
million yen per year, but the Bank shall change the indicator for determination of performancelinked compensation from non-consolidated net income to consolidated net income attributable toowners of the parent, and also the Bank shall change the upper limit of performance-linkedcompensation to 140 million yen per year.
Allocation to Directors shall be entrusted to the Board of Directors.

―1―(3) The number of voting rights either approving, disapproving or abstaining on proposals resolved;
requirements for the approval of the resolutions and their results
Proposals

Approving Disapproving(Number of(Number ofvoting rights) voting rights)

Abstaining(Number ofabstaining)

Approval ratio

Voting results

4,809,973

6,736

704

99.3%

Approved

Katsunori Nakanishi

4,682,338

122,140

12,904

96.6%

Approved

Hisashi Shibata

4,691,843

117,9937,546

96.8%

Approved

Minoru Yagi

4,765,768

44,071

7,546

98.4%

Approved

Hidehito Iio

4,765,785

44,054

7,546

98.4%

Approved

Koichi Kiyokawa

4,773,851

35,988

7,546

98.5%

Approved

Yoshihiro Nagasawa

4,765,879

43,960

7,546

98.4%

Approved

Kumi Fujisawa

4,803,044

13,638704,99.1%

Approved

Motoshige Itoh4,622,916

191,510

2,960

95.4%

Approved

Kazuto Tsubouchi

4,809,758

4,668

2,960

99.3%

Approved

Mitsuru Kobayashi

4,687,249

129,467

704

96.7%

Approved

Isamu Nakamura4,314,043

502,671

704

89.0%

Approved

Proposal No. 4

4,766,295

50,378704

98.4%

Approved

Proposal No. 5

4,806,790

9,977

704

99.2%

Approved

Proposal No. 1
Proposal No. 2

Proposal No. 3(Notes) The conditions for approval for each proposal are as stated below.
1. Proposal No. 1, Proposal No. 4 and Proposal No. 5 require approval by a majority of voting rights of theshareholders in attendance.
2. Proposal No. 2 and No. 3 require the attendance of shareholders holding one-third of voting rightsowned by shareholders eligible to exercise voting rights and approval by a majority of voting rights heldby the shareholders in attendance.
(4) The reason that a portion of the number of voting rights held by the shareholders in attendance at theGeneral Meeting of Shareholders was not included in the number of voting rights
Resolutions of all the proposals have been legitimately reached in accordance with the Companies Act,as the requirements for approval have been met based on the number of votes confirmed to beapproving or disapproving by counting the voting rights exercised up to the day before this General
Meeting of Shareholders and those of shareholders in attendance. Therefore, voting rights of theshareholders in attendance for which confirmation is lacking as to whether they are approving,
disapproving or abstaining are not included in the count.
End―2―