(English Translation)
This English translation is an abridged version of the original document in Japanese.
In the event of any discrepancy, the Japanese version prevails.

Stock code: 6237
June 5, 2020
To Our Shareholders:
Shigeru Fujinaka, President
IWAKI CO.,LTD.
2-6-6, Kanda Suda-cho, Chiyoda-ku, Tokyo

Notice of Convocation of the 65th Annual General Meeting of Shareholders
I would like to take this opportunity to thank you for your support of IWAKI CO.,LTD. We will hold the 65th AnnualGeneral Meeting of Shareholders as described below.
There are concerns that the COVID-19 pandemic will spread. To ensure the safety of shareholders and prevent thespread of the pandemic, we strongly urge shareholders not to attend this meeting in person. We ask shareholders tosubmit your votes in advance in writing or using the Internet.
If you exercise your voting rights in writing or on the Internet, please review the following Reference Documents for
the General Meeting of Shareholders and submit your votes by no later than 5:30 p.m. on Thursday, June 25, 2020.
Details
1. Date and time

Friday, June 26, 2020 at 10 a.m. (Reception starts at 9 a.m.)
4th Floor Golden Room
Hotel Grand Palace
1-1-1, Iidabashi ,Chiyoda-ku ,Tokyo

2. Place

3. Meeting agenda
Matters to be reported:

1. The Business Report, Consolidated Financial Statements and the results of audits
conducted by the Accounting Auditor and the Audit & Supervisory Board of theConsolidated Financial Statements for Iwaki’s 65th Fiscal Year (April 1, 2019 March 31, 2020)
2. Non-consolidated Financial Statements for Iwaki’s 65th Fiscal Year
(April 1, 2019 - March 31, 2020)

Proposals to be resolved:
Proposal No. 1: Appropriation of Retained Earnings
Proposal No. 2: Election of One (1) Audit & Supervisory Board Member(1) For those attending, please present the enclosed Voting Rights Exercise Form at the reception desk on arrival at themeeting.
(2) For those voting by proxy, a shareholder can vote by having another individual who holds voting rights attend theGeneral Meeting of Shareholders and act as proxy. In that case, please submit a Power of Representation Form.
(3) Shareholders who attend the meeting will not receive any gifts from Iwaki. Thank you for your understanding.

1(4) If any amendment is made to the Reference Documents for the General Meeting of Shareholders, the Business Report
and the Consolidated and/or the Non-Consolidated Financial Statements, the amended information will be disclosed
on Iwaki’s website (https://www.iwakipumps.co.jp/) on the Internet.
(5) Iwaki personnel, including officers and employees involved in the operation of the Annual General Meeting ofShareholders may be wearing masks. We may also check body temperature and require disinfection with handsanitizer at the venue. We look forward to your cooperation and understanding of the above measures to prevent thespread of COVID-19 infections.
(6) People attending this meeting will separated in order to prevent the spread of COVID-19. As the number of seats will
be much smaller than usual, we may need to refuse entry to people who want to attend the meeting. Thank you foryour understanding of the need for these precautionary measures.
(7) Information will be disclosed on Iwaki’s website (https://www.iwakipumps.co.jp/) when there are major changes in
the operation of the General Meeting of Shareholders in response to the COVID-19 pandemic situation.
(8)2

Reference Documents for the General Meeting of Shareholders

Proposal No. 1: Appropriation of Surplus
Appropriation of retained earnings for the fiscal year ended March 31, 2020 is as follows.
Matters concerning year-end dividend
Iwaki plans to pay the year-end dividend for the 65th fiscal year as follows. The decision takes into consideration theneed to maintain sufficient financial resources for strengthening the management structure and future businessexpansion.

(1)

Type of dividend
Cash

(2)

Dividend payment and total amount
A dividend per common stock of Iwaki:
Total amount of dividends:(3)

17.50 yen
385,446,618 yen

Effective date of distribution of retained earnings
June 29, 20203

Proposal No. 2: Election of One (1) Audit & Supervisory Board Member
The term of office of Audit & Supervisory Board Member Mr. Ichiro Miyake will expire at the conclusion of thisAnnual General Meeting of Shareholders. Accordingly, the election of one (1) Audit & Supervisory Board Member
is proposed.
This proposal has received the consent of the Audit & Supervisory Board.
The candidate for Audit & Supervisory Board Member is as follows:
Name(Date of birth)

Ichiro Miyake(January 26, 1956)

Past experience, positions and significant concurrent positions
April 1980

Joined Hitachi Cable, Ltd.

June 1992

Global Business Division

March 2001

General Manager of Export Department No.2,
Global Business Division

April 2008

Seconded to The Japanese Electric Wire & Cable
Makers’ Association, General Manager of General
Administration Department

January 2012

General Manager of Sales Management Department
and Manager of Export Control Office, Hitachi
Cable, Ltd.

January 2013

Resigned from Hitachi Cable, Ltd.

February 2013

Joined IWAKI CO.,LTD.

April 2013

General Manager of Security Export Control Office

June 2016

Audit & Supervisory Board Member (current)

Number of sharesof Iwaki held7,516

Notes: 1. No material conflict of interest exists between Iwaki and the above candidate for Audit & Supervisory
Board Member.
2. The number of shares of Iwaki held by the candidate represents the number of shares based on theshareholder registry as of March 31, 2020, and includes the number of shares held through the Iwaki
Shareholding Association for Executives.

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