[Translation for Reference and Convenience Purposed Only]
Code No. 1662
June 27, 2019
To All Shareholders:Hideichi Okada, President
Japan Petroleum Exploration Co., Ltd. (JAPEX)
1-7-12 Marunouchi, Chiyoda-ku, Tokyo

Notification of Resolutions
at the 49th Ordinary General Meeting of the Shareholders
We are pleased to inform you that the following matters were reported and resolved at the 49th Ordinary
General Meeting of the Shareholders held on June 27, 2019.
Announcements: 1)

2)

Business report and consolidated financial report of the 49th Term (from April 1,2018 to March 31, 2019), and audit reports from the accounting auditor and Boardof Corporate Auditors on the consolidated financial report
JAPEX reported the foregoing items to the shareholders present at the meeting.
Financial report of the 49th Term (from April 1, 2018 to March 31, 2019)
JAPEX reported the foregoing item to the shareholders present at the meeting.

Resolution items:
Item 1: Appropriation of Surplus
This item was approved and adopted as proposed. It was decided to pay the year-end dividends of
30 yen per share for the 49th Term.
Item 2: Election of Fourteen (14) Directors
This item was approved and adopted as proposed. Accordingly, twelve (12) Directors, Osamu
Watanabe, Hideichi Okada, Yosuke Higai, Takahisa Inoue, Kazuhiko Ozeki, Hajime Ito, HirotakaTanaka, Toshiyuki Hirata, Michiro Yamashita, Yoshitaka Ishii, Akira Kojima, and Tetsuo Ito, werereelected and two (2) Directors, Masahiro Fujita and Yukari Yamashita, were newly elected, and all ofthem assumed their offices.
Akira Kojima, Tetsuo Ito, and Yukari Yamashita are Outside Directors.
Item 3: Election of One (1) Corporate Auditor
This item was approved and adopted as proposed. Accordingly, one (1) Corporate Auditor,
Hiroyasu Watanabe, was reelected and assumed his office.
Hiroyasu Watanabe is an Outside Corporate Auditor.
Item 4: Payment of Bonuses to Directors
This item was approved and adopted as proposed. A total bonus amount of 19,515,000 yen will be
paid to thirteen (13) Directors that are not Outside Directors (of the total of sixteen (16) Directors)
tenured during the fiscal year ended March 31, 2019.
---------------------------------------------------------------------------------------------------------------------------------------The Directors, Corporate Auditors and Executive Officers comprising the new management team of theCompany are as follows:Directors and Corporate Auditors
Representative Director and Chairman
Representative Director and President
Representative Director
Representative Director
DirectorDirectorDirector
Director
Director
Director
Director
Outside Director
Outside Director
Outside Director
Full-time Corporate Auditor

Chief Executive Officer
Executive Vice President
Executive Vice President
Senior Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer

1Osamu Watanabe
Hideichi Okada
Masahiro Fujita
Yosuke Higai
Takahisa Inoue
Kazuhiko Ozeki
Hajime Ito
Hirotaka Tanaka
Toshiyuki HirataMichiro Yamashita
Yoshitaka Ishii
Akira Kojima
Tetsuo Ito
Yukari Yamashita
Kenji Uchida[Translation for Reference and Convenience Purposed Only]
Full-time Corporate Auditor
Outside Corporate Auditor
Outside Corporate Auditor
Executive Officers
Senior Managing Executive Officer
Managing Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Koichi Shimomura
Hiroyasu Watanabe
Norio Nakajima

Tsuyoshi Suga
Yasushi Hamada
Ryuhei Murayama
Senichiro Kaku
Minoru Kuniyasu
Junichiro Ando
Tadashi Matsunaga
Ryohei Wakishima
Tsuneta Nakamura
Masanori Amano
Takamasa Miyadai
Yoshihiko Motoyama
Shinichi Takahata
Toshiaki Nakajima###2