[Translation for reference only]
ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT
This is an English translation of the original Japanese-language document and is provided for convenience only. In all cases,
the Japanese-language original shall prevail.

June 30, 2022

To the attention of:
Director-General
Kanto Local Finance Bureau

Hironori Nishikawa

President and Representative Director

Tokyu Fudosan Holdings Corporation
Dogenzaka 1-21-1, Shibuya-ku, Tokyo, Japan

Results of Exercise of Voting Rights
at the 9th Ordinary General Meeting of Shareholders
This is to notify you of that resolutions were made at the 9th Ordinary General Meeting of Shareholders ofTokyu Fudosan Holdings Corporation (the “Company”) held on June 28, 2022. The report is required underprovisions of Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act and Article 19, Paragraph2, Item 9-2 of the Cabinet Office Order on Disclosure of Corporate Affairs.
1. Date of the General Meeting of Shareholders
Tuesday, June 28, 2022
2. Detail of the matters resolved
Proposal No. 1: Appropriation of surplus
The year-end dividend will be 9 yen per common share of the Company.
Proposal No. 2: Partial amendments to the Articles of Incorporation
Required amendments will be made in order to prepare for the introductionof the system for electronic provision of materials for general meetings ofshareholders in accordance with the enforcement of the amended Companies
Act. In addition, the number of Directors will be reduced from not exceed
twenty (20) to not exceed fifteen (15).
Proposal No. 3: Election of thirteen (13) Directors
Mr. Kiyoshi Kanazashi, Mr. Hironori Nishikawa, Mr. Hitoshi Uemura,
Mr. Masashi Okada, Mr. Shohei Kimura, Mr. Yoichi Ota,
Mr. Hiroaki Hoshino, Mr. Hirofumi Nomoto, Mr. Makoto Kaiami,Ms. Saeko Arai, Mr. Satoshi Miura, Mr. Tsuguhiko Hoshino, andMs. Yumiko Jozuka were elected as Directors.
Proposal No. 4: Election of one (1) substitute Audit & Supervisory Board Member
Mr. Ryo Nagao was elected as a substitute Audit & Supervisory Board Member.

-1-3. Number of voting rights exercised in approval, disapproval, or abstention of the proposals
to be resolved; requirements for the adoption thereof; and resolution results thereof
Approved Disapproved
Abstained(voting rights) (voting rights) (voting rights)Approvalrate

Resolution
resultProposal No. 1

6,090,746

15,206099.68%

Approved

Proposal No. 2

6,100,651

5,301

099.84%

Approved

Kiyoshi Kanazashi

5,927,818

177,9939097.02%

Approved

Hironori Nishikawa

5,882,058

223,832

1096.27%

Approved

Hitoshi Uemura

5,916,544

189,347

1096.83%

Approved

Masashi Okada

5,965,307

140,5841097.63%

Approved

Shohei Kimura

5,965,559

140,332

1097.63%

Approved

Yoichi Ota

5,965,583

140,308

1097.63%

Approved

Hiroaki Hoshino

5,966,241

139,650

1097.64%

Approved

Hirofumi Nomoto

5,843,089

262,8011095.63%

Approved

Makoto Kaiami

6,079,112

26,782

10

99.49%

Approved

Saeko Arai

6,082,969

22,9251099.55%

Approved

Satoshi Miura

6,075,718

30,176

1099.44%

Approved

Tsuguhiko Hoshino

6,080,647

25,2471099.52%

Approved

Yumiko Jozuka

6,080,266

25,6281099.51%

Approved

6,099,315

6,660

099.82%

Approved

Proposal No. 3

Proposal No. 4
Ryo Nagao
Notes:The requirements for the adoption of each proposal are as follows:• Proposal No. 1 requires a majority of voting rights of shareholders present at the meeting.
• Proposal No. 2 requires two-thirds of more of voting rights of shareholders present at the meeting
attended by shareholders holding one third or more of voting rights of shareholders who areentitled to exercise their voting rights.
• Proposals No. 3 and No. 4 each require a majority of voting rights of shareholders present at themeeting attended by shareholders holding one third or more of voting rights of shareholders whoare entitled to exercise their voting rights.

4. Reason why a portion of the voting rights of the shareholders present at the meeting
was not included in the number of voting rights
Upon tallying the number of voting rights exercised by the date immediately before the date of themeeting and the number of voting rights of a portion of the shareholders present at the meeting, theCompany was able to confirm the required number of voting rights to legally satisfy therequirement for adopting the resolutions pursuant to the Companies Act. Therefore, some voting
rights of shareholders present at the meeting have not been counted.

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