[Translation for Reference Purposes Only]
This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the Japanese original shall prevail.
The Company assumes no responsibility for this translation or for direct, indirect or any other forms ofdamage arising from the translation.
Securities Code 1605
March 28, 2023
To All Shareholders
Takayuki Ueda
Representative Director, President & CEO
INPEX CORPORATION
5-3-1 Akasaka, Minato-ku, TokyoNOTICE OF RESOLUTIONS OF
THE 17 ORDINARY GENERAL MEETING OF SHAREHOLDERS
thDear Shareholders,thWe are pleased to announce that the matters outlined below were reported and resolved at the 17 Ordinary
General Meeting of Shareholders of INPEX CORPORATION (hereinafter the “Company”) held on March 28, 2023.
Matters reported:

1.

2.

Proposals resolved:
Proposal No. 1

Proposal No. 2:

Business Report, Consolidated Financial Statements for the 17th fiscal year
(from January 1, 2022 to December 31, 2022) and results of audits by theAccounting Auditor and the Audit & Supervisory Board of the ConsolidatedFinancial Statements
The matters listed above were reported.
thNon-Consolidated Financial Statements for the 17 fiscal year (from January
1, 2022 to December 31, 2022)
The matter listed above was reported.

Appropriation of Surplus
The proposal was approved and adopted as proposed. The year-end dividend percommon share and the year-end dividend per Class A share were decided to be ¥32and ¥12,800, respectively.
As a result, the annual dividend amounted to ¥62 per common share and ¥24,800
per Class A share, including the interim dividend.
Note: Although the Company conducted a stock split at a ratio of 1:400 of its
common share on October 1, 2013, a stock split was not implemented for theClass A share of the Company. Accordingly, the amount of the dividend of
the Class A share was determined by multiplying the dividend of the commonshares of the Company by 400, resulting in an amount equivalent to thedividend of the common shares prior to the stock split, as specified in theCompany’s Articles of Incorporation.
Reduction of Amount of Legal Capital Surplus
The proposal was approved and adopted as proposed. To ensure agility of the future
capital policy, the amount of ¥951,000,000,000 from ¥1,023,802,446,468 of legal
capital surplus shall be reduced in accordance pursuant to Article 448, Paragraph 1 of
the Companies Act, and that reduced amount shall be transferred to other capitalsurplus, and the legal capital surplus after reduction shall be ¥72,802,446,468.
Effective date of reduction in amount of legal capital surplus will be May 31, 2023.

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[Translation for Reference Purposes Only]
Proposal No. 3:

Election of Twelve (12) Directors
The proposal was approved and adopted as proposed. Eleven (11) Directors,
namely, Toshiaki Kitamura, Takayuki Ueda, Kenji Kawano, Kimihisa Kittaka,Nobuharu Sase, Daisuke Yamada, Jun Yanai, Norinao Iio, Atsuko Nishimura,
Tomoo Nishikawa and Hideka Morimoto were reelected. And One (1) Director,
namely Toshiaki Takimoto was newly elected.
Five (5) Directors, namely, Jun Yanai, Norinao Iio, Atsuko Nishimura,
Tomoo Nishikawa and Hideka Morimoto, are Outside Directors as stipulated in Article
2, Item 15 of the Companies Act.
As this proposal was deemed to have not met the requirements for resolution at theGeneral Meeting of Class A Shareholder under the provision of Article 15, Paragraph
1 of the Articles of Incorporation of the Company, the proposal was not subject toresolution at the General Meeting of Class A Shareholder. Pursuant to Article 32,Paragraph 4 of the Articles of Incorporation, Class A Shareholder may raise anobjection to the effect that the General Meeting of Class A Shareholder be convened
within two weeks of the date of resolution of this Ordinary General Meeting ofShareholders. However, the Company had been notified by Class A Shareholder inadvance that no objection would be raised with respect to this proposal, on thecondition that the Company’s proposals stated in the Notice of the 17th Ordinary
General Meeting of Shareholders are approved as proposed and that no proposals otherthan said proposals are approved. Given that this condition had been met as notified
herein, the elected persons thereby assumed their respective offices at the conclusionof this Ordinary General Meeting of Shareholders.

Proposal No. 4: Election of Five (5) Audit & Supervisory Board Members
The proposal was approved and adopted as proposed. Two (2) Audit &Supervisory Board Members, Mitsuru Akiyoshi and Hiroko Kiba were reelected andassumed their office. Three (3) Audit & Supervisory Board Members, namely,
Akio Kawamura, Toshiya Tone and Kenichi Aso were newly elected and assumed
their office.
Four (4) Audit & Supervisory Board Members, namely, Toshiya Tone,
Kenichi Aso, Mitsuru Akiyoshi and Hiroko Kiba, are Outside Audit & Supervisory
Board Members as stipulated in Article 2, Item 16 of the Companies Act.

At a Board of Directors meeting held after the conclusion of the Ordinary General Meeting of Shareholders, thefollowing Representative Directors and Titled Directors were elected and assumed their respective office.
Consequently, the Representative Directors as of March 28, 2023 are as follows.
Representative Director, Chairman
Representative Director, President & CEOToshiaki Kitamura
Takayuki Ueda～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～～
Payment of Year-end Dividend(1)

If you specified direct deposit: Please confirm the “Dividend Calculation Sheet” and “Reference to the
Beneficiary Account for Dividend Transfer.” If you specified the method of allocation in proportion to thenumber of shares held, please confirm the enclosed “Dividend Calculation Sheet” and “How to ReceiveDividend.”(2) If you did NOT specify direct deposit: Please receive your dividend at your nearby branch of Japan Post BankCo., Ltd. or post office within the payment period (from March 29, 2023 to April 28, 2023) in accordance withthe “Receipt of the Dividend.” Within the payment period specified above, you may have the dividend paid
into your savings account or transfer account at Japan Post Bank or your deposit account at a bank, etc. basedon the “Receipt of the Dividend” (you must perform the procedures in person at the teller window of the financial
institution with which you have an account).
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