Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

Securities Code: 6964
June 10,2022
To our shareholders:
Kiyoshi Takemura, Representative Director and President
SANKO CO., LTD.
959, Hirookanomura, Shiojiri-shi, Nagano
Notice of the 59th Annual General Meeting of Shareholders
You are cordially invited to attend the 59th Annual General Meeting of Shareholders of SANKO CO., LTD. (the“Company”), which will be held as indicated below.
If you are unable to attend the meeting in person, you may exercise your voting rights in writing. Please review
the attached Reference Documents for General Meeting of Shareholders, and indicate your approval or disapprovalof the proposals in the enclosed voting form and then return the form to the Company by postal mail so that yourvote is received by 5:00 p.m. on Monday, June 27, 2022 (JST).
1. Date and Time:

10:00 a.m. on Tuesday, June 28, 2022 (JST)

2. Venue:

Conference Room, “MIYABIE” on the 3rd floor of Alpico Plaza Hotel
1-3-21,Fukashi,Matsumoto-shi,Nagano

3. Purpose of the Meeting
Matters to be reported:
1. The Business Report, the Consolidated Financial Statements for the 59th fiscal year (from April 1,2021 toMarch 31, 2022), and results of audits of the Consolidated Financial Statements by the Financial Auditor andthe Audit and Supervisory Committee
2. The Non-consolidated Financial Statements for the 59th fiscal year (from April 1,2021to March 31, 2022)
Matters to be resolved
Proposal No. 1:

Appropriation of Surplus

Proposal No. 2:

Amendment to the Articles of IncorporationProposal No. 3:

Election of Three Directors (Excluding Directors Who Are Audit and Supervisory
Committee Members)

Please submit the enclosed voting form to the reception at the venue, when attending the meeting.
- Should amendments arise to the Reference Documents for the General Meeting of Shareholders, the Business
Report, the Non-consolidated Financial Statements and the Consolidated Financial Statements, such
amendments will be posted on the Company’s website (http://www.sko.co.jp).
- If your voting preference is not indicated in any proposal in the voting right exercise form, it shall be considered
as an indication of approval.

Reference Documents for the General Meeting of Shareholders
Proposals and Reference Information
Proposal No. 1:

Appropriation of Surplus

The Company proposes the appropriation of surplus as follows:
Year-end dividends
The Company regards the return of profit to its shareholders as one of the most important managerial issues,and it is the Company’s basic policy to distribute profits to its shareholders stably. In line with theaforementioned policy, the Company proposes to pay the year-end dividends for the 59th fiscal year as follows:(i)Type of dividend propertyTo be paid in cash.

(ii)

Allotment of dividend property and their aggregate amountThe Company proposes to pay a dividend of ¥13 per common share of the Company.
In this event, the total dividends will be ¥117,302,718.

(iii)

Effective date of dividends of surplus
The effective date of the dividends will be June 29, 2022.

Proposal No. 2: Amendment to the Articles of Incorporation
1. Reason for proposal
Since the revised provisions provided for in the proviso to Article 1 of the Supplementary Provisions ofthe Act Partially Amending the Companies Act (Act No. 70 of 2019) are to be enforced on September 1,2022, the Company proposes to make the following changes to its Articles of Incorporation in preparation
for the introduction of the system for providing informational materials for the general meeting ofshareholders in electronic format.
2. Details of amendments
The details of amendments are as follows.
(Underlined portions indicate the proposed amendments.)
Current Articles of Incorporation

Proposed Amendments(Internet Disclosure and Deemed Provision of Reference Documents
for the General Meeting of Shareholders, Etc.)
Article 15. When the Company convenes a general meeting ofshareholders, if it discloses information that is to be statedor presented in the reference documents for the general
meeting of shareholders, business report, non-consolidated
financial statements and consolidated financial statements
through the internet in accordance with the provisions
prescribed by the Ministry of Justice Order, it may bedeemed that the Company has provided this information toshareholders.

<Newly established><Newly established><Deleted>(Measures, etc. for Providing Information in Electronic Format)
Article 15. 1. When the Company convenes a general meeting ofshareholders, it shall take measures for providing
information that constitutes the content of reference
documents for the general meeting of shareholders, etc. inelectronic format.
2. Among items for which the measures for providing information inelectronic format will be taken, the Company may exclude
all or some of those items designated by the Ministry ofJustice Order from statements in the paper-based
documents to be delivered to shareholders who requested thedelivery of paper-based documents by the record date ofvoting rights.
(Supplementary Provisions)
1. The deletion of Article 15 (Internet Disclosure and DeemedProvision of Reference Documents for the General Meetingof Shareholders, Etc.) in the pre-amended Articles ofIncorporation and the establishment of the new Article 15(Measures, etc. for Providing Information in ElectronicFormat) in the amended Articles of Incorporation shall beeffective from September 1, 2022.
2. Notwithstanding the provision of the preceding paragraph, Article
15 of the current Articles of Incorporation (InternetDisclosure and Deemed Provision of Reference Documents
for the General Meeting of Shareholders, Etc.) shall remain
effective regarding any general meeting of shareholders held
on a date within six months from September 1, 2022.
3. These Supplementary Provisions shall be deleted on the date whensix months have elapsed from September 1, 2022 or threemonths have elapsed from the date of the general meeting ofshareholders in the preceding paragraph, whichever is later.

Proposal No. 3:

Election of Three Directors (Excluding Directors Who Are Audit and Supervisory CommitteeMembers)

The terms of office of all three currently serving Directors (excluding Directors who are Audit and Supervisory
Committee Members) will expire at the conclusion of this meeting.
Therefore, the Company proposes the election of three Directors (excluding Directors who are Audit andSupervisory Committee Members).
The Audit and Supervisory Committee has judged that all the three currently serving Directors are well-qualified
for the positions, and has consented to nominate them as the candidates to continue serving as Directors of theCompany.
The candidates for Directors (excluding Directors who are Audit and Supervisory Committee Members) are as
follows:
Candidate

NameNo.

(Date of birth)

Career summary, and position and responsibility in theNumber of theCompany

Company’s shares(Significant concurrent positions outside the Company)owned

May 1995

Joined the Company Assistant General Manager of Tokyo
Sales Office

Sept. 1996

General Manager of Corporate Planning Department

Mar. 1998

General Manager of Corporate Planning Department andGeneral Manager of General Affairs and Personnel
Department

June 1998

Director, General Manager of Corporate Planning
Department, and General Manager of General Affairs andPersonnel Department

Masanori Tamura

Mar. 2000(October4, 1961)
1

Director and General Manager of General Affairs andPersonnel Department

Mar. 2001

Director and General Manager of Administrative Division

June 2001

Senior Managing Director and General Manager of

2,000,920 shares

Administrative DivisionDec. 2001

Representative Director and President

Dec. 2010

Representative Director, President, and General Managerof Development DivisionDec. 2010

DirectorJune 2011

Director and Chairman

June 2015

Representative Director and Chairman (current position)

Reasons for nomination
He is currently responsible for the Company’s management foundation and finances as Representative Director andChairman of the Company, having been involved in management in various fields both domestically and internationally,and he has fulfilled an appropriate role in enhancing corporate value, including making decisions on material mattersaffecting management. He has been nominated again as a candidate for Director because he is expected to contribute
further to the Company in the future.

Candidate

NameNo.

(Date of birth)

Career summary, and position and responsibility in the

Number of theCompany

Company’s shares(Significant concurrent positions outside the Company)

ownedJuly 1983

Joined the Company

Mar. 1997

General Manager of Okaya Factory

Mar. 1999

General Manager of Horigane FactoryJan. 2002

Assistant General Manager of Press Business Department andGeneral Manager of Horigane Factory

Mar. 2002

Assistant General Manager of Press Business Department andGeneral Manager of Press Sales Division

June 2002

Director, Assistant General Manager of Press Business Department,and General Manager of Press Sales Division

Oct. 2002

Director, Assistant General Manager of Press Business Department,
General Manager of Press Sales Division, and General Manager ofTokyo Sales Office

Mar. 2003

Director, General Manager of Kyushu Business Department, andGeneral Manager of Western Japan Sales Department

Jan. 2005

Director, General Manager of Kyushu Business Department, andGeneral Manager of Kyushu Sales Department

2Kiyoshi Takemura

Mar. 2007

Director and General Manager of Kyushu business Department(April 13, 1957)

Oct. 2007

Director and General Manager of Press Business Department

June 2009Managing Director, General Manager of Press Business Department,

5,000 sharesand General Manager of Kyushu Business Department
Mar. 2010

ManagingDirector,General

ManagerofKyushu

Business

Department, and General Manager of Fukuoka Mino FactoryDec. 2010

Managing Director, General Manager of Production Division, andGeneral Manager of Azusagawa FactoryDec. 2010

Director and Assistant General Manager of Production Division (ForKyushu)

Apr. 2011

Representative Director and President

Apr. 2011

Representative Director, President, and General
Manager of Production Division

June 2011

Representative Director, President, and General Manager of Sales
Division

Nov. 2014

Representative Director and President

Oct. 2015

Representative Director, President, and General Manager of Sales
Division (current position)

Reasons for nomination
He is currently responsible for the overall management of sales, production and development divisions as Representative Directorand President of the Company, having been involved in management in various fields both domestically and internationally, and hehas fulfilled an appropriate role in enhancing corporate value, including making decisions on material matters affectingmanagement. He has been nominated again as a candidate for Director because he is expected to contribute further to the Companyin the future.

Candidate

NameNo.

(Date of birth)

Career summary, and position and responsibility in the

Number of theCompany

Company’s shares(Significant concurrent positions outside the Company)

ownedMar. 1989

Joined the Company

Mar. 2006

General Manager of Die Technology Development Department

Mar. 2008

General Manager of Headquarters FactoryJan. 2011

General Manager of Thai Project Office and Representative
Director and President of THAI SANKO CO., LTD.

3

Kazuhiko Suzuki(June 12, 1968)

July 2011

General Manager of Technology Department of the Company

Mar. 2015

General Manager of Plant of THAI SANKO CO., LTD.

June 2018

Executive Officer, Assistant General Manager of Production

2,100 shares

Division and General Manager of Production Technology
Department of the CompanyMar. 2019

Executive Officer, Assistant General Manager of Production
Division and Representative Director and President of THAISANKO CO., LTD. (current position)

June 2021

Director and Assistant to President and Representative Directorand President of THAI SANKO CO., LTD. (current position)

Reasons for nomination
He is currently responsible for overseas operations as a Director of the Company and is involved in management in various fields
both domestically and internationally as Assistant to President. In addition, he has fulfilled an appropriate role in enhancing
corporate value. He has been nominated again as a candidate for Director because he is expected to contribute further to theCompany in the future.

(Notes) 1.There is no special interest between any of the candidates and the Company.
2.The Company has concluded a directors and officers liability insurance policy in accordance with the provision ofArticle 430-3, Paragraph 1 of the Companies Act with an insurance company. The insurance policy covers losses forcompensation for damages and preventative expenses of the insureds, who include the Company’s Directors. If eachcandidate is elected and assumes the office as Director, the Company plans to include each of them as an insured
in the insurance policy. In addition, when the insurance policy is renewed, the Company plans to renew the policy
with the same terms.