This English version is not an official translation of the original Japanese document. In cases where any
differences occur between the English translation and the Japanese original, the Japanese original shallprevail. Obara Group Inc. assumes no responsibility for accuracy, correctness or contents of this Englishversion.

(Stock code number: 6877)
December 1, 2023
(Date of commencement of electronic provision measures: November 27, 2023)
To Shareholders with Voting Rights:
Yasushi Obara
President
Obara Group Inc.
3-2-10 Chuo-Rinkan, Yamato-shi,Kanagawa, JapanNOTICE OF
THE 65TH ORDINARY GENERAL MEETING OF SHAREHOLDERS
We would like to express our appreciation for your continued support and patronage.
We are pleased to announce that the 65th Ordinary General Meeting of Shareholders of Obara Group Inc.
(the “Company”) will be held for the purposes as described below.
In convening this General Meeting of Shareholders, the Company has taken measures to provide theinformation contained in the Reference Documents for the General Meeting of Shareholders, etc. (matterssubject to electronic provision measures) electronically and posted them on the Company’s website on theinternet as the “Notice of the 65th Ordinary General Meeting of Shareholders.” Please access the website below
to view the information.
The Company website: http://www.obara-g.com/en/
The matters subject to electronic provision measures are also posted on the Tokyo Stock Exchange (TSE)website. Please access the TSE website (Listed Company Search) below, enter the issue name (Obara Group)
or stock code (6877), and click “Search.” Then select “Basic information” and “Documents for public
inspection/PR information” to view the information.
The Tokyo Stock Exchange website: https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show
If you are unable to attend the meeting, you may exercise your voting rights via the internet or inwriting. We kindly ask that you review the Reference Documents for the General Meeting of Shareholders
included in the matters subject to electronic provision measures, and exercise your voting rights no later
than 5:00 p.m. on Monday, December 18, 2023, Japan time.
1. Date and Time:

Tuesday, December 19, 2023 at 10:00 a.m. Japan time

2. Place:

Reception hall “La Rose” on the 3rd floor of Rembrandt Hotel Ebina at
2-9-50 Chuo, Ebina-shi, Kanagawa, Japan(Please refer to the map of the venue in Japanese attached at the end of thedocument.)-1-3. Meeting Agenda:
Matters to be reported:

1. The Business Report, Consolidated Financial Statements for theCompany’s 65th Fiscal Year (October 1, 2022 – September 30, 2023) andresults of audits of the Consolidated Financial Statements by theAccounting Auditor and the Audit & Supervisory Board
2. Non-consolidated Financial Statements for the Company’s 65th Fiscal Year(October 1, 2022 – September 30, 2023)
Matters to be resolved:
Proposal 1:
Proposal 2:
Proposal 3:

Appropriation of Surplus
Election of Five (5) Directors
Election of Three (3) Auditors

4. Matters Decided upon Convocation:(1) Among the matters subject to electronic provision measures, items to be presented as “Notes toConsolidated Financial Statements” and “Notes to Non-consolidated Financial Statements” are notincluded in the paper copies to be sent to shareholders who have requested them, in accordance withlaws and regulations and Article 18, Paragraph 2 of the Articles of Incorporation of the Company.
Accordingly, the paper copies to be sent to shareholders who have requested them are part of thedocuments audited by Auditors and the Accounting Auditor in preparing their respective audit reports.
(2) If you exercise your voting rights both via the internet and in writing, the vote exercised via the internet
will be deemed valid. If you exercise your voting rights multiple times via the internet, your last vote
exercised will be deemed valid.
(3) If no indication of approval or disapproval is made on the voting form, it will be treated as an indicationof approval.

When attending the meeting in person, please submit the enclosed Voting Rights Exercise Form at the reception
desk.
In the event of any modifications to the matters subject to electronic provision measures, the modified information
will be posted on each of the websites listed.
Shareholders will have their temperature checked at the reception desk, and any person who is confirmed to havea fever or deemed to be unwell may be refused admission and asked to leave.

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Reference Documents for the General Meeting of Shareholders
Proposals and References
Proposal 1:
Appropriation of Surplus
It is proposed that the year-end dividend for the fiscal year under review be as follows taking into
consideration factors such as the results of operation for the fiscal year under review and future businessdevelopment.
(1) Type of dividend property: Cash
(2) Matter related to allotment of dividend property and its total amount:
90 yen per share of common stock of the Company
Total amount:
1,558,087,380 yen(3) Effective date for distribution of surplus:
December 20, 2023
Proposal 2:
Election of Five (5) Directors
The terms of office of all five (5) Directors will expire at the conclusion of this General Meeting ofShareholders. Accordingly, the Company proposes to elect five (5) Directors.
The candidates for Director are as follows:No.

Name(Date of birth)

Career summary, significant concurrent positions, andpositions and assignment at the Company
January 1994
August 2000
August 2000
August 2001
August 2001

1

Yasushi Obara(May 1, 1968)

October 2004
December 2004
July 2011
October 2011
October 2017
October 2023
December 1984
May 1997
June 2000

2

Norifumi Kobayashi(September 11, 1962)

June 2000
August 2000
August 2011
December 2011
October 2012

Joined the Company
Director, SPEEDFAM CO., LTD.
Director, SPEEDFAM INC. (to present)
Senior Managing Director, SPEEDFAM CO., LTD.
Director, SAKUSEIKI CO., LTD. (currently, SPEEDFAM
NAGANO CO., LTD.) (to present)
Executive Vice President (Representative Director),
SPEEDFAM CO., LTD.
Director, the Company
Representative Director, the Company
President (Representative Director), the Company (to present)
President (Representative Director), SPEEDFAM CO., LTD.
(to present)
Executive Vice President (Representative Director), OBARA
CORP. (to present)
Joined SPEEDFAM CO., LTD.
Manager, Administration Division, SPEEDFAM CO., LTD.
Director, SPEEDFAM CLEAN SYSTEM CO., LTD. (topresent)
Director, SAKUSEIKI CO., LTD. (currently, SPEEDFAM
NAGANO CO., LTD.)Director, SPEEDFAM CO., LTD. (to present)
Director, the Company (to present)
Director, OBARA KOREA CORP. (to present)
President (Representative Director), SPEEDFAM NAGANO
CO., LTD.

-3-

Number ofshares of theCompany held(shares)

2,571,110(3,492)

3,187(932)

No.

3

Name
(Date of birth)

Career summary, significant concurrent positions, andpositions and assignment at the Company

September 1985
October 1999
October 2005
Mitsuhisa Yamashita October 2008
(June 7, 1953)
November 2012

4

Tomoo Onishi(January 25, 1972)

5

Koji Makino(October 7, 1966)

October 2013
December 2013
April 1999
February 2004
September 2006
December 2006
December 2015
August 1992
October 2001
July 2003
January 2006
February 2009
September 2012
June 2013
December 2015
September 2016
December 2017

1.
2.

3.

4.

5.

6.

7.

8.
9.

Joined the Company
General Manager, Second Sales Department, the Company
Officer / Yamanashi Plant Manager, the Company
General Manager, Administration Division, the Company
Executive Vice President (Representative Director), OBARA
CORP.
President (Representative Director), OBARA CORP.
Director, the Company (to present)
Registered as a certified public accountant
Registered as a certified public tax accountantRepresentative, MIKASA TAX CORPORATION (to present)
Auditor, the Company
Director, the Company (to present)
Registered as a certified public accountant
Registered as a certified public tax accountant
Director, DAN CONSULTING CO., LTD.
Established MAKINO KOJI CERTIFIED PUBLICACCOUNTANT OFFICE
Representative Director, BE1 & CO. (to present)
Outside Corporate Auditor, DIGITAL GARAGE, INC.
Outside Audit and Supervisory Board Member, INAGEYA
CO., LTD. (to present)
Auditor, the Company
Outside Director, Audit and Supervisory Committee Member,
DIGITAL GARAGE, INC. (to present)
Director, the Company (to present)

Number ofshares of theCompany held(shares)

8,000(319)

1,900(326)100(-)

There is no special interest between each candidate and the Company.
Messrs. Tomoo Onishi and Koji Makino are candidates for Outside Director.
The Company has submitted a notification designating Messrs. Tomoo Onishi and Koji Makino as independent
officers to the Tokyo Stock Exchange in accordance with the regulations of the Tokyo Stock Exchange. If the electionof both candidates is approved, the Company will continue to designate them as independent officers of the Company.
As Mr. Tomoo Onishi has extensive experience and knowledge as a certified public accountant, the Company believes
that he will actively provide recommendations on the Company’s management from an independent standpoint as
Outside Director and that he will contribute to the improvement of transparency of the Company’s management andthe reinforcement of the Company’s supervisory function. Therefore, the Company proposes to elect him as OutsideDirector.
The Company expects that Mr. Tomoo Onishi provide valuable recommendations from an independent standpoint as
Outside Director by drawing on his extensive experience and knowledge as a certified public accountant to contributeto the improvement of effectiveness of the Company’s Board of Directors.
As Mr. Koji Makino has extensive experience and knowledge as a certified public accountant, the Company believes
that he will actively provide recommendations on the Company’s management from an independent standpoint as
Outside Director and that he will contribute to the improvement of transparency of the Company’s management andthe reinforcement of the Company’s supervisory function. Therefore, the Company proposes to elect him as OutsideDirector.
The Company expects that Mr. Koji Makino provide valuable recommendations from an independent standpoint as
Outside Director by drawing on his extensive experience and knowledge as a certified public accountant to contributeto the improvement of effectiveness of the Company’s Board of Directors.
The Company has entered into agreements to limit liability for damages as prescribed in Article 423, Paragraph 1 ofthe Companies Act with Messrs. Tomoo Onishi and Koji Makino in accordance with the provisions of Article 427,
Paragraph 1 of the same Act. If both candidates are elected as originally proposed, such liability limitation agreements
will continue to be effective. The maximum amount of liability under such agreements will be the higher of 10 million
yen or the minimum amount of liability prescribed in Article 425, Paragraph 1 of the Companies Act.
Mr. Tomoo Onishi currently serves as Outside Director of the Company. He will have served as Outside Director foreight (8) years at the conclusion of this General Meeting of Shareholders.
Mr. Koji Makino currently serves as Outside Director of the Company. He will have served as Outside Director for-4-six (6) years at the conclusion of this General Meeting of Shareholders.
10. The Company has entered into a directors and officers liability insurance contract with an insurance company. Thecontract covers damages to be borne by the insured that may arise from assuming liability for their execution of duties
or receiving a claim for the pursuit of such liability. Each candidate will be insured under the insurance contract. The
Company plans to renew the insurance contract upon expiration of the contract period.
11. The numbers in the parenthesis in the column “Number of shares of the Company held” above represent the numberof shares held through the directors’ shareholding association as of October 5, 2023, which are not included in thenumber of shares specified before the parentheses.
12. The “Number of shares of the Company held” of Mr. Yasushi Obara includes 1,084,500 shares which are managed byhimself.

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Proposal 3:
Election of Three (3) Auditors
The terms of office of all three (3) Auditors will expire at the conclusion of this General Meeting ofShareholders. Accordingly, the Company proposes to elect three (3) Auditors.
The Audit & Supervisory Board has given its prior consent to this proposal.
The candidates for Auditor are as follows:No.

Name(Date of birth)

1Kiyoshi Takai(April 19, 1960)

2Masashi Suyama(January 17, 1952)

Career summary, significant concurrent positions, andpositions at the Company
March 1992
October 2004
October 2013
December 2019
December 2019
April 1975
May 2008
December 2014
April 1999
February 2002

3Masako Takahashi(January 13, 1969)

November 2011
December 2017
June 2023
September 2023

1.
2.

3.

4.

5.

6.

7.

Joined the Company
General Manager, Accounting Division, the Company
General Manager, Administration Division, the Company
Auditor, SPEEDFAM CO., LTD. (to present)
Auditor, the Company (to present)
Joined KAO SOAP CO., LTD. (currently, KAO CORP.)
Audit & Supervisory Board Member, KAO CUSTOMERMARKETING CO., LTD.
Auditor, the Company (to present)
Registered as a certified public accountant
Established MASAKO TAKAHASHI CERTIFIED PUBLICACCOUNTANT OFFICE (to present)
Registered as a certified public tax accountant
Auditor, the Company (to present)
Outside Director (Audit and Supervisory Committee Member),
GSI CREOS CORP. (to present)
Auditor, ENECHAIN CORP. (to present)

Number ofshares of theCompany held(shares)
700(113)100(818)

There is no special interest between each candidate and the Company.
Mr. Masashi Suyama and Ms. Masako Takahashi are candidates for Outside Auditor.
The Company has submitted a notification designating Mr. Masashi Suyama and Ms. Masako Takahashi as
independent officers to the Tokyo Stock Exchange in accordance with the regulations of the Tokyo Stock Exchange.
If the election of both candidates is approved, the Company will continue to designate them as independent officersof the Company.
As Mr. Masashi Suyama has an extensive experience and knowledge of manufacturing industry, the Company believes
that he will perform a fair audit as Outside Auditor. Therefore, the Company proposes to elect him as Outside Auditor.
Mr. Masashi Suyama will have served as Outside Auditor for nine (9) years at the conclusion of this General Meetingof Shareholders.
As Ms. Masako Takahashi has an extensive experience and knowledge as a certified public accountant, the Company
believes that she will perform a fair audit as Outside Auditor. Therefore, the Company proposes to elect her as OutsideAuditor. Ms. Masako Takahashi will have served as Outside Auditor for six (6) years at the conclusion of this General
Meeting of Shareholders.
The Company has entered into agreements to limit liability for damages as prescribed in Article 423, Paragraph 1 of
the Companies Act with Messrs. Kiyoshi Takai and Masashi Suyama and Ms. Masako Takahashi in accordance withthe provisions of Article 427, Paragraph 1 of the same Act. If the three (3) candidates are elected as originally proposed,such liability limitation agreements will continue to be effective. The maximum amount of liability under suchagreements will be the higher of 10 million yen or the minimum amount of liability prescribed in Article 425,
Paragraph 1 of the Companies Act.
The Company has entered into a directors and officers liability insurance contract with an insurance company. The
contract covers damages to be borne by the insured that may arise from assuming liability for their execution of duties
or receiving a claim for the pursuit of such liability. Each candidate will be insured under the insurance contract. TheCompany plans to renew the insurance contract upon expiration of the contract period.
The numbers in the parenthesis in the column “Number of shares of the Company held” above represent the numberof shares held through the directors’ shareholding association as of October 5, 2023, which are not included in thenumber of shares specified before the parentheses.

-6-(-)

AuditorcandidateDirector candidate(Reference) Expertise and experience (skills matrix) of director and auditor candidates
NameCorporate
management

Finance/
Accounting/ComplianceEngineering/
Manufacturing

Sales/
MarketingInternational/
Domestic businessYasushi Obaraxxxx

x

Norifumi Kobayashi

xxx

Mitsuhisa Yamashita

xxx

Tomoo Onishixx

Koji Makinoxx

Kiyoshi Takaixxxxxxxx

Masashi SuyamaMasako Takahashi

xxxxxx-7-