[Translation for Reference and Convenience Purposes Only]
Please note that the following is an unofficial English translation of the Japanese original text of theNotice of Resolutions at the 92nd Ordinary General Meeting of Shareholders of Subaru Corporation. The
Company provides this translation for reference and convenience purposes only and without any
warranty as to its accuracy or otherwise. In the event of any discrepancy between this translation and theJapanese original, the latter shall prevail.

(Securities Code: 7270)
June 21, 2023

1-20-8, Ebisu, Shibuya-ku, Tokyo, Japan

Notice of Resolutions ofthe 92nd Ordinary General Meeting of Shareholders
Dear Shareholders,
We hereby inform you of the presentations and resolutions approved by the 92nd Ordinary General Meeting ofShareholders held today as follows.
Sincerely,
Atsushi Osaki,President and CEO

Matters Reported:

Matters Resolved:
Proposal No. 1:

1. Presentation of the Business Report and the Consolidated Financial Statements for the92nd Fiscal Period (April 1, 2022, through March 31, 2023), as well as the Independent
Auditors’ Reports of the Accounting Auditors and the Board of Corporate Auditors on
the Consolidated Financial Statements
2. Presentation of the Non-Consolidated Financial Statements for the 92nd Fiscal Year
(April 1, 2022, through March 31, 2023)

Approval of the Proposed Appropriation of Retained Earnings
The proposal was approved and adopted as proposed. It was decided to pay the year-end
dividend of ¥38 per share. As a result, the annual dividend for the year under review is ¥76
per share including the paid interim dividend.

Proposal No. 2:

Election of Eight (8) Directors of the Board
The proposal was approved and adopted as proposed. Atsushi Osaki, Fumiaki Hayata,Tomomi Nakamura, Katsuyuki Mizuma, Tetsuo Fujinuki, Yasuyuki Abe, Miwako Doi andFuminao Hachiuma were elected as Directors of the Board, and each assumed office.
Yasuyuki Abe, Miwako Doi and Fuminao Hachiuma are Outside Directors.

Proposal No. 3:

Election of One (1) Corporate Auditor
The proposal was approved and adopted as proposed. Yasumasa Masuda was elected as
Corporate Auditor, and assumed office. He is Outside Corporate Auditor.
- 1 -[Translation for Reference and Convenience Purposes Only]
Proposal No. 4:

Election of One (1) Substitute Corporate Auditor
The proposal was approved and adopted as proposed. Hirohisa Ryu was elected as aSubstitute Outside Corporate Auditor. The validity of the resolution on the election ofHirohisa Ryu shall expire at the opening of the first Ordinary General Meeting ofShareholders to be held after said resolution is made, and can be nullified by resolution ofthe Board of Directors, with the consent of the Board of Corporate Auditors, only before
he assumes office.

- END -------------------------------------------------------------------------------------------------------------------------------------------Representative Directors were elected at a meeting of the Board of Directors held after the closing of the Ordinary
General Meeting of Shareholders as follows, and each assumed office.
Representative Director, President and CEO
Representative Director of the Board Deputy President

Atsushi Osaki
Fumiaki Hayata- END -- 2 -