CONVOCATION NOTICE FOR THE 127TH ORDINARY GENERAL MEETING‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ OF SHAREHOLDERS

This is a translation of a notice in Japanese circulated to shareholders in Japan.‌

OSAKA, JAPAN

(Translation)

March 3, 2017

To: Shareholders

CONVOCATION NOTICE FOR THE 127TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Sirs and Madams:

Kubota Corporation hereby notifies you that the 127th Ordinary General Meeting of Shareholders will be held as follows. Your attendance is respectfully requested.

Date and Time: 10:00 a.m. on Friday, March 24, 2017 Place: Convention Hall of Kubota Corporation

2-47, Shikitsuhigashi 1-chome, Naniwa-ku Osaka, Japan

Matters for which the meeting is held: Matters to be Reported:

  1. Business report for the 127th period (from January 1, 2016 to December 31, 2016), the consolidated financial statements and the non-consolidated financial statements for the 127th period

  2. The results of the audits of the consolidated financial statements by the Independent Auditors and by the Audit & Supervisory Board

Matters Requiring Resolutions: 1st Subject for Discussion:

Matters Concerning Election of Nine (9) Directors

2nd Subject for Discussion:

Matters Concerning Election of One (1) Substitute Audit & Supervisory Board Member

3rd Subject for Discussion:

Matters Concerning Bonus Payments for Directors

4th Subject for Discussion:

Matters Concerning Compensation for Granting Restricted Stock to the Directors Other Than the Outside Directors

If you are unable to attend the meeting, Kubota Corporation cordially requests that you study the referential materials annexed hereto, indicate your approval or disapproval on each of the proposals on the voting instruction card with your signature thereon and return it to us.

When you attend the meeting, please present the enclosed voting instruction card to the receptionist at the meeting. Early arrival will be recommended because the reception desk will be crowded at the opening time of the meeting.

Any revision of the referential materials for the meeting, business report, or the consolidated financial statements and the non-consolidated financial statements will be posted on our following internet website.

(http://www.kubota-global.net/company/ir/sh_info/meeting/convocation/)

Yours very truly,

Masatoshi Kimata

President and Representative Director

2-47, Shikitsuhigashi 1-chome, Naniwa-ku Osaka, 556-8601 JAPAN

- 1 -

REFERENTIAL MATERIALS FOR THE ORDINARY GENERAL MEETING OF SHAREHOLDERS‌ 1. Subjects for Discussion and Referential Materials 1st Subject for Discussion: Matters Concerning Election of Nine (9) Directors

The term of office of all eight Directors of Kubota Corporation will expire at the conclusion of this Ordinary General Meeting of Shareholders. Accordingly, it's proposed to elect nine Directors of Kubota Corporation. The objectives of their election will be to maintain the number of Directors at an appropriate level for carrying on effective discussions, strengthening the management base of Kubota Corporation with an eye to the expansion of the overseas business activities, and, thereby, realizing sustainable growth and increasing the trust that society places in Kubota Corporation.

Among the candidates for Directors, Messrs. Yuzuru Matsuda and Koichi Ina are candidates for Outside Directors.

The candidates for Directors are as described below.

Name

Current Positions at Kubota Corporation and Material Concurrent Positions

1 [Reappointment]

Masatoshi Kimata

President and Representative Director of Kubota Corporation

2 [Reappointment]

Toshihiro Kubo

Representative Director and Executive Vice President of Kubota Corporation, General Manager of Water and Environmental infrastructure Domain, General Manager of CSR Planning and Coordination Headquarters,

General Manager of Human Resources and General Affairs Headquarters, General Manager of Head Office

3 [Reappointment]

Shigeru Kimura

Director and Senior Managing Executive Officer of Kubota Corporation, General Manager of Planning and Control Headquarters,

General Manager of Global IT Management Department

4 [Reappointment]

Kenshiro Ogawa

Director and Senior Managing Executive Officer of Kubota Corporation, General Manager of Manufacturing Engineering Headquarters

5 [Reappointment]

Yuichi Kitao

Director and Senior Managing Executive Officer of Kubota Corporation, General Manager of Farm and Industrial Machinery Domain,

General Manager of Farm and Utility Machinery Division

6 [Reappointment]

Satoshi Iida

Director and Senior Managing Executive Officer of Kubota Corporation, General Manager of Research and Development Headquarters

7 [New Nomination]

Masato Yoshikawa

Managing Executive Officer of Kubota Corporation, President of Kubota Tractor Corporation

8 [Reappointment]

Yuzuru Matsuda

Director of Kubota Corporation,

President of Kato Memorial Bioscience Foundation, Director of BANDAI NAMCO Holdings Inc.,

Director of JSRCorporation

9 [Reappointment]

Koichi Ina

Director of Kubota Corporation,

Advisor to the Board of Daihatsu Motor Co., Ltd.

[Reason for Election of each candidate for Director and Attendance of the Meeting of the Board of Directors]

Name

Attendance of

the Meetings of the Board of Directors

Reasons for Election of the Candidate for Director

1. Masatoshi Kimata

100% (12 of 12)

Masatoshi Kimata served office as Director in June 2012, and, since July 2014, as President and Representative Director, he has shown excellent management skills and contributed to strengthening the functions of the Board of Directors. He was selected as candidate for Director based on the judgment that he has the ability to continue to properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

2. Toshihiro Kubo

100% (12 of 12)

Toshihiro Kubo served office as Director in June 2011 and has drawn on his extensive experience and high level of specialized knowledge to serve as the Director in charge of the Water and Environment business, human resources, general affairs, CSR, and other areas, and has contributed to strengthening the functions of the Board of Directors. He was selected as candidate for Director based on the judgment that he has the ability to continue to properly oversee the

management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

3. Shigeru Kimura

100% (12 of 12)

Shigeru Kimura served office as Director in June 2012 and has drawn on his extensive experience and high level of specialized knowledge to serve as Director in charge of planning and control, finance, and other areas, and has contributed to strengthening the functions of the Board of Directors. He was selected as candidate for Director based on the judgment that he has the ability to continue to properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

4. Kenshiro Ogawa

100% (12 of 12)

Kenshiro Ogawa served office as Director in June 2014 and has drawn on his extensive experience and high level of specialized knowledge to serve as the Director in charge of manufacturing engineering, environmental management, and other areas and has contributed to strengthening the functions of the Board of Directors. He was selected as a candidate for Director based on the judgment that he has the ability to continue to properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

5. Yuichi Kitao

100% (12 of 12)

Yuichi Kitao served office as Director in June 2014 and has drawn on his extensive experience and high level of specialized knowledge to serve as the Director in charge of the global development of the Farm and Industrial Machinery business, and has contributed to strengthening the functions of the Board of Directors. He was selected as candidate for Director based on the judgment that he has the ability to continue to properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

6. Satoshi Iida

100% (10 of 10)

Satoshi Iida served office as Director in March 2016 and has drawn on his extensive experience and high level of specialized knowledge as Director in charge of research and development, and has contributed to strengthening the functions of the Board of Directors. He was selected as candidate for Director based on the judgment that he has the ability to continue to properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value.

7. Masato Yoshikawa

Masato Yoshikawa has extensive experience and a record of accomplishments across a broad range of businesses including planning and control, and overseas business. He was selected as candidate for Director based on the judgment that he can properly oversee the management of Kubota Corporation as a whole and contribute to its sustainable growth and improvement of corporate value with his experience and accomplishments.

8. Yuzuru Matsuda

100% (12 of 12)

Yuzuru Matsuda has extensive experience in management and a wide perspective as well as broad experience as outside director of other companies. Since his selection as Outside Director of Kubota Corporation in June 2014, he has made major contributions by overseeing decision making on major management matters and

the conduct of business operations. He was selected as candidate for Outside Director based on the judgment that he can continue to provide recommendations on overall management and contribute to strengthening Kubota Corporation's governance system.

9. Koichi Ina

83.3% (10 of 12)

Koichi Ina has extensive experience in management and a wide perspective as well as deep knowledge in the field of manufacturing. Since his selection as Outside Director in June 2015, he has made major contributions by overseeing decision making on major management matters and the conduct of business operations. He was selected as candidate for Outside Director based on the judgment that he can continue to provide recommendations on overall management and contribute to strengthening Kubota Corporation's governance system.

Kubota Corporation published this content on 02 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 March 2017 00:23:06 UTC.

Original documenthttp://www.kubota-global.net/company/ir/news/pdf/cn127e.pdf

Public permalinkhttp://www.publicnow.com/view/0EEDD450588889FA1D545BFA990DD8E03D11B961