Shizuoka Bank : Filing of Extraordinary Report

[NOTICE: This document is a translation of the Japanese language original for convenience purposes only, and in the event of any discrepancy, the Japanese language original shall prevail.]

To whom it may concern: June 20, 2017

The Shizuoka Bank, Ltd.

Filing of Extraordinary Report

The Shizuoka Bank, Ltd. hereby announces that it filed today an extraordinary report concerning the results of the exercise of voting rights at the 111th Annual General Meeting of Shareholders of the Shizuoka Bank, Ltd.

1. Reason for Filing

   As the following proposals were resolved at the 111th Annual General Meeting of Shareholders of the Shizuoka Bank, Ltd. (the "Bank") held on June 16, 2017, the Bank hereby files this Extraordinary Report pursuant to the provisions of Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act and the provisions of Article 19, Paragraph 2, Item 9-2 of the Cabinet Office Ordinance on the Disclosure of Corporate Affairs, etc.

2. Description of Report

3. Date on which the General Meeting of Shareholders was held:

   June 16, 2017

4. Details of Proposals Resolved:

   Proposal No. 1: Appropriation of Surplus

   Matters concerning year-end dividends of surplus

   10.00 yen per share of common stock of the Bank, for a total of 6,037,688,250 yen.

   Proposal No. 2: Election of Ten (10) Directors

   Election of Katsunori Nakanishi, Hisashi Shibata, Hirotoshi Sugimoto, Minoru Yagi, Yoshihiro Nagasawa, Hidehito Iio, Mitsuru Kobayashi, Masahiro Goto, Kumi Fujisawa and Kazuyasu Kato as Directors.

5. The number of voting rights either approving, disapproving or abstaining on proposals resolved; requirements for the approval of the resolutions and their results

   Proposals	Approving (Number of voting rights)	Disapproving (Number of voting rights)	Abstaining (Number of abstaining)	Approval ratio	Voting results
   Proposal No. 1	437,597	287	49	91.3%	Approved
   Proposal No. 2
   Katsunori Nakanishi	418,082	19,342	1,204	87.1%	Approved
   Hisashi Shibata	422,877	14,549	1,204	88.1%	Approved
   Hirotoshi Sugimoto	422,787	15,337	505	88.1%	Approved
   Minoru Yagi	422,788	15,336	505	88.1%	Approved
   Yoshihiro Nagasawa	422,713	15,411	505	88.1%	Approved
   Hidehito Iio	432,032	6,092	505	90.0%	Approved
   Mitsuru Kobayashi	432,044	6,080	505	90.0%	Approved
   Masahiro Goto	422,686	15,438	505	88.1%	Approved
   Kumi Fujisawa	427,506	11,075	49	89.1%	Approved
   Kazuyasu Kato	423,277	15,304	49	88.2%	Approved

   (Notes) The conditions for approval for each proposal are as stated below.

6. Proposal No. 1 requires approval by a majority of voting rights of the shareholders in attendance.

7. Proposal No. 2 requires the attendance of shareholders holding one-third of voting rights owned by shareholders eligible to exercise voting rights and approval by a majority of voting rights held by the shareholders in attendance.

8. The reason that a portion of the number of voting rights held by the shareholders in attendance at the General Meeting of Shareholders was not included in the number of voting rights

Resolutions of all the proposals have been legitimately reached in accordance with the Companies Act, as the requirements for approval have been met based on the number of votes confirmed to be approving or disapproving by counting the voting rights exercised up to the day before this General Meeting of Shareholders and those of shareholders in attendance. Therefore, voting rights of the shareholders in attendance for which confirmation is lacking as to whether they are approving, disapproving or abstaining are not included in the count.

2. Date of Report: June 20, 2017

End