DAIHEN : Partial Correction to the Notice of the 159th Annual General Meeting of Shareholders

(Stock Exchange Code 6622)

June 14, 2023

To Shareholders:

Shoichiro Minomo

President and Chief Executive Officer

DAIHEN Corporation

2-1-11 Tagawa, Yodogawa-ku, Osaka, Japan

Partial Correction to the Notice of

the 159th Annual General Meeting of Shareholders

DAIHEN Corporation hereby announces the following corrections to the information contained in the English version of the "Notice of the 159th Annual General Meeting of Shareholders," which was disclosed on June 6, 2023. We apologize for any inconvenience caused.

1. Items to be corrected

1. Status of appointment of Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2) in the list of director candidates
2. Rate of attendance at Board of Directors meetings of auditor candidates, Mr. Haruo Urata (Candidate No. 2, Proposal 3) and Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3)
3. Headings and content of the reasons for selection of Mr. Haruhisa Kimura (Candidate No. 5, Proposal 2) and Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2), and that of Mr. Haruo Urata (Candidate No. 2, Proposal 3) and Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3)

2. Details of the corrections Corrected parts are underlined.

Item (1)

(Before corrections)

Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2): [Reappointment]

(After corrections)

Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2): [New Candidate]

Item (2)

(Before corrections)

Mr. Haruo Urata (Candidate No. 2, Proposal 3):

7/7 (100.00%)

Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3):

6/6 (100.00%)

(After corrections)

Mr. Haruo Urata (Candidate No. 2, Proposal 3):

7/7 (100.0%)

Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3):

6/6 (100.0%)

Item (3)

(Before corrections)

Mr. Haruhisa Kimura (Candidate No. 5, Proposal 2):

[Reasons for selection as a candidate for auditor]

Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2):

[Reasons for selection as a candidate for auditor]

Mr. Haruo Urata (Candidate No. 2, Proposal 3):

[Reasons for selection as a candidate for auditor]

Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3):

[Reasons for selection as a candidate for auditor]

• The Company believes that he will strengthen the Company's auditing function by supervising and guiding our board of directors independently based on his abundant experience and broad insight, and has therefore nominated him again as a candidate for auditor.

(After corrections)

Mr. Haruhisa Kimura (Candidate No. 5, Proposal 2):

[Reasons for selection as a candidate for director]

Mr. Kentaro Kaneko (Candidate No. 7, Proposal 2):

[Reasons for selection as a candidate for director]

Mr. Haruo Urata (Candidate No. 2, Proposal 3):

[Reasons for selection as a candidate for outside auditor]

Mr. Hiroyuki Shime (Candidate No. 3, Proposal 3):

[Reasons for selection as a candidate for outside auditor]

• The Company believes that he will strengthen the Company's auditing function by supervising and guiding our board of directors independently based on his abundant experience and broad insight, and has therefore nominated him again as a candidate for outside auditor.

End of Document