Shinsho : CONVOCATION NOTICE OF THE 105th ORDINARY GENERAL MEETING OF SHAREHOLDERS

This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translation.

Securities code: 8075 June 5, 2023 (Date for commencing measures to provide information in electronic format: May 31, 2023)

To Shareholders with Voting Rights:

Takafumi Morichi

President and CEO

Shinsho Corporation

Yodoyabashi Square, 6-18, Kitahama 2-

Chome, Chuo-ku, Osaka, Japan

Notice Of The 105th Annual General Meeting Of Shareholders

Dear Shareholders:

We would like to express our appreciation for your continued support and patronage.

Notice is hereby given that the 105th Annual General Meeting of Shareholders (the "Meeting") of Shinsho Corporation (the "Company") will be held as described below.

The 105th Annual General Meeting of Shareholders is being convened in electronic format, and the Notice of Convocation of the 105th Annual General Meeting of Shareholders is posted in electronic format on the following website.

Company website:https://www.shinsho.co.jp/ir/stock/meeting.html（in Japanese only）

The information can also be found on the following website.

TSE website (Listed Company Search):

https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show（in Japanese only）

If you are unable to attend the meeting in person, you may exercise your voting rights in writing or electronically (online). You must exercise your voting rights by 5:15 pm on June 22, 2023, Japan Standard Time.

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1. Date and Time: Friday, June 23, 2023 at 10:00 a.m. (JST)
2. Place:Conference Room, 18th floor of the Company's head office at 6-18, Kitahama 2-chome,Chuo-ku, Osaka, Japan
3. Meeting Agenda:

Matters to be reported: 1. The business report and consolidated financial statements for the 105th business term (April 1, 2022, to March 31, 2023), and the results of audits of the consolidated financial statements for the 105th business term by Accounting Auditors and the Audit & Supervisory Board

2. The business report, consolidated financial statements, and non- consolidated financial statements for the 105th business term

Proposals to be resolved:

Proposal 1: Election of six (6) Directors

Proposal 2: Election of two (2) Auditors

Proposal 3: Election of one (1) Substitute Auditor

• If you will be attending on the day of the meeting, please submit the enclosed Voting Rights Exercise Form at the venue reception desk. You may entrust another shareholder with voting rights to attend the meeting to act as your proxy. If you do so, please submit your proxy statement together with the voting form.
• If any of the items provided in an electronic format are revised, we will post the revisions on the Company's website.
• Please note that casual dress code (Cool Biz) will be adopted at the meeting. We encourage everyone attending the meeting to adopt the same dress code.

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