These documents are partial translations of the Japanese originals for reference purposes only.

In the event of any discrepancy between these translated documents and the Japanese originals, the originals shall prevail. The Bank assumes no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translations.

Securities Code: 8360 June 5, 2023 (Date of commencement of electronic provision measures: May 25, 2023)

To Shareholders with Voting Rights:

Mitsuyoshi Seki

President

The Yamanashi Chuo Bank, Ltd.

20-8, Marunouchi 1-chome,

Kofu, Yamanashi, Japan

NOTICE OF CONVOCATION OF

THE 120TH ANNUAL GENERAL MEETING OF SHAREHOLDERS

Please be informed that the 120th Annual General Meeting of Shareholders of The Yamanashi Chuo Bank, Ltd. (the "Bank") will be held for the purposes as described below.

In convening this General Meeting of Shareholders, the Bank has taken measures for electronic provision and matters subject to measures for electronic provision are posted on the following website on the Internet.

The Bank's website: https://www.yamanashibank.co.jp/en/investor/shareholders.html

In addition to the above website, this information is also posted on the following website on the Internet. Tokyo Stock Exchange website: https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

Please access the above website, search by entering the Bank's name or the Securities Code, and select "Basic information" and "Documents for public inspection/PR information" in that order to view the information.

The Bank will take measures to prevent the infection of the novel coronavirus disease (COVID-19) for this General Meeting of Shareholders. Please kindly consider the COVID-19 situation and your own physical condition on the date of the event, and decide your attendance in person on the day.

If you do not attend the meeting in person on the day, you can exercise your voting rights in writing or by electromagnetic means (via the Internet). Please review the Reference Documents for the General Meeting of Shareholders included in the matters subject to measures for electronic provision and exercise your voting rights by 5:00 p.m. on Monday, June 26, 2023 Japan time.

1. Date and Time: Tuesday, June 27, 2023 at 10:00 a.m. Japan time

2. Place:

7F Hall, Head Office of the Bank,

20-8, Marunouchi 1-chome, Kofu, Yamanashi, Japan

3. Meeting Agenda:

Matters to be reported: 1. The Business Report and Non-consolidated Financial Statements for the

Bank's 120th Fiscal Year (from April 1, 2022 to March 31, 2023)

2. Consolidated Financial Statements for the Bank's 120th Fiscal Year (from April 1, 2022 to March 31, 2023) and results of audits of the Consolidated Financial Statements by the Independent Auditor and the Board of Corporate Auditors

1

Proposals to be resolved:

Proposal No. 1: Appropriation of Surplus

Proposal No. 2: Election of Nine (9) Directors

4. Exercise of Voting Rights:

Exercise of Voting Rights by Attending the Meeting

When attending the meeting, please bring this "convocation notice" with you and submit the enclosed "Voting Rights Exercise Form" at the reception desk on the day of the meeting.

Date and time of the meeting: Tuesday, June 27, 2023 at 10:00 a.m. Japan time

Exercise of Voting Rights in Writing

Please indicate your vote for or against each of the proposals on the enclosed "Voting Rights Exercise Form" and return it so that it is received by the voting deadline.

Voting deadline: Mail received by 5:00 p.m. on Monday, June 26, 2023 Japan time

Exercise of Voting Rights via Electromagnetic Means (the Internet, etc.)

Please access the voting website (https://evote.tr.mufg.jp/) (in Japanese), follow the instructions on the voting website, and indicate your vote for or against each of the proposals by the voting deadline.

Voting deadline: 5:00 p.m. on Monday, June 26, 2023 Japan time

  • If neither approval nor disapproval of a proposal is indicated on the Voting Rights Exercise Form, it will be treated as an indication of approval.
  • If you vote both in writing on the Voting Rights Exercise Form and via electromagnetic means (the Internet, etc.), we will deem your vote placed via electromagnetic means (the Internet, etc.) to be the effective one.
  • If you submit your vote multiple times via electromagnetic means (the Internet, etc.), we will deem the last vote placed to be the effective one.

End

  • In accordance with laws and regulations as well as Article 17 of the Articles of Incorporation of the Bank, the following items are not stated in the paper-based documents sent to shareholders who have requested them. Thus, the documents constitute a portion of the documents audited for the preparation of audits reports by the Corporate Auditors and the Independent Auditors.
    1. "Matters Regarding Share Subscription Rights, Etc. of the Bank," "Basic Policy Regarding the Way of Being a Person Who Controls the Determination of Financial and Business Policies," "System to Ensure Appropriate Business Operation," "Matters Regarding Specified Wholly-Owned Subsidiaries," "Matters Regarding Transaction With Parent Company, Etc.," and "Others" in the Business Report
    2. "Non-consolidatedStatements of Changes in Net Assets" and "Notes to the Non-consolidated Financial Statements" of the Non-consolidated Financial Statements
    3. "Consolidated Statements of Changes in Net Assets" and "Notes to the Consolidated Financial Statements" of the Consolidated Financial Statements
  • Any revisions to the matters subject to measures for electronic provision will be posted on the websites on which the matters are posted.

2

Reference Documents for the General Meeting of Shareholders

Proposals and References

Proposal No. 1: Appropriation of Surplus

The Bank's basic policy is to undertake stable dividends on a continuous basis while striving to enhance appropriate internal reserves to maintain sound management, considering the public nature of the banking business.

Following this basic policy, the appropriation of year-end dividends and surplus are proposed as follows.

  1. Matters concerning year-end dividends
    Taking into consideration the business results, etc. for the fiscal year under review, year-end dividends of 25 yen per share are proposed for the fiscal year under review in order to return profits to our shareholders. As the Bank paid an interim dividend of 20 yen per share, the full-year dividends for the fiscal year under review will be 45 yen per share, an increase of 5 yen from the previous fiscal year.
    1. Type of dividend property Cash
    2. Matters concerning the allotment of dividend property to shareholders and the total amount 25 yen per share of common stock, for a total of 778,005,250 yen
    3. Effective date of distribution of surplus June 28, 2023
  3. Matters concerning the appropriation of surplus
    1. Item and the amount of surplus to be increased

General reserve

2,000,000,000 yen

(2) Item and the amount of surplus to be decreased

Retained earnings brought forward

2,000,000,000 yen

3

Proposal No. 2: Election of Nine (9) Directors

The terms of office of all nine (9) Directors will expire at the conclusion of this Annual General Meeting of Shareholders. Accordingly, the election of nine (9) Directors is proposed.

The candidates for Directors are as follows:

No.

Name

Current positions

Attendance at the Board of

at the Bank

Directors meetings

1

Mitsuyoshi Seki

Reelection

President

13 out of 14 meetings

(92%)

2

Yoshiaki Furuya

Reelection

Senior Managing

13 out of 14 meetings

Director

(92%)

3

Masahiko Yamadera

Reelection

Managing Director

14 out of 14 meetings

(100%)

4

Norihiko Tanaka

Reelection

Managing Director

14 out of 14 meetings

(100%)

5

Hideki Sato

New election

Managing Executive

-

Officer

6

Tetsuya Naito

New election

Managing Executive

-

Officer

Reelection

14 out of 14 meetings

7

Michio Masukawa

Outside Director

Director

(100%)

Independent Director

Reelection

14 out of 14 meetings

8

Riyo Kano

Outside Director

Director

(100%)

Independent Director

Reelection

14 out of 14 meetings

9

Miki Ichikawa

Outside Director

Director

(100%)

Independent Director

4

No.

Name

Career summary, positions, responsibilities and significant concurrent

Number of

shares of the

(Date of birth)

positions

Bank held

Apr.

1977

Joined the Bank

Jun.

1998

Chief Deputy Manager of Business Development Group,

Business Promotion Division, Marketing Headquarters

Jun.

1999

General Manager of Mejirodai Branch

Nov.

2001

Acting General Manager of Corporate Planning Division and

Oct.

2002

Manager of Planning Section

Deputy General Manager of Corporate Planning Division

and Manager of Planning Section

Mitsuyoshi Seki

Aug.

2004

Deputy General Manager of Corporate Planning Division

Jun.

2005

General Manager of Business Promotion Division,

(September 19,

Marketing Headquarters

1953)

Jul.

2005

Executive Officer and General Manager of Business

Reelection

Promotion Division, Marketing Headquarters

Jun.

2007

Director and General Manager of Risk Administration

Division

39,500

1

Mar.

2008

Director and General Manager of Personnel Division

Jun.

2009

Managing Director and General Manager of Corporate

shares

Jun.

2011

Planning Division

Senior Managing Director

Jun.

2017

President, in charge of auditing

To present

Jun.

2023

Corporate Auditor (Outside Corporate Auditor), FUJI

KYUKO CO., LTD.

Scheduled to assume the office

nomination as a candidate for Director>

Mr. Mitsuyoshi Seki has accumulated a wealth of knowledge and expertise in the divisions of

business promotion, corporate planning, corporate administration and personnel, the fields of

branch management and others, and has been serving as a Director since June 2007 and as

President since June 2017. He adequately fulfills his role of decision-making on important

management matters and supervision on business execution of the Bank. Accordingly, the Bank

nominated him as a candidate for Director in the hope that he would continue to perform his

role.

5

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

The Yamanashi Chuo Bank Ltd. published this content on 25 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2023 07:18:23 UTC.