Fuji Oil : Jun. 26，2019 Notice of resolution of 17th annual general meeting of shareholders （150KB）

June 26, 2019

TRANSLATION FOR REFERENCE ONLY

To Our Shareholders

Atsuo Shibota

Director-President

Fuji Oil Company, Ltd.

5-8, Higashishinagawa 2-chome,

Shinagawa-ku, Tokyo, Japan

NOTICE OF RESOLUTIONS OF

THE SEVENTEENTH

ANNUAL GENERAL MEETING OF SHAREHOLDERS

We would hereby like to inform you that at the 17th Annual General Meeting of Shareholders of Fuji Oil Company, Ltd. (the "Company") held on June 26, 2019, the following items were reported and resolved as described briefly below.

Items Reported

1. To report the Business Report, the Consolidated Financial Statements, the Audit Reports for the Consolidated Financial Statements by Independent Auditor and the Audit & Supervisory Board (ASB) of the Company for the 17th Financial Year (April 1, 2018 - March 31, 2019)
2. To report theNon-Consolidated Financial Statements for the 17th Financial Year (April 1, 2018- March 31, 2019)

The particulars of the above 1 and 2 were reported.

Items Resolved

Proposition I : To Distribute Surplus

The proposition was approved and adopted as proposed.

The year-end dividend was decided to be 10 yen per share of common stock of the Company.

Proposition II : To Elect Twelve Directors

The proposition was approved and adopted as proposed.

Messrs. Atsuo Shibota, Katsunori Yagi, Shigeto Yamamoto, Daisuke Seki, Toshiki Matsumura, Mohammed Al-Fahad, Khaled Al-Sabah, Kenichi Terao, Takahiko Yamamoto, Takayuki Kawahata, Takumi Iwamoto, and Masayuki Tsuda were elected as Directors and each of them assumed the office.

Proposition III : To Elect Four ASB Members

The proposition was approved and adopted as proposed.

Messrs. Tetsuo Ishii, Tsuyoshi Inoue, Koichi Chikaraishi, and Ms. Tomoko Sakamoto were elected as ASB Members and each of them assumed the office.

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At a Board of Directors meeting and an ASB meeting held respectively after the conclusion of the 17thAnnual General Meeting of Shareholders, Representing Directors, Senior Directors and a Full-Time ASB member were appointed.

The Company's Directors and ASB Members as of June 26, 2019 are as follows:

	Representing Director cum	Atsuo Shibota
	Director-President
	Representing Director cum	Katsunori Yagi
	Managing Director
	Managing Director	Shigeto Yamamoto
*	Director	Daisuke Seki
*	Director	Toshiki Matsumura
*	Director	Mohammed Al-Fahad
*	Director	Khaled Al-Sabah
	Director	Kenichi Terao
	Director	Takahiko Yamamoto
	Director	Takayuki Kawahata
	Director	Takumi Iwamoto
	Director	Masayuki Tsuda
	Full-Time ASB Member	Tetsuo Ishii
*	ASB Member	Tsuyoshi Inoue
*	ASB Member	Koichi Chikaraishi
*	ASB Member	Tomoko Sakamoto

Note: Persons marked with an asterisk (*) are Outside Directors/ASB Members.

Information on receipt of dividends

1. Shareholders who have designated a bank account for receiving dividends

Please refer to the enclosed "Dividend Statement*" and "Dividend Transfer Destination*."

2. Shareholders who have designated the method of receiving dividends through accounts at

securities companies in proportion to the number of shares held in the accountsPlease refer to the enclosed "Dividend Statement*" and "How to Receive Your Dividend*."

3. Shareholders who have not taken procedures stated above

Please receive your dividend at a nearby Japan Post Bank office or a banking counter of a nearby post office during the payment period (from June 27, 2019 through August 26, 2019) by presenting the enclosed "Dividend Warrant*."

Note: Enclosed papers marked with an asterisk (*) are in Japanese language. There are no English versions.

Shareholders with less-than-unit shares

Please find enclosed the "Business Report for the 17th Financial Year" (Document attached to the Convocation Notice of the 17th Annual General Meeting of Shareholders), which is for your information and review.

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