Aisin : Notice of the 101st Ordinary General Meeting of Shareholders

This document has been translated from a part of 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 damages arising from the translation.

Securities Code: 7259 May 28, 2024

To Those Shareholders with Voting Rights

Moritaka Yoshida President

AISIN CORPORATION

1, Asahi-machi2-chome,Kariya-shi Aichi, Japan

NOTICE OF THE 101st ORDINARY GENERAL MEETING OF SHAREHOLDERS

You are cordially invited to attend the 101st Ordinary General Meeting of Shareholders of AISIN CORPORATION (hereinafter, the "Company"). Please access the websites listed below to confirm the details. The meeting will be held as described below.

When convening this Ordinary General Meeting of Shareholders, the Company will provide information that constitutes the content of reference documents for the general meeting of shareholders, etc. in electronic format.

This information can be found on the following websites.

The Company's website: https://www.aisin.com/jp/investors/report/ (in Japanese)

Tokyo Stock Exchange (TSE) website (Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

(Access the TSE website by using the internet address shown above, enter "AISIN Corporation" in "Issue name (company name)" or the Company's securities code "7259" in "Code," and click "Search." Then, click "Basic information" and select "Documents for public inspection/PR information." Under "Filed information available for public inspection," click "Click here for access" under "[Notice of General Shareholders Meeting /Informational Materials for a General Shareholders Meeting].")

If you are unable to attend the meeting, you can exercise your voting rights by mailing the enclosed Voting Rights Exercise Form or via the Internet. Please review the Reference Documents for the General Meeting of Shareholders (pages 3 through 18), and exercise your voting rights no later than 5:30 p.m. on Tuesday, June 18, 2024.

1. Date and Time: Wednesday, June 19, 2024 at 10:00 a.m.

2. Place:The Company's KYODOKAN Hall

36, Hachiken-cho2-chome,Kariya-shi, Aichi

3. Agenda of the Meeting:

Matters to be reported: The Business Report, the Financial Statements, the Consolidated Financial Statements, and the audit results of the Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board for the 101st Fiscal Term (from April 1, 2023 to March 31, 2024).

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Proposals to be resolved:

Proposal No. 1: Election of Eight Directors

Proposal No. 2: Election of One Substitute Audit & Supervisory Board Member

Proposal No. 3: Revision of Remuneration for Granting Restricted Stock to Directors (Excluding Outside Directors)

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Reference Documents for the General Meeting of Shareholders Proposals and references

Proposal No. 1: Election of Eight Directors

The term of office for all of eight Directors of the Company will expire at the closing of this General Meeting of Shareholders. Accordingly, the Company proposes the election of eight Directors including four Outside Directors.

The candidates for Directors are as follows:

Candidate	Name		Current Position	Responsibilities at the Company	Attributes of the
No.		at the Company	Candidate
1	Moritaka Yoshida			President	-	Reelected
	Shintaro Ito				Chief Administrative Officer, Executive
2			Director	Vice President, and in charge of Internal	Reelected
					Audit Department
	Yoshihisa Yamamoto				Chief Technology Strategy Officer,
3			Director	Executive General Manager of Product	Reelected
					Development Center
						Reelected
4	Michiyo Hamada		Outside Director	-	Outside Director
	Independent Director
						Female Director
						Reelected
5	Seiichi Shin		Outside Director	-	Outside Director
						Independent Director
6	Koji Kobayashi		Outside Director	-	Reelected
	Outside Director
						Reelected
7	Tsuguhiko Hoshino		Outside Director	-	Outside Director
						Independent Director
	Masahiro Nishikawa			Executive	Chief Carbon Neutral Officer, Executive
8			General Manager of Carbon Neutral	Newly elected
		Officer
				Promotion Center
Reelected: Candidate for Director to be reelected	Newly elected: Candidate for New Director
Outside Director: Candidate for Outside Director
Independent Director: Candidate for Independent Director as specified by Tokyo Stock Exchange, Inc.
Female Director: Female candidate for Director

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Candidate	Name		Career summary
No.
		April 1980	Joined Toyota Motor Co., Ltd.
		June 2009	Managing Officer of Toyota Motor Corporation
		April 2014	Senior Managing Officer of Toyota Motor Corporation
		January 2018	Executive Vice President of Toyota Motor Corporation
		June 2020	Chairman of TOYOTA CENTRAL R&D LABS., INC.
		June 2021	President and Executive President of the Company (to present)
		Current Position at the Company:	Responsibilities at the Company:
		President		-
		The reasons why the Company elects him as a candidate for Director:
		Mr. Moritaka Yoshida has an extensive career including as President of the Mid-size
	Moritaka Yoshida	Vehicle Company and the head of the Vehicle Development Center while serving as
1	Executive Vice President at Toyota Motor Corporation, and has experience as a
Reelected	management executive at TOYOTA CENTRAL R&D LABS., INC. He has been
	engaged in the Company's management as President of the Company (to present) since
		2021. He is recommended for the position of Director as he is expected to make use of
		his extensive experience and wide-ranging insights into overall corporate management
		for the management of the Company.
		Date of birth:		Special interest relationship with the Company:
		July 12,1957 (66 years old)	-
		Important concurrent position:	Number of shares of the Company held:
		Outside Director of EXEDY Corporation	22,500 shares
		Number of years since the candidate	Attendance to Board of Directors'
		assumed the office of Director:	Meetings:
		3 years (at the closing of this General	13/13 (100.0%)
		Meeting of Shareholders)

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Candidate	Name		Career summary
No.
		April 1983	Joined Aisin Seiki Co., Ltd.
		June 2010	Managing Officer of Aisin Seiki Co., Ltd.
		April 2017	Senior Managing Officer of Aisin Seiki Co., Ltd.
		April 2019	Executive Officer of Aisin Seiki Co., Ltd.
		April 2021	Executive Vice President of the Company
		June 2021	Director of the Company
			(to present)
		April 2022	Executive Officer of the Company
			(to present)
		Current Position at the Company:	Responsibilities at the Company:
		Director			Chief Administrative Officer, Executive
					Vice President, and in charge of Internal
					Audit Department
	Shintaro Ito	The reasons why the Company elects him as a candidate for Director:
2	Mr. Shintaro Ito worked primarily in the Managerial Administration Sector at the
Reelected	Company and has management experience serving as top management of a Group
	company overseas. Since 2021, he has been engaged in the Company's management,
		serving as Director and Executive Vice President, and is presently Director and
		Executive Officer (to present), and Chief Administrative Officer and Executive Vice
		President of the Company. He is recommended for the position of Director as he is
		expected to make use of his extensive experience and wide-ranging insights into overall
		corporate management for the management of the Company.
		Date of birth:			Special interest relationship with the Company:
		March 19, 1961 (63 years old)		-
		Important concurrent position:		Number of shares of the Company held:
		Outside Corporate Auditor of EXEDY		21,400 shares
		Corporation
		Number of years since the candidate		Attendance to Board of Directors'
		assumed the office of Director:		Meetings:
		3 years (at the closing of this General		13/13 (100.0%)
		Meeting of Shareholders)

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Candidate	Name		Career summary
No.
		April 1989	Joined Aisin AW Co., Ltd.
		April 2015	Executive Officer of Aisin AW Co., Ltd.
		April 2020	Senior Managing Officer of Aisin AW Co., Ltd.
		April 2021	Executive Vice President of the Company
		April 2022	Executive Officer of the Company
			(to present)
		June 2022	Director of the Company
			(to present)
		Current Position at the Company:	Responsibilities at the Company:
		Director		Chief Technology Strategy Officer,
				Executive General Manager of Product
				Development Center
	Yoshihisa Yamamoto	The reasons why the Company elects him as a candidate for Director:
3		Mr. Yoshihisa Yamamoto worked primarily in the technology development field of
	Reelected	Powertrain at the Company. Since 2021 he has served as Executive Vice President of the
		Company and is presently Director, Executive Officer (current position), as well as Chief
		Technology Strategy Officer, engaged in the Company's management. He is
		recommended for the position of Director as he is expected to make use of his extensive
		experience and wide-ranging insights concerning overall management and the
		technological development strategy of the Company.
		Date of birth:		Special interest relationship with the Company:
		December 17, 1964 (59 years old)	-
		Important concurrent position:	Number of shares of the Company held:
		-		7,900 shares
		Number of years since the candidate	Attendance to Board of Directors'
		assumed the office of Director:	Meetings:
		2 years (at the closing of this General	13/13 (100.0%)
		Meeting of Shareholders)

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Candidate	Name			Career summary
No.
		April 1974	Associate Professor at School of Law, Nagoya University
		April 1985	Professor at Nagoya University
		June 2004	Audit & Supervisory Board Member of Aisin Seiki Co., Ltd.
		April 2008	President of Nagoya University Graduate School of Law
		April 2009	Commissioner of Japan Fair Trade Commission
		April 2009	Professor Emeritus at Nagoya University
			(to present)
		June 2014	Outside Corporate Auditor of TOHO GAS Co., Ltd.
		June 2014	Outside Corporate Auditor of the Metropolitan Expressway Company
			Limited
		June 2015	Outside Director of Sangetsu Corporation
			(to present)
		June 2016	Director of Aisin Seiki Co., Ltd.
		June 2020	Outside Director of TOHO GAS Co., Ltd.
			(to present)
	Michiyo Hamada	June 2021	Director of the Company
		(to present)
4	Reelected	Current Position at the Company:	Responsibilities at the Company:
Outside Director		-
Outside Director
	Independent Director	The reasons why the Company elects her as a candidate for Outside Director and
	Female Director	overview of her expected role:

Ms. Michiyo Hamada has an extensive career including Professor at School of Law, Nagoya University, Commissioner of the Japan Fair Trade Commission, Outside Officer of other companies, etc., and has a high degree of expertise concerning the Companies Act and the Antimonopoly Act accumulated throughout her career. She is recommended as Outside Director of the Company as she is expected to make use of her expertise and broad experience concerning corporate governance to provide supervision of Company operations from a legal standpoint and independent position, as well as advice and opinions related to corporate governance.

	Date of birth:	Special interest relationship with the Company:
	November 25, 1947 (76 years old)	-
	Important concurrent position:	Number of shares of the Company held:
	Outside Director of TOHO GAS Co., Ltd.	3,800 shares
	Outside Director of Sangetsu Corporation
	Number of years since the candidate	Attendance to Board of Directors'
	assumed the office of Director:	Meetings:
	8 years (at the closing of this General	13/13 (100.0%)
	Meeting of Shareholders)

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Candidate	Name	Career summary
No.
		May 1988	Associate Professor at Institute of Information Sciences and
			Electronics, University of Tsukuba
		April 1992	Associate Professor at Faculty of Engineering, University of Tokyo
		April 1995	Associate Professor at Graduate School of Engineering, University of
			Tokyo
		April 1998	Associate Professor at Engineering Research Institute, School of
			Engineering, University of Tokyo
		March 2001	Director, The Society of Instrument and Control Engineers
		April 2006	Professor at Faculty of Informatics and Engineering, University of
			Electro-Communications
		March 2012	Director and Vice President, The Society of Instrument and Control
			Engineers
			President, Control System Security Center
		March 2013	Director and President, The Society of Instrument and Control
			Engineers
		April 2015	Professor at Faculty of Informatics and Engineering, University of
			Electro-Communications
		April 2018	Dean of Faculty of Informatics and Engineering, University of Electro-
			Communications
		April 2020	Professor Emeritus at University of Electro-Communications
	Seiichi Shin	(to present)
		October 2020	Director, Advanced Research Laboratory, Canon Medical Systems
5	Reelected	Corporation
	Outside Director	(to present)
	Independent Director June 2021	Director of the Company (to present)
		Current Position at the Company:	Responsibilities at the Company:
		Outside Director		-
		The reasons why the Company elects him as a candidate for Outside Director and
		overview of his expected role:

Mr. Seiichi Shin has held positions including Professor at Faculty of Informatics and Engineering, University of Electro-Communications. He is recommended for the position of Outside Director as he is expected to make use of his high level of expertise centered on measurement engineering and control engineering and his wide-ranging insight developed over his career to provide supervision from an independent standpoint, as well as a wide range of advice and opinions, centered on technology development at the Company.

	Date of birth:	Special interest relationship with the Company:
	May 8, 1954 (70 years old)	-
	Important concurrent position:	Number of shares of the Company held:
	Director, Advanced Research Laboratory,	1,200 shares
	Canon Medical Systems Corporation
	Number of years since the candidate	Attendance to Board of Directors'
	assumed the office of Director:	Meetings:
	3 years (at the closing of this General	13/13 (100.0%)
	Meeting of Shareholders)

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Candidate	Name		Career summary
No.
		April 1972	Joined Toyota Motor Co., Ltd.
		June 2004	Managing Officer of Denso Corporation
		June 2015	Vice Chairman and Member of the Board of Denso Corporation
		February 2016	Advisor of Toyota Motor Corporation
		January 2018	Executive Vice President of Toyota Motor Corporation
		January 2018	Member of the Board of Denso Corporation
		June 2018	Executive Vice President and Member of the Board of Directors
			(Representative Director) of Toyota Motor Corporation
		June 2021	Director of the Company
			(to present)
		April 2023	"Banto" and Executive Fellow of Toyota Motor Corporation
			(to present)
	Koji Kobayashi	Current Position at the Company:	Responsibilities at the Company:
	Outside Director		-
6	Reelected	The reasons why the Company elects him as a candidate for Outside Director and
	overview of his expected role:
	Outside Director
	Mr. Koji Kobayashi is recommended for the position of Outside Director as he is
		expected to make use of his extensive experience and wide-ranging expertise as a
		management executive over many years at Toyota Motor Corporation and other
		companies in the automobile industry in order to provide advice and opinions from a
		broad perspective to the management of the Company.
		Date of birth:		Special interest relationship with the Company:
		October 23, 1948 (75 years old)	-
		Important concurrent position:	Number of shares of the Company held:
		"Banto" and Executive Fellow of Toyota	0 shares
		Motor Corporation
		Number of years since the candidate	Attendance to Board of Directors'
		assumed the office of Director:	Meetings:
		3 years (at the closing of this General	13/13 (100.0%)
		Meeting of Shareholders)

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Candidate	Name		Career summary
No.
		April 1983	Joined the Ministry of Finance
		July 2011	Deputy Director General of the Minister's Secretariat, Ministry of
			Finance
		July 2015	First Deputy Commissioner, National Tax Agency
		June 2016	Director General of the Tax Bureau, Ministry of Finance
		July 2019	Commissioner, National Tax Agency
		June 2021	Outside Director of Tokyu Fudosan Holdings Corporation
			(to present)
		June 2021	Board Member (Vice Chairman) of The General Insurance Association
			of Japan
			(to present)
		June 2023	Director of the Company (to present)
		Current Position at the Company:	Responsibilities at the Company:
		Outside Director		-
		The reasons why the Company elects him as a candidate for Outside Director and
	Tsuguhiko Hoshino	overview of his expected role:
7	Reelected	Mr. Tsuguhiko Hoshino has served as Director General of the Tax Bureau, Ministry of
Finance, and Commissioner of the National Tax Agency. Through this professional
	Outside Director	experience, he has gained advanced expertise in finance, monetary policy, legal affairs
	Independent Director	and compliance. He is recommended for the position of Outside Director as he is
		expected to provide supervision and broad advice and opinions from an independent
		standpoint regarding the overall execution of business of the Company utilizing his
		extensive experience and broad insight gained from his experience working at a
		Japanese embassy abroad and supervisory experience as an Outside Director of a
		company in another business sector.
		Date of birth:		Special interest relationship with the Company:
		November 6, 1959 (64 years old)	-
		Important concurrent position:	Number of shares of the Company held:
		Outside Director of Tokyu Fudosan	0 shares
		Holdings Corporation
		Board Member (Vice Chairman) of The
		General Insurance Association of Japan
		Number of years since the candidate	Attendance to Board of Directors'
		assumed the office of Director:	Meetings:
		1 year (at the closing of this General	11/11 (100.0%)
		Meeting of Shareholders)

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