Ateam : Notice of the 24th Annual General Meeting of Shareholders

Note: 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.

Securities code: 3662

October 5, 2023

To our shareholders:

Takao Hayashi

President

Ateam Inc.

28-12 Meieki 3-chome,Nakamura-ku, Nagoya

Notice of the 24th Annual General Meeting of Shareholders

You are cordially informed of the 24th Annual General Meeting of Shareholders of Ateam Inc. (the "Company"), which will be held as indicated below.

If you are unable to attend the meeting in person, you may exercise your voting rights beforehand by mail or online.

If you vote by mail or online, please review the attached Reference Documents for the Annual General Meeting of Shareholders, and exercise your voting rights by Wednesday, October 25, 2023 at 7:00 p.m. Japan Standard Time (the end of business hours for the Company).

1.	Date and Time:	Thursday, October 26, 2023 at 10:30 a.m. (Reception will open at 10:00 a.m.)
2.	Venue:	Head office of Ateam Inc.
		32nd floor, Dai Nagoya Building
		28-12 Meieki 3-chome,Nakamura-ku, Nagoya

3.Purpose of the Meeting

Matters to be reported:

1. The Business Report and the Consolidated Financial Statements for the 24th fiscal year (from August 1, 2022 to July 31, 2023), and the results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit& Supervisory Board

2. The Non-consolidated Financial Statements for the 24th fiscal year (fromAugust 1, 2022 to July 31, 2023)

Matters to be resolved:

Proposal No. 1 Partial Amendments to the Articles of Incorporation

Proposal No. 2 Election of Four Directors (excluding directors who are members of the Audit& Supervisory Committee)

Proposal No. 3 Election of Three Directors as Audit & Supervisory Committee Members Proposal No. 4 Setting the Amount of Remuneration for Directors (excluding directors who are

members of the Audit & Supervisory Committee)

Proposal No. 5 Setting the Amount of Remuneration for Directors as Audit & SupervisoryCommittee Members

Proposal No. 6 Determination of the Amount and Details of the Performance-Based Remuneration System for Directors (excluding directors who are members ofthe Audit & Supervisory Committee)

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Implementation of a System for the Provision of Electronic Materials

We have implemented a system for the provision of electronic materials for the Annual General Meeting of Shareholders. Materials have been uploaded on the following websites, so please visit for more details.

• Our Corporate Website: https://www.a-tm.co.jp/en/ir/news/(Please select "Shareholders Meeting")
• Shareholders' Meeting Materials Website:https://d.sokai.jp/3662/teiji/(available only in Japanese)
• The TSE Website:https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show(available only in Japanese)

In the case that paper documents are requested, the following information will not be included in paper documents in accordance with relevant laws and regulations, as well as the Articles of Incorporation of the Company. Therefore, only some of the documents audited by the accounting auditor or corporate auditors in preparing the accounting audit report or audit report will be available in a paper format. (Available only in Japanese).

1. Status of Accounting Auditor
2. Matters Related to Share Acquisition Rights, Etc. of the Company
3. Structure for Ensuring the Appropriateness of Business and Outline of its Operation Status
4. Consolidated Statement of Changes in Net Assets
5. Notes to Consolidated Financial Statements
6. Statement of Changes in Shareholders' Equity
7. Notes to Non-consolidated Financial Statements

If circumstances arise that revisions to the electronic materials are required, we will notify you by posting a notice on each of the above websites.

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Exercise of Voting Rights

Exercise of voting rights at the Company's Annual Meeting of Shareholders is an important right that our shareholders have. Please vote after considering the attached Reference Documents for the General Meeting of Shareholders. There are three methods to vote as indicated below.

By Attending the Meeting

Please present the enclosed proxy card at the reception desk upon arrival at the meeting.

Date and Time

Thursday, October 26, 2023 at 10:30 a.m.

(Reception will open at 10:00 a.m.)

By Mail

Please indicate, on the enclosed proxy card, your approval or disapproval of each proposal and return the completed form without a postage stamp.

Deadline

To arrive no later than

Wednesday, October 25, 2023

at 7:00 p.m.

By Internet

Please indicate whether you approve or disapprove of each proposal by following the instructions on the next page.

Deadline

To complete no later than

Wednesday, October 25, 2023

at 7:00 p.m.

How to Fill Out the Proxy Card

Please indicate approval or disapproval of the proposal.

For Proposal No. 1, 4, 5, 6

 If you approve of the changes: Mark the "賛" box with a "○"

 If you disapprove of the changes: Mark the "否" box with a "○"

For Proposal No. 2, 3

 If you approve of all of the candidates: Mark the "賛" box with a "○"

 If you disapprove of all the candidates: Mark the "否" box with a "○"

 If you disapprove of some of the candidates: Indicate the numbers for the candidates that you disapprove of.

If you vote both by mail and via the internet, the latter shall be deemed valid.

If you vote more than once via the internet, only the last vote shall be deemed valid.

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Instructions for Voting via the Internet

Scanning the QR Code	Entering Login ID and Temporary Password
You can simply log in to the website to vote without entering	Voting website
your login ID and temporary password printed on the proxy	https://evote.tr.mufg.jp/
card.
	1.	Please access the website to vote.
1. Please scan the QR Code® printed on the proxy card.	2.	Enter your "login ID" and "temporary password" printed on
		the proxy card and click the "Log in" button.
* "QR code" is a registered trademark of DENSO WAVE	3.	Please register a new password.
INCORPORATED.	4.	Indicate your approval or disapproval by following the
		instructions on the screen.

2. Indicate your approval or disapproval by following the instructions on the screen.

In case you need assistance for voting on your PC/smartphone, please contact the help desk listed below.

Mitsubishi UFJ Trust and Banking Corporation

Corporate Agency Division (Help Desk)

Telephone: [phone] (Hours: 9:00 a.m. to 9:00 p.m., toll-free only in Japan)

Institutional investors may use the electronic voting platform for institutional investors operated by ICJ, Inc. Any fees incurred for accessing the voting website shall be borne by the shareholder.

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Reference Documents for the General Meeting of Shareholders

Proposal and Reference Information

Proposal No. 1: Partial Amendments to the Articles of Incorporation

1. Reason for Proposal
2. 1. Ateam will transition to a company with an Audit & Supervisory Committee to enhance corporate governance and reinforce the audit and supervisory functions of the Board of Directors. In conjunction with this transition, Ateam will establish new provisions regarding the Audit & Supervisory Committee Members and the Audit & Supervisory Committee, delete provisions regarding the Auditors and Board of Auditiors, and establish a new provision regarding delegation of authority to directors to make important decisions on business operations
   2. Changed the term referring to the representative director of Ateam to "Representative Director" from "President"
   3. Corrected other items, including some notation discrepancies
   4. The amendments to the Articles of Incorporation in this proposal will become effective at the conclusion of this Annual General Meeting of Shareholders.
3. Description of Amendments
   *The following description of amendments mainly reflect the details regarding 1. (i) mentioned above as most of the changes and corrections regarding 1. (ii) and (iii) are specific to Japanese. For full details about the amendments, please refer to the original Japanese version.

	(Underlined portions indicate amendments.)
Current Articles of Incorporation	Proposed Amendments
Chapter 2 Shares	Chapter 2 Shares
Article 9 (Administrator of Shareholders' Register)	Article 9 (Administrator of Shareholders' Register)
(Articles omitted)	(As current)
II. The administrator of the Company's shareholder registry	II. The administrator of the Company's shareholder registry
and its place of business shall be selected by a resolution of	and its place of business shall be selected by the Board of
the Board of Directors.	Directors or by a director delegated by a resolution of the
	Board of Directors.
Article 10 (Share Handling Regulations)	Article 10 (Share Handling Regulations)
The entry or recording in the register of shareholders and the	The entry or recording in the register of shareholders and the
register of stock acquisition rights of the Company, the	register of stock acquisition rights of the Company, the
purchase of shares constituting less than one unit, other	purchase of shares constituting less than one unit, other
handling and fees related to shares and stock acquisition	handling and fees related to shares and stock acquisition
rights, and procedures for shareholders to exercise their	rights, and procedures for shareholders to exercise their
rights shall be governed by the Share Handling Regulations	rights shall be governed by the Share Handling Regulations
established by the Board of Directors, in addition to those	established by the Board of Directors or by a director
provided by law or the Articles of Incorporation.	delegated by a resolution of the Board of Directors, in
	addition to those provided by law or the Articles of
	Incorporation.
Chapter 4 Directors and Board of Directors	Chapter 4 Directors and Board of Directors
Article 18 (Number of Directors)	Article 18 (Number of Directors)
The Company shall have no more than sevendirectors.	The Company shall have four or moredirectors.
(Established)	II. The Company shall have at least three Directors who are
	members of the Audit & Supervisory Committee.

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