Avant : Notice of Partial Correction to "Notice of 27th Annual General Shareholders’ Meeting" (Matters to be provided electronically)

This document is an unofficial translation of Notice of Partial Correction to "Notice of 27th Annual General Shareholders' Meeting" (Matters to be provided electronically) and is provided for your convenience only, without any warranty as to its accuracy or as to the completeness of the information. The Japanese original version of the document is the sole official version.

September 16, 2023

To whom it may concern

Company Name: AVANT GROUP CORPORATION

Name of Representative: Tetsuji Morikawa, President and Group CEO

(Code: 3836, TSE Prime Market)

Inquiries: Naoyoshi Kasuga, Director and Group CFO

(TEL: [phone])

Notice of Partial Correction to "Notice of 27th Annual General Shareholders' Meeting" (Matters to be provided electronically)

AVANT GROUP CORPORATION (the "Company") has made the following corrections to the "Notice of 27th Annual General Shareholders' Meeting" (Matters to be provided electronically), which should be corrected as of the posting of the notice on this website.

■Correction point (1) (Correction points are underlined.)

"Notice of 27th Annual General Shareholders' Meeting" on page 14 Reference Documents for the General Shareholders' Meeting

Proposal2: Election of four directors (except directors who are audit committee members) Candidate Number 2 Naoyoshi Kasuga's Number of Company Stocks Held

Before corrections: 21,221 stocks

After corrections: 19,721 stocks

■Correction point (2) (Correction points are underlined.)

"Notice of 27th Annual General Shareholders' Meeting" on page 20

Matters on corporate officers

Note 6 to (1) Names, etc. of directors (as of June 30, 2023)

Before corrections:

6. Although Director Mr. Naohisa Fukutani is the Company's shareholder, his ownership ratio is under 1%, which does not make him a major shareholder and he and the Company have no specific interest. Therefore, we consider that it will not cause any conflict of interest with general shareholders. There is no specific interest between other directors mentioned above and the Company.

After corrections:

6. Although Director Mr. Naohisa Fukutani and Mr. Makoto Nakano are the Company's shareholders, their ownership ratios are under 1% each, which does not make them major shareholders and there are no specific interests between them and the Company. Therefore, we consider that it will not cause any conflict of interest with general shareholders. There is no specific interest between other directors mentioned above and the Company.

Ends