Fujikura : Notice of the policy for holding of Adjourned Meeting of the 175th Annual General Meeting of Shareholders

	June 5, 2023
Dear All
Company Name:	Fujikura Ltd.
Representative:	Naoki Okada, President and CEO
	(Code: 5803 Prime market of TSE))
Inquiries:	Toru Hamasuna, Executive Officer and
	General Manager of Corporate Strategy
	Planning Division
	(TEL. [phone])

Notice of the policy for holding of Adjourned Meeting of the 175th Annual

General Meeting of Shareholders

We have resolved at the Board of Directors meeting today on the policy of holding an adjourned meeting of the 175th Ordinary General Meeting of Shareholders, and hereby notify you as follows.

We sincerely apologize to our shareholders and other stakeholders for the considerable inconvenience and concern that this may cause.

1. Holding of Adjourned Meeting of the 175th Annual General Meeting of Shareholders As part of the purpose of the meeting of the Company's 175th Annual General Meeting of Shareholders to be held on June 29, 2023 ("this Meeting"), the Company was scheduled to report to shareholders at this Meeting on matters to be reported "Details of the business report, the consolidated financial statements, and the reports by the independent accounting auditor and the Audit and Supervisory Committee on the audit results of consolidated financial statements for the Company's 175th business year (from April 1, 2022 to March 31, 2023)" and "Details of non-consolidated financial statements for the Company's 175th business year (from April 1, 2022 to March 31, 2023)" (hereinafter the "Matters to be Reported").

However, as stated in the "Announcement on the Investigation Relating to an Improper Real Estate Acquisition at a U.S. Subsidiary" press release dated May 26, 2023, a Special Investigation Committee, supported by external specialists, is currently conducting an internal investigation. Because said investigation, associated account settlement procedures, and audit procedures performed by the independent accounting auditor are expected to require considerable time, the Company is unable to submit the business report, the consolidated financial statements, the non-consolidated financial statements, or the reports on the audit results for the Company's 175th business year, and is unable to report on the Matters to be Reported at this Meeting.

That being the case, at this Meeting the Company seeks the approval of its shareholders to convene a separate adjourned meeting of this Meeting ("the Adjourned Meeting"), and to report

at the Adjourned Meeting the Matters to be Reported, as well as approval to entrust the determination of the date and time and place of the Adjourned Meeting to the Board of Directors ("the Proposal").

If the Proposal is approved at this Meeting, the Company intends to report the Matters to be Reported at the Adjourned Meeting. Consequently, the Company has not made the Matters to be Reported, consisting of the business report, the consolidated financial statements, the non - consolidated financial statements, the audit report of the independent accounting auditor, and the audit report of the Audit and Supervisory Committee for the Company's 175th business year, available in electronic format on Internet websites, or attached them to this notice. After the account settlement procedures have been completed, these will be provided to shareholders as an attachment to the notice for the Adjourned Meeting, as well as being made available in electronic format.

Because the Adjourned Meeting will be part of this Meeting, the shareholders who can attend the Adjourned Meeting will be the same shareholders who can exercise their voting rights at this Meeting.

2. Outline of the 175th Annual General Meeting of Shareholders

• Date and time: June 29, 2023 (Thursday) at 10:00 a.m. (JST)

• Place:Assembly Hall, Fujikura head office

5-1, Kiba 1-chomeKoto-ku, Tokyo, Japan

• Purpose of the meeting [Matters to be reported]
• 1. Details of the business report, the consolidated financial statements, and the reports by the independent accounting auditor and the Audit and Supervisory Committee on the audit results of consolidated financial statements for the Company's 175th business year (from April 1, 2022 to March 31, 2023).
  2. Details of non-consolidated financial statements for the Company's 175th business year (from April 1, 2022 to March 31, 2023).

*Reports 1 and 2 will not be reported at this general meeting but will be reported at an adjourned meeting.

[Matters to be acted upon]
Proposal No. 1	Appropriation of Surplus
Proposal No. 2	Partial Amendment to the Articles of Incorporation
Proposal No. 3	Election of Four Directors Not Serving as Audit and
	Supervisory Committee Members
Proposal No. 4	Election of Five Directors, Members of the Audit and
	Supervisory Committee

End