HIROSHIMA GAS : Notice of the 169th 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: 9535

June 1, 2023

To our shareholders:

Kensuke Matsufuji

Representative Director and President

HIROSHIMA GAS CO., LTD.

2-7-1,Minami-machiMinami-ku, Hiroshima

Notice of the 169th Annual General Meeting of Shareholders

We are pleased to announce that the 169th Annual General Meeting of Shareholders of HIROSHIMA GAS CO., LTD. (the "Company") will be held as follows.

In convening this General Meeting of Shareholders, the Company has taken electronic provision measures, which provide information contained in the Reference Documents, etc. for the General Meeting of Shareholders (the "matters subject to electronic provision measures") in electronic format, and has posted this information on the following websites on the Internet. Please access either of the following websites to review the information.

【Website of the Company】 https://www.hiroshima-gas.co.jp/english/ir/event/event_01.html

【Website of Tokyo Stock Exchange (Search for a listed company)】 https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

(Please access the Tokyo Stock Exchange website above, enter "Hiroshima Gas" in the "Issue name (company name)" field or our stock exchange code "9535" (in half-width characters) in the "Code" field, and click on "Search" to find search results. Then, click on "Basic information" and "Documents for public inspection/PR information" in this order to find "[Notice of General Shareholders Meeting/Informational Materials for a General Shareholders Meeting]" in the "Filed information available for public inspection" section.)

If you exercise your voting rights via the Internet, etc. or in writing, please review the Reference Documents for General Meeting of Shareholders, and exercise your voting rights by 5:30 p.m. on Wednesday, June 21, 2023 (JST) either by entering your approval or disapproval of the proposals on the website for exercising voting rights specified by the Company (https://evote.tr.mufg.jp/) or indicating your approval or disapproval of the proposals in the voting form and then returning the form to the Company by postal mail.

- 1 -

1. Date and Time: Thursday, June 22, 2023 at 10:00 a.m. (JST) [Reception will open at 9:15 a.m. (JST)]

2. Venue:	Gastopia Center of the Company, 6F Convention Hall
	1-30,Minamitakeya-cho,Naka-ku, Hiroshima

3. Purpose of the Meeting

Matters to be reported: 1. The Business Report, the Consolidated Financial Statements and the

Non-consolidated Financial Statements for the 169th fiscal year (from April 1, 2022 to March 31, 2023)

2. The results of audits of the Consolidated Financial Statements for the 169th fiscal year by the Financial Auditor and Audit & Supervisory Board

Matters to be resolved:

Proposal 1: Election of Eleven (11) Directors

Proposal 2: Election of Two (2) Audit & Supervisory Board Members

Proposal 3: Election of One (1) Substitute Audit & Supervisory Board Member

• If you attend the meeting in person, please submit the voting form at the reception.
• The matters below are not included in the paper copy sent to shareholders who have requested it in accordance with the provisions of laws and regulations and Article 13 of the Articles of Incorporation of the Company. These documents are part of the documents audited by the Audit & Supervisory Board Members and the Financial Auditor in preparing their respective audit reports.
• 1. "Overview of system to ensure that the execution of the duties of Directors conforms with laws, regulations, and the Articles of Incorporation and other systems to ensure appropriate operations, and operation status of the systems" of the Business Report
  2. The "Consolidated Statement of Changes in Net Assets" and the "Notes to Consolidated Financial Statements" of the Consolidated Financial Statements
  3. The "Statement of Changes in Net Assets" and the "Notes to Financial Statements" of the Non-Consolidated Financial Statements
     Note that (1), (2), and (3) are included in the materials audited by the Audit & Supervisory Board Members when preparing the Audit Report, and (2) and (3) are included in the materials audited by the Financial Auditor when preparing the Financial Audit Report.
• In the event that there are any revisions to the matters subject to electronic provision measures, the fact of the revision, information prior to the revision and information after the revision will be posted on the respective websites where the matters are posted.

- 2 -

Reference Documents for the General Meeting of Shareholders

Proposal No. 1: Election of Eleven (11) Directors

At the conclusion of this annual general meeting of shareholders, the terms of office of all eleven (11) Directors will expire. Therefore, the Company proposes the election of eleven (11) Directors.

The candidates for Director are as follows:

Candidate	Name	Current position and responsibility in the Company	Reference page
No.
1	Kozo Tamura	Representative Director and Chairman	Reelection	Page 4
		Representative Director and President and Presidential
2	Kensuke Matsufuji	Executive Officer	Reelection	Page 4
		(in charge of Energy Business Division)
		Director, Senior Executive Officer
3	Takeshi Tanimura	(General Manager of Pipeline Business Division, in charge	Reelection	Page 5
		of General Affairs Department, Finance & Accounting
		Department and Technical Research Institute)
		Director, Senior Executive Officer
4	Tomohiko Nakagawa	(in charge of Secretarial Department, Corporate Planning	Reelection	Page 5
Department, Environmental & Social Contribution
		Department, Human Resources Department and Digital
		Strategy Department)
		Director, Senior Executive Officer
5	Kazunori Tamura	(General Manager of Production Business Division and	Reelection	Page 6
		General Manager of Purchasing Department, in charge of
		Energy Resources & International Business Department)
		Outside Director	Reelection
6	Masao Mukuda	Outside	Page 6
			Independent
			Reelection
7	Koji Ikeda	Outside Director	Outside	Page 7
			Independent
			Reelection
8	Hidetaka Matsuzaka	Outside Director	Outside	Page 7
			Independent
			Reelection
9	Norimasa Tamura	Outside Director	Outside	Page 8
			Independent
10	Yasutaka Okita	Senior Executive Officer	New election	Page 8
(General Manager of General Affairs Department)
11	Sunao Yoshizaki	Senior Executive Officer	New election	Page 9
(Deputy General Manager of Energy Business Division)

- 3 -

Candidate	Name	Career summary, position and responsibility in the Company, and significant	Number of the
Company's shares
No.	(Date of birth)		concurrent positions outside the Company
	owned
		Apr. 1977	Joined the Company
		June 2002	General Manager of Raw Materials Department
		June 2005	Executive Officer and General Manager of Raw Materials
			Department
		June 2009	Director, Executive Officer (General Manager of Corporate
	Kozo Tamura		Planning Department, Management Headquarters, in charge
		of Secretarial Department, Hatsukaichi LNG Terminal,	150,712 shares
	(June 22, 1951)		Bingo Plant and affiliated companies)
	Reelection	Apr. 2010	Representative Director and President (in charge of Energy
1			Business Division)
	June 2017	Representative Director and Chairman
			(current position)
		[Significant concurrent positions outside the Company]
		・Outside Director of Hiroshima Electric Railway Co., Ltd.
	[Reason for nomination as candidate for Director]
	Kozo Tamura has mainly engaged in duties related to corporate planning and raw materials. He served as Representative
	Director and President for around seven (7) years from April 2010 to June 2017 and has served as Chairman of the Board of
	Directors as Representative Director and Chairman since June 2017, possessing extensive experience and deep insight.
	Accordingly, the Company hereby proposes his reelection as Director.
		Apr. 1983	Joined the Company
		June 2007	General Manager of Secretarial Department
		June 2010	General Manager of Public Relations and Environment
			Department, Management Headquarters
		June 2011	Executive Officer and General Manager of Residential
	Kensuke Matsufuji		Energy Sales Department, Energy Business Division
	June 2013	Director, Executive Officer (General Manager of Finance &
	(November 27, 1959)	124,533 shares
		Accounting Department, Management Headquarters, in
	Reelection
		charge of Secretarial Department and Raw Materials
2		June 2015	Department, Management Headquarters)
		Director, Senior Executive Officer (General Manager of
			Energy Business Division)
		June 2017	Representative Director and President and Presidential
			Executive Officer (in charge of Energy Business Division)
			(current position)
	[Reason for nomination as candidate for Director]
	Kensuke Matsufuji has mainly engaged in duties related to sales. Assuming the office as Representative Director in June
	2017, he has served as President, the position with ultimate responsibility for execution of business of the Company,
	possessing extensive experience and deep insight. Accordingly, the Company hereby proposes his reelection as Director.

- 4 -

Candidate	Name	Career summary, position and responsibility in the Company, and significant	Number of the
Company's shares
No.	(Date of birth)		concurrent positions outside the Company
	owned
		Apr. 1984	Joined the Company
		Apr. 2009	General Manager of Supply Facility Department, Pipeline
			Business Division
		June 2011	General Manager of Hatsukaichi LNG Terminal
		June 2012	Executive Officer and General Manager of Hatsukaichi
			LNG Terminal
		June 2015	Director, Executive Officer (General Manager of Finance &
			Accounting Department, Management Headquarters, in
			charge of Secretarial Department and Raw Materials
			Department, Management Headquarters)
		Apr. 2016	Director, Executive Officer (General Manager of Finance &
	Takeshi Tanimura		Accounting Department, in charge of General Affairs
		Department, Human Resources Department and Raw
	(November 7, 1961)		Materials Department)	50,657 shares
	Reelection	June 2017	Director, Senior Executive Officer (General Manager of
			Corporate Planning Department, in charge of Secretarial
3			Department and affiliated companies)
	Apr. 2019	Director, Senior Executive Officer (General Manager of
			Pipeline Business Division, in charge of Technical Research
			Institute)
		Apr. 2023	Director, Senior Executive Officer (General Manager of
			Pipeline Business Division, in charge of General Affairs
			Department, Finance & Accounting Department and
			Technical Research Institute)
			(current position)
		[Significant concurrent positions outside the Company]
		・Representative Director and President, Setouchi Pipeline Co., Ltd.
	[Reason for nomination as candidate for Director]
	Takeshi Tanimura has mainly engaged in duties related to gas supply and production. As Executive Officer since 2012, he
	served as General Manager of Hatsukaichi LNG Terminal and General Manager of Finance & Accounting Department and
	Corporate Planning Department. Currently a Director, Senior Executive Officer, he serves as General Manager of Pipeline
	Business Division, possessing extensive experience and deep insight. Accordingly, the Company hereby proposes his
	reelection as Director.
		Apr. 1987	Joined the Company
		Apr. 2009	General Manager of Purchasing Department, Management
			Headquarters
		June 2013	Executive Officer and General Manager of Raw Materials
			Department, Management Headquarters
		Apr. 2016	Executive Officer and General Manager of Raw Materials
			Department
	Tomohiko Nakagawa	June 2016	Director, Executive Officer (General Manager of Production
		Business Division, in charge of Purchasing Department and	42,257 shares
	(March 23, 1963)
	Reelection		Raw Materials Department)
	Apr. 2019	Director, Senior Executive Officer (General Manager of
4			Corporate Planning Department, in charge of Secretarial
			Department and Human Resources Department)
		Apr. 2023	Director, Senior Executive Officer (in charge of Secretarial
			Department, Corporate Planning Department,
			Environmental & Social Contribution Department, Human
			Resources Department and Digital Strategy Department)
			(current position)
	[Reason for nomination as candidate for Director]
	Tomohiko Nakagawa has mainly engaged in duties related to gas supply and raw materials. As Executive Officer since 2013,
	he served as General Manager of Raw Materials Department and Production Business Division. Currently a Director, Senior
	Executive Officer, he supervises Secretarial Department, Corporate Planning Department, etc., possessing extensive
	experience and deep insight. Accordingly, the Company hereby proposes his reelection as Director.

- 5 -