On April 4, 2018, Katakura Industries Co.,Ltd. announced the voting results at the Ordinary General Meeting of Shareholders held on March 29, 2018, regarding Oasis Management Company Ltd. proposals, among which are: (i) Dismissal of one director "we propose to dismiss Director Kimiya Sano", (ii) Proposal No. 7 about Partial amendment of articles of incorporation,: "we propose to increase the number of directors from 10 to 12", (iii) Proposal No. 8 about Appointment of one director: "we propose to appoint Akira Hirata as a member of the board", (iv) Proposal No.

9 about Appointment of one director: "we propose to appoint Etsuro Nakanishi as a member of the board", (v) Proposal No. 10 Disposal of surplus matters concerning dividends of surplus to shareholders, total amount 127 yen per share of the Company's common stock, total amount 4,472,305,000 yen with effective date on March 31, 2018, (vi) Proposal No. 11 about Partial Amendment of Articles of Incorporation, establish a new chapter in the Articles of Incorporation entitled "Management with ROE in mind".

All of mentioned Proposals have been rejected through shareholders Voting.