Nippon Sheet Glass : Notice of Convening the 157th Ordinary General Meeting of Shareholders

Note: This document is a translation for the convenience of non-Japanese speakers. In the event of any discrepancy between this translation and the original Japanese document, the latter shall prevail.

Notice of Convening

The 157th

Ordinary General Meeting

of Shareholders

• We will be streaming live via the Internet so that you can watch the General Meeting of Shareholders from the comfort of your home or other locations.
• Questions may also be submitted in advance via the Internet.
  For details, please refer to pages 6 to 7 of this Notice of the Ordinary General Meeting of Shareholders.

Nippon Sheet Glass Company, Limited

Securities Code: 5202

Date and Time:

10:00 A.M., Thursday, 29 June 2023 (Reception to open from 9:00 A.M.)

Venue:

The Grand Hall

Shinagawa Grand Central Tower 3rd floor, 16-4, Konan 2-Chome,Minato-ku, Tokyo

(Please refer to the "Map of the Venue for the Ordinary General Meeting of Shareholders" attached at the end.)

Matters to be Resolved:

Proposal : Election of Seven Directors

Deadline to exercise the voting rights in writing or via the Internet:

5:45 P.M. (Japan time) Wednesday, 28 June 2023

Contents

• Notice of Convening the 157th Ordinary

	General Meeting of Shareholders	1
◼ Reference Materials to Proposals	8
	Proposal : Election of Seven Directors
◼	Business Report	21
◼	Consolidated Financial Statements	59
◼	Financial Statements	62

Our Vision" comprises the Mission (core purpose), Aspiration (desired future position) and Core Values (the basis on which we work and conduct ourselves). With "Our Vision," NSG Group is striving to realize a sustainable society by offering new values and services with glass swiftly and appropriately to meet the growing needs of our customers and society.

Securities Code: 5202 7 June 2023 (Start date of electronic provisioning measures 31 May 2023)

Shigeki Mori Director, Representative Executive Officer, Chairperson of the Company

Nippon Sheet Glass Co., Ltd. 5-27, Mita 3-Chome,Minato-ku, Tokyo

Notice of Convening the 157th Ordinary General Meeting of Shareholders

Dear Shareholders,

Thank you for your continuing support and patronage of NSG Group.

As described below, this is to notify you of the forthcoming 157th Ordinary General Meeting of Shareholders of the Company.

In convening the 157th Ordinary General Meeting of Shareholders, the Company has taken measures for providing the information that constitutes the content of reference materials for the General Meeting of Shareholders, etc., in electronic format as "Notice of the 157th Ordinary General Meeting of Shareholders" and "Items to be provided electronically (matters omitting delivery documents)". To review the information, please access either of the websites below.

NSG website

Website for the the 157th Ordinary General Meeting of Shareholders

https://www.nsg.com/en/investors/ir- library/shareholders-meeting

Tokyo Stock Exchange (TSE) website

Listed Company Search

https://www2.jpx.co.jp/tseHpFront/JJK020010A

ction.do?Show=Show

Please access the TSE website, and search by "Nippon Sheet Glass" or "Ticker code (5202)", select "Basic information" and then "Document for public inspection/PR information" to review filed information.

The shareholders meeting is live-streamed on the Internet (For details on how to watch the meeting, please refer to " Information on Live Streaming of the General Meeting of Shareholders via the Internet and Acceptance of Questions in Advance " on page 6 to 7).

You remain capable of exercising your voting rights either in writing or by electronic or magnetic means (via the Internet), so even in the case of your absence from the meeting, we would much appreciate it if you could take your time to review and consider the "Reference Materials to Proposals at the General Meeting of Shareholders" below, and then exercise your voting rights according to the explanations and instructions described in page 4 to 5 by no later than 5:45 P.M. (Japan time) of 28 June (Wed.) 2023.

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	Note:
1. Date and Time	10:00 A.M., Thursday, 29 June 2023
2. Venue	The Grand Hall
	Shinagawa Grand Central Tower 3rd floor, 16-4, Konan 2-Chome,Minato-ku, Tokyo
	(Please refer to the "Map of the Venue for the Ordinary General Meeting of
	Shareholders" attached at the end.)
3. Agenda	Matters to be Noted
	1. Business Report, Reports of the Consolidated Financial Statements, and Audit
	Reports of the Accounting Auditor and the Audit Committee on the
	Consolidated Financial Statements, for the 157th fiscal period from 1 April
	2022 to 31 March 2023
	2. Reports of the Financial Statements for the 157th fiscal period from 1 April
	2022 to 31 March 2023
	Matters to be Resolved
	Proposal : Election of Seven Directors
	End

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Other Matters related to this Convening

• Shareholders who requested the delivery of meeting materials in paper format by the reference date will receive a written document that constitutes the content of the matters provided electronically for the General Meeting of Shareholders. The following matters are not stated on this document based on the laws and Article 14 of the Articles of Incorporation and are posted on the Company's website and TSE website above-mentioned.
• • 
    -Business Report "Matters Related to the Stock Acquisition Rights, etc."," Systems to Secure appropriateness of businesses"
  • Consolidated Financial Statements "Consolidated Statement of Changes in Equity", "Notes to the Consolidated Financial Statements",
  • Financial Statements "Statement of Changes in Net Assets" and "Notes to the Financial Statements"
    Accordingly, those Business Report, Consolidated Financial Statements and Financial Statements included in the document are a part of the subject documents audited by the Accounting Auditor and the Audit Committee in the course of their conduct of audit in order to prepare for and produce their respective audit reports.
• If any revision of information that constitutes the content of reference materals provided electronically for the General Meeting of Shareholders, matters before and after amendment will be posted on the the websites of the Company as well as TSE mentioned above.
• Any changes in the operation of this Ordinary General Meeting of Shareholders shall be notified on the the Company's website mentioned above.
• Voting results of the meeting will be filed and shown via EDINET (https://disclosure2.edinet-fsa.go.jp/) in the form of an Extraordinary Report (in Japanese only), and also disclosed on website at https://www.nsg.com/(in English) and at https://www.nsg.co.jp/(in Japanese). You are kindly asked to acknowledge and confirm that these actions are intended to operate as substitute for the issue and posting of a resolution notice.

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