Nissui : Notice of the 108th Ordinary General Shareholders' Meeting (1.87MB)

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. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

Greeting

I would like to express my sincere gratitude for shareholders' continued support and patronage. Enclosed please find the Notice of the 108th Ordinary General Shareholders' Meeting.

In 2022, Nippon Suisan Kaisha, Ltd. clarified our "vision for 2030" as a goal of "Aiming to become a leading company that delivers friendly foods both for people and the earth" (long-term vision) after redefining our mission based on the "Founding Principles & 5 Genes" and our "Declaration on Action of Sustainability."

In FY2022, the first year of the Mid-term Business Plan "Good Foods Recipe 1" (from FY2022 to FY2024) which is serving as our first step on the road toward achieving the long-term vision, we showed improvement in sectors such as our Feed and Aquaculture Department and set new records for historical performance with a 10% increase in net sales and a 22% increase in profit. Furthermore, we were able to increase the year-end dividend and the interim dividend each by 2 yen per share, resulting in a total year-on-year increase in the annual dividend of 4 yen per share.

Moving forward, we will continue to strive to improve our corporate value by promoting "sustainability management" that creates value for a sustainable society with consideration for our multi-stakeholders and while strengthening "business portfolio management" that concentrates management resources in growth fields.

We would like to ask for continued support from all shareholders.

Shingo Hamada

Representative Board Member,

President & CEO

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On December, 2022, "Nippon Suisan Kaisha Ltd." became "Nissui Corporation".

The new trade name defines that we are exploring the innovative food solutions beyond the Marine Products (Suisan) business to provide the better food choices.

We have been and will continue to create innovative foods by harnessing the power of our pioneering spirit and industry expertise.

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Securities code: 1332

June 9, 2023

(Start date of measures for electronic provision: May 31,2023)

To Shareholders with Voting Rights:

Shingo Hamada

Representative Board Member and

President

Nissui Corporation

1-3-1,Nishi-Shimbashi,Minato-ku,

Tokyo, Japan

NOTICE OF

THE 108th ORDINARY GENERAL SHAREHOLDERS' MEETING

We are pleased to inform you that the 108th Ordinary General Shareholders' Meeting (this "Meeting") of Nissui Corporation (the "Company," together with its subsidiaries, the "Group") will be held as described below.

In convening the General Meeting of Shareholders, the Company has taken measures for electronic provision, and the matters to which electronic provision measures apply are posted on each website on the Internet below.

◼ The Company's Website https://www.nissui.co.jp/english/ir/share_information/meeting.html

• Tokyo Stock Exchange (TSE) Website https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show
  Please access the TSE website above, enter the Company name or Security code to search, and select "Basic information" and then "Documents for public inspection/PR information" to view the available information.

If not attending the Meeting in person, shareholders can exercise their voting rights in writing or via the Internet, etc. Please review the following reference documents and exercise your voting rights in accordance with the guidance on page 6 of the Japanese version of this Notice.

In addition, visualized documents of the matters to be reported with graphs and charts will be posted on the Company's website by around Wednesday, June 14, 2023. As stated below, we will invite questions from shareholders in advance and post our response to matters of high interest to our shareholders on our website.

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1. Date and Time: Wednesday, June 28, 2023 at 10:00 a.m. Japan time

2. Place:	Royal Hall, 3rd floor, Royal Park Hotel
	2-1-1Nihonbashi-Kakigara-cho,Chuo-ku, Tokyo, Japan

3. Meeting Agenda:

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

Company's 108th Fiscal Year (April 1, 2022 - March 31, 2023) and the results of audits of the Consolidated Financial Statements by the Independent Auditor and the Audit & Supervisory Board

2. Non-consolidated Financial Statements for the Company's 108th Fiscal Year (April 1, 2022 - March 31, 2023)

Proposals to be resolved:

Proposal 1: Election of Nine (9) Board Members

Proposal 2: Election of One (1) Audit & Supervisory Board Member

• Based on provisions in laws, regulations, and the Company's Articles of Incorporation, the Company posts the Consolidated Statements of Changes in Net Assets and Notes to the Consolidated Financial Statements of the Consolidated Financial Statements, as well as Non-consolidated Changes in Net Assets and Notes to the Non-consolidated Financial Statements of the Non-consolidated Financial Statements, on the websites of Company and the TSE. Therefore, these documents are not contained in the physical documents provided to shareholders who made requests for provision of physical documents. Accordingly, the physical documents provided to shareholders who made requests for provision of physical documents are a part of the documents audited by Audit & Supervisory Board Members and the Independent Auditor in preparing their respective audit reports.
• Any revisions to the matters to which electronic provision measures apply will be posted on the websites of the Company and the TSE listed above.

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