Sakata Seed : Notice of Convocation of the 82nd General Meeting of Shareholders（174.5KB）

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: 1377 August 10, 2023

To Shareholders

Hiroshi Sakata, President and Representative

SAKATA SEED CORPORATION

2-7-1 Nakamachidai, Tsuzuki-ku,Yokohama-City,

Kanagawa

Notice of Convocation of the 82nd General Meeting of Shareholders

In convening this General Meeting of Shareholders, Sakata Seed Corporation (the "Company") takes measures for providing in an electronic format the information that constitutes the content of reference documents for the general meeting of shareholders, etc. (matters for which measures for providing information in an electronic format are taken) and posts the information on the following websites. Please visit either of these websites to confirm details.

The Company's website: https://corporate.sakataseed.co.jp/ir/stock/meeting.html (in Japanese)

Website for informational materials for the general meeting of shareholders https://d.sokai.jp/1377/teiji/ (in Japanese)

Time/Date	10:00 a.m., Wednesday, August 30, 2023
Place	Room Nichirin, 5th Floor, Yokohama Bay Sheraton Hotel & Towers
1-3-23 Kitasaiwai, Nishi-ku, Yokohama, Kanagawa
	Matters to be reported
	1. Business report and consolidated financial statements for the 82nd fiscal year (from
	June 1, 2022 to May 31, 2023), and
	the audit reports of the consolidated financial statements for the same fiscal year by
	the financial auditor and the Audit & Supervisory Board
Agenda items	2. Non-consolidated financial statements for the 82nd fiscal year (from June 1, 2022
to May 31, 2023)
	Matters to be resolved
	Proposal No. 1 Appropriation of Surplus
	Proposal No. 2 Election of Nine Directors
	Proposal No. 3 Election of One Substitute Audit & Supervisory Board Member

• Paper-baseddocuments stating matters for which measures for providing information in an electronic format are taken are sent to shareholders who have requested the delivery of paper-based documents, however those documents do not include the following matters in accordance with the provisions of laws and regulations and Article 16 of the Company's Articles of Incorporation.
• 1. Notes to the Consolidated Financial Statements
  2. Notes to the Non-Consolidated Financial Statements

Accordingly, the business report, consolidated financial statements, and non-consolidated financial statements included in this document are part of the documents included in the scope of audits by the Financial Auditor in preparing its independent auditor's report and by the Audit & Supervisory Board Members in preparing their audit deport.

• If the voting form (by postal mail) is submitted with no indication of either "approval" or "disapproval" for each proposal, the shareholders in question shall be deemed to have indicated "approval" for each proposal.
• If revisions to the matters for which measures for providing information in an electronic format are taken arise, a notice of the revisions and the details of the matters before and after the revisions will be posted on the Company's aforementioned website and the website for informational materials for the general meeting of shareholders.
• Please note that non-shareholders such as proxies and those who accompany shareholders are not allowed to attend the meeting.
• In principle, photography as well as audio and/or video recording are not permitted at the venue of the general meeting of shareholders. Thank you for your cooperation.
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Reference Documents for the General Meeting of Shareholders

Proposal No. 1 Appropriation of Surplus

The Company considers the return of profits to shareholders an important management issue, and our basic policy is to provide stable and ongoing profit distribution.

For the year-end dividend for the 82nd fiscal year, since profit attributable to owners of parent for the fiscal year ended May 31, 2023 significantly exceeded the previously announced earnings forecasts, the Company has upwardly revised the dividend forecast previously announced by ¥5, proposing a year-end dividend of ¥35 per share, based on the above basic policy. As a result, the annual dividend per share, including the interim dividend of ¥20 per share already paid, will be ¥55 per share, an increase of ¥10 per share from the previous fiscal year.

Year-end dividends

Form of dividend distribution	To be paid in cash
Distribution of dividends and the total	¥35 per common share of the Company
amount	Total dividend payout:	¥1,554,145,775
Effective date of dividend distribution	August 31, 2023

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Proposal No. 2 Election of Nine Directors

The terms of office for all eight Directors will expire at the conclusion of this General Meeting of Shareholders. Therefore, the Company proposes the election of nine Directors.

The candidates for Directors are as follows.

Candidate	Attribute	Name	Tenure	Current position and responsibilities in the
No.	Company
1	Reelection	Hiroshi Sakata	25 years	President and Representative
				Director, Managing Executive Officer
2	Reelection	Risho Uchiyama	13 years	Supervisor for Supply Chain Div.
Supervisor for Domestic Sales & Marketing
				Div.
				Director, Managing Executive Officer
3	Reelection	Tsutomu Kagami	12 years	Supervisor for Overseas Sales & Marketing
				Div.
4	Reelection	Kazuo Kuroiwa	8 years	Director, Managing Executive Officer
Supervisor for Corporate Management Div.
				Director, Managing Executive Officer
5	Reelection	Toshihiko Furuki	8 years	Supervisor for Research & Development Div.
				Supervisor for General Administration Div.
				Senior Executive Officer
6	New election	Zen Takamiya	-	Senior General Manager of General
				Administration Div.
	Reelection
7	Outside	Kunihiko Sugahara	10 years	Director
Independent
	officer
	Reelection
8	Outside	Yukimasa Ozaki	4 years	Director
Independent
	officer
	Reelection
9	Outside	Masako Watanabe	2 years	Director
Independent
	officer
Reelection: candidate for Director to be reelected
New election: candidate for Director to be newly elected
Outside: candidate for Outside Director
Independent officer: independent officer as defined by the securities exchange, etc.

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Candidate	Name			Number of the
Career summary, position and responsibilities in the Company	Company's shares
No.	(Date of birth)
		owned
		May 1981	Joined the Company
		Mar. 1990	Managing Director of Sakata Seed Europe B.V.
			(Currently European Sakata Holding S.A.S.)
		Apr. 1995	General Manager of Horticultural Supply
	Hiroshi Sakata		Business Dept. of the Company
	(February 14, 1952)	Aug. 1997	General Manager of Administrative Office
		Aug. 1998	Director
	Reelection	Aug. 2005	Managing Director, Senior General Manager of
			General Administration Div.	157,505 shares
	Tenure as Director: 25 years	Jun. 2007	President and Representative, Chief Executive
	Attendance at Board of		Officer
1	Jun. 2017	President and Representative (current position)
Directors meetings	May 2019	Representative Director of The Sakata
	20/20		Foundation. (current position)
		Mar. 2022	Supervisor for Domestic Sales & Marketing
			Div. of the Company
		Significant concurrent positions outside the Company
		Representative Director of The Sakata Foundation.
	Reasons for nomination as a candidate for Director
	Hiroshi Sakata has been involved in the operations of the General Administration Division, including the Corporate
	Planning Department, and in the management of overseas subsidiaries, and currently serves as President and
	Representative. Mr. Sakata is nominated as a candidate for Director because he has abundant business experience in the
	Company and knowledge relating to global management and administrative operations of a seed company, and is
	expected to continue to fulfill the responsibilities of a Director.
		Apr. 1984	Joined the Company
		Jul. 1998	Manager of Fukuoka Sales Office
		Aug. 2002	General Manager of Vegetable Business Dept.
		Jun. 2007	Executive Officer
		Jun. 2009	General Manager of Vegetable Business Dept.
			and Horticultural Supply Business Dept.
		Aug. 2010	Director, Executive Officer, Senior General
			Manager of Domestic Wholesales & Marketing
	Risho Uchiyama		Div., General Manager of Horticultural Supply
	(January 29, 1962)		Business Dept.
		Jun. 2013	Senior General Manager of Domestic
	Reelection		Wholesales & Marketing Div., Supervisor for
			Production & Logistics Div.	11,790 shares
	Tenure as Director: 13 years	Aug. 2013	Managing Director, Managing Executive
	Attendance at Board of		Officer
2	Jun. 2015	Supervisor for Domestic Wholesales &
Directors meetings		Marketing Div., Supervisor for Production &
	20/20		Logistics Div.
		Jun. 2017	Managing Director
		Jun. 2021	Director, Managing Executive Officer,
			Supervisor for Supply Chain Div. (current
			position)
		Jun. 2023	Supervisor for Domestic Sales & Marketing
			Div. (current position)
		Significant concurrent positions outside the Company
		-
	Reasons for nomination as a candidate for Director
	Risho Uchiyama has been involved in the operations of the Domestic Sales & Marketing Division and currently serves
	as Director, Managing Executive Officer. Mr. Uchiyama is nominated as a candidate for Director because he has
	abundant business experience in the Company, such as being a supervisor for the Domestic Sales & Marketing Division
	and the Supply Chain Division, and knowledge relating to regional management, and seed production and supply, and is
	expected to continue to fulfill the responsibilities of a Director.

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Candidate	Name			Number of the
Career summary, position and responsibilities in the Company	Company's shares
No.	(Date of birth)
		owned
		Apr. 1987	Joined the Company
		Aug. 2002	General Manager of Research & Development
			Div.
		Jun. 2007	Executive Officer
	Tsutomu Kagami		Senior General Manager of Research &
		Development Div.
	(January 17, 1962)
	May 2008	Senior General Manager of Research &
	Reelection		Development Div., Manager of Genetic
		Resources Dept.
	Tenure as Director: 12 years	Aug. 2011	Director, Executive Officer	8,794 shares
	Aug. 2013	Managing Director, Managing Executive
3	Attendance at Board of		Officer
Aug. 2015	Chief Assessment Officer of Internal Control
Directors meetings
	Jun. 2017	Managing Director
	20/20
	Jun. 2021	Director, Managing Executive Officer,
			Supervisor for Overseas Sales & Marketing
			Div. (current position)
		Significant concurrent positions outside the Company
		-
	Reasons for nomination as a candidate for Director
	Tsutomu Kagami has been involved in the operations of the Research & Development Division and the evaluation of
	internal controls, and currently serves as Director, Managing Executive Officer. Mr. Kagami is nominated as a
	candidate for Director because he has abundant business experience in the Company and knowledge relating to R&D
	work and administrative operations based on a global perspective, and is expected to continue to fulfill the
	responsibilities of a Director.
		Apr. 1985	Joined the Company
		Sep. 2001	Deputy General Manager of Corporate
	Kazuo Kuroiwa		Planning Office
	(January 21, 1959)	Jun. 2007	General Manager of Corporate Planning Office
		Jun. 2011	Executive Officer
	Reelection	Aug. 2015	Director, Executive Officer
	Tenure as Director: 8 years	Jun. 2016	Senior General Manager of Corporate	5,267 shares
		Management Div.
	Attendance at Board of	Jun. 2017	Director, Senior Executive Officer
4	Jun. 2021	Director, Managing Executive Officer,
Directors meetings		Supervisor for Corporate Management Div.
	20/20		(current position)
		Significant concurrent positions outside the Company
		-
	Reasons for nomination as a candidate for Director
	Kazuo Kuroiwa has experience in overseas assignments, and has also been involved in the operations of the Corporate
	Management Division, including the Corporate Planning Department, and currently serves as Director, Managing
	Executive Officer. Mr. Kuroiwa is nominated as a candidate for Director because he has abundant business experience
	in the Company and knowledge relating to administrative operations based on a global perspective, and is expected to
	continue to fulfill the responsibilities of a Director.

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