Seiko Epson : Notice of Resolutions the 81th Ordinary General Meeting of Shareholders

(Note) This document has been translated from the Japanese original for reference purposes only. If there is any discrepancy between the Japanese original and the translated document, the original Japanese document shall prevail.

(Translation)

Notice of Resolutions

The 81st Ordinary General Meeting of Shareholders

June 27, 2023

Dear Shareholders:

We are pleased to announce that the matters below were reported and resolved at the 81st Ordinary General Meeting of Shareholders of Seiko Epson Corporation (the "Company") held on June 27, 2023.

Sincerely yours,

Yasunori Ogawa

President and Representative Director

Seiko Epson Corporation

4-1-6 Shinjuku, Shinjuku-ku, Tokyo

Matters Reported:

1. Report on the business reports, the consolidated financial statements and the reports of the Financial Auditors and of the Audit & Supervisory Committee regarding the consolidated financial statements for the fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023).
2. Report on the non-consolidated financial statements for the fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023).

Matters Resolved:

Proposal 1: Appropriation of Surplus

This proposal was approved and resolved as originally proposed. A year-end cash dividend of 31 yen per share and supplement it with an anniversary dividend of 10 yen per share, for a total of 41 yen per share was approved.

Proposal 2: Partial Amendments to the Articles of Incorporation

This proposal was approved and resolved as originally proposed.

Proposal 3: Election of Six Directors Who Are Not Audit & Supervisory Committee Members

This proposal was approved and resolved as originally proposed.

Minoru Usui, Yasunori Ogawa, Tatsuaki Seki, Mari Matsunaga, Tadashi Shimamoto and Masaki Yamauchi were elected and all assumed their offices as Directors who are Not Audit & Supervisory Committee Members.

Proposal 4: Bonus to Directors Who Are Not Audit & Supervisory Committee Members

This proposal was approved and resolved as originally proposed. Bonuses paid will total 110,190,000 yen, the total to be allocated to the three Directors who are not Audit & Supervisory Committee Members, excluding Officers who do not have executive duties (Chairman and Director without the right of representation and Outside Directors) as of March 31, 2023.

The beneficiaries, total amount of the bonus payment, and amount paid to each Director in this proposal have been determined after consideration by the Director Compensation Committee, which is chaired by an Outside Director and the majority of which is composed of Outside Directors.

• Reference ）Directors, Executive officers (excludes executive officers jointly holding directorships) and Special Audit & Supervisory Officer of the Company after June 27, 2023

1. Directors
Minoru Usui	Chairman and Director
Yasunori Ogawa	President and Representative Director
Tatsuaki Seki	Representative Director, Senior Managing Executive Officer
Mari Matsunaga	Director*
Tadashi Shimamoto	Director*
Masaki Yamauchi	Director*
Masayuki Kawana	Director, Full-Time Audit & Supervisory Committee Member
Yoshio Shirai	Director*, Audit & Supervisory Committee Member
Susumu Murakoshi	Director*, Audit & Supervisory Committee Member
Michiko Ohtsuka	Director*, Audit & Supervisory Committee Member

Note: Director* is an Outside Director as stipulated in Article 2, Item 15 of the Companies Act.

2. Executive officers (excludes executive officers jointly holding directorships)

Junichi Watanabe	Managing Executive Officer
Akihiro Fukaishi	Executive Officer
Nobuyuki Shimotome	Executive Officer
Hitoshi Igarashi	Executive Officer
Keith Kratzberg	Executive Officer
Isamu Otsuka	Executive Officer

Eiichi Abe	Executive Officer
Kazuhiro Ichikawa	Executive Officer
Keijiro Naito	Executive Officer
Yoshifumi Yoshida	Executive Officer
Andrea Zoeckler	Executive Officer
Yoshiro Nagafusa	Executive Officer
Satoru Hosono	Executive Officer
Fuminori Suzumura	Executive Officer
Akifumi Takei	Executive Officer
Junkichi Yoshida	Executive Officer
Samba Moorthy	Executive Officer
Yoichi Yamada	Executive Officer
Tomoo Takaso	Executive Officer
Yasunori Yoshino	Executive Officer
Toshiaki Miyasaka	Executive Officer
Masashi Hayashi	Executive Officer
Masaharu Mizukami	Executive Officer
Toshihiko Kobayashi	Executive Officer
Siew Jin Kiat	Executive Officer
Sunao Murata	Professional Officer
3. Special Audit & Supervisory Officer
Yoshihiro Mizoguchi	Special Audit & Supervisory Officer