SMC : Notice of Resolution of the 64th Annual General Meeting of Shareholders

(Translation for Reference Purpose Only) June 29, 2023

Dear Shareholders,

Notice of Resolution of

the 64th Annual General Meeting of Shareholders

We are pleased to announce that the matters below were reported and resolved at the 64th Annual General Meeting of Shareholders of SMC Corporation held today.

Sincerely,

Yoshiki Takada

President

SMC Corporation

4-14-1,Soto-Kanda,Chiyoda-ku, Tokyo

1. Matters to be reported Reported items:
   Business Report, Consolidated and Non-Consolidated Financial Statements, and Audit Report for Consolidated Financial Statements by the Accounting Auditors and the Board of Corporate Auditors for the 64th fiscal year (April 1, 2022 to March 31, 2023)
2. Matters to be resolved

Item 1. Dividend of Surplus

This item was approved as presented.

The dividend of surplus for the 64th fiscal year will be distributed as follows: 450 yen per share on the Company's common shares.

Total amount: 29,026,452,150 yen

Effective date: June 30, 2023

Item 2. Election of 12 Directors

This item was approved as presented.

The following 12 persons were elected as Directors and they accepted assumption of their offices respectively:

[Re-elected]

Yoshiki Takada, Yoshitada Doi, Toshio Isoe, Masahiro Ota, Susumu Maruyama, Samuel Neff, Koji Ogura, Kelley Stacy, Masanobu Kaizu (*), Toshiharu Kagawa (*), Yoshiko Iwata (*), and Kyoichi Miyazaki (*)

(*) = Outside Director

Item 3. Election of 3 Corporate Auditors This item was approved as presented.

The following 3 persons were elected as Corporate Auditors and they accepted assumption of their offices respectively:

[Newly elected] Takemasa Chiba

[Re-elected]

Arata Toyoshi (*), Haruya Uchikawa (*)

(*) = Outside Corporate Auditor

Item 4. Election of Accounting Auditors This item was approved as presented.

Ernst & Young ShinNihon LLC was elected as Accounting Auditor and it accepted assumption of its office:

Item 5. Amendments to and Continuation of Stock Compensation Plan for Directors This item was approved as presented.

Expansion and continuation of the stock compensation plan (stock benefit trust) for directors were determined.

END