T RAD : Notice of the 121st ordinary general meeting of Shareholders(June 05, 2023)

This document has been translated from the Japanese original for the convenience of non-Japanese shareholders. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.

Securities identification code: 7236

June 5, 2023

To our shareholders:

Tomio Miyazaki

President & CEO & COO

T.RAD Co., Ltd.

3-25-3 Yoyogi, Shibuya-ku, Tokyo 151-0053, Japan

NOTICE OF THE 121ST ORDINARY GENERAL MEETING OF SHAREHOLDERS

This is to notify you of the 121st Ordinary General Meeting of Shareholders of T.RAD Co., Ltd. (the "Company"), which will be held as described below.

When convening this general meeting of shareholders, the Company takes measures for providing information that constitutes the content of reference documents for the general meeting of shareholders, etc. (items for which measures for providing information in electronic format are to be taken) in electronic format, and posts this information as "Notice of the 121st Ordinary General Meeting of Shareholders" on the Company's website. Please access the Company's website by using the internet address shown below to review the information.

The Company's website:

https://www.trad.co.jp/databox/data.php/ir_doc_ja/code (in Japanese)

In addition to posting items subject to measures for electronic provision on the website above, the Company also posts this information on the website of Tokyo Stock Exchange, Inc. (TSE). To access this information from the latter website, access the TSE website (Listed Company Search) by using the internet address shown below, enter "T.RAD" in the issue name (company name) field or "7236" in securities code field, and click "Search," and then click "Basic information" and select "Documents for public inspection/PR information."

TSE website (Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK010010Action.do?Show=Show (in Japanese)

We would appreciate if instead of attending the meeting in person, you exercise your voting rights in writing (by postal mail) or electronically (over the Internet, etc.) after reviewing the Reference Documents for the General Meeting of Shareholders.

[If you are exercising your voting rights in writing]

Indicate your approval or disapproval of the proposals on the Voting Right Exercise Form and return it by postal mail to reach us no later than 5:30 p.m., Monday, June 26, 2023 (Japan Standard Time).

[If you are exercising your voting rights over the Internet, etc.]

Access the Company's designated website for exercising voting rights (https://www.web54.net (in Japanese)) and follow the on-screen instructions to enter your approval or disapproval of the proposal no later than 5:30 p.m., Monday, June 26, 2023 (Japan Standard Time).

Please refer to "Information on exercising your voting rights over the Internet, etc." on page 4 when exercising your voting rights over the Internet, etc.

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Meeting Details

1. Date and time: 10:00 a.m., Tuesday, June 27, 2023 (Japan Standard Time)
2. Venue: 3F Conference Room, Aioi Nissay Dowa Sonpo Shinjuku Bldg. 3-25-3 Yoyogi, Shibuya-ku, Tokyo
3. Purposes:
   Items to be reported:
4. 1. Business Report and Consolidated Financial Statements for the 121st Term (from April 1, 2022 to March 31, 2023) as well as the results of audit of the Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board
   2. Non-ConsolidatedFinancial Statements for the 121st Term (from April 1, 2022 to March 31, 2023)

Items to be resolved:

Proposal 1: Election of six (6) Directors

Proposal 2: Election of two (2) Audit & Supervisory Board Members

1. Information on exercising voting rights
   Refer to "Information on exercising voting rights" on page 3.
2. Items to be resolved upon the Convocation
   Due to the revision of the Company's act, please access each of the above websites and confirm the items of electronic provision system in principle, and only shareholders who have requested the delivery of documents by the record date will be sent in writing, but at the General Meeting of Shareholders, regardless of whether or not there is a request for delivery of documents, a document stating the matter of electronic provision measures will be sent uniformly.
   Note that among the items subject to measures for electronic provision, in accordance with the provisions of laws and regulations and Article 19 of the Company, the following items are not provided in the paper based documents delivered to shareholders who have made a request for delivery of such documents.
   Accordingly, those documents are a part of the documents audited by the Audit & Supervisory Board Members or Accounting Auditor when preparing their audit reports.
3. 1. Consolidated Statement of Changes in Equity of the Consolidated Financial Statements
   2. Notes to Consolidated Financial Statements of the Consolidated Financial Statements
   3. Non-consolidatedFinancial Statements of Changes in Equity of the Non-Consolidated Financial Statements
   4. Notes to Non-Consolidated Financial Statements of the Non-Consolidated Financial Statements

• If you are attending the meeting, please submit the Voting Right Exercise Form at the reception desk.
• Please note that no gift will be provided to the shareholders who attend the General Meeting of Shareholders.
• If revisions to the items subject to measures for electronic provision arise, a notice of the revisions and the details of the items before and after the revisions shall be posted on the Company's website and the TSE website.

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Information on exercising voting rights

Voting rights may be exercised with one of the following three (3) methods.

If you attend the meeting

If you are attending the meeting, please submit the Voting Right Exercise Form at the reception desk.

Date and time:

10:00 a.m., Tuesday, June 27, 2023 (Japan Standard Time)

If you are exercising your voting rights in writing

If you are exercising your voting rights in writing, please indicate your approval or disapproval of the proposal on the Voting Right Exercise Form and return it by postal mail with no stamp affixed.

Deadline for exercising voting rights:

5:30 p.m., Monday, June 26, 2023 (Japan Standard Time; deadline for the reception of the form)

If you are exercising your voting rights over the Internet, etc.

From a PC or smartphone, please access the website for exercising voting rights (https://www.web54.net (in Japanese)), enter the Voting Right Exercise Code and password written on the Voting Right Exercise Form and follow the on-screen instructions to enter your approval or disapproval of the proposal.

Deadline for exercising voting rights:

5:30 p.m., Monday, June 26, 2023 (Japan Standard Time; deadline for entry completion)

• 1. To prevent unauthorized access ("spoofing") from individuals other than the shareholder and falsification of the content of the exercised voting rights, note that the shareholders using this method will be asked to change their passwords on the website for exercising voting rights.
  2. A new Voting Right Exercise Code and password will be provided each time we issue a notice of the General Meeting of Shareholders.
  3. You will be liable for any fees incurred to access the website for exercising voting rights (such as Internet, etc. connection fees and telephone fees).
• If neither approval nor disapproval of each proposal is indicated on the voting form (post), the Company will deem that you indicated your approval of the proposal.
• If you exercise your voting rights multiple times over the Internet, etc., the last time that you have exercised your voting rights will be treated as valid.
• If you exercise your voting rights multiple times with different methods, such as in writing (by postal mail) and over the Internet, etc., the details with which you exercised your voting rights over the Internet, etc. will be treated as valid.

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Information on exercising your voting rights over the Internet, etc.

To exercise your voting rights over the Internet, use a PC or smartphone to access the website for exercising voting rights that is specified by the Company. Then, follow the on-screen instructions to exercise your voting rights.

Website for exercising voting rights https://www.web54.net (in Japanese)

You can also connect to the website for exercising voting rights by reading the 2D code shown in the Japanese original document with a smartphone equipped with a barcode reading function. For details on how to operate this function, see the instruction manual of your smartphone.

Deadline for exercising voting rights: 5:30 p.m., Monday, June 26, 2023 (Japan Standard Time; deadline for entry completion)

Access the website for exercising voting rights.

Enter the Voting Right Exercise Code		Enter the password written on the Voting
written on the Voting Right Exercise Form.		Right Exercise Form.

• Click "Next".		•	Enter the Voting Right Exercise Code.	•	Enter the initial password.
		•	Click "Sign in".	•	Set a new password that you will actually use.
				•	Click "Register".

*The operation screens shown here are for reference purposes only.

Next, follow the on-screen instructions to enter your approval or disapproval.

To our institutional investors

If you apply in advance to use the [Electronic Voting Rights Exercise Platform] operated by ICJ, Inc., you can exercise your voting rights through the platform.

Inquiries regarding exercising your voting rights over the Internet

Sumitomo Mitsui Trust Bank, Limited securities agent web support dedicated phone number

Toll-free number: [phone] (hours of operation: 9:00 a.m. to 9:00 p.m.) (Japan Standard Time)

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Reference Documents for the General Meeting of Shareholders

Proposals and Reference Material

Proposal 1: Election of six (6) Directors

The terms of office of all six (6) Directors will expire at the conclusion of this General Meeting of Shareholders. Accordingly, the Company proposes the election of the following six (6) Directors.

The candidates for Directors are as follows:

No.	Name	Current positions and assignments at the Company
1	Tomio Miyazaki	President & CEO & COO	[Reelection]
		Senior Managing Director
2	Yoshitaka Momose	Supervising Technical Division and North America	[Reelection]
		business
3	Hiromi Kano	Director and Senior Advisor	[Reelection]
			[Reelection]
4	Yoshisada Takahashi	Outside Director	[Outside Director]
			[Independent officer]
			[Reelection]
5	Ryuichi Murata	Outside Director	[Outside Director]
			[Independent officer]
			[New election]
6	Jinning Tu		[Outside Director]
			[Independent officer]

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