ULVAC : Notice of the 119th ordinary general meeting of shareholders

These documents have been translated from Japanese originals for reference purposes only.

In the event of any discrepancy between these translated documents and the Japanese originals, the originals shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translations.

(Securities Code 6728)

September 6, 2023

To Shareholders with Voting Rights:

Setsuo Iwashita

President and Chief Executive

Officer

ULVAC, Inc.

2500 Hagisono, Chigasaki,

Kanagawa, Japan

NOTICE OF

THE 119TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

We hereby announce that the 119th Ordinary General Meeting of Shareholders of ULVAC, Inc. (the "Company") will be held for the purposes as described in the next page.

In convening this General Meeting of Shareholders, the Company has adopted measures for the electronic provision of information contained in the reference documents for the general meeting of shareholders, etc. (the "matters subject to electronic provision measures") and has posted this information on the Company's website. Please access the following website to review the documents.

The Company's website: https://ir.ulvac.co.jp/en/ir/stock/meeting.html

In addition to the above, the documents have also been posted on the following websites:

Tokyo Stock Exchange (TSE) website (Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

(Access the abovementioned TSE website and enter "ULVAC" or "6728" in the "Issue name (company name)" or "Code" and click "Search," then select "Basic information" and "Documents for public inspection/PR information." The documents can be found in the "Notice of General Shareholders Meeting / Information Materials for a General Shareholders Meeting" section under "Filed information available for public inspection.")

Sumitomo Mitsui Trust Bank website (The Portal of Shareholders' Meeting): https://www.soukai-portal.net (available in Japanese only)

* The QR code is printed on the Voting Rights Exercise Form.

(Please scan the QR code on the enclosed Voting Rights Exercise Form or enter "The Portal of Shareholders' Meeting Login ID" and "Password" printed on the Voting Rights Exercise Form.)

Please review the "Reference Documents for the General Meeting of Shareholders" included herein, and exercise your voting rights by 5:00 p.m. on Wednesday, September 27, 2023, Japan time, by following the procedure as described in pages 4 to 5.

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

2. Place:	2nd Floor Conference Room of the C Building of the Company
	located at 2500 Hagisono, Chigasaki, Kanagawa, Japan

3. Meeting Agenda:

Matters to be reported: 1. The Business Report, Consolidated Financial Statements for the Company's

119th fiscal year (July 1, 2022 - June 30, 2023) and results of audits by the Independent Auditor and the Board of Corporate Auditors of the Consolidated Financial Statements

2. Non-consolidated Financial Statements for the Company's 119th fiscal year (July 1, 2022 - June 30, 2023)

Proposals to be resolved:

Proposal No. 1: Appropriation of Surplus

Proposal No. 2: Election of Six Directors

Proposal No. 3: Election of Two Corporate Auditors

Proposal No. 4: Election of One Substitute Auditor

4. Information on Exercise of Voting Rights, etc.

Please refer to "Information on Exercise of Voting Rights, etc." described on the following page.

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• The doors to the meeting room will open at 9:00 a.m., Japan time.
• When attending the meeting, please submit the enclosed Voting Rights Exercise Form at the reception desk.
• Revisions, if any, to the matters subject to electronic provision measures, will be posted on each of the websites on which the measures for electronic provision are taken, indicating the matters both before and after the revisions.
• For this General Meeting of Shareholders, regardless of whether or not delivery of documents is requested by a shareholder, we will send all shareholders the written documents containing the matters subject to electronic provision measures. The following matters are not included in such documents in accordance with laws and regulations and Article 16 of the Articles of Incorporation of the Company:
• 1. Notes to Consolidated Financial Statements
  2. Notes to Non-consolidated Financial Statements

Consequently, the consolidated financial statements and non-consolidated financial statements included in such documents are a portion of the documents audited by the Independent Auditor and Corporate Auditors in the preparation of their Audit Reports.

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Information on Exercise of Voting Rights, etc.

Voting rights at the General Meetings of Shareholders are important rights of shareholders. Please exercise your voting rights having fully examined the following Reference Documents for the General Meeting of Shareholders. The following three methods are available to exercise your voting rights.

Attendance at General Meeting of Shareholders

When you attend the General Meeting of Shareholders, please submit the enclosed Voting Rights Exercise Form at the reception desk.

Date and time of the General

Meeting of Shareholders:

Thursday, September 28, 2023 at

10:00 a.m. Japan time

Exercise of voting rights in

writing (via mail)

Please indicate your vote for or against each proposal on the enclosed Voting Rights Exercise Form and send the form by postal mail.

Deadline for

exercising voting rights:

To be received no later than

5:00 p.m., Wednesday,

September 27, 2023, Japan time

Exercise of voting rights via

the Internet, etc.

Please follow the directions on page 5 to vote for or against each proposal (available in Japanese only).

Deadline for

exercising voting rights:

Must finish input by 5:00 p.m., Wednesday, September 27, 2023, Japan time

If you do not indicate your vote for or against a proposal on your Voting Rights Exercise Form, your vote will be deemed as a vote in favor.

In the event that you exercise your voting rights both in writing (via mail) and via the Internet, etc. only your exercise of voting rights via the Internet, etc. will be considered valid. In the event that you exercise your voting rights via the Internet, etc. multiple times, then only your final exercise of voting rights via the Internet, etc. will be considered valid.

Institutional investors can electronically exercise their voting rights for this meeting from the "Electronic Voting System Platform" operated by ICJ, Inc.

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Guidance on Exercise of Voting

Rights via the Internet, etc.

Deadline for exercising voting rights

on the Internet:

5:00 p.m., Wednesday, September 27, 2023

Exercise of Voting Rights via Smartphones, etc.

❶ Scan the QR code printed on the	❷ Tap the "Exercise Voting Rights"	❸ Once the screen for exercising voting
	Voting Rights Exercise Form.	button on the top page of the Portal of	rights is displayed, enter your vote for or
				Shareholders' Meeting.	against the proposals following the on-
							screen instructions.

* The "QR Code" is a trademark of DENSO WAVE INCORPORATED.

Exercise of Voting Rights via PCs, etc.

Access the following URL and enter "The Portal of Shareholders' Meeting Login ID" and "Password" printed on the Voting Rights Exercise Form. After logging in, enter your vote for or against the proposals following the on-screen instructions.

Sumitomo Mitsui Trust Bank website

(The Portal of Shareholders' Meeting) URL ▶https://www.soukai-portal.net

Click "Exercise Voting Rights"!

Also, you may continue to use the voting rights exercise website. ▶https://www.web54.net

Precautions････････････････････････････････････････････････････････････････････

• If you wish to change your vote after exercising your voting rights, you will need to enter the "The Portal of Shareholders' Meeting Login ID" and "Password" printed on the Voting Rights Exercise Form.
• In the event that you exercise your voting rights both in writing and via the Internet, etc., only your exercise of voting rights via the Internet, etc. will be considered valid. In the event that you exercise your voting rights via the Internet, etc. multiple times, your final exercise of voting rights will be considered valid.

For Inquiry
Stock Transfer Agency
Web Support Helpdesk,
Sumitomo Mitsui Trust Bank
0120-652-031
Please also read Q&A.
(Business hours:	(available in Japanese only)
9:00 a.m. to 9:00 p.m.)

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