Aozora Bank : Notice on Resolutions at the 91st Ordinary General Meeting of Shareholders

[TRANSLATION]

Securities Code: 8304

June 25, 2024

To All Shareholders,

Aozora Bank, Ltd.

1-1, Kojimachi 6-chome,Chiyoda-ku, Tokyo

Hideto Oomi

Representative Director, President and Chief Executive Officer

Notice on Resolutions at the 91st Ordinary General Meeting of Shareholders

The reports provided and resolutions adopted at the 91st Ordinary General Meeting of Shareholders on June 25, 2024 were as follows:

Reports: 1. Business Report, Consolidated Financial Statements and Audit Results of Consolidated Financial Statements by the Accounting Auditor and the Audit & Supervisory Board for the 91st fiscal year (from April 1, 2023 to March 31, 2024)

Details of the above Business Report, Consolidated Financial Statements and Audit Results were reported.

2. Financial Statements for the 91st fiscal year (from April 1, 2023 to March 31, 2024)

Details of the above Financial Statements were reported.

Resolutions:

Proposal No. 1: Appointment of Nine Directors

Mr. Koji Yamakoshi, Mr. Hideto Oomi, Mr. Masayoshi Ohara, Ms. Sakie

Tachibana Fukushima, Mr. Hideyuki Takahashi and Mr. Hideaki Saito were reappointed and reassumed their respective offices of Director as proposed. Mr. Takashi Kato, Mr. Koichi Tadano and Mr. Hiromasa Kawashima were newly appointed as Director, and Mr. Takashi Kato and Mr. Koichi Tadano assumed their respective offices. The appointment of Mr. Hiromasa Kawashima shall be effective upon completion of Daiwa Securities Group Inc.'s payment of the total paid-in amount for the capital increase through the third party allotment to a payment handling financial institution (scheduled payment date : July 1, 2024), pursuant to the Capital and Business Alliance Agreement dated May 13, 2024 between Aozora Bank and Daiwa Securities Group Inc.

Proposal No. 2: Appointment of One Audit & Supervisory Board Member

Mr. Toraki Inoue was reappointed and reassumed his office of Audit &

Supervisory Board Member as proposed.

Proposal No. 3: Appointment of Two Alternate Audit & Supervisory Board Members Mr. Koji Himeno and Mr. Kenzo Oka were appointed to the office of Alternate Audit & Supervisory Board Member as proposed.