Komori : NOTICE OF CONVOCATION OF THE 77TH ANNUAL 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 damages arising from the translations.

(Securities Code 6349) May 29, 2023 Date of commencement of electronic provision measures: May 22, 2023

To: Our Shareholders

Satoshi Mochida

President & Representative Director

Komori Corporation

3-11-1, Azumabashi, Sumida-ku, Tokyo

NOTICE OF CONVOCATION OF

THE 77TH ANNUAL GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

We are pleased to inform you of the 77th Annual General Meeting of Shareholders of Komori Corporation (the "Company") to be held as described below.

In convening this General Meeting of Shareholders, the Company has taken measures for providing information in electronic format (the "electronic provision measures") and has posted the matters subject to the electronic provision measures on the following website on the Internet:

The Company's website https://www.komori.com/ir/en/

The matters subject to the electronic provision measures have been posted on the Tokyo Stock Exchange (TSE) website in addition to the above website. Please access the following TSE website (Listed Company Search), perform a search by entering the issue name (Komori Corporation) or securities code (6349) and select "Basic information" and then "Documents for public inspection/PR information" to review the matters:

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

If you do not attend the Meeting, you may exercise your voting rights via the Internet or in writing. Please review the Reference Documents for the General Meeting of Shareholders, and exercise your voting rights by 5:30 p.m. on Friday, June 16, 2023 (Japan time).

1. Date and Time:Monday, June 19, 2023 at 10:00 a.m. (Japan time)

2. Venue:	Nishiki no ma, 4th floor, TOBU HOTEL LEVANT TOKYO
	1-2-2 Kinshi, Sumida-ku, Tokyo, Japan

3. Agenda of the Meeting:

Matters to be reported: 1. Business Report and Consolidated Financial Statements for the 77th Fiscal

Year (from April 1, 2022 to March 31, 2023) and report on results of audits of the Consolidated Financial Statements by the Accounting Auditors and the Board of Corporate Auditors

2. Non-Consolidated Financial Statements for the 77th Fiscal Year (from April 1, 2022 to March 31, 2023)

Matters to be resolved:

Proposal No. 1: Appropriation of Surplus

Proposal No. 2: Election of Eleven Directors

Proposal No. 3: Election of One Substitute Corporate Auditor

Proposal No. 4: Payment of Bonuses to Directors

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• Of the matters subject to the electronic provision measures, documents delivered to shareholders who made a request for delivery of documents do not include the following matters in accordance with the laws and regulations as well as Article 15 of the Articles of Incorporation of the Company. Accordingly, the aforementioned documents constitute only part of the documents audited by the Corporate Auditors and the Accounting Auditors when preparing their audit reports:
  y Notes to the Consolidated Financial Statements
  y Notes to the Non-Consolidated Financial Statements.
• Any revisions to the matters subject to electronic provision measures will be posted on each website on which the matters are posted.

Notwithstanding that the system for electronic provision of materials for the General Meeting of Shareholders have been implemented following the amendments to the Companies Act, for this Meeting, the Company has delivered the materials for the General Meeting of Shareholders to all of our shareholders as with the previous Meetings, regardless of whether they have requested it or not.

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Reference Documents for the General Meeting of Shareholders

Proposal No. 1: Appropriation of Surplus

The Company considers that returning profits to its shareholders is an important policy. The Company's basic policy is to generate stable shareholder returns that reflect its operating results while improving profitability and maintaining financial soundness.

The Company hereby proposes the appropriation of surplus as follows.

1. Matters concerning year-end dividend

The Company hereby proposes the following year-end dividend for the fiscal year ended March 31, 2023, having taken all factors into consideration such as its basic policy and full-year operating results.

1. Type of dividend property Cash
2. Matters concerning allocation of dividend property to shareholders and total amount thereof 30 yen per share of the Company's common stock
   Total amount: 1,643,212,800 yen
   As an interim dividend of 15 yen has been paid, the annual dividend for the fiscal year ended March 31, 2023 will be 45 yen per share.
3. Effective date of payment of dividend June 20, 2023

2. Other matters concerning appropriation of surplus

There is no relevant information.

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Proposal No. 2: Election of Eleven Directors

The terms of office of all Directors (eleven Directors) will expire upon the close of this General Meeting of Shareholders. Accordingly, the election of eleven Directors is proposed.

The candidates for Directors are as follows:

No.	Name		Positions and responsibilities	Attendance at
	the Board of Directors
				meetings
1	Yoshiharu Komori	(Re-appointment)	Chairman	100%
				13 times / 13 meetings
2	Satoshi Mochida	(Re-appointment)	President, CEO and	100%
			Representative Director	13 times / 13 meetings
3	Eiji Kajita	(Re-appointment)	Senior Managing Director,	100%
			Group General Manager of	13 times / 13 meetings
			European Business Headquarter
4	Masafumi Yokoyama	(Re-appointment)	Senior Managing Director,	100%
			Head of Management Planning	13 times / 13 meetings
			Office and Officer in charge of
			Personnel and General Affairs
			Division
5	Koichi Matsuno	(Re-appointment)	Managing Director,	100%
			Group General Manager of Offset	13 times / 13 meetings
			Business Group and Tsukuba Plant
6	Isao Funabashi	(Re-appointment)	Director, Senior Operating Officer,	100%
			Group General Manager of DPS	13 times / 13 meetings
			Business Unit and Technical
			Management Group
7	Iwao Hashimoto	(Re-appointment)	Director, Senior Operating Officer,	100% *
			Group General Manager of	10 times / 10 meetings
			Administration Group
8	Harunobu Kameyama	(Re-appointment)		92%
		(Outside)	Director	12 times / 13 meetings
		(Independent)
9	Masataka Sugimoto	(Re-appointment)	Director	100%
		(Outside)	13 times / 13 meetings
		(Independent)
10	Toshiro Maruyama	(Re-appointment)	Director	100%
		(Outside)	13 times / 13 meetings
		(Independent)
11	Koji Yamada	(New appointment)		Not applicable because
		(Outside)	-	Mr. Yamada is a
		(Independent)	candidate for a new
				Director

• Mr. Iwao Hashimoto's Attendance at the Board of Directors meetings indicates the attendance since his appointment to Director on June 20, 2022.

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	Name			Number of
No.		Career summary, positions and responsibilities	shares of the
(Date of birth)
			Company held
		April 1962	Joined the Company
		June 1967	Director
		August 1979	Managing Director
		August 1987	Senior Managing Director and General Manager of
	Yoshiharu Komori		Sales Department
	April 1993	President and Representative Director	1,068,573
	(June 27, 1939)	July 2006	President, CEO and Representative Director
1	common
	June 2009	President, Chairman, CEO and Representative
		shares
	(Re-appointment)		Director
		June 2014	Chairman, CEO and Representative Director
		June 2019	Chairman (to present)

Significant concurrent positions:

President & Representative Director of Komori Machinery Co., Ltd.

Attendance at the meeting of the Board of Directors:

13 times / 13 meetings (100%)

Reason for nomination as a candidate for Director:

Mr. Yoshiharu Komori advocates the Company's management philosophy, "To Become a Company That Delivers Kando (Customer Satisfaction beyond Expectations) to Customers". Mr. Komori has built a strong, trusting relationship and powerfully promoting sales activities by taking initiative in organizational activities that facilitate exchanges with domestic and overseas customers based on his many years of experience in management, business planning from the customer's perspective and his expertise in printing cultivated through offering solution. The Company proposes the election of the candidate for Director, believing that Mr. Komori will continue to be needed to achieve the sustainable growth of the Group and the enhancement of corporate value by utilizing his abundant experience, expertise and high level of management insight.

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