Obayashi : Notice of Voting Results of the 119th Ordinary General Meeting of Shareholders（153.1 KB） (Held on June 30, 2023)

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the Japanese original shall prevail.

OBAYASHI CORPORATION assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

June 30, 2023

To Shareholders,

Kenji Hasuwa

Representative Director

President and CEO

OBAYASHI CORPORATION

2-15-2, Konan, Minato-ku, Tokyo

Notice of Voting Results of

the 119th Ordinary General Meeting of Shareholders

Below are the results of the exercise of voting rights at the 119th Ordinary General Meeting of Shareholders of OBAYASHI CORPORATION held on June 28, 2023.

Breakdown of Votes "For" or "Against" Each Proposal

	Matters for Resolution	Votes for		Votes Against		Abstentions		Approval			Result of
		Proposal		Proposal				Rate			Resolutions
	Proposal 1	6,001,250		3,981		0		99%			Approved
	(Company Proposal)
	Proposal 2	6,002,125		3,102		0		99%			Approved
	(Company Proposal)
	Proposal 3
	(Company Proposal)
	Takeo Obayashi	4,635,996		1,369,025		208		76%			Approved
	Kenji Hasuwa	4,729,337		1,275,681		208		78%			Approved
	Atsushi Sasagawa	5,552788		408,939		43,514		91%			Approved
	Akinobu Nohira	5,552,693		409,034		43,514		91%			Approved
	Toshihiko Murata	5,584,816		376,911		43,514		92%			Approved
	Toshimi Sato	5,585,072		376,655		43,514		92%			Approved
	Naoki Izumiya	5,528,972		432,751		43,514		91%			Approved
	Yoko Kobayashi	5,695,342		309,692		208		94%			Approved
	Masako Orii	5,695,844		309,190		208		94%			Approved
	Hiroyuki Kato	5,695,994		309,040		208		94%			Approved
	Yukiko Kuroda	5,692,827		312,206		208		94%			Approved
	Proposal 4
	(Company Proposal)
	Shinya Kuwayama	5,999,652		5,682		0		99%			Approved
	Proposal 5	1,609,547		4,392,552		3,000		26%			Disapproved
	(Shareholder Proposal)
Notes

1. Conditions for approval of each proposal were as follows:

1. Proposal 1 and 5
   Approval by a majority of voting rights of shareholders present.

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1. Proposal 2
   Approval by two-thirds or more of voting rights of shareholders present, where shareholders owning one- third or more of total voting rights of qualified shareholders were present.
2. Proposal 3 and 4
   Approval by a majority of voting rights of shareholders, where shareholders owing one-third or more of total voting rights of qualified shareholders were present.

2. Number of Shareholders Present and Voting Rights Number of voting rights of all shareholders

Number of voting rights of shareholders present (including pre-exercise)

7,175,685

6,036,968

3. Reason for not adding a part of the number of voting rights of shareholders who attended the Ordinary General Meeting of Shareholders to the number of voting rights:

The requirements for approval were satisfied, and the resolution was passed legally under the Companies Act of Japan by summing up the votes exercised in advance by the day before the Ordinary General Meeting of Shareholders and the approval or disapproval of each proposal from some of the shareholders present on the day of the Ordinary General Meeting of Shareholders. Therefore, part of the number of voting rights of the shareholders present at the meeting for which the declaration of intent has not been confirmed is not included in the number of votes for, against, or abstention.

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