Proto : Notice Regarding Partial Amendments to Articles of Incorporation

(TRANSLATION FOR REFERENCE ONLY) May 13, 2021

To Our Shareholders:

Corporate Name: PROTO CORPORATION

Representative: Kenji Kamiya, President

Securities Code: 4298 (TSE and NSE 1st Section)

Contact: Takehito Suzuki, Executive Officer

Tel: [phone]

Notice Regarding Partial Amendments to Articles of Incorporation

At the Board of Directors' Meeting held on May 13, 2021, PROTO CORPORATION ("the Company") resolved that "the Partial Amendments to Articles of Incorporation" will be discussed at the 43rd Ordinary General Meeting of Shareholders held on June 29, 2021. The details are as below.

1. Purpose of the Revision

In consideration of the future development of the business of the Company and its subsidiaries, necessary revisions to Article 2 (Purpose) of the Articles of Incorporation will be made.

2. Details of the Revision

The contents of the revision are as follows:

				(Amended portions are underlined)
	Current Articles of Incorporation			Proposed Revision
Article 2 (Purpose)	Article 2 (Purpose)
The purpose of the Company shall be to engage in the			(Not revised)
following business activities.
(1) to (20)	(Omitted)	(1) to (20)	(Not revised)
	(New)	(21)	Ownership, management, trading and administration
		of financial instruments
		(22)	Formation, investment, management and operation
		of investment limited partnerships
(21)	(Omitted)	(23)		(Not revised)

3. Time Schedule
Date of the 43rd Ordinary General Meeting of Shareholders	June 29, 2021
Effective date	June 29, 2021