Yokowo : NOTICE OF RESOLUTION OF THE 86TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

This document is a translated extract of the Japanese original and is provided for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for any damages, direct or indirect, arising from the translation.

(Securities code: 6800) June 27, 2024

To Our Shareholders:

Takayuki Tokuma

Representative Director, President

and Executive Officer

Yokowo Co., Ltd.

JR Kanda Manseibashi Bldg. 14F,

1-25,Kandasuda-cho,

Chiyoda-ku, Tokyo, Japan

NOTICE OF RESOLUTION

OF THE 86TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Shareholder,

We are pleased to provide you with a summary of the reports made and resolutions adopted at the 86th Ordinary General Meeting of Shareholders of Yokowo Co., Ltd. (the "Company"), held this day, as follows:

Matters Reported:

1. Business Report, Consolidated Financial Statements for the Company's 86th Fiscal Year (from April 1, 2023 to March 31, 2024), and results of audits by the Accounting Auditor and Audit & Supervisory Board of the Consolidated Financial Statements
   The particulars of the Business Report, Consolidated Financial Statements, and results of the audits of the Consolidated Financial Statements were reported.
2. Non-ConsolidatedFinancial Statements for the Company's 86th Fiscal Year (from April 1, 2023 to March 31, 2024)

The particulars of the Non-Consolidated Financial Statements were reported.

Proposals Resolved:

Proposal No. 1: Distribution of Surplus

The proposal was approved and adopted as proposed. It was decided to pay year-end dividends of 22 yen per share (for a total of 512,839,140 yen). Because an interim dividend of 22 yen per share had been paid out, the annual dividend for the fiscal year ended March 31, 2024 amounted to 44 yen per share (consolidated payout ratio of 67.8%).

Proposal No. 2: Election of Seven Directors

The proposal was approved and adopted as proposed. Messrs. Takayuki Tokuma, Kenji Yokoo, Naohito Odani, Katsuhei Yanagisawa, Mr. Makoto Tobari, Mr. Byeongwoo Kang and Ms. Emi Yoneda were elected as Directors, and each of them assumed office. Mr. Makoto Tobari, Mr. Byeongwoo Kang and Ms. Emi Yoneda are Outside Directors.

Proposal No. 3: Election of One Audit & Supervisory Board Members

The proposal was approved and adopted as proposed. Ms. Sayaka Yamaguchi was elected as an Audit & Supervisory Board Member and assumed office. Ms. Sayaka Yamaguchi is an Outside Audit & Supervisory Board Member.

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