Gunze LimitedTSE: 3002

Notice of resolution of the 129th ordinary general meeting of shareholders

· Issued by Gunze Limited
GUNZE LIMITED

(Company Code: 3002)

June 25, 2025

To Our Shareholders:

NOTICE OF RESOLUTION OF

THE 129TH ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

We are pleased to announce that the matters below were reported and resolved at the 129thOrdinary General Meeting of Shareholders of the Company held today.

Yours very truly,

GUNZE LIMITED

1 Zeze, Aono-cho, Ayabe-shi Kyoto, Japan

By: Toshiyasu Saguchi Representative Director and President

PARTICULARS Reported Items:
  1. Report on the Business Report, the Consolidated Accounting Documents and Non-Consolidated Accounting Documents for the 129th Business Term (from April 1, 2024 to March 31, 2025).

    This item was reported at the meeting accordingly.

  2. Report on the Results of Audits for the Consolidated Accounting Documents by Accounting Auditors and the Board of Corporate Auditors for the 129th Business Term (from April 1, 2024 to March 31, 2025).

This item was reported at the meeting accordingly.

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Resolved Items: First Proposition: Proposed Disposal of Surplus

This item was approved and resolved as originally proposed. The dividend for the end of the Term was decided to be ¥390 (ordinary dividend: ¥289 and special dividend: ¥101) per share. Moreover, it was decided to transfer a separate reserve fund of ¥11,300,000,000 to the retained earnings carried forward.

Second Proposition: Election of Nine (9) Directors

This item was approved and resolved as originally proposed. Eight (8) directors, namely, Mr. Toshiyasu Saguchi, Mr. Takahiro Oka, Ms. Hiroe Nakai, Mr.

Osamu Kujiraoka, Ms. Rie Kida, Mr. Ryoji Kawanishi, Mr. Hirokazu Sawada, and Mr. Tomohisa Okuda were re-elected; and one (1) director, namely, Mr. Shojiro Matsuda was newly elected; and they assumed their offices.

Third Proposition: Election of Two (2) Corporate Auditors

This item was approved and resolved as originally proposed. One (1) corporate auditor, namely, Mr. Tomio Suzuki was re-elected; and one (1) corporate auditor, namely, Ms. Hiroko Yoshika was newly elected; and they assumed their offices.

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The meeting of the Board of Directors of the Company, convened after this General Meeting of Shareholders, formally appointed the following representative directors, who subsequently assumed their offices.

Representative Director, President and

President Corporate Officer: Toshiyasu Saguchi

Representative Director and

Senior Managing Officer: Takahiro Oka

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