Kyoto Financial : Voting Results for the 2nd Ordinary General Meeting of Shareholders of Kyoto Financial Group, Inc.

1. Date on which the General Meeting of Shareholders was held June 27, 2025

2. Details of the matters resolved

   Proposal 1: Partial Amendments to the Articles of Incorporation

   The maximum number of Directors (excluding those who are Audit and Supervisory Committee Members) shall be changed from ten (10) to eight (8), and the maximum number of Directors who are Audit and Supervisory Committee Members shall be changed from six (6) to seven (7).

   Proposal 2: Election of six (4) Directors (excluding those who are Audit and Supervisory Committee Members) Nobuhiro Doi, Hiroyuki Hata, Mikiya Yasui, and Minako Okuno shall be elected as Directors. Proposal 3: Election of one (6) Director who is an Audit and Supervisory Committee Memberand

   Toshiro Iwahashi, Chiho Oyabu, Eiji Ueki, Hiroyuki Nakatsukasa, Motoko Tanaka and Tamame Akamatsu shall be elected as Audit and Supervisory Committee Member.

3. Number of voting rights exercised as the manifestation of the intention of approval, disapproval or abstention for the matters for resolution; requirement for adoption thereof; and resolution results thereof

   Proposals	Approving (Number of voting rights)	Disapproving (Number of voting rights)	Abstaining (Number of abstaining)	Approval ratio	Voting results
   Proposal 1	2,521,084	3,122	32	99.87%	Approved
   Proposal 2
   1. Nobuhiro Doi	1,752,949	771,320	0	69.44%	Approved
   2. Hiroyuki Hata	2,024,570	499,700	0	80.20%	Approved
   3. Mikiya Yasui	2,163,949	360,321	0	85.72%	Approved
   4. Minako Okuno	2,163,768	360,502	0	85.71%	Approved
   Proposal 3
   1. Toshiro Iwahashi	2,157,624	366,638	0	85.47%	Approved
   2. Chiho Oyabu	2,246,510	277,760	0	88.99%	Approved
   3. Eiji Ueki	2,210,142	314,128	0	87.55%	Approved
   4. Hiroyuki Nakatsukasa	2,249,462	274,808	0	89.11%	Approved
   5. Motoko Tanaka	2,249,408	274,862	0	89.10%	Approved
   6. Tamame Akamatsu	2,251,316	272,955	0	89.18%	Approved

   (Notes) The conditions for approval for each proposal are as stated below.

   Proposal 1, shareholders holding one-third or more of the voting rights of shareholders who are entitled to exercise their voting rights must be present, and the proposals must be approved by two-thirds or more of the voting rights of attending shareholders.

   For Proposals 2 and 3, shareholders holding one-third or more of the voting rights of shareholders who are entitled to exercise their voting rights must be present, and the proposals must be approved by the majority of the voting rights of attending shareholders.

4. Reason why a portion of the number of the voting rights of the shareholders present at the General Meeting of Shareholders was not included in the number of voting rights

Due to the number of voting rights exercised by the date immediately before the date of the meeting and the number of voting rights of a portion of the shareholders present whose intention of approval or disapproval of each of the proposals being confirmed as the total number of voting rights, the requirements for adoption were satisfied and resolutions have been legally adopted pursuant to the Companies Act. Therefore, the number of shareholders' voting rights present at the meeting, whose intention of approval, disapproval or abstention was not confirmed, has not been included in the calculation.

End