Stanley Electric : Notice of Resolutions of the 120th Ordinary General Meeting of Shareholders

[Translation] (Security Code: 6923)

To Our Shareholders: June 25, 2025

Notice of Resolutions of the 120th Ordinary General Meeting of Shareholders

The following reports and resolutions were made as described below at the 120th Ordinary General Meeting of Shareholders of STANLEY ELECTRIC CO., LTD (the "Company") held today.

Items Reported:

Yasuaki Kaizumi President and Representative Director

STANLEY ELECTRIC CO., LTD

9-13, Nakameguro 2-chome, Meguro-ku, Tokyo

1: Report on the contents of the business report and the contents of the consolidated financial statements for the 120th business term (April 1, 2024, through March 31, 2025), and the results of audit by the Accounting Auditor and the Audit & Supervisory Board respectively, of the consolidated financial statements.

2: Report on the contents of the financial statements for the 120th business term (April 1, 2024, through March 31, 2025).

The contents of the above were reported.

Items Resolved:

No.1: Election of 10 Directors

This item was approved as originally proposed, and 10 Directors - Yasuaki Kaizumi, Kazuki Takano, Keisuke Ueda, Tatsuaki Tomeoka, Tomohiro Kondo (known as Tomohiro Ota), Hirokazu Kono, Yozo Takeda, and Satoko Suzuki - were re-elected as Directors, Masahiko Akimoto and Shoji Hatano ware newly elected as Director and each person assumed office as a Director.

Hirokazu Kono, Yozo Takeda, Satoko Suzuki and Shoji Hatano are Outside Directors.

No.2: Election of 1 Audit & Supervisory Board Member

This item was approved as originally proposed, and Satoshi Oki was newly elected person and assumed office as an Audit & Supervisory Board Member.

No.3: Revision of Restricted Stock Compensation Plan for Directors (excluding Outside Directors)

This item was approved as originally proposed.

By a resolution at the meeting of the Board of Directors held after the close of the 120th Ordinary General Meeting of Shareholders, Yasuaki Kaizumi was selected and assumed office as President and Representative Director, Kazuki Takano as Senior Managing Director and Keisuke Ueda as Managing Director.

Also, by a resolution at the meeting of the Audit & Supervisory Board held on the same day, Koichi Nagano and Satoshi Oki were selected and assumed office as Standing Audit & Supervisory Board Members.

As a result, the Company's Directors and Audit & Supervisory Board Members as of June 25, 2025 are as follows.

(Note) Four of the Directors - Hirokazu Kono, Yozo Takeda, Satoko Suzuki and Shoji Hatano - are Outside Directors.

Three of the Audit & Supervisory Board Members - Mitsuhiro Amitani, Koichi Uehira, and Eri Yokota - are Outside Audit & Supervisory Board Members.

With respect to the year-end dividends for the 120th fiscal year that were determined to be 40 yen per share at the meeting of the Board of Directors held on May 20, 2025, please note that the Company has sent documents relating to payments as of June 3, 2025 and has commenced payments from June 4, 2025.