Yamanashi Chuo Bank, Ltd.TSE: 8360

Notice of Convocation of the 121st Annual General Meeting of Shareholders

May 26, 2024 at 3:19 PM UTC · Issued by Yamanashi Chuo Bank, Ltd.

These documents are partial translations of the Japanese originals for reference purposes only.

In the event of any discrepancy between these translated documents and the Japanese originals, the originals shall prevail. The Bank assumes no responsibility for this translation or for direct, indirect or any other forms of damage arising from the translations.

Securities Code: 8360 June 3, 2024 (Date of commencement of electronic provision measures: May 23, 2024)

To Shareholders with Voting Rights:

Yoshiaki Furuya

President

The Yamanashi Chuo Bank, Ltd.

20-8, Marunouchi 1-chome,

Kofu, Yamanashi, Japan

NOTICE OF CONVOCATION OF

THE 121ST ANNUAL GENERAL MEETING OF SHAREHOLDERS

We would like to express our heartfelt sympathy to all those affected by the 2024 Noto Peninsula Earthquake and sincerely hope for the earliest possible recovery.

Please be informed that the 121st Annual General Meeting of Shareholders of The Yamanashi Chuo Bank, Ltd. (the "Bank") will be held for the purposes as described below.

In convening this General Meeting of Shareholders, the Bank has taken measures for electronic provision and matters subject to measures for electronic provision are posted on the following website on the Internet.

The Bank's website: https://www.yamanashibank.co.jp/en/investor/shareholders.html

In addition to the above website, this information is also posted on the following website on the Internet. Tokyo Stock Exchange website: https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

Please access the above website, search by entering the Bank's name or the Securities Code, and select "Basic information" and "Documents for public inspection/PR information" in that order to view the information.

If you do not attend the meeting in person on the day, you can exercise your voting rights in writing or by electromagnetic means (via the Internet). Please review the Reference Documents for the General Meeting of Shareholders included in the matters subject to measures for electronic provision and exercise your voting rights by 5:00 p.m. on Monday, June 24, 2024 Japan time.

1. Date and Time: Tuesday, June 25, 2024 at 10:00 a.m. Japan time

2. Place:	7F Hall, Head Office of the Bank,
	20-8, Marunouchi 1-chome, Kofu, Yamanashi, Japan

3. Meeting Agenda:

Matters to be reported: 1. The Business Report and Non-consolidated Financial Statements for the

Bank's 121st Fiscal Year (from April 1, 2023 to March 31, 2024)

2. Consolidated Financial Statements for the Bank's 121st Fiscal Year (from April 1, 2023 to March 31, 2024) and results of audits of the Consolidated Financial Statements by the Independent Auditor and the Board of Corporate Auditors

Proposals to be resolved:

Proposal No. 1: Appropriation of Surplus

Proposal No. 2: Election of Nine (9) Directors

Proposal No. 3: Election of Five (5) Corporate Auditors

4. Exercise of Voting Rights:

Exercise of Voting Rights by Attending the Meeting

When attending the meeting, please bring this "convocation notice" with you and submit the enclosed "Voting Rights Exercise Form" at the reception desk on the day of the meeting.

Date and time of the meeting: Tuesday, June 25, 2024 at 10:00 a.m. Japan time

Exercise of Voting Rights in Writing

Please indicate your vote for or against each of the proposals on the enclosed "Voting Rights Exercise Form" and return it so that it is received by the voting deadline.

Voting deadline: Mail received by 5:00 p.m. on Monday, June 24, 2024 Japan time

Exercise of Voting Rights via Electromagnetic Means (the Internet, etc.)

Please access the voting website (https://evote.tr.mufg.jp/) (in Japanese), follow the instructions on the voting website, and indicate your vote for or against each of the proposals by the voting deadline.

Voting deadline: 5:00 p.m. on Monday, June 24, 2024 Japan time

If neither approval nor disapproval of a proposal is indicated on the Voting Rights Exercise Form, it will be treated as an indication of approval.
If you vote both in writing on the Voting Rights Exercise Form and via electromagnetic means (the Internet, etc.), we will deem your vote placed via electromagnetic means (the Internet, etc.) to be the effective one.
If you submit your vote multiple times via electromagnetic means (the Internet, etc.), we will deem the last vote placed to be the effective one.

End

In accordance with laws and regulations as well as the Articles of Incorporation of the Bank, the following items are not stated in the paper-based documents sent to shareholders who have requested them. The Corporate Auditors and the Independent Accounting Auditors audited the documents to be audited including the following matters.
1. A portion of "Matters Regarding Status of the Bank," a portion of "Matters Regarding Directors and Corporate Auditors," "Matters Regarding Shares of the Bank," "Matters Regarding Share Subscription Rights, Etc. of the Bank," "Matters Regarding Independent Accounting Auditors," "Basic Policy Regarding the Way of Being a Person Who Controls the Determination of Financial and Business Policies," "System to Ensure Appropriate Business Operation," "Matters Regarding Specified Wholly- Owned Subsidiaries," "Matters Regarding Transaction With Parent Company, Etc.," "Matters Regarding Accounting Advisor," and "Others" in the Business Report
2. "Non-consolidatedStatements of Changes in Net Assets" and "Notes to the Non-consolidated Financial Statements" of the Non-consolidated Financial Statements
3. "Consolidated Statements of Changes in Net Assets" and "Notes to the Consolidated Financial Statements" of the Consolidated Financial Statements
Any revisions to the matters subject to measures for electronic provision will be posted on the websites on which the matters are posted.

Reference Documents for the General Meeting of Shareholders

Proposals and References

Proposal No. 1: Appropriation of Surplus

The Bank's basic policy is to undertake stable dividends on a continuous basis while striving to enhance appropriate internal reserves to maintain sound management, considering the public nature of the banking business.

Following this basic policy, the appropriation of year-end dividends and surplus are proposed as follows.

Matters concerning year-end dividends
Taking into consideration the business results, etc. for the fiscal year under review, year-end dividends of 31 yen per share are proposed for the fiscal year under review in order to return profits to our shareholders. As the Bank paid an interim dividend of 25 yen per share, the full-year dividends for the fiscal year under review will be 56 yen per share, an increase of 11 yen from the previous fiscal year.
1. Type of dividend property Cash
2. Matters concerning the allotment of dividend property to shareholders and the total amount 31 yen per share of common stock, for a total of 966,670,365 yen
3. Effective date of distribution of surplus June 26, 2024
Matters concerning the appropriation of surplus
1. Item and the amount of surplus to be increased

General reserve	4,000,000,000 yen
(2) Item and the amount of surplus to be decreased
Retained earnings brought forward	4,000,000,000 yen

Proposal No. 2: Election of Nine (9) Directors

The terms of office of all nine (9) Directors will expire at the conclusion of this Annual General Meeting of Shareholders. Accordingly, the election of nine (9) Directors is proposed.

The candidates for Directors are as follows:

								Gender	Current positions	Attendance at the
No.		Name		Board of
		at the Bank
										Directors meetings
1	Mitsuyoshi Seki		Reelection		Male	Chairman	13 out of 14 meetings
		(92%)
2	Yoshiaki Furuya		Reelection		Male	President	14 out of 14 meetings
		(100%)

3	Masahiko Yamadera		Reelection		Male	Senior Managing	14 out of 14 meetings
		Director	(100%)

4	Hideki Sato		Reelection		Male	Managing Director	11 out of 11 meetings
		(100%)

5	Tetsuya Naito		Reelection		Male	Managing Director	11 out of 11 meetings
		(100%)

6	Koichiro Kato		New election		Male	Managing Executive	-
		Officer

			Reelection							14 out of 14 meetings
7	Michio Masukawa		Outside Director			Male	Director
			(100%)
			Independent Director

			Reelection					14 out of 14 meetings
8	Riyo Kano		Outside Director			Female	Director
			(100%)
			Independent Director

			Reelection					14 out of 14 meetings
9	Miki Ichikawa		Outside Director			Female	Director
			(100%)
			Independent Director

No.		Name	Career summary, positions, responsibilities and significant concurrent	Number of
	shares of the
(Date of birth)			positions
			Bank held

				Apr.	1977	Joined the Bank
				Jun.	1998	Chief Deputy Manager of Business Development Group,
						Business Promotion Division, Marketing Headquarters
				Jun.	1999	General Manager of Mejirodai Branch
				Nov.	2001	Acting General Manager of Corporate Planning Division and
				Oct.	2002	Manager of Planning Section
				Deputy General Manager of Corporate Planning Division
						and Manager of Planning Section
	Mitsuyoshi Seki	Aug.	2004	Deputy General Manager of Corporate Planning Division
	Jun.	2005	General Manager of Business Promotion Division,
	(September 19,
			Marketing Headquarters
	1953)		Jul.	2005
		Executive Officer and General Manager of Business
		Reelection
					Promotion Division, Marketing Headquarters
				Jun.	2007
				Director and General Manager of Risk Administration
						Division
				Mar.	2008	Director and General Manager of Personnel Division	45,900
1				Jun.	2009	Managing Director and General Manager of Corporate
				Jun.	2011	Planning Division	shares
				Senior Managing Director
				Jun.	2017	President, in charge of auditing
				Jun.	2023	Corporate Auditor (Outside Corporate Auditor), FUJI
						KYUKO CO., LTD.
				Jun.	2023	To present
				Chairman of the Bank
				Dec.	2023	To present
				President, Yamanashi Mirai Investment Co.,Ltd.
						To present
		nomination as a candidate for Director>
	Mr. Mitsuyoshi Seki has accumulated a wealth of knowledge and expertise in the divisions of
	business promotion, corporate planning, corporate administration and personnel, the fields of
	branch management and others, and has been serving as a Director since June 2007, as
	President since June 2017 and as Chairman since June 2023. He adequately fulfills his role of
	decision-making on important management matters and supervision on business execution of
	the Bank. Accordingly, the Bank nominated him as a candidate for Director in the hope that he
	would continue to perform his role.

No.		Name	Career summary, positions, responsibilities and significant concurrent	Number of
	shares of the
(Date of birth)			positions
			Bank held

				Apr.	1986	Joined the Bank
				Dec.	2006	Chief Deputy Manager of Planning Section, Corporate
				Jun.	2007	Planning Division
				Manager of Marketing Promotion Planning Section,
				Oct.	2010	Business Promotion Division
				Deputy General Manager of Business Promotion Division
						and Manager of Marketing Promotion Planning Section
				Jun.	2011	Deputy General Manager of Business Promotion Division
	Yoshiaki Furuya			and Manager of Marketing Strategies Section
	Jun.	2014	Deputy General Manager of Business Promotion Division
2	(December 19,	Jun.	2015	General Manager of Business Promotion Division	27,469
	1963)		Jul.	2015	Executive Officer and General Manager of Business	shares
		Reelection	Jun.	2017	Promotion Division
				Executive Officer and General Manager of Kugawa Branch
				Jun.	2019	Executive Officer and General Manager of Tokyo Branch
				Jun.	2019	Director and General Manager of Tokyo Branch
				Jun.	2020	Managing Director and General Manager of Tokyo Branch
				Jun.	2021	Senior Managing Director, in charge of personnel and
				Jun.	2022	corporate administration
				Senior Managing Director, in charge of human resources
				Jun.	2023	and management control
				President, in charge of auditing
						To present
		nomination as a candidate for Director>
	Mr. Yoshiaki Furuya has accumulated a wealth of knowledge and expertise in the divisions of
	corporate planning, business promotion, the fields of branch management and others, and has been
	serving as a Director since June 2019 and as President since June 2023. He adequately fulfills his
	role of decision-making on important management matters and supervision on business execution
	of the Bank. Accordingly, the Bank nominated him as a candidate for Director in the hope that he
	would continue to perform his role.
				Apr.	1987	Joined the Bank
				Apr.	2009	Chief Deputy Manager of Personnel and Welfare Section,
				Jun.	2011	Personnel Division
				Manager of Personnel and Welfare Section, Personnel
						Division
				Jun.	2013	Deputy General Manager of Personnel Division and
		Masahiko	Jun.	2015	Manager of Personnel and Welfare Section
		General Manager of Jonan Branch
		Yamadera	Jun.	2017	General Manager of Business Promotion Division
	(December 26,	Jul.	2017	Executive Officer and General Manager of Business
	1963)
				Promotion Division
		Reelection
			Jun.	2019	Director, General Manager of Hachioji Branch and General
3
					Manager of Western Tokyo Consultation Sales Division	23,000
				Jun.	2020	Director and General Manager of Hachioji Branch
				shares
				Jun.	2021	Managing Director, in charge of business promotion, sales
						promotion planning, consultation sales and western Tokyo
						consultation sales
				Jun.	2022	Managing Director, in charge of regional head offices, sales
						management, consultation sales, Tokyo business promotion
						and regional revitalization promotion
				Jun.	2023	Senior Managing Director, in charge of human resources
						and management control
						To present
		nomination as a candidate for Director>
	Mr. Masahiko Yamadera accumulated a wealth of knowledge and expertise in the divisions of
	personnel and business promotion, the fields of branch management and others, and has been
	serving as a Director since June 2019 and as Senior Managing Director since June 2023. He
	adequately fulfills his role of decision-making on important management matters and supervision
	on business execution of the Bank. Accordingly, the Bank nominated him as a candidate for
	Director in the hope that he would continue to perform his role.
						6

No.		Name	Career summary, positions, responsibilities and significant concurrent
(Date of birth)			positions


				Apr.	1987	Joined the Bank
				Apr.	2009	Chief Deputy Manager of Enterprise Support Section,
				Jul.	2009	Credit Screening Division
				Manager of Enterprise Support Section, Credit Screening
				Apr.	2012	Division
				Deputy General Manager of Credit Screening Division
				Jan.	2014	and Manager of Enterprise Support Section
				General Manager of Takedadori Branch
				Jun.	2015	General Manager of Isawa Branch
	Hideki Sato	Jun.	2017	General Manager of Credit Screening Division
	Jul.	2018	Executive Officer and General Manager of Credit Screening
	(August 16, 1963)			Division
		Reelection		Jun.	2021	Managing Executive Officer and General Manager of Head
4				Jun.	2022	Office Sales Division
				Managing Executive Officer, General Manager of Regional
						Head Office Division, and General Manager of Head Office
				Jun.	2023	Sales Division
				Managing Director, in charge of credit screening, general
						administration control, systems administration and business
						support
						To present

	Mr. Hideki Sato has accumulated a wealth of knowledge and expertise in the division of credit
	screening, the fields of branch management and others, and has been serving as a Managing
	Executive Officer since June 2021 and as a Managing Director since June 2023. He thus has a
	wealth of experience related to important business execution of the Bank. Accordingly, the Bank
	nominated him as a candidate for Director in the hope that he would fulfill a role of decision-
	making on important management matters and supervision on business execution of the Bank.

Number of shares of the Bank held

13,601 shares

No.			Name	Career summary, positions, responsibilities and significant concurrent	Number of
		shares of the
(Date of birth)			positions
			Bank held

						Apr.	1988	Joined the Bank
						Jul.	2009	Manager of Credit Screening Planning Section, Credit
								Screening Division
						Nov.	2012	General Manager of Kencho Branch
						Jan.	2014	Senior Deputy General Manager of Yoshida Branch
						Jun.	2015	Deputy General Manager of Head Office Sales Division and
								Manager of Credit Section
						May	2018	Deputy General Manager of Head Office Sales Division,
	Tetsuya Naito			Manager of Client Section and Manager of Credit Section
	Jun.	2018	General Manager of Minami Branch and General
5	(December 16,			Manager of Sumiyoshi Branch
1964)			Jun.	2019	General Manager of Corporate Planning Division

						Jul.	2019	Executive Officer and General Manager of Corporate
			Reelection
						Jun.	2021	Planning Division	9,692

						Managing Executive Officer and General Manager of Tokyo
								Branch	shares
						Jun.	2022	Managing Executive Officer, General Manager of Dai-ichi
								Tokyo Regional Head Office and General Manager of
						Jun.	2023	Tokyo Branch
						Managing Director, in charge of six regional head offices,
								sales management, consultation sales, Tokyo business
								development and regional revitalization promotion
								To present
		nomination as a candidate for Director>
	Mr. Tetsuya Naito has accumulated a wealth of knowledge and expertise in the divisions of
	credit screening and corporate planning, the fields of branch management and others, and has
	been serving as a Managing Executive Officer since June 2021 and as a Managing Director since
	June 2023. He thus has a wealth of experience related to important business execution of the
	Bank. Accordingly, the Bank nominated him as a candidate for Director in the hope that he
	would fulfill a role of decision-making on important management matters and supervision on
	business execution of the Bank.
						Apr.	1989	Joined the Bank
						May	2011	Chief Deputy Manager of Enterprise Support Section,
						Jan.	2014	Credit Screening Division
						General Manager of Secretariat
						Jun.	2019	General Manager of Minami Branch and General
								Manager of Sumiyoshi Branch
	Koichiro Kato	Jun.	2021	General Manager of Personnel Division
	Jul.	2021	Executive Officer and General Manager of Personnel
		(October 1,			Division
	1965)			Jun.	2022	Executive Officer and General Manager of Human	4,960
		New election				Resources Division
					shares
						Jun.	2023	Executive Officer and General Manager of Dai-ni Tokyo

6						Jun.	2023	Regional Head Office
						Managing Executive Officer and General Manager of Dai-ni
								Tokyo Regional Head Office
								To present
		nomination as a candidate for Director>
	Mr. Koichiro Kato has accumulated a wealth of knowledge and expertise in the divisions of
	credit screening, secretariat and personnel, the fields of branch management and others, and has
	been serving as an Executive Officer since July 2021 and as a Managing Executive Officer since
	June 2023. He thus has a wealth of experience related to important business execution of the
	Bank. Accordingly, the Bank nominated him as a new candidate for Director in the hope that he
	would fulfill a role of decision-making on important management matters and supervision on
	business execution of the Bank.

No.			Name	Career summary, positions, responsibilities and significant concurrent	Number of
		shares of the
	(Date of birth)			positions
				Bank held

						Apr.	1977	Joined the Bank of Japan
						Nov.	1999	General Manager of Kofu Branch, the Bank of Japan
						Aug.	2006	Deputy Director-General of Financial System and Bank
								Examination Department, the Bank of Japan
						May	2008	Director-General of Administration Department, the Bank of
								Japan
						Apr.	2009	Auditor of the Bank of Japan
	Michio Masukawa	Jun.	2013	President CEO of General Incorporated Association CRD
			Association
		(September 16,
		May	2014	Director (External Director) of DCM Holdings Co., Ltd.
	1952)
								To present
			Reelection
		Outside Director		Jun.	2014	Chairman CEO of General Incorporated Association CRD
		Independent Director				Association
						Feb.	2015	Director (Outside Director) of KANAYA HOTEL CO.,
								LTD.
						Jun.	2015	Director (Outside Director) of the Bank	0
7						Jun.	2023	To present
						Advisor of General Incorporated Association CRD	shares
								Association
								To present

We expect Mr. Michio Masukawa to engage in decision-making on important management matters and the supervision of the business execution of the Bank from his point of view based on the sophisticated expertise, abundant knowledge and firsthand experience in the financial field developed through his time at the Bank of Japan as a branch General Manager and other posts. He has also been serving as an Outside Director of the Bank since June 2015 and adequately fulfilling his expected role. Accordingly, the Bank nominated him as a candidate for Outside Director in the hope that he would continue to perform hisrole.

He will have served as an Outside Director for nine (9) years as of the conclusion of this Annual General Meeting of Shareholders.

In light of the independence standard of Outside Directors as provided by the Tokyo Stock Exchange, Inc. (hereinafter referred to as "the Exchange") and The Criteria for the Independence of Outside Directors and Outside Corporate Auditors as provided by the Bank, it is judged that there is no risk of conflict of interest between Mr. Michio Masukawa and general shareholders. Therefore, he is registered as Independent Director with the Exchange.

No.			Name	Career summary, positions, responsibilities and significant concurrent	Number of
		shares of the
	(Date of birth)			positions
				Bank held

						Apr.	1993	Registered as an Attorney at Law (Member of the Daiichi
								Tokyo BAR Association)
								Joined Tanabe & Partners
						Apr.	2014	To present
						Member of Bid Oversight Commission, Japan Association
								for International Racing and Stud Book
						Aug.	2014	To present
						Member of Commission on Policy for Persons with
								Disabilities, Cabinet Office, Government of Japan
			Riyo Kano	Jun.	2015	To present
		(May 11, 1966)	Director (Outside Director) of the Bank
								To present
			Reelection			Feb.	2017
					War Victims' Relief Evaluation Commissioner, Ministry of
		Outside Director
	I	ndependent Director				Health, Labour and Welfare
								To present
						Jun.	2019	Director (Outside Director) of KDDI CORPORATION
8						Apr.	2021	Member of Data Science Screening Committee, Center for	1,500
							Cancer Genomics and Advanced Therapeutics, National
							shares
								Cancer Center Japan

						Dec.	2023	To present
						Member of AMED Data Screening Committee, Japan
								Agency for Medical Research and Development
								To present

						-

Reasons for nomination as a candidate for Outside Director and expected role >

We expect Ms. Riyo Kano to engage in decision-making on important management matters and the supervision of the business execution of the Bank from her point of view utilizing her expert knowledge and abundant experience as a lawyer. She has been serving as an Outside Director of the Bank since June 2015 and adequately fulfilling her expected role. Although she has never been directly involved in corporate management, the Bank nominated her as a candidate for Outside Director in the hope that she would continue to perform her role.

She will have served as an Outside Director for nine (9) years as of the conclusion of this Annual General Meeting of Shareholders.

In light of the independence standard of Outside Directors as provided by the Tokyo Stock Exchange, Inc. (hereinafter referred to as "the Exchange") and The Criteria for the Independence of Outside Directors and Outside Corporate Auditors as provided by the Bank, it is judged that there is no risk of conflict of interest between Ms. Riyo Kano and general shareholders. Therefore, she is registered as Independent Director with the Exchange.

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