Acom : Convocation Notice for 47th Ordinary General Meeting of Shareholders

This document has been translated from the Japanese original 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 direct, indirect or any other forms of damage arising from the translation.

Convocation Notice

Securities Code: 8572 (Date of dispatch) May 31, 2024 (Commencement date of measures for electronic provision of information) May 24, 2024

To Shareholders with Voting Rights

Masataka Kinoshita

President & CEO

ACOM CO., LTD.

9-1, Higashi Shinbashi 1-chome,

Minato-ku, Tokyo, Japan

CONVOCATION NOTICE FOR THE 47TH ORDINARY GENERAL MEETING OF

SHAREHOLDERS

We are pleased to inform you that the 47th Ordinary General Meeting of Shareholders of the Company will be held as described below.

In convening this General Meeting of Shareholders, the Company provides information contained in the reference documents, etc. for the general meeting of shareholders electronically (matters to be provided electronically), which is posted on the Company's website on the Internet. Please access the Company's website below to confirm the available information.

Company's website (https://www.acom.co.jp/corp/english/ir/stock/shareholders_meeting/)

In addition to the Company's website, the matters to be provided electronically have been posted on the website of the Tokyo Stock Exchange (TSE) and can be viewed by accessing the TSE website (TSE Listed Company Search) below, entering and searching the issue name (ACOM) or securities code (8572), selecting "Basic information" and "Documents for public inspection/PR information," and then check the field of "Notice of General Shareholders Meeting /Informational Materials for a General Shareholders Meeting" under "Filed information available for public inspection."

TSE website (TSE Listed Company Search): https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

If you are unable to attend the General Meeting, you may exercise your voting rights via the Internet or in writing, so we kindly ask you to exercise your voting rights by 5:00 p.m. on Thursday, June 20, 2024, Japan time after a careful review of the Reference Documents for the General Meeting of Shareholders.

1. Date and Time: Friday, June 21, 2024, at 10:00 a.m. (Reception scheduled to open at 9:30 a.m.)

2. Place:	15th floor, Tokyo Shiodome Building, located at 9-1, Higashi Shinbashi 1-chome,
	Minato-ku, Tokyo, Japan

Live Steaming of General Meeting of Shareholders

We will live stream this General Meeting of Shareholders via the Internet and will accept questions on this General Meeting of Shareholders in advance of the meeting. For more details, please refer to the Guidance on Live Streaming of General Meeting of Shareholders.

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3. Agenda of the Meeting: Matters to be reported:

Matters to be resolved: Proposal No. 1:

Proposal No. 2:

Proposal No. 3:

1. The Business Report, Consolidated Financial Statements, and results of audits of the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Committee for the 47th fiscal year (from April 1, 2023, to March 31, 2024)
2. Non-consolidatedFinancial Statements for the 47th fiscal year (from April 1, 2023, to March 31, 2024)

Dividends from Surplus

Election of Seven Directors (Excluding Those Serving as Audit and Supervisory Committee Members)

Election of One Director Serving as an Audit and Supervisory Committee Member

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Reference Documents for General Meeting of Shareholders

Proposal No. 1: Dividends from Surplus

We position returns of profit to shareholders as one of our management issues, and our basic policy is to "increase shareholder returns based on high profitability and appropriate capital adequacy."

The Company proposes to pay a year-end dividend for the 47th fiscal year as follows.

Matters concerning the year-end dividend

1. Type of dividend property Cash
2. Matters concerning the distribution of dividend property and the total amount to be distributed

6 yen per share (common stock)

Total amount: 9,399,683,868 yen

1. Effective date of dividends from surplus June 24, 2024

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Proposal No. 2: Election of Seven Directors (Excluding Those Serving as Audit and Supervisory Committee Members)

All six Directors (excluding those serving as Audit and Supervisory Committee Members; the same shall apply hereinafter in this proposal) will complete their terms of office at the conclusion of this Ordinary General Meeting of Shareholders.

Accordingly, in order to further reinforce the supervisory function, the Company proposes that the number of Outside Directors be increased by one and that seven Directors be elected.

We have received an opinion from the Audit and Supervisory Committee to the effect that there were no matters of concern with respect to this proposal.

Candidates for Directors are as follows.

List of candidates for Directors:

No.	Name	Current position and assignment at the Company	Remarks
and significant concurrent positions
1	Shigeyoshi Kinoshita	Chairman	Reappointed
2	Hiroshi Naruse	Deputy Chairman	Reappointed
In charge of Internal Audit Department
3	Masataka Kinoshita	President and Chief Executive Officer	Reappointed
		Deputy President and Deputy Chief Executive Officer
4	Takashi Kiribuchi	Head of System Development & Administration Division	Reappointed
In charge of Corporate Planning Department, System
		Development Department, System Operation Department,
		System Planning Office, and System Management Office
		Senior Managing Director and Senior Executive Managing
		Officer
5	Tomomi Uchida	In charge of General Affairs Department, Credit Supervision	Reappointed
Department, and Compliance for Credit Supervision Office
		(Significant concurrent positions)
		Director of GeNiE Inc.
		Director
		(Significant concurrent positions)
		Managing Corporate Executive, Group Head and CDTO,
		Retail & Digital Business Group of Mitsubishi UFJ Financial
6	Tadashi Yamamoto	Group, Inc.	Reappointed
Member of the Board of Directors, Managing Executive
		Officer, Unit Head, and CDTO (CEO), Retail & Digital
		Business Group (in charge of Digital Service Planning
		Division) of MUFG Bank, Ltd.
		Director of Biz Forward, Inc.
		(Significant concurrent positions)
		Trustee of The Society for the Consumers of Kansai (scheduled	Newly appointed
7	Michelle Tan	to retire)	Outside Director
Director of IntaSect Research Institute, Inc.
Independent
		President of OSAKA CONSUMERS' CO-OPERATIVE
		Director
		UNION (scheduled to retire)
		Director of Ethical Business Research Institute

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				April 1973	Joined Marubeni Corporation
		Reappointed		April 1978	Joined Japan Consumer Finance Co., Ltd.
	Shigeyoshi Kinoshita	December 1980	Joined the Company
	(April 14, 1949)	February 1983	Director and Chief General Manager, General Affairs
					Department of the Company
	Cumulative years of service as	May 1984	Director and Chief General Manager, Accounting
		Department of the Company
	Director of the Company:
	August 1986	Managing Director of the Company
			41 years
			June 1988	Managing Director and Head of Business Promotion
	Record of attendance at the		Division of the Company
	Board of Directors meetings in	October 1991	Representative and Senior Managing Director of the
	the fiscal year ended March	October 1992	Company
1	31, 2024:		Representative and Senior Managing Director and Head
	Attendance at		of the Loan Sales Division of the Company
		October 1996	Representative Director and Deputy President of the
		12 out of 12 meetings
	(100%)		Company
	June 2000	Representative Director and President of the Company
	Number of shares of the	June 2003	President and Chief Executive Officer of the Company
	Company held:	June 2010	Chairman, President and Chief Executive Officer of the
		3,507,260 shares		Company
				June 2021	Chairman of the Company (to present)
	(Reason for nomination as a candidate for Director)
	As Director, Mr. Shigeyoshi Kinoshita has an excellent track record of serving as the driving force of the
	Company and the Group for a number of years, backed by his wealth of experience and sophisticated insight
	into general management as Representative Director of the Company. It is believed he will contribute further
	to the growth and development of the Company and the Group. Therefore, the Company proposes his
	election as a Director.

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				April 1981	Joined The Mitsubishi Trust and Banking Corporation
				June 2008	Executive Officer, Assistant Director and General
					Manager, Trust Assets Planning Division of Mitsubishi
					UFJ Trust and Banking Corporation (MUTB)
		Reappointed
				Director and President of Mitsubishi UFJ Global
	Hiroshi Naruse
		Custody S.A.
	(December 4, 1958)	May 2010	Executive Officer and General Manager, System
					Planning Division of MUTB
				June 2010	Executive Officer of Mitsubishi UFJ Financial Group,
	Cumulative years of service as		Inc.
	Director of the Company:	April 2011	Representative Director and President of Mitsubishi UFJ
			3 years		Trust Systems Co., Ltd.
			June 2011	Managing Director of MUTB
	Record of attendance at the
	June 2013	Senior Managing Director of MUTB
	Board of Directors meetings in		Managing Executive Officer of Mitsubishi UFJ
	the fiscal year ended March		Financial Group, Inc.
	31, 2024:		June 2014	Representative Director and President of MU Trust
2		Attendance at		Apple Planning Company, Ltd.
	12 out of 12 meetings	June 2016	Director, Deputy President and Executive Officer of
	(100%)		MUTB
				May 2018	Senior Managing Corporate Executive of Mitsubishi
	Number of shares of the		UFJ Financial Group, Inc.
	April 2019	Representative Director, President of The Master Trust
	Company held:
		Bank of Japan, Ltd.
			0 shares
			April 2021	Advisor to The Master Trust Bank of Japan, Ltd.
				June 2021	Deputy Chairman of the Company (to present)
				(Assignment)
				In charge of Internal Audit Department
	(Reason for nomination as a candidate for Director)

Mr. Hiroshi Naruse has extensive insight and an excellent track record as a corporate manager, gained through his career as Executive Officer and Corporate Executive at Mitsubishi UFJ Financial Group, Inc. and as General Manager, Executive Officer and Director at The Mitsubishi UFJ Trust and Banking Corporation. Since assuming the position of Director, he has used his insight and track record to contribute to strengthening the functions of the Board of Directors of the Company. He is expected to fully play a role further in conducting highly effective supervision of the management of the Company and the Group. Therefore, the Company proposes his election as a Director.

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				April 2003	Joined ABeam Consulting Ltd.
				September 2005	Joined the Company
				October 2009	General Manager, Credit Supervision Division of the
					Company
				January 2010	General Manager, Corporate Planning Department of
		Reappointed			the Company
	Masataka Kinoshita
	April 2010	General Manager, Guarantee Business Department of
	(September 19, 1977)		the Company
				April 2012	General Manager, Business Promotion Department of
	Cumulative years of service as		the Company
	Director of the Company:	April 2013	Chief General Manager, Business Planning Department
			9 years	April 2014	of the Company
	Record of attendance at the	Executive Officer and Chief General Manager,
		Business Planning Department of the Company
	Board of Directors meetings in
	June 2014	Executive Managing Officer, Deputy Head of Credit
	the fiscal year ended March
		Business Promotion Division and Chief General
	31, 2024:
			Manager, Business Planning Department of the
		Attendance at
3			Company
		12 out of 12 meetings	April 2015	Executive Managing Officer and Deputy Head of
	(100%)		Credit Business Promotion Division of the Company
	Number of shares of the	June 2015	Managing Director of the Company
	Company held:	June 2015	Executive Managing Officer and Head of Credit
		12,203,120 shares		Business Promotion Division of the Company
		June 2016	Executive Managing Officer of the Company
				June 2017	Deputy President of the Company
				June 2017	Deputy Chief Executive Officer of the Company
				June 2021	President of the Company (to present)
				June 2021	Chief Executive Officer of the Company (to present)
	(Reason for nomination as a candidate for Director)

Mr. Masataka Kinoshita has served as General Manager, Executive Officer, and Officer in charge of the loan business, guarantee business, business planning, human resources, system, corporate planning and other divisions of the Company, and has the wealth of knowledge and track. Since assuming the position of Director, he has used that knowledge and experience in leading the Company and the Group as President, thereby fulfilling his role and responsibilities. He is expected to contribute further to the growth and development of the Company and the Group. Therefore, the Company proposes his election as a Director.

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				March 1982	Joined the Company
				April 2004	General Manager, System Department of the Company
				July 2005	General Manager, Public Relations Department of the
					Company
				October 2005	Chief General Manager, Public Relations Department of
					the Company
				April 2011	Chief General Manager, Treasury Department	of	the
		Reappointed			Company
	Takashi Kiribuchi
	April 2015	Executive Officer and Chief General Manager, Treasury
	(October 25, 1961)		Department of the Company
				June 2017	Executive Officer and Chief General Manager,
	Cumulative years of service as		Corporate Planning Department of the Company
	Director of the Company:	June 2020	Managing Director of the Company
			4 years	June 2020	Executive Managing Officer and Chief General
	Record of attendance at the		Manager,	System	Development	& Administration
		Division of the Company
	Board of Directors meetings in
	April 2021	Executive	Managing Officer,	Head of	System
	the fiscal year ended March
		Development &	Administration	Division	of	the
	31, 2024:
			Company
		Attendance at
4		June 2021	Senior Managing Director of the Company
		12 out of 12 meetings	June 2021	Senior Executive Managing Officer and Head of System
	(100%)		Development & Administration Division of the
	Number of shares of the		Company
	Company held:	June 2023	Deputy President of the Company (to present)
		16,300 shares	June 2023	Deputy Chief Executive Officer and Head of System
					Development & Administration Division of the
				(Assignment)	Company (to present)
				Head of System Development & Administration Division
				In charge of Corporate Planning Department, System Development
				Department, System Operation Department, System Planning Office and
				System Management Office
	(Reason for nomination as a candidate for Director)

Mr. Takashi Kiribuchi has served as General Manager of the Accounting, System, Public Relations, Investor Relations and Corporate Planning divisions as well as Executive Officer, and has a wealth of experience with, and extensive insight into, corporate divisions. Since assuming the position of Director, he has used his wealth of experience and sophisticated insight to perform his role and responsibilities as Senior Managing Director. He is expected to contribute to promoting the Company's and the Group's strategies for further growth. Therefore, the Company proposes his election as a Director.

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				October 1982	Joined the Company
				April 2003	General Manager, Business Promotion Department III
					of the Company
				October 2005	General Manager, Business Promotion Department II of
					the Company
				April 2007	Chief General Manager, Credit Business Management
					Department of the Company
				December 2007	Chief General Manager, Marketing Department of the
					Company
				October 2008	Head of East Japan Branch of the Company
				April 2011	Chief General Manager, Business Promotion
					Department of the Company
		Reappointed		April 2013	Executive Officer and Chief General Manager,
	Tomomi Uchida
		Business Promotion Department of the Company
	(December 27, 1961)	June 2015	Executive Managing Officer, Deputy Head of Credit
					Business Promotion Division, and Chief General
	Cumulative years of service as		Manager, Business Promotion Department of the
	Director of the Company:		Company
			5 years	April 2016	Executive Managing Officer and Deputy Head of
	Record of attendance at the		Credit Business Promotion Division of the Company
	June 2016	Executive Managing Officer and Head of Credit
	Board of Directors meetings in
		Business Promotion Division of the Company
	the fiscal year ended March
	June 2018	Executive Managing Officer, Head of Credit
	31, 2024:
			Supervision Division, and Chief General Manager,
		Attendance at
5			Credit Supervision Department I of the Company
	12 out of 12 meetings	October 2018	Executive Managing Officer, Head of Credit
	(100%)		Supervision Division, and Chief General Manager,
	Number of shares of the		Credit Supervision Department II of the Company
	Company held:	June 2019	Managing Director of the Company
		3,000 shares	April 2020	Executive Managing Officer, Head of Credit
					Supervision Division of the Company
				June 2021	Senior Managing Director of the Company (to present)
				June 2021	Senior Executive Managing Officer and Head of Credit
					Supervision Division of the Company
				May 2022	Director of GeNiE Inc. (to present)
				April 2024	Senior Executive Managing Officer of the Company (to
				(Assignment)	present)
				In charge of General Affairs Department, Credit Supervision Department
				and Compliance for Credit Supervision Office
				(Significant concurrent positions)
				Director of GeNiE Inc.
	(Reason for nomination as a candidate for Director)

Mr. Tomomi Uchida has a wealth of knowledge and a strong track record related to promoting the loan business, the Company's major business, gained through his career as General Manager of the Loan Business divisions and Credit Supervision divisions, as well as an Executive Officer of the Company. Since assuming the position of Director, he has used that knowledge and record of performance to perform his role and responsibilities as Senior Managing Director. He is expected to contribute to further business growth and enhanced business performance of the Company and the Group. Therefore, the Company proposes his election as a Director.

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No.	Name (date of birth) and		Career summary, position, assignment
other remarks		and significant concurrent positions
				April 1992	Joined The Bank of Tokyo, Ltd.
				May 2017	Deputy General Manager, East Asia Planning Division,
					East Asia Headquarters of The Bank of Tokyo-Mitsubishi
				April 2018	UFJ, Ltd.
				Deputy General Manager, East Asia Planning Division,
				May 2018	East Asia Headquarters of MUFG Bank, Ltd.
				General Manager, Credit Policy & Planning Division of
					MUFG Bank, Ltd.
					General Manager, Credit Policy & Planning Division of
				June 2018	Mitsubishi UFJ Financial Group Inc.
				Executive Officer, General Manager, Credit Policy &
					Planning Division of MUFG Bank, Ltd.
					Executive Officer, General Manager, Credit Policy &
		Reappointed			Planning Division of Mitsubishi UFJ Financial Group,
	Tadashi Yamamoto		Inc.
	(May 23, 1969)	April 2021	Executive Officer, General Manager, Corporate Planning
					Division of MUFG Bank, Ltd.
	Cumulative years of service as		Executive Officer, General Manager, Corporate Planning
		Division of Mitsubishi UFJ Financial Group Inc.
	Director of the Company:	April 2022
	Managing Executive Officer & CSO (in charge of
			1 year		Corporate Planning Division excluding Finances &
	Record of attendance at the		Resources Management, Global Business, and
		Chairmanship Bank Office) & in charge of CPM and
	Board of Directors meetings in		Corporate Administration Division, of MUFG Bank, Ltd.
	the fiscal year ended March		Managing Executive Officer & Group Deputy CSO of
	31, 2024:			Mitsubishi UFJ Financial Group, Inc.
		June 2022	Member of the Board of Directors, Managing Executive
		Attendance at
			Officer & CSO (in charge of Corporate Planning Division
		7 out of 7 meetings		excluding Finances & Resources Management, Global
	(100%)		Business, and Chairmanship Bank Office) & in charge of
6	*The Board of Directors		CPM and Corporate Administration Division, of MUFG
	meetings held before Mr.	April 2023	Bank, Ltd.
	Member of the Board of Directors, Managing Executive
	Yamamoto's assumption of		Officer, Unit Head, and CDTO (CEO), Digital Service
	office as Director on June 23,		Unit (in charge of Digital Service Planning Division) of
	2023 are not counted.		MUFG Bank, Ltd.
					Managing Corporate Executive, Group Head and CDTO,
	Number of shares of the		Digital Service Business Group of Mitsubishi UFJ
		Financial Group, Inc.
	Company held:	June 2023	Director of the Company (to present)
			0 shares	April 2024	Managing Corporate Executive, Group Head and CDTO,
					Retail & Digital Business Group of Mitsubishi UFJ
					Financial Group, Inc. (to present)
					Member of the Board of Directors, Managing Executive
					Officer, Unit Head, and CDTO (CEO), Retail & Digital
					Business Group (in charge of Digital Service Planning
					Division) of MUFG Bank, Ltd. (to present)
				(Significant concurrent positions)
				Managing Corporate Executive, Group Head and CDTO, Retail & Digital
				Business Group of Mitsubishi UFJ Financial Group, Inc.
				Member of the Board of Directors, Managing Executive Officer, Unit Head,
				and CDTO (CEO), Retail & Digital Business Group (in charge of Digital
				Service Planning Division) of MUFG Bank, Ltd.
				Director of Biz Forward, Inc.

(Reason for nomination as a candidate for Director)

Mr. Tadashi Yamamoto has a wealth of knowledge and experience, gained through his career as General Manager, Executive Officer and Corporate Executive at Mitsubishi UFJ Financial Group, Inc. and as General Manager, Executive Officer and Member of the Board of Directors at MUFG Bank, Ltd. After his assumption of the position of Director, he is expected to fully play a role in conducting supervision of the management of the Company based on his knowledge and experience. Therefore, the Company proposes his election as a Director.

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