Itochu : Notice of the Resolutions at the 99th Ordinary General Meeting of Shareholders

(TRANSLATION ONLY) Stock Code: 8001

June 23, 2023

To Shareholders

Masahiro Okafuji

Chairman & Chief Executive Officer

ITOCHU Corporation

1-3, Umeda 3-chome,Kita-ku, Osaka

NOTICE OF THE RESOLUTIONS AT THE 99TH

ORDINARY GENERAL MEETING OF SHAREHOLDERS

We hereby inform you of the presentations and resolutions approved at the 99th Ordinary General Meeting of Shareholders held today as follows:

Presentations:

1. We reported the Business Report, the Consolidated Financial Statements and the report of the audit of the Consolidated Financial Statements by the Independent Auditor and Audit & Supervisory Board for the 99th Fiscal Term (from April 1, 2022 to March 31, 2023).
2. We reported the Non-Consolidated Financial Statements for the 99th Fiscal Term (from April 1, 2022 to March 31, 2023).

Resolutions:

Proposal No. 1: Appropriation of Surplus

Proposal No. 1 was approved and passed in its original form, with a term-end dividend of ¥75 per share.

Proposal No. 2: Election of Ten (10) Directors

Proposal No. 2 was approved and passed in its original form. Nine (9) directors (Masahiro Okafuji, Keita Ishii, Fumihiko Kobayashi, Tsuyoshi Hachimura, Hiroyuki Tsubai, Hiroyuki Naka, Masatoshi Kawana, Makiko Nakamori and Kunio Ishizuka) were re-elected and reappointed as directors as of June 23, 2023 and Akiko Ito was newly elected and took office as a director as of June 23, 2023. Directors Masatoshi Kawana, Makiko Nakamori, Kunio Ishizuka and Akiko Ito are Outside Directors.

Proposal No. 3: Election of Four (4) Audit & Supervisory Board Members

Proposal No. 3 was approved and passed in its original form. Kentaro Uryu was re-elected and reappointed as an audit & supervisory board member as of June 23, 2023 and three (3) audit & supervisory board members (Yoshiko Matoba, Tsutomu Fujita and Kumi Kobayashi) were newly elected and took office as audit & supervisory board members as of June 23, 2023. Audit & Supervisory Board Members Kentaro Uryu, Tsutomu Fujita and Kumi Kobayashi are Outside Audit & Supervisory Board Members.

End

Note: 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.