Terumo : Notice Concerning Partial Amendments to the Articles of Incorporation

April 12, 2023

To whom it may concern,

Company name: Terumo Corporation

Representative: Shinjiro Sato, President and CEO (Securities code: 4543, TSE Prime)

Contact: Kenichi Hata, General Manager, Investor Relations Dept. (Telephone: [phone])

Notice Concerning Partial Amendments to the Articles of Incorporation

Terumo Corporation (the "Company") hereby announces that it has resolved, at the Board of Directors' meeting held today, to submit a proposal, "Partial Amendments to the Articles of Incorporation," to the 108th Annual General Meeting of Shareholders to be held on June 27, 2023. The details are described below.

1. Reasons for amendments

According to the "Act for Partially Amending the Industrial Competitiveness Enhancement Act and Other Related Acts" that came into force on June 16, 2021, it is permitted for a listed company to hold a general meeting of shareholders without a designated location (a so-calledvirtual-only general meeting of shareholders).

The Company proposes to newly establish Paragraph 2 under the current Article 13 of the Articles of Incorporation, in order to hold a general meeting of shareholders without a designated location when the Board of Directors decides that it is not appropriate to hold a general meeting of shareholders with a designated location in light of the interests of all shareholders, due to factors such as the spread of infectious diseases or occurrences of natural disasters, and other similar circumstances.

The method of holding general meetings of shareholders will be carefully decided by the Board of Directors each time a general meeting of shareholders is held, giving highest priority to shareholders' rights and taking into consideration the status of infectious diseases or natural disasters, and other similar circumstances.

Furthermore, regarding these partial amendments to the Articles of Incorporation, the Company has obtained confirmation from the Minister of Economy, Trade and Industry and from the Minister of Justice that the Company meets the requirements of the Ordinances of the Ministry of Economy, Trade and Industry and the Ministry of Justice.

2. Details of amendments

The details of the amendments are as follows:

	(The amended parts are underlined.)
Current Articles of Incorporation	Proposed Amendments
CHAPTER III	CHAPTER III
GENERAL MEETINGS OF SHAREHOLDERS	GENERAL MEETINGS OF SHAREHOLDERS
(Convocation)	(Convocation)
Article 13. (Provision omitted)	Article 13. (Unchanged)
(Newly established)	2. The Company may hold a general meeting of
	shareholders without a designated location
	when the Board of Directors decides that it is
	not appropriate to hold a general meeting of
	shareholders with a designated location in
	light of the interests of shareholders, due to
	factors such as the spread of infectious
	diseases or occurrences of natural disasters,
	and other similar circumstances.

3. Schedule

Scheduled date of the general meeting of shareholders for the amendments to the Articles of Incorporation: June 27, 2023

Scheduled date for the amendments to the Articles of Incorporation to take effect: June 27, 2023