Fuso Chemical : Notice of Resolutions of the 66th Annual General Meeting of Shareholders

To Our Shareholders:	Securities Code: 4368
June 23, 2023
	Shinichi Sugita, Representative Director and President
	FUSO CHEMICAL CO., LTD.
	3-10, Koraibashi 4-chome,Chuo-ku, Osaka

Notice of Resolutions of the 66th Annual General Meeting of Shareholders

We hereby inform you that the following report and resolutions were made at the 66th Annual General Meeting of

Shareholders held today.

Items to be reported

1. Reports on the Business Report, the Consolidated Financial Statements, and the results of audit of the Consolidated Financial Statements by the Financial Auditor and Audit and Supervisory Committee for the 66th fiscal term (from April 1, 2022 to March 31, 2023)
2. Report on the Non-consolidated Financial Statements for the 66th fiscal term (from April 1, 2022 to March 31, 2023)

The above items were reported.

Items to be resolved

Proposal No.1 Appropriation of Surplus

The proposal was approved to pay a year-end dividend of ¥33 per share as originally proposed. Proposal No.2 Election of Seven Board Directors (Excluding Board Directors Who Are Audit and Supervisory

Committee Members)

The proposal was approved as originally proposed. The seven Directors, Misako Fujioka, Shinichi Sugita, Haruo Masauji, Takashi Tanimura, Motoki Sugimoto, Atsushi Fujioka and Hakaru Hyakushima were reelected as board directors and assumed their offices respectively.

Proposal No. 3 Election of One Board Director Who Is an Audit and Supervisory Committee Member

The proposal was approved as originally proposed. Fumiaki Hirata was reelected as a Board Director who is an Audit and Supervisory Committee Member and assumed the office.

Proposal No. 4 Determination of Remuneration for Granting Restricted Shares to Board Directors (Excluding Board Directors Who Are Audit and Supervisory Committee Members and External Board Directors)

The proposal was approved as originally proposed to introduce restricted share remuneration plan. Under the plan, the Company may newly grant restricted shares as remuneration or provide monetary remuneration claims for granting restricted shares as remuneration to Board Directors (excluding Board Directors who are Audit and Supervisory Committee Members and External Board Directors) the total amount of which shall be not more than ¥60 million per year.

The total number of the Company's common shares to be issued or disposed of for eligible Board Directors under the plan shall be not more than 18,000 shares per year.

At the Board of Directors meeting held after the Annual General Meeting of Shareholders, Representative Directors and

Managing Directors were elected and assumed their respective offices as follows.

Representative Director & Chairman	Misako Fujioka
Representative Director & President	Shinichi Sugita
Senior Managing Director	Haruo Masauji
Senior Managing Director	Takashi Tanimura