Seven Bank : Convocation Notice of the 23rd Annual General Meeting of Shareholders

Please note that the following is an English translation of the original Japanese version, prepared only for the convenience of shareholders residing outside Japan. In the case of any discrepancy between the translation and the Japanese original, the latter shall prevail.

Securities Identification Code: 8410 May 31, 2024 (Date of commencement of electronic provision measures: May 20, 2024)

CONVOCATION NOTICE OF THE 23RD ORDINARY GENERAL

MEETING OF SHAREHOLDERS OF SEVEN BANK, LTD.

Dear Shareholder,

Notice is hereby given that the 23rd Ordinary General Meeting of Shareholders (the "Meeting") of Seven Bank, Ltd. (the "Bank") will be held as described below.

When convening the Meeting, the Bank has taken measures for providing information in electronic format (the "electronic provision measures") and has posted matters subject to the electronic provision measures on the following Bank's website. Please access the website to view the information.

[The Bank's website] https://www.sevenbank.co.jp/english/ir/stock/meeting.html

In addition to the Bank's website shown above, the Bank also has posted this information on the website of Tokyo Stock Exchange (TSE). To view the information, please access the following TSE website (Listed Company Search), input the issue name (Seven Bank, Ltd.) or securities identification code (8410), and click "Search," and then click "Basic information" and select "Documents for public inspection/PR information."

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

In lieu of attending the Meeting in person, you may exercise your voting rights in writing or by electronic means (e.g., the Internet). Please review the "Reference Materials for General Meeting of Shareholders" and exercise your voting rights by 5:30 p.m. on Friday, June 14, 2024.

Yours Sincerely,

Masaaki Matsuhashi, President and Representative Director

Seven Bank, Ltd.

6-1 Marunouchi 1-chome,

Chiyoda-ku, Tokyo

Shareholders with limited mobility or who require an interpreter may be accompanied by and seated with a caregiver or interpreter. Please inform the reception desk on the day of the Meeting.

Dedicated space is available in the venue for those in wheelchairs. Please ask for information at the reception desk.

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Date and time	Monday, June 17, 2024, at 10 a.m. (Doors open at 9 a.m.)
Place	Ho-O-No-Ma (Main Hall)
	Tokyo Prince Hotel
	3-1, Shibakoen 3-chome,Minato-ku, Tokyo
Agenda of the Meeting
Matters to be	1. Business Report and Report on the Consolidated Financial Statements
Reported	for the 23rd Fiscal Period (from April 1, 2023 to March 31, 2024) and the
	Results of Audit by the Accounting Auditor and the Audit & Supervisory
	Board on Said Consolidated Financial Statements.
	2. Report on the Non-consolidated Financial Statements for the 23rd Fiscal
	Period (from April 1, 2023 to March 31, 2024).
Matters to be	Proposal 1	Election of Eight (8) Directors
Resolved	Proposal 2	Election of One (1) Audit & Supervisory Board Member
	Proposal 3	Election of One (1) Substitute Audit & Supervisory Board
		Member

Matters decided in convening the Meeting

1. Should you indicate neither approval nor disapproval on each proposal in the Exercise of Voting Rights Form, it shall be treated as an approval vote.
2. Should you wish to exercise non-uniform voting rights, please provide written or electronic notification to this effect, together with the reasons for your decision, no later than three days prior to the Meeting.

End

Notes:

• If any amendments are made to matters subject to the electronic provision measures, such amendments will be posted on the respective websites where the matters are posted.
• Certain matters omitted from the document to be delivered
  The following matters will not be provided in the paper copy to shareholders who made a request for delivery of documents pursuant to the provisions of laws and regulations and Article 14, Paragraph 2 of the Articles of Incorporation of the Bank. Accordingly, the paper copy to be delivered to shareholders who made a request for delivery of documents constitutes only part of the documents audited by the Audit & Supervisory Board Members and the Accounting Auditor to prepare the Audit Report.
• 1. "Matters concerning the Bank's subscription rights to shares, etc.," "System for ensuring the suitable maintenance of operations," "Basic policy concerning the current status of persons supervising the determination of financial and operational policy," "Matters concerning specific wholly owned subsidiaries," "Matters concerning transactions with the Bank's parent company and others," "Matters concerning accounting advisors," and "Other" in the Business Report;
  2. "Consolidated Statement of Changes in Net Assets" and the notes to the Consolidated Financial Statements, and;
  3. "Statement of Changes in Net Assets" and the notes to the Non-consolidated Financial Statements.

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Guidance to the Exercise of Voting Rights

Voting rights are important rights of shareholders. Please exercise your voting rights after carefully reviewing the "Reference Materials for General Meeting of Shareholders" listed in the matters subject to the electronic provision measures.

There are three methods for the exercise of voting rights as follows.

Attending the General Meeting

Please present the enclosed Exercise of Voting Rights Form at the reception desk. Date and time of the General Meeting: Monday, June 17, 2024, at 10 a.m.

By mail

Please indicate your approval or disapproval of the proposals on the enclosed Exercise of Voting Rights Form, and return it so that it arrives by the following deadline.

Exercise deadline: Must arrive by 5:30 p.m., Friday, June 14, 2024

Via the Internet

Please access the voting service Web site (https://evote.tr.mufg.jp/) designated by the Bank and enter your approval or disapproval of the proposals by the following deadline.

Exercise deadline: No later than 5:30 p.m., Friday, June 14, 2024

Notes on the exercise of voting rights via the Internet

• Handling of exercise of voting rights via the Internet is suspended from 2:30 a.m. to 4:30 a.m. daily.
• If you have exercised your voting rights via the Internet, the vote exercised via the Internet shall prevail even if you exercise your voting rights by returning the Exercise of Voting Rights Form by mail.
• If you have exercised your voting rights more than once via the Internet, only the last vote shall prevail.
• Telecommunications and other charges that might be required to access the voting service Web site shall be borne by the shareholder.
• Please note that the exercise of voting rights using a personal computer or a smartphone, etc. may not be available depending on the Internet environment of each shareholder.

To Institutional Investors

As an alternative method for the exercise of voting rights for the Bank's General Meetings, the Electronic Voting Platform operated by Investor Communications Japan, Inc. is available.

For inquiries relating to the system, etc., please contact:

Mitsubishi UFJ Trust and Banking Corporation, Stock Transfer Agency Division (Help Desk): 0120-173-027

Operating hours: 9:00 a.m. to 9:00 p.m.

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Reference Materials for General Meeting of Shareholders

Proposal 1: Election of Eight (8) Directors

The term of office of all eight (8) incumbent Directors will expire at the end of this General Meeting of Shareholders. We therefore propose that you elect eight (8) Directors.

Candidates for the position of Director are as follows.

Candidate

Skill Matrix

Name

Corporate

Sales and

Product

Human

Financial

Legal Affairs

number

Development

Global

Resources &

Affairs and

& Risk

Management

Marketing

& IT

Labor

Finance

Management

Yasuaki

Chairman and

〇

〇

〇

〇

1

Reappointed

Representative

Funatake

Director

Masaaki

President and

〇

〇

〇

2

Reappointed

Representative

Matsuhashi

Director

Tsuyoshi

〇

〇

〇

3

Reappointed

Director

Kobayashi

Outside

Makoto

Director

〇

〇

〇

〇

4

Reappointed

Kigawa

Independent

Officer

Outside

Yukiko

Director

〇

〇

〇

5

Reappointed

Kuroda

Independent

Officer

Outside

Etsuhiro

Director

〇

〇

〇

6

Reappointed

Takato

Independent

Officer

Outside

Director

〇

〇

〇

7

Yuji Hirako

Reappointed

Independent

Officer

Outside

Director

〇

〇

8

Tami Kihara

Reappointed

Independent

Officer

Skill Matrix of Audit & Supervisory Board Members

		Kazuhiko	Full-time Audit &
	Reappointed
	Supervisory	○		○
	Ishiguro
			Board Member
		Ryoji Sakai	Full-time Audit
		& Supervisory	○	○	○
			Board Member
				Outside Audit &
		Hideaki		Supervisory
			Board Member	○		○
		Terashima
				Independent
				Officer
				Outside Audit &
		Chieko		Supervisory
			Board Member		○
		Ogawa
				Independent
				Officer

If Proposals 1 and 2 are approved as proposed, the skills and matrix of Directors and Audit & Supervisory Board Members after this General Meeting of Shareholders will be as shown above. We utilize the skill matrix when appointing Directors and Audit & Supervisory Board Members, and aim for a well-balanced composition of members with diverse skills and expertise.

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				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	meetings of the
Company	Board of
number	(Date of birth)		positions
	shares owned	Directors during
					fiscal 2023
		Apr. 1980	Joined the Long-Term Credit Bank of Japan, Limited
			(now SBI Shinsei Bank, Limited)
		Jul. 2001	Manager of Retail Business Development Division,
			Shinsei Bank, Limited (now SBI Shinsei Bank, Limited)
		Dec. 2001	Joined the Bank
		Oct. 2002	General Manager of Business Development Division,
			the Bank
		May 2006	General Manager of Project Development Division, the
			Bank
		Jun. 2006	Executive Officer, General Manager of Project
			Development Division, the Bank
		Jun. 2008	Director, Executive Officer, General Manager of
			Business Promotion Division, the Bank
		Jun. 2010	Director, Managing Executive Officer, General
			Manager of Planning Division, the Bank
		Jun. 2013	Director, Senior Managing Executive Officer, General		Attended
	Yasuaki Funatake		Manager of Planning Division, the Bank		all 15
1	(November 29, 1956)	Apr. 2014	Director, Senior Managing Executive Officer, the Bank	227,600
	Reappointed	Jun. 2016	Director, Executive Vice President, the Bank		meetings
			(100%)
		Jun. 2018	President and Representative Director, the Bank
		Jun. 2018	Director, Seven Pay Co., Ltd.
		Jun. 2022	Chairman and Representative Director, the Bank
			(present post)
		May 2023	Director, Seven Card Service Co., Ltd. (present post)
		[Significant Concurrent Positions]
		Director, Seven Card Service Co., Ltd.
		[Reasons for appointing the candidate for Director]
		Mr. Yasuaki Funatake, as Chairman and Representative Director of
		the Bank, possesses abundant experience and demonstrated
		outstanding performance and insights in the Bank's overall
		management. Therefore, the Bank judges him to be suitable to
		control and supervise the Bank's overall management and a suitable
		candidate for Director.
		Apr. 1983	Joined NEC Engineering, Ltd. (now NEC Platforms,
			Ltd.)
		Apr. 2002	Joined NEC Corporation
		Apr. 2003	Joined the Bank
		Apr. 2009	General Manager of ATM Solution Division, the Bank
		Jun. 2011	Executive Officer, General Manager of ATM Solution
			Division, the Bank
		Jul. 2015	Managing Executive Officer, General Manager of ATM
			Solution Division, the Bank
		Apr. 2016	Managing Executive Officer, the Bank		Attended
		Jun. 2018	Senior Managing Executive Officer, the Bank
	Masaaki Matsuhashi		all 15
2	Jul. 2021	Senior Managing Executive Officer, General Manager	26,267
(April 6, 1962)	meetings
	Reappointed		of Corporate Transformation Division, the Bank
		Oct. 2021	Senior Managing Executive Officer, the Bank		(100%)
		Jun. 2022	President and Representative Director, the Bank
			(present post)
		[Business in Charge]
		Internal Audit Division
		[Reasons for appointing the candidate for Director]
		Mr. Masaaki Matsuhashi, as President and Representative Director
		of the Bank, has controlled the Bank's overall management and
		possesses abundant experience, and demonstrated performance
		and insight in promoting the Bank's management strategies.
		Therefore, the Bank judges him to be a suitable candidate for
		Director.

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				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	meetings of the
Company	Board of
number	(Date of birth)		positions
	shares owned	Directors during
					fiscal 2023
		Apr. 1981	Joined The Long-Term Credit Bank of Japan, Limited
			(now SBI Shinsei Bank, Limited)
		Jun. 2000	Joined The Industrial Bank of Japan, Limited (now
		Feb. 2004	Mizuho Bank, Ltd.)
		Joined Seven-Eleven Japan Co., Ltd.
		Sep. 2005	Executive Officer and Senior Officer of the Corporate
			Planning Department, Seven & i Holdings Co., Ltd.
		May 2009	Director, Executive Officer and Senior Officer of the
			Corporate Planning Department and the Overseas
			Planning Department, Seven & i Holdings Co., Ltd.
		Dec. 2014	Director, Executive Officer and Senior Officer of
			Assistant to the President, Seven & i Holdings Co.,
			Ltd.
		May 2015	Deputy Director-General of Planning Division, the
			Bank
		Mar. 2017	Director and Senior Managing Executive Officer,
			Seven Financial Service Co., Ltd.
		Mar. 2017	Director and Senior Managing Executive Officer,
		Mar. 2018	Seven Card Service Co., Ltd.
	Tsuyoshi Kobayashi	Director, Seven CS Card Service Co., Ltd.		Attended 10
	Jun. 2018	President and Representative Director, Seven Pay
3		of 11
(August 12, 1957)		Co., Ltd.	32,900
	meetings
	Reappointed	Mar. 2022	Executive Officer and General Manager of Financial		(90.9%)
			Business Strategy Office, Seven & i Holdings Co., Ltd.
		Mar. 2023	Chairman and Representative Director, Seven
			Financial Service Co., Ltd. (present post)
		Mar. 2023	Chairman and Representative Director, Seven Card
			Service Co., Ltd. (present post)
		Apr. 2023	Managing Executive Officer, Head of Financial
		Jun. 2023	services, Seven & i Holdings Co., Ltd. (present post)
		Director, the Bank (present post)

[Significant Concurrent Positions]

Managing Executive Officer, Seven & i Holdings Co., Ltd. Chairman and Representative Director, Seven Card Service Co., Ltd.

Chairman and Representative Director, Seven Financial Service Co., Ltd.

[Reasons for appointing the candidate for Director]

Mr. Tsuyoshi Kobayashi, as Managing Executive Officer of Seven & i Holdings Co., Ltd. and as Chairman and Representative Director of both Seven Card Service Co., Ltd. and Seven Financial Service Co., Ltd., possesses experience and demonstrated insight. Therefore, the Bank judges him to be a suitable candidate for Director.

6

				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	meetings of the
Company	Board of
number	(Date of birth)		positions
	shares owned	Directors during
					fiscal 2023
		Apr. 1973	Joined The Fuji Bank, Limited (now Mizuho Bank,
			Ltd.)
		Apr. 2004	Managing Director, Mizuho Corporate Bank, Ltd. (now
			Mizuho Bank, Ltd.)
		Apr. 2005	Joined YAMATO TRANSPORT CO., LTD. (now
			YAMATO HOLDINGS CO., LTD.)
		Jun. 2005	Managing Director, YAMATO TRANSPORT CO.,
			LTD.
		Jun. 2006	Representative Director and Senior Executive Officer,
			YAMATO TRANSPORT CO., LTD.
		Mar. 2007	Representative Director, President and Executive
			Officer, YAMATO TRANSPORT CO., LTD.
		Apr. 2011	Representative Director, President and Executive
			Officer, YAMATO HOLDINGS CO., LTD.
		Apr. 2015	Representative Director and Chairman, YAMATO
			HOLDINGS CO., LTD.
		Jun. 2016	Director, Komatsu Ltd.
		Apr. 2018	Director and Chairman, YAMATO HOLDINGS CO.,
	Makoto Kigawa		LTD.		Attended
	(December 31, 1949)	Jun. 2018	Director, the Bank (present post)
		all 15
4	Reappointed	Apr. 2019	Director, YAMATO HOLDINGS CO., LTD.	0
meetings
	Independent Officer	Jun. 2019	Director, Oki Electric Industry Co., Ltd. (present post)
		(100%)
	Outside Director
	Jun. 2019	Special Adviser, YAMATO HOLDINGS CO., LTD.
		Apr. 2020	Corporate Auditor, The Higo Bank, Ltd.
		Apr. 2022	Director, The Higo Bank, Ltd. (present post)
		Jun. 2022	External Board Member, ICMG Co., Ltd. (present
			post)
		Jun. 2023	Advisor, YAMATO HOLDINGS CO., LTD.

[Significant Concurrent Positions]

Outside Director, Oki Electric Industry Co., Ltd. Outside Director, The Higo Bank, Ltd.

[Reasons for appointing the candidate for Outside Director and Outline of Expected Roles]

Mr. Makoto Kigawa's experience and insight as a manager at YAMATO HOLDINGS CO., LTD., etc., have genuinely contributed to the Bank's management. Therefore, the Bank judges him to be a suitable candidate for Outside Director. If he is elected as an Outside Director, the Bank expects him to continue providing supervision and guidance regarding management policies and business operations drawing on his experience and insight in corporate management.

7

				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	meetings of the
Company	Board of
number	(Date of birth)		positions
	shares owned	Directors during
					fiscal 2023
		Apr. 1986	Joined Sony Corporation
		Jan. 1991	Representative Director, People Focus Consulting
		Jun. 2010	Audit & Supervisory Board Member, Astellas Pharma
			Inc.
		Mar. 2011	Director, CAC Co., Ltd. (now CAC Holdings
			Corporation)
		Apr. 2012	Director/Founder, People Focus Consulting
		Jun. 2013	Director, Marubeni Corporation
		Jun. 2015	Member of the Board, Mitsui Chemicals, Inc.
		Jun. 2018	Director, the Bank (present post)
		Jun. 2018	Director, Terumo Corporation (present post)
		Jun. 2022	Director, OBAYASHI CORPORATION (present post)
	Yukiko Kuroda	Aug. 2022	Director, Oracle Corporation Japan (present post)		Attended
	(September 24, 1963)
	Mar. 2024	Advisor/Founder, People Focus Consulting (present		all 15
5	Reappointed	0
	Independent Officer		post)		meetings
			(100%)
	Outside Director	[Significant Concurrent Positions]
		Advisor/Founder, People Focus Consulting
		Outside Director, Terumo Corporation
		Independent Director, OBAYASHI CORPORATION
		Outside Director, Oracle Corporation Japan
		[Reasons for appointing the candidate for Outside Director and Outline
		of Expected Roles]
		Ms. Yukiko Kuroda's experience as a corporate manager and insight
		related to the development of human resources who can handle
		global business have genuinely contributed to the Bank's
		management. Therefore, the Bank judges her to be a suitable
		candidate for Outside Director. If she is elected as an Outside
		Director, the Bank expects her to continue providing supervision and
		guidance regarding management policies and business operations
		drawing on her experience in corporate management and insight into
		the development of human resources who can handle global
		business.

8

				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	Company	meetings of the
	shares	Board of
	(Date of birth)		positions
number		owned	Directors during
					fiscal 2023
		Apr. 1979	Joined Ajinomoto Co., Inc.
		Aug. 2002	President, PT Ajinomoto Indonesia
		Jul. 2007	General Manager, Industrial Umami Seasonings
			Dept., Amino Acids Company, Ajinomoto Co., Inc.
		Jun. 2009	Corporate Executive Officer, Ajinomoto Co., Inc.
		Jun. 2009	President, Ajinomoto do Brasil Indústria e Comércio
			de Alimentos Ltda.
		Jun. 2013	Member of the Board & Corporate Vice President,
			Ajinomoto Co., Inc.
		Jun. 2013	President, Ajinomoto Co., (Thailand) Ltd.
		Jan. 2015	President, Ajinomoto SEA Regional Headquarters Co.,
			Ltd.
		Jun. 2015	Member of the Board & Corporate Senior Vice
			President, Ajinomoto Co., Inc.
		Jun. 2016	General Manager, Food Products Division, Ajinomoto
			Co., Inc.
	Etsuhiro Takato	Jun. 2017	Representative Director & Corporate Senior Vice		Attended 14
		President, Ajinomoto Co., Inc.
6	(February 6, 1957)	Jun. 2019	Member of the Board, Ajinomoto Co., Inc.	6,900	of 15
Reappointed	Jun. 2020	Chairman, Umami Manufacturers Association of	meetings
	Independent Officer		(93.3%)
	Outside Director	Jun. 2021	Japan
		Advisor, Ajinomoto Co., Inc.
		Mar. 2022	Director, Milbon Co., Ltd. (present post)
		Apr. 2022	Director, TOKYO VERDY, Inc. (present post)
		Jun. 2022	Director, the Bank (present post)

[Significant Concurrent Positions] Outside Board Director, Milbon Co., Ltd.

[Reasons for appointing the candidate for Outside Director and Outline of Expected Roles]

Mr. Etsuhiro Takato's experience and insight in corporate management, marketing, and global duties from working at Ajinomoto Co., Inc. have genuinely contributed to the Bank's management. Therefore, the Bank judges him to be a suitable candidate for Outside Director. If he is elected as an Outside Director, the Bank expects him to continue providing supervision and guidance regarding management policies and business operations drawing on his experience and insight in corporate management, marketing, and global duties.

9

				Number of	Attendance at
Candidate	Name	Biography, position and business in charge, and significant concurrent	meetings of the
Company	Board of
number	(Date of birth)		positions
	shares owned	Directors during
					fiscal 2023
		Apr. 1981	Joined ALL NIPPON AIRWAYS CO., LTD. (now ANA
			HOLDINGS INC.)
		Apr. 2010	Director of Corporate Planning, ALL NIPPON
			AIRWAYS CO., LTD.
		Jun. 2011	Executive Vice President, ALL NIPPON AIRWAYS
			CO., LTD.
		Apr. 2013	Executive Vice President, ALL NIPPON AIRWAYS
			CO., LTD.
		Apr. 2015	Executive Vice President, ANA HOLDINGS INC.
		Jun. 2015	Member of the Board of Directors, Executive Vice
			President, ANA HOLDINGS INC.
		Apr. 2017	Member of the Board of Directors, ANA HOLDINGS
			INC.
		Apr. 2017	President and CEO, ALL NIPPON AIRWAYS, CO.,
	Yuji Hirako		LTD.		Attended
	(January 25, 1958)	Apr. 2022	Member of the Board, Vice Chairman, ANA
		all 11
7	Reappointed		HOLDINGS INC.	600
	meetings
	Independent Officer	Jun. 2023	Director, the Bank (present post)
		(100%)
	Outside Director	Jun. 2023	Director, JVCKENWOOD Corporation (present post)
		Apr. 2024	Senior Advisor, ANA HOLDINGS INC. (present post)
		[Significant Concurrent Positions]
		Senior Advisor, ANA HOLDINGS INC.
		External Director, JVCKENWOOD Corporation
		[Reasons for appointing the candidate for Outside Director and Outline
		of Expected Roles]
		Mr. Yuji Hirako's experience and insight as a manager at ANA
		HOLDINGS INC., etc. have genuinely contributed to the Bank's
		management. Therefore, the Bank judges him to be a suitable
		candidate for Outside Director. If he is elected as an Outside
		Director, the Bank expects him to continue providing supervision and
		guidance regarding management policies and business operations
		drawing on his experience and insight in corporate management.
		Apr. 1985	Joined Ricoh Company, Ltd.
		Apr. 2019	Administrative Officer and General Manager of
			Technology Management Division, Ricoh IT Solutions
			Co., Ltd.
		Apr. 2021	General Manger of Digital Professionals Strategy
			Center of Digital Strategy Department, Ricoh
			Company, Ltd.
		Apr. 2022	Administrative Officer, Ricoh IT Solutions Co., Ltd.
	Tami Kihara	Jul. 2022	Director, Ricoh IT Solutions Co., Ltd.		Attended
	Jun. 2023	Director, the Bank (present post)
	(June 27, 1962)
		all 11
8	Reappointed			0
Apr. 2024	Advisor, ILY. inc (present post)	meetings
	Independent Officer
	[Reasons for appointing the candidate for Outside Director and Outline		(100%)
	Outside Director
		of Expected Roles]
		Ms. Tami Kihara' experience and insight in corporate management
		at Ricoh IT Solutions Co., Ltd. and HR strategy at Ricoh Company,
		Ltd. have genuinely contributed to the Bank's management.
		Therefore, the Bank judges her to be a suitable candidate for
		Outside Director. If she is elected as an Outside Director, the Bank
		expects her to continue providing supervision and guidance
		regarding management policies and business operations drawing on
		her experience and insight in corporate management and HR
		strategy.

Notes: 1. Mr. Yasuaki Funatake concurrently serves as Director of Seven Card Service Co., Ltd., which is the Bank's specified related business operator.

Mr. Tsuyoshi Kobayashi concurrently serves as Managing Executive Officer of Seven & i Holdings Co., Ltd., which is the Bank's specified related business operator, and as Chairman and Representative Director of both Seven Card Service Co., Ltd. and Seven Financial Service Co., Ltd.

There are no particular interests between the Bank and any of the other candidates for Director.

If the election of Mr. Tsuyoshi Kobayashi is approved as originally proposed, Mr. Kobayashi will become a non-executive Director.

1. Mr. Makoto Kigawa, Ms. Yukiko Kuroda, Mr. Etsuhiro Takato, Mr. Yuji Hirako, and Ms. Tami Kihara are candidates for Outside Director of the Bank.
2. Regarding Mr. Makoto Kigawa, Ms. Yukiko Kuroda, Mr. Etsuhiro Takato, Mr. Yuji Hirako, and Ms. Tami Kihara, who are currently serving as Outside Directors of the Bank, each candidate's length of service period as an Outside Director is six years for Mr. Makoto Kigawa and Ms. Yukiko Kuroda, and two years for Mr. Etsuhiro Takato, and one year for Mr. Yuji Hirako and Ms. Tami Kihara at the end of the 23rd Ordinary General Meeting of Shareholders.
3. With Mr. Makoto Kigawa, Ms. Yukiko Kuroda, Mr. Etsuhiro Takato, Mr. Yuji Hirako, and Ms. Tami Kihara, the Bank currently has a contract for limitation of indemnity liability as provided in Article 423, Paragraph 1 of the Companies Act on the basis of the provisions of Article 427, Paragraph 1 of the Companies Act. (Provided, however, that the amount of the liability limitation under the contract is as

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