The 65th Ordinary General Meeting of the Members of the Association was held on Monday, 13th July 2015 in Room 303 of the Kaiun Club in Tokyo.

The Chairman of the Association, Mr. Koichi Muto, was elected as the Chairman of the Meeting. The Meeting then reported on the following matters and considered the following proposals:-

Matters reported:

The Business Report for the 65th financial year (i.e.: the period from 1st April 2014 to 31st March 2015).

The report was made to the Meeting in accordance with the publication “The 65th period Business Report (for the period from 1st April 2014 to 31st March 2015)”.

Proposals approved:

Proposal no.1

To approve the Inventory; Balance Sheet; Income and Expenditure Account; and the proposals for the disposition of the surplus for the 65th financial year (i.e.: the period from 1st April, 2014 to 31st March 2015);

The above Proposal no.1 was considered by the Meeting and approved as proposed.

Proposal no.2

To approve an amendment to the Articles of Association;

The above Proposal no.2 was considered by the Meeting and approved as proposed.

Proposal no.3

To elect Members to the Board of Directors of the Association and to appoint Auditors;

The Meeting noted that it was necessary to elect new members to the Board of Directors in order to replace nine directors who had tendered their resignation. The Meeting further agreed that the Chairman should propose the names of candidates for these appointments to the Meeting.

The Chairman then proposed the names of eight candidates, all of whom were duly elected at the Meeting.

In addition, it was reported to the Meeting that the terms of appointment of all three Auditors of the Association had  expired and it was agreed that the Chairman would propose the candidates to the Meeting. The Chairman then proposed three candidates for the position of Auditors, who were elected by the Meeting.

Proposal no.4

To provide the necessary authorities to the Board of Directors for the handling of decisions at the General Meeting of Members;

The above Proposal no.4 was considered by the Meeting and approved as proposed.

The Ordinary General Meeting of the Members of the Association was closed after the above Proposals were approved by the Meeting.

At the 589th Meeting of the Board of Directors, which was held immediately following the Ordinary General Meeting of the Members, the Representing Directors, the Chairman and the Deputy Chairmen of the Association were duly elected.

Please find attached a list of both the members of the Board of Directors and the Auditors of the Association at the close of 65th Ordinary General Meeting of the Members of the Association.