McDonald Japan : Notice of Convocation and Materials of the 52nd Annual General Meeting of Shareholders

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between the translated document and the Japanese original, the Japanese original shall prevail.

McDonald's Holdings Company (Japan), Ltd. assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To Shareholders:

NOTICE OF CONVOCATION OF

THE 52nd ANNUAL GENERAL MEETING OF SHAREHOLDERS OF

McDONALD'S HOLDINGS COMPANY (JAPAN), LTD.

The 52nd Annual General Meeting of Shareholders of McDonald's Holdings Company (Japan), Ltd. ("the Company") will be held as stated below.

In convening this Annual General Meeting of Shareholders ("the Meeting"), the Company has taken measures to provide the information including the reference materials for the Meeting ("Matters to be Provided in an Electronic Format") in an electronic format and uploaded them on each of the following websites on the Internet.

【The Company Website】

https://www.mcd-holdings.co.jp/ir/individual/shareholder_meeting/

【The Website for the Meeting Materials】

https://d.sokai.jp/2702/teiji

【Tokyo Stock Exchange (TSE) Website (TSE Listed Company Search)】

https://www2.jpx.co.jp/tseHpFront/JJK020010Action.do?Show=Show

(Please access the above TSE website, enter "McDonald's Holdings Company (Japan), Ltd." in the "Issue Name (Company Name)" field or our securities code "2702" in the "Code" field, select "Basic Information" and "Documents for public inspection/PR information" in that order, and check the "Notice of General Shareholders Meeting /Informational Materials for a General Shareholders Meeting" field in the "Filed information available for public inspection.)

No souvenirs will be provided for shareholders attending the General Meeting of Shareholders.

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If you do not attend the Meeting, you may exercise your voting rights via the Internet or in writing (by mail). Please review the reference material for the Meeting below and exercise your voting rights by 6:00 p.m. on Monday, March 27, 2023 (JST).

From the viewpoint of preventing the spread of infections such as COVID-19 and the safety of everyone, we kindly ask you to exercise your voting rights in advance via the Internet or in writing (by mail) and please make a prudent decision regarding your attendance at the Meeting, taking into consideration the prevalence of infections such as COVID-19 and your own health condition as of the date of the Meeting. The Meeting will live stream via the Internet. Please see 6 page and below in detail.

3. Agenda: Reporting Items

1. Business Report, Consolidated Financial Statements, and Accounting Auditor's Report and Audit & Supervisory Board's' Report on Consolidated Financial Statements of the Company for the 52nd Fiscal Term (January 1, 2022 through December 31, 2022)
2. Report of the Non-Consolidated Financial Statements of the Company for the 52nd Fiscal Term (January 1, 2022 through December 31, 2022)

Items for Resolution

Item No.1: Proposed Disposition of Retained Earnings

Item No.2: Appointment of Five (5) Directors

Item No.3: Appointment of One (1) Audit & Supervisory Board Member

Item No.4: Payment of Condolence Money (Retirement Allowance at death) to the late Representative Director, Mr. Atsuo Shimodaira

4. Matters to be decided at the convocation of the meeting

1. If you exercise your voting rights in writing (by mail) and neither approval nor disapproval is indicated in Voting Rights Exercise Form, the vote will be deemed to be approval.
2. If you exercise your voting rights in duplicate both via the Internet and in writing (by mail), the vote exercised via the Internet will be deemed to be the effective vote.
3. If you exercise your voting rights multiple times via the Internet, the last exercise will be deemed to be the effective vote.

Notes:

• If you attend the Meeting in person, please submit Voting Rights Exercise Form that will be sent together with this Notice at the entrance reception desk. The gates will open at noon and no admission before the time is allowed.

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• In the event of any modifications to the Matters to be Provided in an Electronic Format, a notice of the modification, as well as the information before and after the modification will be posted on each of the above internet websites.
• Of the Matters to be Provided in an Electronic Format, the following items are not included in the documents to be delivered to the shareholders who have requested delivery of the documents, in accordance with laws and regulations and Article 14 of the Articles of Association of the Company.
• 1. Explanatory Notes to Consolidated Financial Statements
  2. Explanatory Notes to Non-Consolidated Financial Statements

Therefore, the documents to be delivered to the shareholders who have requested the delivery of the documents are part of the documents that were audited by Audit & Supervisory Board Members and Independent Auditors in preparing the Audit Report.

March 10, 2023

McDonald's Holdings Company (Japan), Ltd.

Tamotsu Hiiro

Representative Director, President

Smart Convocation

You can view major contents of the convocation notice via your smartphone or computer.

We have introduced a service that makes it easier to browse the main contents of the convocation notices on smartphones and other devices.

Please access the website below or use the QR code to view the convocation notice.

* QR Code is registered trademarks of DENSOWAVE INCORPORATED.

https://p.soukai.jp/2702/

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Guide to Exercise of Voting Rights

Voting rights at the Meeting are important rights for shareholders. Please consider the following reference material for the Meeting and exercise your voting rights. There are three ways to exercise your voting rights.

• Attending the Meeting

Date and time of the meeting: 1:00 p.m., Tuesday, March 28, 2023 (The reception desk will start at noon)

Please bring and present the Voting Rights Exercise Form that will be sent together with this Notice at the entrance reception desk.

• Exercise Voting Rights in Writing (by Mail)

Exercise deadline: Vote to be received by 6:00 p.m., Monday, March 27, 2023 Please indicate your approval or disapproval of each of the agenda items on the Voting Rights Exercise Form that will be sent together with with this Notice, and return it to us by the deadline.

• Exercise Voting Rights via the Internet

Exercise deadline: Vote to be given by 6:00 p.m., Monday, March 27, 2023

Please enter your approval or disapproval of each of the agenda items following the guidance on the next page.

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