Independent Outside Directors and Voluntary Nomination and Compensation Advisory Committee

「In April 2025, we established a special committee composed of a majority of independent outside directors to deliberate and consider the details of material transactions with the controlling shareholder, so that the interests of minority shareholders would not conflict with those transactions. To further strengthen our corporate governance structure, we plan to increase the number of independent outside directors to a total of 5, subject to approval at the ordinary general meeting of shareholders scheduled for 30 January 2026.」

「We have appointed 3 independent outside directors to protect minority shareholders. In January 2024, the Board of Directors established a voluntary Nomination Advisory Committee and Compensation Advisory Committee as advisory bodies concerning the nomination and compensation of officers. In March 2024, we selected a structure in which both committees included the 3 independent outside directors.」