Notice Regarding a Shareholder Request to Convene an Extraordinary General Meeting of Shareholders (Follow-up)
Synchro Food Co.,Ltd.
Request to convene an extraordinary general meeting and the governance structure of the Board of Directors
Receipt of a request to convene an extraordinary general meeting from AVI JAPAN OPPORTUNITY TRUST PLC, a shareholder
Related procedures
Shareholder's request to convene an extraordinary general meeting of shareholders
Company response
The Nomination and Compensation Committee is conducting interviews with the recommended candidates
The Company will continue considering the recommended candidates and the governance structure, including increasing the number of outside directors by 2, in preparation for the 23rd Annual General Meeting of Shareholders scheduled for June 2026. Details of the agenda items proposed by the Company will be disclosed once decided.
Details of the agenda items proposed by the Company and other matters will be disclosed in a timely and appropriate manner once decided.
| Item | Details |
|---|---|
| Event name | Notice Regarding a Shareholder Request to Convene an Extraordinary General Meeting of Shareholders (Follow-up) |
| Subject Entity | Synchro Food Co.,Ltd. |
| Target Locations / Products | Request to convene an extraordinary general meeting and the governance structure of the Board of Directors |
| Cause | Receipt of a request to convene an extraordinary general meeting from AVI JAPAN OPPORTUNITY TRUST PLC, a shareholder |
| Type of litigation or proceeding | Shareholder's request to convene an extraordinary general meeting of shareholders |
| Investigation structure | The Nomination and Compensation Committee is conducting interviews with the recommended candidates |
| Outlook | The Company will continue considering the recommended candidates and the governance structure, including increasing the number of outside directors by 2, in preparation for the 23rd Annual General Meeting of Shareholders scheduled for June 2026. Details of the agenda items proposed by the Company will be disclosed once decided. |
| Planned follow-up disclosure | Details of the agenda items proposed by the Company and other matters will be disclosed in a timely and appropriate manner once decided. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company determined that convening an extraordinary general meeting within a short period to change the composition of the Board of Directors would not be appropriate in light of the costs of holding the meeting and the burden on shareholders. It is also considering these measures to strengthen the Board of Directors’ oversight function and achieve a more appropriate governance structure.