Resolutions for the General Meeting of Shareholders
Extraordinary General Meeting of Shareholders<Shareholder Proposal> Proposal: Investigation of deficiencies in the company’s risk management framework, internal controls and Board of Directors’ oversight framework relating to risks in the supply chains for palm oil, paper and pulp (Proposal to appoint persons to investigate the status of the company’s operations and assets as provided for in Article 316, Paragraph 2 of the Companies Act)
Proposer Oasis Japan Strategic Fund Ltd. and Oasis Opportunities Fund One SPC - Echo SP / Proposal To appoint Maekawa Akira (前川晶), Kusuda Masashi (楠田真士) and Carr-Howard (カー・ホワード) as persons to investigate the status of the company’s operations and assets as provided for in Article 316, Paragraph 2 of the Companies Act, and other matters / Board of Directors’ Position Dissenting votes
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Extraordinary General Meeting of Shareholders |
| Date and time | 10:00 a.m. on Thursday, 30 April 2026 |
| Matters for resolution | <Shareholder Proposal> Proposal: Investigation of deficiencies in the company’s risk management framework, internal controls and Board of Directors’ oversight framework relating to risks in the supply chains for palm oil, paper and pulp (Proposal to appoint persons to investigate the status of the company’s operations and assets as provided for in Article 316, Paragraph 2 of the Companies Act) |
| Shareholder Proposal | Proposer Oasis Japan Strategic Fund Ltd. and Oasis Opportunities Fund One SPC - Echo SP / Proposal To appoint Maekawa Akira (前川晶), Kusuda Masashi (楠田真士) and Carr-Howard (カー・ホワード) as persons to investigate the status of the company’s operations and assets as provided for in Article 316, Paragraph 2 of the Companies Act, and other matters / Board of Directors’ Position Dissenting votes |
Items this document does not state (2)
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 Board of Directors opposes the shareholder proposal because it found no facts indicating material deficiencies in the internal control system and determined that an additional investigation by external experts was unnecessary. The company also explains that its supply chain management framework and the Board of Directors’ oversight are functioning appropriately.