Resolutions for the General Meeting of Shareholders
Annual (106th fiscal year)Appropriation of surplus
Election of 8 directors
Election of 1 substitute Audit & Supervisory Board Member
Amendment to the Articles of Incorporation concerning the composition of outside directors
Amendment to the Articles of Incorporation concerning the record date for the Annual General Meeting of Shareholders
LONGCHAMP SICAV submitted Proposals 4 and 5. The Board of Directors is opposed to both.
A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.| Item | Details |
|---|---|
| Type of shareholders' meeting | Annual (106th fiscal year) |
| Date and time | 25 June 2026 (Thursday), 10:00 a.m. (reception opens at 9:00 a.m.) |
| Matters for resolution | Proposal 1: Appropriation of surplus, Proposal No. 2: Election of 8 directors, Proposal 3: Election of 1 substitute Audit & Supervisory Board Member, Proposal 4: Amendment to the Articles of Incorporation concerning the composition of outside directors, Proposal No. 5: Amendment to the Articles of Incorporation concerning the record date for the Annual General Meeting of Shareholders |
| Shareholder Proposal | LONGCHAMP SICAV submitted Proposals 4 and 5. The Board of Directors is opposed to both. |
| Director nominee | 8, including 0 new candidates and 3 outside candidates |
Items this document does not state (1)
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 proposals are based on the need to continue stable dividend payments, the experience and knowledge of the director candidates, and preparedness for the number of outside Audit & Supervisory Board Members required by law. Regarding the shareholder proposals, the Board of Directors is opposed on the grounds that a provision in the Articles of Incorporation requiring outside directors to constitute a majority could hinder the flexible appointment of personnel and the establishment of an optimal Board of Directors composition, while changing the record date could affect share trading and reduce flexibility in disclosure and practical operations.