#CorporateGovernance

Disclosure of the parent company Oracle Corporation’s influence over our company’s controlling shareholder relationship and the concurrent positions of current officers. The actual parent company is Oracle Corporation, with emphasis on the composition of concurrent positions and maintaining independence.

Publish the overview of the results from the assessment of the board’s effectiveness. While the governance operation is generally deemed appropriate, ensuring sufficient time for agenda consideration and deeper discussion of issues is identified as a challenge.

Air Water plans to transition to a company with an Audit & Supervisory Committee in September 2026, aiming to strengthen corporate governance in response to past inappropriate accounting issues.

Comprehensive overhaul of executive compensation system and policies. Strengthening performance linkage and emphasizing pay-for-performance. New external consultants engaged to enhance compensation governance.

Fukuda Denshi has decided to establish a third-party committee and disclosed details about its purpose, composition, and future investigation policies. The investigation will proceed with the cooperation of external experts, aiming to formulate and implement recurrence prevention measures.

Yamatane approved a partial revision of the basic policy on corporate governance on June 23, 2026, indicating a policy to strengthen the officer compensation system and enhance corporate value.

Scroll Corporation has resolved to revise its Corporate Governance Guidelines, strengthening provisions related to sustainability. Disclosure will be made on the company's website.

As part of our response to large-scale share purchase activities, we have replaced outside directors serving on the Audit & Supervisory Committee and appointed Mr. Hidehito Munemiya as a new member.

Aichi Steel plans to amend its Articles of Incorporation to transition to a company with an Audit and Supervisory Committee, aiming to strengthen the supervisory functions of the Board of Directors and accelerate decision-making. The shareholders' meeting is scheduled for June 16, 2026.

Tochigi Bank is scheduled to amend its Articles of Incorporation on June 25, 2026, to transition to a company with Audit & Supervisory Committee to strengthen corporate governance.

Keiyo Bank plans to implement partial amendments to the Articles of Incorporation on June 24, 2026, aiming to accelerate management and strengthen corporate governance.

Takara Standard Co., Ltd. plans to submit a proposal for partial amendments to the articles of incorporation at the 152nd Annual General Meeting of Shareholders scheduled for June 24, 2026, aiming to clarify business objectives and accommodate business diversification, and to shorten the term of directors from two years to one year.