【Toel】Important IR Information for Fiscal Year ending July 2026 | Responsible Limited Contract Conclusion

Regarding the Conclusion of the Responsible Limited Contract

On July 30, 2026, Toel entered into a responsible limited contract with Mr. Michiyuki Kato, an outside director who is an Audit and Supervisory Committee member. This contract is based on Article 427, Paragraph 1 of the Companies Act and limits liability for damages caused by negligence within the scope prescribed by law, in accordance with Article 33 of the Articles of Incorporation. The background of this contract includes efforts to enhance audit reliability and strengthen corporate governance. The content of the contract is based on an agreement with the outside director elected at the 63rd Annual General Meeting of Shareholders held on July 30, 2026.

Impact on Future Corporate Activities

The conclusion of this responsible limited contract is part of Toel’s corporate governance initiatives, clarifying the scope of directors' responsibilities and strengthening the audit system. This is expected to improve corporate transparency and trustworthiness, allowing the company to demonstrate a more solid management stance to investors and stakeholders. Going forward, the company will continue to enhance its governance framework and strive to increase corporate value.