[Premium Water Holdings] Matters Related to Controlling Shareholders | June 23, 2026

Matters Related to Controlling Shareholders

This document provides detailed information on the voting rights ownership ratios and relationships of the parent company, Hikari Tsushin Corporation, and the affiliated company, HCMA Alpha Corporation. Hikari Tsushin is the parent company of our company, with a voting rights ownership ratio of 70.08%. Since Hikari Tsushin operates different business segments such as information and communication services within the group and specializes in water delivery manufacturing and sales, there are no restrictions on business activities. The document also explains the concurrent positions held by directors, asserting that management independence is sufficiently secured.

Relationship with Shareholders and Future Outlook

Our company, as a subsidiary of Hikari Tsushin, is under the influence of the controlling shareholder, but maintains operational independence and autonomous management decision-making. The transparency of directors' concurrent positions and relationships is also disclosed, and there are no particular notes regarding transactions with the controlling shareholder or minority shareholder protection. Going forward, the company aims to continue providing appropriate disclosure of information to shareholders and investors, upholding transparency and independence in management.