SHIFT Inc.
Notice of the Results of the Board Effectiveness Evaluation
A board effectiveness evaluation was conducted and the results were judged to generally meet expected standards. The use of outside directors, enlivened discussions, and board diversity were positively evaluated. Going forward, efforts will begin to enhance agendas, improve operational efficiency, and strengthen coordination with the Nomination and Remuneration Committee.
Key Figures
- Ratio of Independent Outside Directors: 66.7%
- Ratio of Female Directors: 33.3%
- Board Composition: 3 inside directors, 6 independent outside directors, total 9 members
AI要約
Results of the Board Effectiveness Evaluation
SHIFT Inc. has conducted a board effectiveness evaluation for the fiscal year ending August 2026, confirming effectiveness through quantitative assessments indicating "fully meets expected standards" or "generally meets expected standards," along with qualitative free-text evaluations. The agenda was evaluated for balancing long-term corporate value enhancement with short-term monitoring. Unreserved discussions were positively assessed, leveraging the independence of outside directors to foster active debate. The board composition was judged appropriate due to its high diversity and independence.
Future Initiatives and Impact
Going forward, the company will begin initiatives to enrich agendas by leveraging the expertise of outside directors and to institutionalize pre-meetings to raise the quality of discussions. In addition, the company will create time for substantive discussions that are not bound by prior assumptions by reflecting issues raised in pre-meetings, and will improve board operation efficiency through review of delegated authority and enhanced explanations and Q&A. The company will also strengthen coordination between the Nomination and Remuneration Committee and the board to enhance the management framework from a medium- to long-term perspective.
SHIFT Inc.
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