Sekisui Resin’s Board of Directors’ Opinion on Shareholder Proposal | May 19, 2026

Board of Directors' Opinion on Shareholder Proposal

Sekisui Resin expressed its opposition to the proposal from shareholders at the upcoming general meeting of shareholders scheduled for June 25, 2026. The proposal included measures such as share buyback, changes to the director composition, review of the stock compensation system, and modification of the general meeting record date. The Board of Directors decided to oppose the proposal, believing that maintaining the current management policies and governance structure, as well as the scale and content of the proposal, were unsuitable for the medium- to long-term enhancement of corporate value and shareholder interests.

Future Policy and Corporate Strategy

Sekisui Resin aims to steadily enhance corporate value by allocating management resources based on its existing medium-term management plan. It also maintains a shareholder return policy, implementing dividends and share buybacks appropriately. Regarding the scale and content of the proposed shareholder proposal, the company plans to make timely and appropriate decisions in light of its management strategy and financial condition.