【Ehime Bank】Opposition to Shareholder Proposal｜May 2026

Details of the Shareholder Proposal and Board of Directors' Opinion

Ehime Bank announced its opposition to a proposal from shareholders ahead of the 122nd Annual General Meeting scheduled for June 26, 2026. The proposal requests partial amendments to the Articles of Incorporation, aimed at revising standards for certain investment shares and deemed holdings. The reason for the proposal is based on concerns raised by the proposing shareholder regarding high executive compensation and corporate ethics of invested companies. The Board of Directors has judged to oppose the proposal in accordance with the basic policy of corporate governance, emphasizing long-term enterprise value enhancement.

Future Actions and Corporate Policy

Ehime Bank continuously reviews the purpose and rationale of policy-held shares annually, and proceeds with sales or reductions as necessary. It has determined that the proposal should not be incorporated into the Articles of Incorporation and plans to continue aligning its response with its management policy. The bank aims to strengthen corporate governance and carefully consider shareholder opinions while striving for long-term corporate value improvement.