Investor Presentaiton

2023 Guidelines Updates - Board Gender Diversity 3. Board Gender Diversity [GL Policy] Companies listed on the Prime Market: At least 10 percent gender diverse directors Companies listed outside the Prime Market: At least one diverse gender director, statutory auditor (for a two-tier board structure) or executive officer (for one-tier with three-committee structure) as per current policy If the above criteria are not met, we would recommend voting against the appointment of the following candidates: o Two-tier board or one-tier with one-committee structure: Chair of the board o One-tier with three-committee structure: Nominating committee chair Note that when making these voting recommendations, we will carefully review a company's disclosure of its diversity considerations and may refrain from recommending that shareholders vote against directors of companies when boards have provided a sufficient rationale or plan to address the lack of diversity on the board. o Beginning with shareholder meetings held after February 1, 2024, we will not apply the above exceptions to Prime Market-listed companies. 12

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