Investor Presentaiton
2.
3.
Director Kawamoto concurrently serves as an outside director of Sumitomo Mitsui
Trust Holdings, Inc., RENAISSANCE INCORPORATED and Canon Marketing
Japan Inc., and there is no relationship that is required to be disclosed between the
three companies and the Company.
5. Director Motoshige Itoh concurrently serves as an advisor of NTT Data
Corporation, an outside corporate auditor of IHI Corporation and an outside d
Daiwa Securities Group, and there is no relationship required to be disclosed
between the three companies and the Company.
6. Corporate Auditor Kimitaka Mori is a certified public accountant and has
considerable knowledge of finance and accounting. Corporate Auditor Mori
concurrently serves as an outside director of Japan Exchange Group, Inc. and an
outside corporate auditor of MITSUI & CO., LTD.; there is no relationship that is
required to be disclosed between these companies and the Company. He
concurrently serves as also an outside director of Sumitomo Life Insurance
Company, from which the Company borrows funds.
7. Corporate Auditor Seishi Kanetsuki retired as of the conclusion of the 35th
Ordinary General Meeting of Shareholders held on June 22, 2022.
Overview of the Agreement on Limitation of Liability
In accordance with the provisions of Article 427, Paragraph 1 of the Companies
Act, the Company has executed agreements with Directors who are not executive
directors, etc. as defined under the Companies Act and Corporate Auditors to limit
their liability as provided in Article 423, Paragraph 1 of the Companies Act. The
maximum amount of liability under such agreement is the amount stipulated by law.
Overview, etc. of Directors and Officers Liability Insurance Agreement
In accordance with Article 430-3, Paragraph 1 of the Companies Act, the Company
has executed a directors and officers liability insurance agreement with an insurance
company. The scope of the insured under the insurance agreement is the Company's
Directors, Corporate Auditors, Executive Officers, employee managers and retired
directors and officers, including those newly appointed during the period of
insurance. The insurance agreement covers the legal costs and damages incurred by
the insured due to third-party lawsuits and shareholder derivative lawsuits. The
insurance premiums are fully borne by the Company and the agreement is renewed
annually. In order to ensure that the appropriateness of the execution of duties by
the insured is not impaired, the insurance agreement has a disclaimer in the event
the Company pursues liability for damages against the insured.
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