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Investor Presentaiton

Shareholder Proposals Shareholder activism remains active over the past year. Inquiries regarding Glass Lewis' approach to shareholder proposals related to climate change, which are expected to receive even greater attention this year, are on the rise. Glass Lewis will review each shareholder proposal on a case-by-case basis. Last year, we based our recommendation on shareholder proposals regarding climate change were determined on a status of companies' response and disclosure regarding this issue, taking into consideration the following points, among others. • • Management, oversight, and accountability by the board of directors Identification of GHG emissions and third-party certification Sustainability-related disclosures Disclosure in line with TCFD recommendations Scenario Analysis and Strategies Identification of emissions and reduction targets for each Scope Net Zero Declaration and Roadmap . SBTI certification of reduction targets, etc. 20
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