1 Based on our internal research on shareholder proposals made to publicly listed companies in Japan. 2 Nikkei Veritas "Unusual Loss by Default Proposals Withdrawn, Dialogue on Offense and Defense ...

1 Calculated by White & Case based on XeBRal ADDS search results and other public materials. 2 TOYO CONSTRUCTION CO., LTD. "Notice of the 101st Annual General Meetings of Shareholders" June 8, 2023. 3 ...