Proposal Mgt rec Vote
Management proposals
1.1 Elect Director Sawada, Jun For For
1.2 Elect Director Shimada, Akira For For
1.3 Elect Director Hoshino, Riaki For For
1.4 Elect Director Sasaki, Yutaka For For
1.5 Elect Director Onishi, Sachiko For For
1.6 Elect Director Patrizio Mapelli For For
1.7 Elect Director Sakamura, Ken For For
1.8 Elect Director Watanabe, Koichiro For For
1.9 Elect Director Endo, Noriko For For
1.10 Elect Director Takei, Natsuko For For
1.11 Elect Director Hanafusa, Miho For For
2 Elect Director and Audit Committee Member Nakamura, Takashi For For
3 Approve Trust-Type Equity Compensation Plan For For
Shareholder proposals
4 Amend Articles to Add Provision on Social Contribution Activities Against Against
5 Approve Reverse Stock Split Against Against
6 Amend Articles to Add Provision on Disclosure regarding Compliance with Laws and Regulations Against Against
7 Amend Articles to Ensure Equal Treatment of Management Proposals and Shareholder Proposals in Voting via the Internet Vote rationale: The right to vote on fundamental changes affecting the company is a basic right of shareholders. This includes the right to approve changes to the company’s governing documents. Global Voting Guidelines Against For
8 Amend Articles to Require Website Disclosure of Questions Submitted by Shareholders prior to AGM and the Company’s Response Against Against
9 Amend Articles to Relax Limit of Number of Characters in Shareholder Proposal Justification Statements Vote rationale: The right to vote on fundamental changes affecting the company is a basic right of shareholders. This includes the right to approve changes to the company’s governing documents. Global Voting Guidelines Against For
10 Amend Articles to Add Provision on Corporate Philosophy Against Against
11 Amend Articles to Add Provision on Corporate Value Against Against
12 Amend Articles to Add Provision on Cost of Capital Against Against
13 Amend Articles to Add Provision on Capital Policy Against Against
14 Approve Additional Special Dividend of JPY10 Against Against
15 Approve Deep Discount Stock Option Plan Against Against

Disclaimer

This page contains certain information as to the voting intentions of Norges Bank in its role as manager of the Government Pension Fund Global. This disclosure is provided to promote transparency as to Norges Bank’s engagement with investee companies, and in view of its approach to responsible investing. Norges Bank’s voting intention is an internal decision and has not been agreed with any third party. Please note the following:

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