1. Vote AGAINST the re-election of two Aoki family directors: Oasis has serious compliance concerns regarding the president, Mr. Hironori Aoki, and his brother, the vice president, Mr. Takanori Aoki, both of whom played leading roles in the suspicious stock option issuance and were beneficiaries of the stock options.
2. Vote AGAINST the newly proposed outside director candidate by the Company: Oasis has serious concerns about Aoki’s new proposed outside director candidate, Mr. Hiromitsu Fujii, due to his questionable management capabilities, history of running insolvent businesses, potential lack of independence due to his past employment with the Company.
3. Vote FOR Oasis’s proposed outside director candidate: Oasis strongly advocates for Mr. Yoshiaki Ikei as a truly independent, highly qualified outside director. With his valuable expertise in M&A and extensive practical experience in effectively supervising management as an outside director, Mr. Ikei will be an invaluable asset to enhance Aoki’s corporate governance and overall performance.
Oasis’s proposed outside director offers superior expertise and independence to enhance the Company’s oversight capabilities.
4. VOTE FOR changes to the Articles of Incorporation: Support the Introduction of a lead independent director role to foster improved shareholder dialogue and transparency within the Company.
5. VOTE FOR changes to the Articles of Incorporation: Establishing a nomination and compensation committee, independent from the founding family’s influence, to rigorously monitor directors’ nominations and compensation, including stock issuance, stock options, and any other forms of remuneration.
6. Vote FOR a new compensation plan: Oasis’s proposed compensation plan is designed to attract top talent nationwide and align the incentives of outside directors with the shared interests of shareholders. The plan aims to foster a stronger sense of accountability, ensuring the directors’ priorities are aligned with maximizing corporate value and delivering sustainable long-term growth for the benefit of all stakeholders.
