On May 7, 2024, Oasis Management Company Ltd. announced that it has adopted the Japan FSA?s Principles of Responsible Institutional Investors (a/k/a the Japan Stewardship Code), and in line with those principles, Oasis monitors and engages with its investee companies. Oasis has been engaging with Hokuetsu Corporation since 2019 to help improve the Company?s corporate governance and corporate value. Additionally, Oasis urging all shareholders to improve the Company?s governance and corporate value to vote for Oasis?s proposal to dismiss CEO & President Sekio Kishimoto, dismiss all 4 incumbent independent directors Iwata, Nakase, Kuramoto and Nihei, and elect the 5 independent directors Shiba, Nysten, Nakajima, Baisley and Watanabe, and diverse director candidates nominated by Oasis as independent directors at Company?s AGM.