SUMIDA: Company News

Notice of Results of Voting at the 65th Annual General Meeting of Shareholders

March 27th 2020 Press Release

The results of the exercise of voting rights at the 65th Annual General Meeting of Shareholders of SUMIDA CORPORATION held on March 25, 2020 are as follow. The proposed resolutions were approved by majority votes of the shareholders.

1. Status of Voting Rights

Number of shareholders holding voting rights: 4,916 shareholders
Number of voting rights held by such shareholders: 271,054 units

 

2. Results of Exercise of Voting Rights

Resolution No. 1: Election of nine (9) directors No. of “For” Votes No. of “Against” Votes No. of  Absten-tions

No. of Invalid Votes

Total Ratio of “For” Votes Results
Shigeyuki Yawata 216,820 4,507 504 10 97.7 Approved
Johji Sato 219,197 2,193 504 10 98.8 Approved
Pak Hong Auyang 219,687 1,703 504 10 99.0 Approved
Yukihiro Moroe 219,681 1,709 504 10 99.0 Approved
Atsushi Kato 219,190 2,200 504 10 98.8 Approved
Michael Mühlbayer 219,776 1,614 504 10 99.0 Approved
Masako Miyatake 219,674 1,716 504 10 99.0 Approved
Tatsuo Umemoto 219,678 1,712 504 10 99.0 Approved
Tomoharu Suseki 216,695 4,695 504 10 97.7 Approved

Note: Resolution shall be approved at the shareholder meeting with a quorum of one-third (1/3) of the voting rights of all shareholders with exercisable voting rights and by a vote of more than half of the voting rights represented thereat.

Resolution No. 2: Issuance of Performance-linked share acquisition rights No. of “For” Votes No. of “Against” Votes

No. of Absten-tions

No. of Invalid Votes Total Ratio of “For” Votes Result
  217,361 4,039 504 0 98.0 Approved

Note: Resolution shall be approved at the shareholder meeting with a quorum of one-third (1/3) of the voting rights of all shareholders with exercisable voting rights and by a vote of two-third (2/3) or more of the voting rights represented thereat.

The resolution respectively met the requirements for approval properly, in accordance with the Japanese Companies Act, by the sum of the votes exercised up to the day prior to the meeting, plus the number of votes exercised by certain of the shareholders present at the meeting, who could be confirmed with votes for, against or abstaining on each proposal. Consequently, we did not calculate the number of votes of shareholders present at the meeting, with the exception of those by aforementioned certain shareholders.

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