The Withdrawal of a part of Shareholder Proposal to OSAKA STEEL CO., LTD.

◆May 27^th, 2024

INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the “Fund”) and Strategic Capital, Inc. (hereinafter referred to as the “Strategic Capital”) notified Osaka Steel Co., Ltd. of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June by the documents dated April 25^th, 2024.
The Fund and Strategic Capital, however, are pleased to announce that we are withdrawing “Proposal 2. Partial revision to the provision of articles (Decision-making body for determining dividends from surplus)” at the annual shareholder meeting.

Please see the below link for further details.

The Withdrawal of a part of Shareholder Proposal to OSAKA STEEL CO., LTD. (5449)