Strategic Capital, Inc. (hereinafter referred to as “Strategic Capital”) is under a discretionary investment contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the “Fund”) and the Fund and Strategic Capital hold over 300 units of voting right of Nippon Steel Corp. (hereinafter referred to as the “Company”).
We are pleased to announce that, we have notified the Company of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June.
A campaign website is expected to be opened to provide a detailed explanation of the background and the proposal. An update will be provided on our website.
A brief detail of our proposal is as followings.
Shareholder Proposal to NIPPON STEEL CORP.
Strategic Capital: Re: Shareholder Proposal to NIPPON STEEL CORP. (TOKYO Code 5401)
