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 (hereinafter referred to as “we”) are the shareholders of NIPPON STEEL CORPORATION (hereinafter referred to as “NIPPON STEEL”) and OSAKA STEEL CO., LTD. ( hereinafter referred to as “OSAKA STEEL”).
We are pleased to announce that we notified NIPPON STEEL and OSAKA STEEL of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting to be held this coming June and launched Campaign Website (https://stracap.jp/english/NIPPON-OSAKASTEEL.pdf).
A brief detail of our proposal is as followings.
Shareholder Proposal to NIPPON STEEL (5401) and OSAKA STEEL (5449) and the Launch of the Campaign Website on the proposal
