TOKYO, May 22 (Pulse News Wire) – EXEO Group,Inc. (1951.T) rejected a shareholder proposal submitted by OASIS JAPAN STRATEGIC FUND Y LTD.
For the appointment of an outside director at its upcoming annual general meeting scheduled for May 22. The board of directors decided against the proposal during a meeting held today. The proposal suggested appointing Kuriyama Takashi as an outside director due to his expertise in IT infrastructure and digital transformation.
However, the board concluded that existing internal directors and external advisors possess sufficient experience in system solutions and broader areas crucial for the company’s strategic growth plan. The group emphasized its commitment to enhancing governance through balanced oversight and diverse perspectives among its directors. In addition, EXEO highlighted its recently announced mid-term management plan aimed at achieving sustainable growth and value enhancement across three key segments—telecommunication infrastructure, social infrastructure, and systems solutions—from 2026 to 2030.
The company believes its current directorial structure effectively supports these goals while maintaining independence and diversity.
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