Reasons for nomination as a candidate for Outside Auditor and reasons for judgment that the candidate will
appropriately perform duties as Outside Auditor, etc.

In addition to a high level of expertise and abundant experience as an attorney-at-law, Ms. Kiyo Morikawa has experience as an outside audit & supervisory board member and external director (who is an audit & supervisory committee member) at other companies. She has devoted her efforts to enhance the Company’s audits performed by Auditors and to improve corporate governance as Outside Auditor.
Based on the above, we nominated her as a candidate for Outside Auditor in the belief that her knowledge will be beneficial for further enhancing appropriateness in audits.
(42nd Annual General Meeting of Shareholders)