The Board Director consists of 10 members, including 3 executive Director, 3 non-executive Director, and 4 Director who are Auditor. (To enhance management oversight, all 3 non-executive Director and 3 of the 4 Director who are audit and Auditor are Outside Director, 5 of whom are independent Outside Director.)

• In principle, the committee meets at least once a month, and important matters are thoroughly deliberated and discussed to enhance management oversight.
• In order to ensure the promptness and agility of business execution, decision-making regarding important business execution is delegated to executive Director in accordance with the Articles of Incorporation. The scope of delegation is strictly managed in accordance with the monetary and other standards set out in the "Administrative Authority Regulations" approved by the Board Director, and the execution status of important delegated business is to be reported to the Board Director without delay.

Auditor is made up of four members, three of whom are independent Outside Director, in order to enhance its management oversight function and its independence.

• In principle, Auditor meets once a month, and at the request of Auditor, accounting auditors, internal audit personnel, executive Director and other management executives attend the meetings as appropriate and provide timely and appropriate reports.
• Auditor members regularly exchange opinions with President and Representative Director and meet with executive Director and other management executives as necessary, endeavoring to understand the status of business execution and issues in each business division.
• The full-time Auditor members attend important meetings such as management meetings and headquarters meetings, which are held regularly and are attended by executive Director and executives of Division business division, to share information about the management situation and the progress of business plans.
• The Audit and Supervisory Committee inspects important documents such as approval documents, cooperates with accounting auditors and the internal audit department, and audits the legality and appropriateness of Director' execution of their duties. In addition, two full-time Auditor have been appointed to further strengthen governance.

As stated in the "purpose," "vision," and "code of conduct" defined in our management philosophy system, ES-CON JAPAN are always aiming to be a company that is needed by society on an ongoing basis by continuing to create a "new future" that is rooted in the local community and that is unique to all stakeholders. Based on this philosophy, we will increase value for all stakeholders through the following activities.

1. Based on the "Employee Rulebook" and the "Basic Policy for Human Resource Development" (basic requirements for human resources), we will strive to develop human resources that will enable the sustainable improvement of our corporate value.
2. Based on our "Compliance Declaration," we will deal with all stakeholders in a fair, impartial and sincere manner.
3. We will implement timely disclosure of management information, including non-financial information, increase corporate value, and actively return value to shareholders.
4. Based on our "Philosophy of Conduct" and "Code of Corporate Ethics," we will conduct our business operations with all stakeholders in mind.