The Board of 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 Auditor are Outside Director, a total of 6 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 operations is delegated to executive Director in accordance with the Articles of Incorporation. The scope of delegation is strictly managed in accordance with the standards regarding monetary amounts, etc., set forth in the "Administrative Authority Regulations" approved by the Board of Director, and the execution status of important delegated operations is required to be reported to the Board Director promptly.

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 senior management members attend the meetings as appropriate and provide timely and accurate reports.
• Auditor regularly exchange opinions with the President and President and Representative Director, and meet with executive Director and other management executives as necessary, striving to understand the status of business execution and issues in each business division.
• The full-time Auditor attends important meetings such as the Management Meeting and Division Meetings, which are held regularly and attended by the Executive Director and executives of each business division, and shares information on the management situation and progress of business plans.
• The Audit and Supervisory Committee reviews 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 members have been appointed as Auditor, further strengthening governance.

In line with the "purpose," "vision," and "code of conduct" defined in our management philosophy, ES-CON JAPAN Ltd. are constantly striving to be a company that is perpetually needed by society 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 "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 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 profits to shareholders.
4. Based on our "Principles of Conduct" and "Code of Corporate Ethics," we will conduct our business operations with all stakeholders in mind.