Global ESG Strategy to Disclose its Voting Policy for the AGM of Tokyo Cosmos Electric

東京コスモス電機株式会社の株主総会におけるGlobal ESG Strategyの議決権行使方針に関する事前開示

Press Release
Global ESG Strategy
June 12, 2024

Full press release

https://prtimes.jp/a/?f=d135781-27-22279409e5e61a2dd59911d856cc317c.pdf

Global ESG Strategy to Disclose its Voting Policy for the Upcoming General Shareholders’ Meeting of Tokyo Cosmos Electric

Global ESG Strategy ("GES"), an investment fund managed by Swiss-Asia Financial Services Pte Ltd (“SAFS”), started investing in Tokyo Cosmos Electric Co., Ltd (“TOCOS”; Securities Code: 6772), which is listed on the Tokyo Stock Exchange’s Standard Market, in 2023, and has continued to engage with the company ever since. GES has decided its voting policy for the 67th Ordinary General Shareholders’ Meeting of TOCOS, to be held on June 25, 2024, as shown below.

Swiss-Asia Financial Services Pte Ltd（以下「SAFS」）の運営ファンドであるGlobal ESG Strategy（以下「GES」）は、2023年より東証スタンダード上場の東京コスモス電機株式会社（以下「TOCOS」）（証券コード：6772）に対する投資を開始し、同社へのエンゲージメントを継続してまいりました。GESは2024年6月25日に開催される予定であるTOCOSの第67回定時株主総会において、以下の通り議決権を行使する方針を決定しましたのでお知らせいたします。

Company proposals

＜会社提案議案＞

Shareholder proposals
We will vote in favor of Proposals 6-8, submitted by GES. We ask all shareholders to support each of these proposals.

<株主提案議案>
GESの株主提案議案である第６号～第８号議案については全て賛成します。株主の皆様においても株主提案議案全てについて賛成頂くようお願いします。

GES has decided to exercise its voting rights as described above in order to fulfil its responsibility as a major shareholder of TOCOS and to fulfill its accountability to GES’ investors. GES will continue aiming to maximize TOCOS’s enterprise value and common interests of shareholders through constructive dialogue with management and through shareholder proposals and the exercise of voting rights as necessary, as a responsible shareholder.

GESはTOCOSの大株主としての責任を果たすため、またGESの出資者に対する説明責任を果たすため、上記の通り議決権を行使する方針を決定致しました。GESは引き続きTOCOS経営陣との建設的な対話及び株主としての責任である必要に応じた株主提案、議決権行使を通じて同社の企業価値及び株式価値の最大化を目指して参ります。

以上

Contact: [e-mail]

About Global ESG Strategy
Global ESG Strategy ("GES"), an investment fund that is managed by SAFS, makes medium- to long-term investments from an ESG (Environment, Social and Governance) perspective, and its policy is to promote improvements on enterprise value and shareholder value of investee companies through constructive dialogue with investee companies and other means.

About Swiss-Asia Financial Services
SAFS was founded in 2004, and is a Singapore based investment management company that holds a Capital Markets Services (CMS) License under the Singapore Securities and Futures Act (SFA).

Disclaimer

This document is for the purpose of providing information on shareholder proposal by Global ESG Strategy (“GES”) which is managed by Swiss-Asia Financial Services Pte Ltd (“SAFS”) to TOCOS and should not be used for any other purpose.

The information contained in this document is based on SAFS’s independent research and analysis and publicly-available information. We, SAFS, Global ESG Strategy and other SAFS’s affiliates (“SAFS et al.”), do not guarantee its accuracy, appropriateness or completeness.

This document represents the unique views, expectations and opinions of SAFS et al. and is subject to change. You may not rely on this material for any purpose whatsoever, nor should it be interpreted as investment, financial, legal, tax or other advice.

The information and opinions included herein may include forward-looking statements. You should be aware that all forward-looking statements, estimates, and projections are inherently uncertain and subject to significant contingencies and have been included solely for illustrative purposes. Actual results may differ materially from the estimates, projections or assumptions contained herein due to reasons that may or may not be foreseeable. SAFS et al. accept no liability or responsibility whatsoever for any direct or consequential loss and/or damages arising out of or in relation to any use of opinions, forecast, materials and data contained herein or otherwise arising in connection therewith.
None of the information or content in this document is, in any way, an offer, a recommendation, a promotion of services or products; and shall not be construed as an advertisement, solicitation or representation or as advice or a recommendation regarding the purchase or sale of any investment product or any investment in any securities.
This document does not, and should not be construed as, a request for SAFS et al. to grant SAFS et al. or any other third party the authority to exercise voting rights on behalf of the shareholders of TOCOS with respect to the agenda at the General Meeting of Shareholders. In addition, it does not propose, encourage, solicit or aim to grant the shareholders of TOCOS the right to exercise their voting rights on their behalf by designating SAFS et al. or any other third party as their proxy.