On March 27, 2024, Ebara Jitsugyo Co.,Ltd., announced it held its Extraordinary General Meeting of Shareholders on March 26, 2024 and according to the results, the shareholder proposal by Nippon Active Value Fund PLC on, (i) Revision of the amount of compensation under the restricted stock compensation plan, (ii) Acquisition of Treasury Stock, (iii) Amendment to the Articles of Incorporation regarding the number of outside directors were rejected.