On May 10, 2024, Tokyo Cosmos Electric Co., Ltd. announced in its press release that it had received a shareholder proposal from Global ESG Strategy for its 67th Ordinary General Meeting of Shareholders. The proposals are as follows, i) Appropriation of Surplus, ii) Partial Amendment to the Articles of Incorporation (Dividend Policy for Surplus), iii) Partial Amendments to the Articles of Incorporation (Directors' Responses to Meetings with Shareholders). The Board of Directors will carefully examine the Shareholder Proposal and will promptly announce its opinion, etc.

on the Shareholder Proposal together with the details of the Shareholder Proposal as soon as it is determined.