Investor Relations

(1) The Directors shall ensure that the Company and its subsidiaries (hereinafter referred to as the "TRIAL Group") are fully aware of the importance of establishing and observing corporate ethics within the TRIAL Group through the "TRIAL Code of Conduct," which expresses the rules and ideas to be shared by the Company and its subsidiaries.

(2) The Board of Directors shall consist of directors, including outside directors, and shall make decisions on important matters and supervise the execution of duties by directors in accordance with laws and regulations, the Articles of Incorporation, the "Board of Directors Regulations" and other internal regulations.

(3) Corporate auditors shall audit the appropriateness of the execution of duties by directors in accordance with the "Audit & Supervisory Board Regulations" and the "Code of Audit and Supervisory Board Member Auditing Standards."

(1) With regard to information security, based on the "Information Security Policy" and the "Information Security Policy Operation Regulations," the TRIAL Group shall clarify the system of responsibility for information security and establish an information security management implementation system that continuously implements measures for the maintenance and improvement of information security. The "Information Security Committee" shall deliberate on the information security and promote it across the entire TRIAL Group.

(2) The Company shall prepare approval documents, minutes of general meetings of shareholders, minutes of Board of Directors meetings, and other documents required for directors, executive officers, and employees to execute their duties in accordance with the Company's internal rules and regulations.

(3) Documents (including electromagnetic information) shall be stored and managed in accordance with the Document Management Rules.

(1) The Board of Directors shall meet once a month, or as necessary, on an as-needed basis, and the status of directors' execution shall be reported to the Board of Directors once a quarter.

(2) With respect to business execution, the Company shall clarify management responsibility by granting the necessary authority for each business execution in accordance with the predetermined "Policies of Dividing Duties," "Policies of Administrative Authority," and "Rules for Management of Affiliated Companies."

(3) The Company shall establish a medium-term management plan for the Group, disseminate it to all officers and employees of the Group, and set numerical targets for each business field to achieve the plan.

(1) The Company shall establish and enforce "TRIAL's Code of Conduct" to ensure that each and every employee recognizes the importance of compliance and complies with laws and regulations in order to meet the demands of business partners, shareholders, employees, and other stakeholders.

(2) The Internal Audit Department has been established as a department under the direct control of the Representative Director to conduct internal audits. In the event that an Internal Audit Office audit reveals any violation of laws, the Articles of Incorporation, or internal regulations, the Internal Audit Office shall immediately report the matter to the President and Representative Director.

(3) An internal system shall be established to enable employees to report to the compliance promoter any violation of laws, regulations, the Articles of Incorporation, or internal rules that they discover.

(1) When a director engages in a transaction that may cause a substantial conflict of interest with the Company for himself/herself or for a parent company, subsidiary, or other third party, he/she shall discuss the details of the transaction at a meeting of the Board of Directors and obtain approval from the Board of Directors before implementing it.

(2) When conducting transactions with related parties such as the Company's board members and major shareholders, the details of the transaction shall be discussed by the Related Party Transaction Exploratory Committee in accordance with the "Related Party Transaction Management Regulations," and the department in charge shall execute the transaction after obtaining approval at the Board of Directors meeting. In addition, a report on the annual transaction results with each related party, etc. shall be made once a year, and the rationality and appropriateness of the transaction shall be carefully examined. When passing a resolution of the Board of Directors regarding a transaction, the fairness of the procedure shall be ensured by, for example, excluding directors who have an interest in the transaction as special interested parties.

(3) The Internal Audit Department shall audit the appropriateness of the Group's operations. However, for subsidiaries that have their own internal audit departments, the Internal Audit Office shall conduct audits in cooperation with such departments.

(1) No dedicated employee shall be appointed, and the Corporate Auditors may, upon consultation with the General Manager of the Internal Audit Office, order the staff of the Internal Audit Office to perform matters necessary for audit duties.

(2) The authority to direct and order the staff appointed in accordance with the preceding paragraph shall be transferred to the auditors, and they shall not receive any direction or order from the directors, internal audit office, etc.

(1) Directors and employees shall report from time to time on the status of execution of their duties and other matters as requested by the Corporate Auditors.

(2) Corporate auditors may attend meetings of the Board of Directors, the Group Risk Compliance Committee, and other important meetings, hear from directors and others about the status of the execution of their duties, and inspect related materials.

(3) The Company shall instruct directors, executive officers, and employees of subsidiaries to report from time to time on the status of performance of their duties and other matters as requested by the Corporate Auditors.

(4) Employees may directly report to Corporate Auditors facts, etc. that may cause significant damage to the Company.

(1) Corporate auditors shall attend meetings of the Board of Directors and other important meetings as deemed necessary.

(2) In addition to the regular monthly meetings of the Audit & Supervisory Board, the Audit & Supervisory Board shall hold extraordinary meetings as necessary to exchange information and discuss the status of audits, etc., and shall receive reports on accounting audits from the accounting auditors on a regular basis and exchange opinions with them.

(3) The Internal Audit Department shall closely exchange information and collaborate with the Corporate Auditors on the formulation of internal audit plans for each fiscal year, internal audit results, etc.

(4) Corporate auditors may independently engage outside experts when deemed necessary in conducting audits.