Oasis in the news

Any examples of strategies, trade ideas, or case studies are intended for illustrative and discussion purposes only, and are not necessarily indicative of the historical or future strategy or performance or the chances of success of any particular strategy. There can be no assurance that investment opportunities described herein will become available in the future. It should not be assumed that any investments described by any models would be profitable if implemented because among other things, assumptions described herein may not materialize. Any specific investments or case studies referenced in this presentation were selected for inclusion herein based on objective, non-performance based criteria solely for the purpose of describing the investment processes and analyses used by Oasis to evaluate such investments. A list of historical investments – including investments that lost money — can be made available upon request. As always, past performance is not necessarily indicative of future results.

27

November 2023

Top executives at activist firms AVI and Oasis: ‘The change in Japanese companies has been dramatic’

The Nikkei

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16

November 2023

Oasis could seek appraisal rights in Itochu CTC buyout -Oasis founder

Reuters

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16

November 2023

Oasis CIO comments on portfolio company Tsuruha Holdings: ‘I’m fine if the company privatizes’

Bloomberg

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15

November 2023

Funds begin bidding up to JPY600 for Tsuruha Holdings amid delisting considerations

Bloomberg

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14

November 2023

Japan’s Tsuruha mulls sale after proxy battle with Oasis, sources say

Bloomberg

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09

November 2023

Oasis acquisition of CTC shares becomes topic of discussion: Does the fund aim to replicate the past outcome of FamilyMart’s tender offer?

Nihon Securities Journal

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08

November 2023

Oasis holds 6% of CTC shares as Itochu plans to make it a wholly owned subsidiary

The Nikkei

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07

November 2023

Activists have abandoned their ‘guns blazing’ approach to prioritize dialogue: Focus on high dividends and stock buybacks a thing of the past

Toyo Keizai

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30

October 2023

Pizza Express hires Goldman after proposal to take slice of Wagamama-owner

Sky News

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30

October 2023

Pizza Express adds twist to Wagamama Miz

Bloomberg Opinion

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26

October 2023

Pizza Express owner considers offer for UK rival TRG

Financial Times

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26

October 2023

Pizza Express owner eyes Wagamama

The Times

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26

October 2023

Wagamama parent gets offer feelers from Pizza Express owner

Reuters

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26

October 2023

Pizza Express mulls bid for Wagamama owner

Evening Standard

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15

October 2023

Monex share price reaches a high while leaving Oasis Management disappointed

Nihon Securities Journal

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15

October 2023

Monex set to sell core business to Docomo in unique M&A

The Nikkei

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05

October 2023

Toyo Seikan Group to accelerate share buybacks, break free of ultra-low P/B ratio while considering unrealized gains

Nihon Securities Journal

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26

September 2023

: Wagamama’s Activist Menu is Gaining Traction

Bloomberg

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20

September 2023

Fujitec president says during inaugural press conference that he’s eager for dialogue with activist shareholders

Sankei Shimbun

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19

September 2023

Fujitec president says uproar between investment fund and founding family was ‘a catalyst for change’

Jiji Press

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19

September 2023

Fujitec’s new president ‘breaks away from focus on founding family’

Nikkei

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12

September 2023

Restaurant Group’s £7.5m dowry to Chiquito buyer

The Times

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06

September 2023

Founding governance in the crosshairs: a need for those who understand the ‘public gaze’

Nikkei

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22

August 2023

The drugstore reshuffling: its Aeon’s move; a departure from loose alliances

Nikkei

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22

August 2023

Healthy opposition’ emerging in capital markets: an equilibrium of tensions between companies and shareholders

Nikkei

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20

August 2023

Inevitably, momentum behind the ‘siege of Tsuruha’ strengthens even amid consecutive investment fund defeats; key shareholder Aeon and continuing turbulence for [Tsuruha’s] founding family

Toyo Keizai

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17

August 2023

Aoki HD shareholders reject all five proposals made by Hong Kong investment fund

Yomiuri Shimbun

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17

August 2023

Drugstore industry to be consolidated into ‘3 groups;’ the reorganization epic being penned by ‘activists’

World Business Satellite (“WBS”), TV Tokyo

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16

August 2023

Shareholder Aeon not content with Tsuruha’s flawless victory; 2nd-ranked drugstore is at a critical juncture, even after shooting down investment fund’s proposals

Toyo Keizai

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11

August 2023

Tsuruha’s management team not out of the fire yet; fund’s proposals rejected at AGM but restructuring momentum gains momentum amid narrowing room for store openings

Nikkei

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