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.

11

August 2023

A discerning gaze falls on the influence of founding families: Tsuruha HD rejects ‘activist shareholder’s’ proposals in Hokkaido

Asahi Shimbun

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11

August 2023

: Tsuruha: Hong Kong fund’s proposals rejected at AGM; company proposals approved

Yomiuri Shimbun

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09

August 2023

Momentum behind drugstore re-reorganization, activist shareholders cause stir at Tsuruha

Nikkei

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06

August 2023

How do activist shareholders view the Japanese market? Stocks still cheap, still much to be done with corporate governance

Nikkei Veritas

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04

August 2023

What will happen at Tsuruha and Aoki? Governance and restructuring on the agenda at Aeon investees

Diamond Online

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02

August 2023

Aeon endorses Tsuruha’s proposed director appointments, heightening chances of approval at AGM

Hokkaido Shimbun

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27

July 2023

Shareholder meeting looms…. Will Tsuruha be able to survive the activist offensive?

Diamond

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26

July 2023

Tsuruha HD’s ‘founding families’ at crossroads amid investment fund’s shareholder proposals

Sunday Mainichi

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26

July 2023

U.S. advisory firm ISS supports Hong Kong fund’s proposals to appoint directors at Tsuruha HD

Reuters

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22

July 2023

Activists target general contractors, demand returns at general meetings

Asahi Shimbun

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19

July 2023

Oasis submits shareholder proposals to drugstore operator Aoki Holdings over election of outside directors, etc.

The Nikkei

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19

July 2023

Japan drugstore Tsuruha, facing activist pressure, says its board needs insiders

Reuters

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18

July 2023

From the boardroom – Oasis makes shareholder proposal to Tsuruha HD -goes after founding families for inappropriate mixing of private and corporate affairs, as well as board directors for inaction

Nihon Securities Journal

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18

July 2023

Behind the scenes at Toyo and Fujitec: Who will take control? Corporate governance questioned at 2023 shareholders’ meetings (summary translation)

The Nikkei

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18

July 2023

Oasis submits shareholder proposals to Tsuruha regarding outside director appointments, etc., CIO says ‘Tsuruha should be a leader of industry restructuring’

Bloomberg

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18

July 2023

Oasis refutes Tsuruha’s claims, says of founding family’s influence that ‘it’s impossible for a father to properly supervise his child’

Asahi Shimbun

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14

July 2023

Long-established video game company aims to reissue classic titles, turn back the clock (summary translation)

Jiji Press

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13

July 2023

Tsuruha HD ‘prioritizes founding family,’ fund shareholder sees issues; Oasis CIO: ‘We have been in dialogue for three years and are disappointed’

Toyo Keizai

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13

July 2023

Surging stocks turn Tokyo into hot job market for fund managers

Reuters

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08

July 2023

Tsuruha to oppose fund proposal; Oasis side: ‘Difficult for parents to oversee their children’

The Nikkei

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05

July 2023

Hong Kong fund calls for Tsuruha to improve governance

Yomiuri Shimbun

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04

July 2023

Hokuetsu Corp. President Kishimoto’s reappointment approval rating drops to 65%

The Nikkei

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01

July 2023

Hong Kong fund’s vision of ‘a drug industry with 3 or 4 companies’ behind its request for reforms at Tsuruha

The Asahi Shimbun

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29

June 2023

Daio Kaiun and others oppose reappointment of Hokuetsu Corp. president ahead of AGM

Nikkan Kogyo Shimbun

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29

June 2023

Record shareholder proposals seen amid AGM season’s peak; 600 companies hold meetings, calls for greater shareholder returns

The Nikkei

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29

June 2023

Record shareholder proposals seen amid AGM season’s peak: 600 companies hold meetings, calls for greater shareholder returns

Nikkei

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27

June 2023

Slew of shareholder proposals submitted to general contractors, requests include share buybacks

The Nikkei

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26

June 2023

The next target is Tsuruha HD, as Oasis seeks to restructure the drugstore industry; fund aims to strengthen governance and improve performance

Toyo Keizai

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26

June 2023

The next target it Tsuruha, as Oasis seeks to restructure the drugstore industry; fund aims to strengthen governance and improve performance

Toyo Keizai

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23

June 2023

Hong Kong fund insists on appointment of [new] outside directors, requests support from fellow Tsuruha shareholders

Hokkaido Shimbun

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