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 complete list of historical investments can be made available upon request.

23

June 2022

Fujitec withdraws proposal to reappoint President Uchiyama to the Board of Directors before its AGM

NHK

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23

June 2022

Fujitec withdraws proposal to reappoint president as director just before general meeting

Nikkei

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23

June 2022

Governance risks surrounding founding families exposed: the conspicuous presence of “activist shareholders”

Sankei Shimbun

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23

June 2022

An unusual withdrawal of a proposal to reappoint the president just one hour before the AGM… A foreign fund’s opposition and allegations of “suspicious transactions involving the founding family” (JPN Only)

Yomiuri Shimbun

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22

June 2022

Highlights of the 2022 AGM season: ‘A list of 77 shareholder proposals,’ a new record for proposals submitted to companies that settled in March

Toyo Keizai

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22

June 2022

The ‘pre-approved outside directors’ serving parent-child listings: a mud-slinging battle with activists highlights the issue

Diamond Weekly

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16

June 2022

Activists’ evolving requests… taking issue with founders’ benefits, calling for decarbonization

Yomiuri Shimbun

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14

June 2022

‘Outside directors should challenge management!’ A big-name international activist speaks out; which companies will be targeted next? An interview with Seth Fischer, CIO at Oasis Management

Diamond Weekly

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09

June 2022

Two U.S. advisory firms recommend opposition to reappointment of Fujitec president

Nikkei

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09

June 2022

Sexual harassment, BoJ revolving doors… activists take new aims for this year’s AGMs

Nikkei

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06

June 2022

Shareholders indict the founder! Turbulence expected at major elevator company’s AGM

Friday Digital

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24

April 2022

‘Change takes time,’ investment management firm says of Tokyo Stock Exchange’s revamp

CNBC

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08

April 2022

KKR to launch tender offer for Hitachi Transport in $5.2 billion deal

Reuters

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05

April 2022

Hong Kong stock exchange takes aim at boardroom ‘boys club’

FT

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29

March 2022

Hazama Ando to buy back shares worth up to ¥10 billion, equivalent to just under 10% of total shares

Nikkei Online

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21

March 2022

Hedge Fund Activists Battle Old Japan in Toshiba’s Crucial Vote

Bloomberg

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17

January 2022

Mitsubishi Logistics to improve capital efficiency

Nikkei

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11

January 2022

Ulterior motives for Mitsubishi UFJ to acquire Monex: an online brokerage strategy being led increasingly ‘astray’ (JPN Only)

Sentaku

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28

December 2021

Oasis sells Katakura stock for JPY2350 per share, above tender offer price, to 3rd party

Nikkei

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09

December 2021

Foreign shareholders request new price for Mitsui O.S.K. Lines’ tender offer for Daibiru

Nikkei

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08

December 2021

Hong Kong fund also requests higher price for Mitsui O.S.K. Lines tender offer toward Daibiru Corp

Jiji Press

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12

November 2021

Hazama Ando to give all profits to shareholders through buybacks and dividends

Nikkei

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11

November 2021

ENEOS extends tender offer of ¥4,000 per share for NIPPO on November 12

Reuters

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11

November 2021

[Financial Disclosure] ENEOS HD upwardly revises earnings forecast for fiscal 2022 amid soaring resources

Jiji Press

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11

November 2021

Goldman-funded SPC extends tender offer of ¥4,000 per share for NIPPO

Nikkei

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26

October 2021

A Better Hokuetsu

www.abetterhokuetsu.com

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11

October 2021

The activist investor riding Japan’s governance revolution

Australian Financial Review

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10

October 2021

US-listed Chinese group Renren settles investor complaint for $300m

Financial Times

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06

October 2021

Bid to take NIPPO private opposed by Hong Kong’s Oasis who request a ‘fair price’ for the tender offer

Nikkei

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