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.

21

November 2017

After Toshiba Share Sale, Activist Investors Gain Influence

Wall Street Journal, Kosaku Narioka

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20

November 2017

Pasona: Activist investor made request to Nambu’s management (Japanese Only) パソナ、南部式経営に「物言う株主」が注文

Toyo Keizai, Hiroshi Matsuura

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15

November 2017

Is Japan’s stock market rally for real?

Nikkei Asian Review, Masayuki Yuda

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14

November 2017

Hong Kong-based activist fund ups pressure on Japan’s Pasona

Nikkei Asia Review, Joyce Ho

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14

November 2017

No rest for activist investors – mixed effects but have contributed to solid market (Japanese Only) 物言う株主、休みなし 功罪併存も市場に厚み

Nikkei

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13

November 2017

First white paper strategy in Japan – Oasis disclosed proposal to Pasona (Japanese Only) 日本初の”ホワイトペーパー” パソナへの改善提案公開

Nihon Securities Journal, Masami Kajikawa

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10

November 2017

Hong Kong Hedge Fund Calls on Pasona to Shut Down Loss Making Business (Japanese Only) 香港のファンド「パソナ、トップ主導の赤字事業は中止を」

Nikkei, Yasuo Awai

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09

November 2017

Japan Hot stocks: Oasis published a reform proposal, such as business strategies, Pasona volumes surged [Japanese only]

Reuters

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09

November 2017

Hong Kong Hedge Fund Proposes Strategy Implementation Plan to Pasona Group [Japanese only]

Nikkei

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09

November 2017

Hedge Fund Oasis Calls on Pasona to Improve Profitability Bloomberg

Bloomberg, Gearoid Reidy

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09

November 2017

Hong Kong Hedge Fund Proposes Strategy Implementation Plan to Pasona Group

Nikkei

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03

November 2017

Corporate Japan is not warming to minority shareholders

Financial Times, Leo Lewis

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31

October 2017

Hong Kong based fund owns 9% of alpine [Japanese only] オアシス・マネジメント、アルパイン株を大量取得 9%超

Nikkei

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30

October 2017

Hedge Fund Oasis Pushes Back Against Alpine’s Planned Takeover Deal

Wall Street Journal, Kosaku Narioka

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30

October 2017

Hedge Fund Oasis Urges Better Alps-Alpine Electronics Deal

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30

October 2017

Oasis: dissent from Alpine’s acquisition condition for Alpine – as underestimate [Japanese] オアシス:アルプス電のアルパイン買収条件に反対-過小評価とし

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30

October 2017

The privatization of Alpine is unfair says Hong Kong investor [Japanese only] アルパイン完全子会社化「価格が不公正」 香港の投資家

Nikkei

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30

October 2017

Alps’ director, Scrutinize Hong Kong fund opinion from now: Alpine acquisition [Japanese only] アルプス取締役、香港ファンドの意見「これから精査」アルパイン買収巡り

Nikkei Quick

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30

October 2017

Oasis management acquires owns more than 9% of alpine shares [Japanese only] オアシス・マネジメント、アルパイン株を大量取得 9%超

Nikkei

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30

October 2017

Hot stock: Alpine up higher due to Hong Kong fund’s statement regarding the merger with Alps [Japanese only]

Reuters

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30

October 2017

Oasis claims Alpine Electronics “tender price is too low” [Japanese only] オアシス、アルプスのアルパイン子会社化に注文 「価格低すぎる」

Reuters

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30

October 2017

Seth Fischer Bloomberg TV interview: Inside Japan’s Push to Improve Corporate Governance

Daybreak Asia with Betty Liu & Yvonne Man

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26

October 2017

At 87, a Stogie-Toting Legend Mourns the End of Trading Floors

Wall Street Journal, Steven Russolillo

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17

October 2017

Opposition grows to Bain’s bid for Japanese ad agency Asatsu-DK

Reuters

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27

September 2017

First Foreign Institutional Investor Participant in Korean Stewardship Code

Business Korea, Jung Suk-yee

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27

September 2017

Hong Kong-based Investment Firm Oasis Management First Foreign Investor to Follow Korea’s Stewardship Code

Korea Bizwire

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26

September 2017

Oasis Management, first foreign institution adopting Korea’s stewardship code

Maeil Business News Korea, Kim Hyo-hye

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26

July 2017

Nikkei could double with broad corporate governance reform – Oasis

Reuters, Tomo Uetake

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19

July 2017

Nintendo Looks Set to End Two-Punch Strategy

Bloomberg, Yuji Nakamura

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17

July 2017

Top Japan Activists Tell Their Stories (Japanese only)

Nikkei Business

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