On April 8, 2020, Sun Corporation announced to the Shareholders that the following resolution was resolved about proposal 3 and 4 of Oasis Management Company Ltd regarding the election of Outsider Directors. In addition, other proposals about Board of Directors have been made, specifically proposal 1 to 2. Following, there are the details of proposal voted in the Extraordinary General Meeting. Proposal 1: Election of 1 director (excluding directors who are Audit and Supervisory Committee members) has been rejected: Mr. Koichiro Tsujino. Proposal 2: Election of 2 directors, the matter has been approved, and Ryusuke Utsumi and Akira Iwata have been appointed as Directors and assumed their respective positions. Proposal 3: Dismissal of 4 directors, the matter was passed, and Masanori Yamaguchi, Sakae Yamagishi, Yasushi Yamamoto, and Naoyuki Iribe were fired. Proposal 4: Election of 3 Outside directors, the matter was passed, and Yonatan Domnitz, Yacov Zlicha, and Yaniv Valdi were elected as Directors and assumed office.