Okigin

Advantages

• ✓Plans to establish Okinawa Financial Group, Inc. as a holding company to enhance group governance and business expansion.
• ✓The Holding Company will be audited by Deloitte Touche Tohmatsu LLC, a reputable and experienced accounting firm.
• ✓Nine Directors including three Independent Outside Directors ensure strong corporate governance and oversight.
• ✓Clear stock compensation plan in place for Directors and Executive Officers promoting alignment with shareholder interests.
• ✓The Bank is publicly listed with shares planned to be listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange after the holding company formation.
• ✓Dividend policy provides a year-end cash dividend of 35 yen per share, indicating stable dividend distribution.
• ✓The Board of Directors meeting attendance is 100% for all Directors, evidencing robust management engagement.
• ✓The Bank has no reported special conflicts of interest between Directors and the Bank, ensuring transparent governance.
• ✓Liability limitation agreements with Outside Directors are in place to promote active involvement without excessive personal risk.