Corporate Governance

Basic Concept of Corporate Governance

 The FreeBit Group aims to be an attractive value creation company supported by the pillars of advanced technical strength and service development capabilities. We consider both the establishment of a highly-transparent management system that can promptly respond to environmental changes as well as the pursuit of compliance management essential for the maximization of our corporate value and fulfillment of our corporate social responsibilities, and are actively working on enhancing our corporate governance system as our most critical management task.

Characteristics of Our Corporate Governance System

 The basic policy of our corporate governance system is to construct and maintain a fair and shareholder-oriented management system by responding quickly and flexibly to sudden social and business environmental changes in the telecommunications industry while at the same time constructing an efficient organizational structure best suited to the size of our company.
 We have adopted an audit system with a Board of Auditors composed of external auditors put in place to audit the Board of Directors based on this policy. This system is further enhanced by the collaboration of the Board of Auditors with internal audits and accounting audits.

Current Corporate Governance Structure

 Our current corporate governance structure is displayed in the chart below.

Implementation Status of Measures Concerning Shareholders and Other Stakeholders

Efforts to revitalize the general meeting of shareholders and encourage the smooth exercise of voting rights We post notice of convocation of the general meeting of shareholders on our website.
The notice of convocation is published before it is delivered.
IR activities Our disclosure policy is posted on the following URL of our website
https://freebit.com/en/ir/mgmt/disclosure.html
In principle, our representative will provide an explanation and commentary, either face-to-face or via streaming video, etc., when the quarterly financial results are published.
The financial results briefing video for each quarter is posted on the following URL of our website along with our financial results, timely disclosure information, other PR information, etc.
https://freebit.com/ir/index.html
We have established a department and dedicated staff responsible for IR activities.
Efforts to respect the position of stakeholders 【Environmental Conservation Activities】
The content of our environmental conservation activities is posted on the following URL of our website
https://freebit.com/csr/eco.html
【CSR Activities】
The content of our CSR activities is posted on the following URL of our website
https://freebit.com/csr/activities.html

We recognize that building a good relationship with our shareholders and other stakeholders is essential to our survival as a company. We are utilizing various media including this website to report on our management activities and explain our policies, etc. to build such relationships.
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