Dialogue with Shareholders

In order to provide our shareholders and other investors with timely and appropriate information, BIPROGY Inc. engages in proactive investor relations activities mainly led by its CEO and CFO, based on our "Policies about Constructive Dialogues with Shareholders" and "Disclosure Policy".

Chapter 2 Relationships with Stakeholders such as Shareholders, 1. Relationships with Shareholders, (3) Policies about Constructive Dialogues with Shareholders

Depending on the theme of the dialogue, CEO and CFO, as well as CMO (Chief Marketing Officer), CSO (Chief Sustainability Officer), outside directors, etc., are actively engaged in IR activities.

The Company engages in dialogue with the responsible staff of overseas and Japanese institutional investors(*1) with various investment styles(*2).
The status of the Company's dialogue with shareholders and investors for the fiscal year ended March 31, 2026, is as follows.
 *1 Active/passive, growth/value/dividend oriented, etc.
 *2 Fund managers, analysts, ESG analysts, voting rights exercisers, etc.

IR Events	Operated Times/Number of Investors (Total)
Financial Results Briefing Sessions	4 times
Management Policies briefing	1 time
Small Meetings	4 times
IR/SR meetings	329 times	Institutional investors and analysts: 690 companies Of which, institutional investor voting rights exercisers 10 companies
Overseas Roadshows	4 times
Conferences hosted by securities companies	2 times

Main Topics and Interests in Dialogue with Shareholders and Investors, and the Company’s Responses

Details of dialogues with shareholders and investors, including their opinions and suggestions, are reported to senior management and the Board of Directors in a timely manner. The status and specifics of the feedback for the fiscal year ended March 31, 2026, are as follows.

Main topics discussed in dialogue and items of interest

・Details of overall performance
・Changes in the business environment
・Key strategies and progress in the Management Policies
・Approach to capital allocation
・State of the Group’s response to market topics such as DX and AI, etc.

Status of Feedback to the Board of Directors, etc.

Details of dialogues with shareholders and investors are reported to senior management through IR activity reports and are also provided as necessary on a timely basis. In addition, feedback on the status of dialogues for the fiscal year ended March 31, 2026 was provided to the Board of Directors on two occasions.

Items incorporated considering dialogue and subsequent feedback

・Holding a business briefing on the retail area, which is of great interest to investors
・Expansion of disclosure related to AI initiatives

Main initiatives to improve effectiveness of dialogue and strengthen disclosure

・Promotion of engagement with overseas investors through participation in conferences hosted by securities companies and overseas roadshows