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, 2025, 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	257 times	Institutional investors and analysts: 607 companies Of which, institutional investor voting rights exercisers 10 companies
Overseas Roadshows	3 times
Conferences hosted by securities companies	1 time

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

The details of dialogue with and opinions and suggestions made by shareholders and investors are reported to members of 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, 2025, are as follows.

Main topics discussed in dialogue and items of interest

・Details of overall earnings
・Changes in the business environment
・Key strategic initiatives and progress of Management Policies
・Concept of 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.

The content of dialogues with shareholders and investors is reported in IR activity reports as well as fed back to senior management in a timely manner. Feedback regarding the state of dialogue in the fiscal year ended March 31, 2025, was provided to the Board of Directors twice.

Items incorporated considering dialogue and subsequent feedback

・Revised performance targets of the Management Policies (2024-2026)
・Expand disclosure in financial results briefing materials

Main initiatives to improve effectiveness of dialogue and strengthen disclosure

・Hold business briefings
・Promote dialogue with overseas investors (participation in conferences hosted by securities companies)
・Increase the number of small meetings