Dear shareholders treated coldly by Chugai Mining

② By the way, in the proposal on the Chugai Mining Director's side of the same convocation notice, there is a proposal to make Sano Shingo, a former tax employee who will be 80 years old this year, as an auditor, but I feel that there is no doubt that when someone with such a background becomes an executive of Chugai Mining, important customers selling precious metals from Chugai Mining, who have been severely affected by the tax office, will not come to the store.

③ The directors' objections to Shareholder Proposal No. 5 are false. The Mochikoshi Gold Mine was closed due to the Izu Oshima earthquake that occurred in 1976/1,
This is because the remaining soil from the Mochikoshi mine has flowed out.

④ The reason why the Board of Directors opposes shareholder proposals No. 6 to No. 9 is that they cut corners a bit, and even though they brought attorney Kobayashi Setsu, a constitutional scholar representing Japan, to the auditor of Chugai Mining, a former tax accountant who only has experience as a tax accountant or tax office clerk, as an auditor of Chugai Mining, specific tax accountant experience (it does not disclose which company he was in charge of, his final educational background, etc.) I feel that the fact that they are not disclosing and are proposing that they are suitable as auditors is lashing out at shareholders. Incidentally, in section 3 (3) of the Tax Accountants Act, it is stated that those with attorney qualifications can also do tax accountant work, and attorney Kobayashi Setsu does not only work as a lawyer. Tax accountant work is also possible.

⑤ So, if you don't vote for all Chugai Mining director proposals [no] and all shareholder proposals [praise], Chugai Mining's shareholders will not be rewarded, Chugai Mining's executives will fertilize their personal bellies, and if a former tax office employee is appointed as an officer, they are afraid of reporting to the tax office, and I feel like customers who sell precious metals will disappear.

June 10, 2024

Katsura Hidemitsu
Dr. KATSURA Hidemitsu