Corporate Information Disclosure Policy

Basic Policy

Oki Electric Industry Co., Ltd. ("OKI" or the "Company") has formulated the OKI Group Charter of Corporate Conduct, which covers the timely and fair disclosure of corporate information in OKI's communications with society at large. Based on the understanding that earning the trust of all stakeholders, including shareholders and investors, employees, business partners, and the local community, is fundamental to enhancing corporate value, OKI endeavors to disclose information in a timely and appropriate manner and ensure management transparency. The Company also engages proactively in dialog with shareholders and investors and reflects the opinions obtained in this manner in its corporate activities, thereby striving to augment management efficiency and corporate value.

Disclosure Standards

The information that the Company discloses is as follows.

1. Information for mandatory disclosure

   Information disclosure of which is mandated by statute, including the Companies Act, the Financial Instruments and Exchange Act and other applicable laws and regulations

2. Information for timely disclosure

   Material information that is stipulated in the Timely Disclosure Rules of the Tokyo Stock Exchange

3. Information for voluntary disclosure

   Information that may influence investment decisions of shareholders and investors, excluding information falling under the items above

4. Other information

   Information that supplements the information described above and information to be used by shareholders and investors as reference in making investment decisions

In addition to the above, the Company proactively discloses information to help stakeholders, including shareholders and investors, deepen their understanding of the Company.

Disclosure Method

OKI discloses information stipulated in the timely disclosure rules of the Tokyo Stock Exchange via the Tokyo Stock Exchange's Timely Disclosure network ("TDnet"), as well as promptly posting such information on the Company's website. OKI also discloses other information on the Company's website, providing timely and fair disclosure.

Disclosure Framework

1. At OKI, matters decided by the Board of Directors and the Management Committee are communicated to the person responsible for information handling(*) by means of minutes and other methods. Occurrences affecting the Company are also reported to the person responsible for information handling from each department. The Company performs mutual checks on such information by coordinating between related departments and considers disclosure.
2. In principle, information is disclosed to parties related to capital markets including shareholders, investors by a predetermined person responsible for disclosure.

• *General manager of Investor Relations

Communication Structure

To ensure the accuracy of information and fairness of disclosure, the spokespersons for investor relations activities engaged in by the Company shall, in principle, be the President, Chief Financial Officer, the relevant officers, and personnel with responsibility for investor relations. However, other officers and employees may have responsibility for acting as spokespersons as the need arises.

Quiet Period

To prevent leaks of information pertaining to financial results and to ensure fair disclosure, OKI maintains a quiet period that extends from the day following each quarterly settlement date to the day results for that period are announced. During the quiet period, the Company refrains from commenting or responding to questions about financial results or earnings projections. Even during this period, however, the Company may disclose information based on the stock exchange's timely disclosure rules in the event of a significant variance from earnings projections disclosed by the Company.

Handling of Undisclosed Information

To ensure that undisclosed information for timely disclosure is not disclosed selectively to certain capital market participants, OKI thoroughly manages information with respect to the parties associated with such information.

Disclaimer Regarding Earnings Projections and Forward-Looking Statements

Earnings projections and other forward-looking statements disclosed by the Company are based on information currently available to the Company and rational judgements based on certain assumptions. Actual performance may differ substantially from these forward-looking statements for a variety of reasons. Material factors that could affect actual performance include, but are not limited to, market trends, increases in the cost of raw materials, sudden exchange rate fluctuations, and disasters.

Third-Party Projections of Future Performance

In principle, OKI does not comment on third-party opinions, recommendations, or earnings projections related to the OKI Group. The Company may respond appropriately, however, in the event of statements that contain false information or diverge substantially from reality.