Acom : Matters Concerning Controlling Shareholders, etc.

June 24, 2022

Matters Concerning Controlling Shareholders, etc.

ACOM CO., LTD. ("ACOM") announces matters concerning controlling shareholders, etc. of the parent company, Mitsubishi UFJ Financial Group, Inc. Details are as follows:

1. Business names, etc. of the parent company, controlling shareholders (other than the parent company), or other related companies

					(As of March 31, 2022)
		Percentage of ownership of	Financial instruments exchanges,
		voting rights held (%)
Company name	Attribute	etc. on which issued shares
Direct	Additional
		Total	are listed*
		holdings	holdings
					Tokyo Stock Exchange
					(First Section)
Mitsubishi UFJ	Parent	37.57	2.61	40.19	Nagoya Stock Exchange
Financial Group, Inc.	company	(First Section)
					New York Stock Exchange
					(U.S.A.)

*The Company is transferred to the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange Premier Market as of April 4, 2022.

2. Position of the listed company within the corporate group of the parent company, etc., and relationships with other listed companies and the parent company, etc.

Mitsubishi UFJ Financial Group, Inc. ("MUFG") is the parent company of ACOM, holding 40.19% of the voting rights (including 2.61% in indirect holdings).

Under a business and capital alliance with MUFG and its subsidiary, MUFG Bank, Ltd., ACOM serves as the core company within the MUFG Group's consumer finance business.

In addition, under a contract relating to corporate management, ACOM engages in consultations and makes reports to MUFG concerning important corporate matters. Nevertheless, while decisions on matters such as management policy and business strategy reflect the corporate management policy of the parent company, these decisions are based on ACOM's own judgments, and as such a certain level of independence as a listed company is ensured.

One of nine directors at ACOM concurrently holds Managing Corporate Executive position at MUFG,

ACOM CO., LTD.

Meiji Yasuda Seimei Bldg., 1-1, Marunouchi 2-chome,Chiyoda-ku, Tokyo, Japan

Member of the Board of Directors (Representative Director) and Managing Executive Officer at MUFG Bank, Ltd.

(Concurrent position of director)		(As of June 24, 2022)
Position	Name	Position at the parent company, etc.	Reason for appointment
or other group company
			Mr. Masakazu Osawa has a wealth of
			knowledge and experience, gained
			through his career as General
			Manager,	Executive	Officer	and
			Corporate	Executive	at	Mitsubishi
			UFJ Financial Group, Inc. and as
		Managing Corporate Executive,	General Manager, Executive Officer
		Mitsubishi UFJ Financial Group, Inc.	and Member of the Board of Directors
	Masakazu		at MUFG Bank, Ltd. Since assuming
Director	Member of the Board of Directors	the position of Director, he has used
Osawa
	(Representative Director) and	his knowledge and experience to
		Managing Executive Officer,	contribute to supervision of the
		MUFG Bank, Ltd.	management of ACOM and its
			Group. He is expected to fully play a
			role further in conducting highly
			effective	supervision	of	the
			management of ACOM and its
			Group.	Therefore,	ACOM	has
			requested his appointoment.

1. Matters concerning transactions with controlling shareholders, etc. Not applicable
2. Execution of the Protection of Minority Shareholders in Transactions with Controlling Shareholders Although ACOM engages in transactions with MUFG Group companies, which include borrowing

funds and guaranteeing unsecured card loans, the fairness of these transactions is ensured because they are based on our code of conduct of adhering to fair market rules and proper commercial practices. And like transactions with unrelated companies, they are based on impartial judgments made in accordance with internal rules, etc.

ACOM CO., LTD.

Meiji Yasuda Seimei Bldg., 1-1, Marunouchi 2-chome,Chiyoda-ku, Tokyo, Japan