Article 1 (Purpose)

The purpose of these Regulations is to set forth provisions for the composition and operation of the Auditor Nomination Committee (the “Committee”).

Article 2 (Composition)

  1. The Committee shall consist of all outside directors.
  2. The chairman of the Committee shall be elected among the Committee members by the resolution of the Committee.
  3. If the chairman of the Committee is absent or disabled, the position shall be deputized in accordance with the order established by the Committee.

Article 3 (Duties)

The Committee shall perform the functions of nominating candidates for the Audit Committee members and recommending them to General Shareholders’ Meeting.

Article 4 (Convening of Meetings)

  1. The Committee meetings shall be convened on occasion as deemed necessary by the chairman.
  2. The Committee meetings shall be convened upon determined date, by giving notice to each of the Committee members at least seven (7) days prior to the scheduled date of such meeting; provided, however, that the said procedures may be omitted with the consent thereon of all the Committee members.

Article 5 (Resolutions)

  1. The Committee shall deliberate on and resolve the following matters.
    1. Matters related to the nomination of candidates for the Company’s Audit Committee members; and
    2. Any other matters necessary for the nomination of candidates for the Audit Committee members

Article 6 (Method of Resolution)

  1. All resolutions of the Committee shall be adopted by affirmative vote of two thirds (2/3) or more of all members.
  2. The Committee may allow all members to take part in a resolution by means of a communication system of transmitting and receiving visual images and sounds simultaneously, without the personal attendance of all or part of them at the meeting. In this case, the relevant members shall be deemed to have attended the meeting.
  3. A Committee member having a special interest in respect of the matter for deliberation by the Committee shall not exercise the voting right, and such a member shall not be included in the members of the Committee for the calculation of the votes.

Article 7 (Operation of Advisory Committee for Selection of Audit Committee Members)

If deemed necessary, the Committee may establish and implement an advisory committee for selection of candidates for the Audit Committee members.

Article 8 (Attendance of Relevant Persons)

If deemed necessary, the chairman may have any internal or external relevant persons attend the Committee meeting to provide opinions thereto.

Article 9 (Minutes)

  1. Deliberations in Committee meetings shall be recorded in minutes.
  2. The minutes of the Committee meetings shall set forth the agenda, summary of progress, results thereof, objecting members, and reasons thereto, and shall affix the seal or signatures of the members in attendance.

Article 10 (Department in Charge)

A responsible department supporting the Committee shall be the department supporting the board of directors.

SUPPLEMENTARY PROVISIONS

These Regulations shall be effective from February 15, 2008.

SUPPLEMENTARY PROVISIONS (1)

These Regulations shall become effective from April 15, 2012.

SUPPLEMENTARY PROVISIONS (2)

These Regulations shall become effective from July 1, 2013.