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Situation of Corporate Governance
8. Number of Directors / 9. Method of Director Election

8. Number of Directors / 9. Method of Director Election

The AEON MALL Articles of Incorporation stipulate that the company shall have no more than 20 directors. The AEON MALL Articles of Incorporation stipulate that the resolution for the election of directors shall be adopted at the General Meeting of Shareholders by a majority of the voting rights of shareholders present at a meeting in which shareholders holding one-third or more of all voting rights of shareholders who are entitled to exercise their voting rights are present. The AEON MALL Articles of Incorporation stipulate that resolutions for the election of directors shall not be made via cumulative voting.