Notice on the Establishment of Independent Officers Council

Fujitsu Limited has announced its decision made at a Board of Directors meeting held today to establish an Independent Officers Council.

The establishment of this Council is part of Fujitsu's initiative to strengthen its growth-oriented governance, which serves to improve profitability over a medium- to long-term horizon.

In response to the requirements of Japan's Corporate Governance Code, which facilitates the activities of Independent Officers⁽¹⁾, and in order to invigorate discussions on the medium- to long-term direction of the company at its Board of Directors meetings, Fujitsu believes it essential to establish a system which enables Independent Officers, who maintain a certain degree of separation from the execution of business activities, to consistently gain a deeper understanding of Fujitsu's business. In the Independent Officers Council, members share information and exchange viewpoints so that they can each formulate their own opinions.

In addition, the Independent Officers Council will move forward on considerations for other requirements associated with the Corporate Governance Code in pursuit of Fujitsu's own stance on corporate governance.