Oasis to Vote AGAINST the Reappointment of President Takahata and Director Takagi to Drive Transformation at SMS

*SMS was once highly valued by the market as a high-growth, high-profit company, but that reputation has faded significantly in recent years, with its market capitalization having fallen by roughly -50% from its 2022 peak

*SMS announced its “Growth Roadmap” in April, setting ambitious quantitative targets to nearly double both revenue and profit over the next five years

*However, the roadmap lacks credibility, relying on excessively optimistic assumptions and an expectation that substantial upfront investments over the next two years will generate extraordinary returns

*SMS has consistently failed to meet its earnings guidance in recent years