Governance

The Group will establish effective governance frameworks to ensure the transparency, objectivity, and fairness of the management of the companies and earn society’s trust everywhere it operates. The Board of Directors recognizes fiduciary responsibilities to all stakeholders, including shareholders and investors, and supervises the Group’s overall management by taking responsibility for the Company’s sustainable growth and maximization of mid- to long-term shareholder value (MSV) through the appropriate exercise its authority.

Basic approach to governance	Corporate Governance Policies/Corporate Governance Report Our approach to corporate governance Status of Company shares, execution of share rights Corporate governance system
The Board of Directors	Our approach to the composition and skills of the Board of Directors (Election criteria, diversity, and other elements) List of Directors (as of March 29, 2022) Roles of Independent Directors Committees Election and dismissal of Directors and Executive Officers Remuneration and Other Matters Concerning Directors and Executive Officers Analysis and assessment of the effectiveness of the Board of Directors
Executive system	Executive system List of Executive Officers
Internal control	Global governance Initiatives to Establish the Global Audit Framework Basic policy on internal control (Basic policy on internal control systems) Operation status of internal control system (Internal Control System Operational Status Report)
Nippon Paint Group Global Code of Conduct	Nippon Paint Group Global Code of Conduct Nippon Paint Group Global Code of Conduct Data (Japanese / English / Chinese)
Risk management	Risk management system Risk management activities Compliance Systems and Activities Transparency of taxes Environmental and social activities
Governance Content	Independent Directors Discussion about Corporate Governance Discussions by the Board of Directors Governance Initiatives Q&A with Independent Director Viewpoints of Independent Directors