On June 4, 2024, Palliser Capital announced that it has issued an investor presentation with shareholders of Keisei Electric Railway Co Ltd, outlining further details about its binding proposal for fundamental TSE-aligned change at the Company ahead of the Company?s upcoming annual general meeting on June 27, 2024. stating that its proposal to require the Company to establish a capital allocation plan and partially reduce its shareholding in Oriental Land Company to less than 15% in just under 2 years - illustrating how the result can unlock US$3bn in value, enhance the Company?s position as a leader in the Japanese market and promote sustainability, stability and future success for the Company over the medium- to long-term. In addition, Palliser Capital stated that Company?s recent actions have failed to address shareholder concerns and that other constructive suggestions it made to the Board?such as a non-binding advisory vote?to give shareholders a voice and encourage concrete action were dismissed, and it also outlines why the Board?s opposition to the AGM proposal is unsubstantiated, self-serving and wrong.