Note: This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

July 1, 2024
Company Name: Asahi Broadcasting Group Holdings Corporation
Representative: Susumu Okinaka, Representative Director and President(Securities Code: 9405, Tokyo Stock Exchange Prime Market)
Inquiries: Takashi Matoba, General Manager, General Affairs Division(TEL: +81-6-6458-5321)

Matters Concerning Controlling Shareholder, Etc.

1.

Trade name, etc. of parent company, controlling shareholder (excluding parent company), other affiliatedcompany(As of March 31, 2024)
Ratio of voting rights held (%)
NameThe Asahi
ShimbunCompany
2.

Attribute

Other affiliatedcompany

Voting rights
directly held

Voting rights
subject toaggregation

Total

14.9

0.2

15.1

Financial instruments exchange,
etc. on which the issued shares,etc. are listed—

Positioning of the Company in the corporate group centering on the parent company, etc. and the relationships
between other listed companies and the parent company, etc.

(1) Business, personnel, and capital relationships, etc.
Items
Conditions
Position of the Company within the The Asahi Shimbun Company is a major shareholder of thecorporate group of the parent company, Company, and the Company is an equity method affiliateetc. and business, personnel, and categorized as part of the broadcasting business within thecapital relationships with the parent corporate group of The Asahi Shimbun Company.
company, etc. and its group companies The two companies mutually promote collaboration as a groupto respond to the changing media business environment andprevail against increasingly fierce media competition. They
discuss details on program production, web development, andother matters at their working groups that are organized for thenews, sports, and other projects.
The Company holds 2.3% of shares in The Asahi Shimbun
Company to realize a wider range of business partnerships.
The Company’s Board of Directors comprises 13 members,
which include a full-time director and an outside director fromThe Asahi Shimbun Company.
Business constraints, risks, and The Company enjoys significant synergies in such areas as thebenefits of belonging to the corporate television and radio broadcasting business, which earns content
group of the parent company, etc. and and advertising revenue, etc., and event and other businesses
the impact on management and through its partnership with The Asahi Shimbun Company.
business activities from such matters The Company makes its own decisions regarding management,

Itemsas business, personnel, and capital
relationships with the parent company,etc. and its group companies
Approach to ensuring a certain degreeof independence from the parentcompany, etc., measures to achieve itin anticipation of business constraints
due to belonging to the corporategroup of the parent company, etc., andthe impact on management andbusiness activities from such mattersas business, personnel, and capital
relationships with the parent company,etc. and its group companies

Status of ensuring a certain degree ofindependence
fromtheparentcompany, etc.

Conditions
financing, and other matters in its business operations.
Therefore, The Asahi Shimbun Company’s management policy
and other policies cannot affect decisions on the Company’smanagement policy, etc.
The television broadcasting business, the Company’s main
business, is regulated under the Radio Act, the Broadcasting Act,and other laws and regulations due to the scarcity of broadcast
wave and the highly public nature of the business, and it isrequired in terms of broadcast content to exercise discipline
under the autonomy and independence of a broadcaster.
In addition, business segregation is definitely ensured between
the Company and The Asahi Shimbun Company, whose main
business is newspaper publishing. Therefore, the Company
believes that the Group’s independent business activities are nothampered.
With regard to concurrent directorships, the Company hasrequested the appointment to pursue business synergies andexchange management information.
For business transactions with the parent company and its groupcompanies, the same terms and conditions as those with generalbusiness partners are applied.
Asahi Television Broadcasting Corporation and Asahi Radio
Broadcasting Corporation in the Group have their own
programming rights, which are considered the most important
for a broadcaster, due to not only statutory and other regulations
but also the approach and measures stated above.
Moreover, those who have strong ties with the parent company,etc. do not comprise the majority of the Company’s Board ofDirectors.
As such, the Company believes that sufficient independence
from The Asahi Shimbun Company and its group is ensured.

(2) Status of concurrent directorships
Title

OutsideDirector

NameTitle at parentcompany, etc.

Reason for the appointment

Reiko Horikoshi

Board Director,
Representative ofOsaka Head Office

The Company requested the appointment
from the viewpoint of strengthening
exchanges of management information andcomprehensive capabilities as a mediacompany.

(3) Acceptance of seconded staff
Division

NumberParent company, etc. orits group company

Reason for accepting seconded staff

ContentDevelopment

1

The Asahi Shimbun
Company

For personnel exchanges(Note) The Company has 110 employees as of March 31, 2024.

2The acceptance of seconded staff from other affiliated companies at Asahi Television Broadcasting Corporation, aconsolidated subsidiary of the Company, is as follows.
Division

NumberParent company, etc. orits group company

Reason for accepting seconded staff

ContentManagement

1

The Asahi Shimbun
Company

For personnel exchanges

News

1

The Asahi Shimbun
Company

For personnel exchanges

Sales

1

The Asahi Shimbun
Company

For personnel exchanges(Note) Asahi Television Broadcasting Corporation has 517 employees as of March 31, 2024.
3.

Matters concerning transactions with the controlling shareholder, etc.
There are no significant items to report.

3