Held on March 21, 2024

GMO Internet Group, Inc.

FY2023 Annual General Meeting of Shareholders: Questionnaire Results

Shareholders' attributes
GenderAge

AGM attendance

Other/Prefer not to say 8%

20's 0%70's
and over8%

Female
2%

30's
8%

60's
23%
Male

40's
34%

3rd timeor more
43%

50's
27%

90%

1st time
38%

2nd time
19%

Reasons to invest
Eﬀort into ESG 1%
OthersShareholder
incentives
14%

Growthpotential

Management
philosophy

37%

16%

Stability

Undervalued
9%

2%

10%
Shareholder
returns
11%

General meeting of shareholders
Reasons for coming to the venue

Voting

Q&A

Others 1%

Understanding
business details
22%

Bad2%

VotingBad9%

27%

Checking
corporate
Comprehending
performance
management
14%
pholosophy andmanagement team

36%

Very bad 4%

Very bad 0%

Good54%

Very good
33%

Very good
44%

Good54%

All in all
Very bad 2%
Bad9%

Very good
41%

Good48%General meeting of shareholders from next year onward
Want to participateDonʼt want to participate 4%
Donʼt know
11%

Want to participate
85%

Received opinions (excerpt)
１. Opinions on the method of holding
１. 開催方法に関するご意見■ Previously, it was held on holidays, the atmosphere was understood,
and it was very good.
以前は休日開催で、雰囲気もわかり、とてもよかった。

■ Due to the end of the pandemic, like other companies, I would like you to hold it'face-to-face'. Please use the internet for streaming the shareholders' meeting.
コロナ禍が終息したため、他社同様、「対面」で実施してほしいです。

■ I would like you to continue holding virtual shareholders' meetings. It's because we
don't have to travel long distances.
これからもバーチャル株主総会での開催をお願いします。遠方へ出向かなくてよいため。

■ I want you to hold real shareholders' meetings like before the pandemic（excerpted）
Although the shareholders' meeting is the most important event for the company, it
can also be an event like a festival. I hope it becomes a company where many people(shareholders) gather, even at shareholders' meetings.
コロナ前のようなリアル株主総会を開催してほしいです。（中略）株主総会は、会社にとって最重要なイベントではありますが、お祭りのようなイベントでもあって良いと思います。株主総会であってもたくさんの人（株主）が集まる企業になってほしいです。

2. Opinions on the agenda and proceedings
2. 議事・進行に関するご意見■ There is a limit of one question per person, but I would like you to respond tomultiple questions.
一人１問に制限しているが、複数の質問にも対応してほしい。

■ "Not many shareholders fully understand the responsibilities and backgrounds of thedirectors involved in the proposals.
While it is something shareholders should check in advance, a brief introduction would
be even better.
Apart from the proposals, there is a slight dissatisfaction with the lack of speciﬁcity inthe explanations about the situation in each business area.
Since the general meeting is the primary communication opportunity for themanagement with shareholders, we want a comprehensive report on the business.
For example, it would be nice to have explanations on the recent focus of investment
scale by ﬁeld or theme, past achievements, challenges, future outlook, and the statusof eﬀorts."

議案について、役員それぞれの担当や経歴等を十分に把握している株主は多くないと思う。本来株主が事前に確認すべきところではあるが、簡単な紹介があるとさらに良いのではないか。
議案以外では、各事業分野の状況について具体性な説明が乏しい点がやや不満。株主にとって総会が経営陣の第一のコミュニケーションの場なのだから、事業についての総括的な報告が欲しい。例えば、概略でよいので、分野やテーマごとに直近の重点的な投資規模とこれまでの成果、課題、今後の見通しとそれらへの取り組み状況などの説明があると嬉しい。

3. Other
3. その他■ As an AI-leading company, I would like you to include AI course enrollment into theshareholder beneﬁts.
ＡＩ先進企業として、株主優待にＡＩ講座の受講を取り入れてほしい。

Thank you for answering the questionnaire.