Effissimo Capital Management Submits Shareholder Proposal to MESCO

MESCO, Inc. is a Japan-based construction company mainly engaged in the engineering and piping businesses. The Company operates in two business segments. The Engineering segment is engaged in the integrated planning, design, construction, operation, maintenance and consultation of various industrial equipment and facilities, such as mining, smelting, metal processing, ceramics, construction materials, electricity, petroleum and gas facilities, as well as the sale of plant components. The Piping and Material segment is engaged in the design, manufacture and sale of polyethylene pipes, polyethylene composite pipes and the accessories, as well as the design, management, construction and technical assistance of the related installation works, such as water supply and sewage, hot spring water supply, submarine water transmission, agricultural water supply, district heating and air conditioning facilities, and the provision of lead sound proof materials and shielding materials.