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ValueAct Capital Files Large Shareholder Report in Sun Corp

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SAN FRANCISCO--(BUSINESS WIRE)-- ValueAct Capital (“ValueAct”), a global investment firm with a position of approximately 7.8% of the shares outstanding in SUNCORPORATION (TSE: 6736), today filed a Large Shareholding Report with Kanto Zaimukyoku (Kanto Local Finance Bureau) in Japan.

Commenting on the investment, ValueAct Capital Co-CEO Rob Hale said, “ValueAct is pleased to become a large shareholder of Sun Corp. We have great respect for Sun’s businesses and especially their historical sponsorship of Cellebrite (NASDAQ:CLBT), the world’s leading digital investigations platform. We believe that Sun is on a path to maximize the value of their Cellebrite investment, and that all stakeholders of both companies stand to benefit from this effort. We have enjoyed getting to know the management of Sun and Cellebrite and look forward to our further engagement with them.”

About ValueAct Capital

ValueAct Capital, established in 2000, is a global investment firm managing capital on behalf of some of the world's largest institutional investors. ValueAct seeks to identify and invest in high-quality businesses that are temporarily under-valued, taking a patient, collaborative and constructive approach to value-building for all stakeholders, often partnering with executives and board members. Since 2017, ValueAct has been a significant investor in the Japanese public equity markets. In the firm's history, partners of ValueAct have served on over 55 public company board seats, including on the board of two Japanese public companies. For more information, please see https://valueact.com.

Media Inquiries:

ValueAct Capital

415-362-3700

media@valueact.com

Source: ValueAct Capital

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