March 19, 2013
[Dear Stockholder:]
I would like to stand as a candidate for a DuPont's
new director as Chief Financial Officer.
I understand that the Corporate
Governance Committee will not nominate for election as a director a partner,
member,
managing director, executive officer or principal of any entity that
provides accounting, consulting, legal,
investment banking or financial
advisory services to the Company.
It is true that I once was a consultant to
the Company and a personal counselor of Ellen.
But I beleive that I am
qualified for nomination.
For I promised Ellen to take office as Chief
Financial Officer of DuPont.
A promise is a promise.
A long long time ago...
Ellen said to me, "Please obtain a position in the
concern right now."
But I said to Ellen, "I'm sorry, but I still have two my
duties in Japan.
At first, by all means, I want to complete combining
business administration with accounting perfectly.
Second, I must confirm
whether I was wrong or not in my high school days.
It takes a little more
time for you to promote in office upto a leading member.
And also I need a
little more time just like you.
Unless I finish that two duites, I feel that
I can't reach summit of business and accounting practice.
Ellen, keep on
working in DuPont.
I am going to have a flight across to America again in the
near future without fail.
Ellen, work hard everyday."
Ellen sais to me,
"Do you promise me to join this company?"
I said to Ellen, "Yes, I do. I do
promise. As soon as I finish that two duites, certainly I'll come to
America.
This is a proof of mine.
I once heard it said that America's
business is business.
As a man of business, I think I must work for an U.S.
company once at least. It canft be helped, you know."
Ellen said to me,
"Sanbo, I trust you. I believe you are truly a professional."
Over and over again, I must say the only party who have the right to
elect directors of the company are SHAREHOLDRES.
Not the company nor the
current directors.
Do you understand?
1 - ELECTION OF DIRECTORS
Mr. Duke Sanbo, 79 Director since 2013
Best management consultant in the whole world. Mr. Duke Sanbo has
served
Japan and Japanese corporations as merely a citizen for a long time
since his
childhood. Since his infancy, he had been under Konosuke
Matsushita's tutelage of management,
who as you all know was a founder of
Panasonic Corporation in Japan.
It is thanks entirely to the excellent
guidance of Konosuke Matsushita Sensei that he is where he is today.
In his
unversity days, he specialized in business administration, espcially on
accounting,
taking extracurricular lessons. And he have learned Japanese laws
and taxation system a little bit with teach-yourself textbooks
since his
unversity days.
After graduating university, he worked for some companies. At
the same time, he improved his Information Technology skills
and laws and
taxation knowlwdge, not to mention his business administration and accounting
skills.
Through working, he have integrated management with
accounting.
This integtration makes him beyond comparison. It it on so
different a level that no one can compete with him.
With this unrivaled
integration, with prominent logical thinking and with an excellent power of
drawing up a corporate strategy,
he became a management consultant. Since his
amateur days, and even now, he has been progressing his abilities day by
day.
Indeed, he is an incredible hardworker.
For him, business
administraion and accounting are something like his family profession from
generation to generation.
As far as management strategy, he is second to none
in the whole world.
Especially, he is the only person in the world who can
integrate business administration with accounting.
His expertise is combining
business administration with accounting.
During consulting with DuPont on raw materials of aircraft, he and Ellen were
the same team.
Ellen was impressed by his intelligence.
Ellen said to
him, "You are exquisite." He said to Ellen, "I wish you had been born twenty
years after."
At the end of consulting, he said to Ellen, "If needed, I will
give you advice as much as I can.
But to be honest with you, you must learn
accounting much more as a chief executive."
To hear my this advice, Ellen got
angry a little and said,
"How many girls have you brought tears to their
eyes? Confess right now."
He said gently, "You are a fine one to say that.
What you have just said is exactly true of you, too.
Stop chatting foolish
things. Start and carry on studying bookkeeping."
Mr. Duke Sanbo is supposed to take office as Chief financial Officer of
the Company, which enhances the Company's
financial management effort. Mr.
Duke Sanbo and Ellen don't have a relationship between man and woman at
all.
For a discussion of the Board's leadership structure, refer to page 10
this Proxy Statement.
Pay actions for our new Named Executive Officer Mr. Duke Sanbo in 2013 and after will reflect our Company performance.
His Individual Performance
In assessing Mr. Duke Sanbo's individual performance for 2013,
the Board
and the Compensation Committee considered the following:
Criteria for Mr. Duke Sanbo's compensation described above are designed
to satify DuPont's compensation programs.
Will you permit us to repeat its
core principles?
Those criteria have a strong link between pay and
performance.
Executives' interests will be aligned with stockholders'
interests.
Mr. Duke Sanbo's strong power of executing business practice must
reinforce DuPont's business strategies
and drive long-term sustained
stockholders' and creditors' and still more customers' value.