#ExecutivePersonnelChange

Mr. Fumihiko Kobayashi and Mr. Tsuyoshi Hachimura will resign as Representative Directors effective March 31, 2026, and Mr. Tomokuni Nishiguchi is scheduled to assume the position at the June 2026 Annual Shareholders Meeting. Concurrently, Mr. Makoto Kyoda will resign as Auditor, and Mr. Kenji Takai will be appointed.

Effective April 1, 2026, Michiaki Yashiro will be appointed Managing Executive Officer and Director, and Hiroyuki Goda will be appointed Managing Executive Officer. Hiroyuki Goda is scheduled to resign as Director as of March 27, 2026.

An extraordinary general meeting of shareholders will be held on February 17, 2026, with Ryoki Nishii to be appointed as an outside director. The director candidate has extensive management experience and industry expertise.

Personnel changes including promotions, appointments, and resignations of executive officers, directors, and auditors effective April 1 and June 17, 2026. Significant executive restructuring announced including changes in representative directors.

Resolutions on candidates for directors and audit & supervisory board members to be submitted at the Annual General Meeting of Shareholders scheduled for June 25, 2026, and on executive officers personnel effective April 1, 2026. Includes appointments of two new directors and two new audit & supervisory board members.

Takayuki Watarai is scheduled to assume the position of Representative Director on February 20, 2026. Multiple changes to directors and executive officers will also be implemented to renew the organizational structure.