#PersonnelChanges

Director personnel changes scheduled for March 27, 2026. Two new director candidates (Hiroyuki Ogawa and Shotaro Inada) and two directors to resign (Hiroyuki Goda and Tatsuro Ishizuka) are planned.

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.

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.

As of April 1, 2026, Osamu Inoshita, General Manager of the 2nd Business Headquarters and Head of the Home Appliances Division, was appointed Executive Managing Officer. Daisuke Inoue was promoted to General Manager of the 2nd Business Headquarters, Head of the Lifestyle Business Division, and Head of the Home Appliances Division.

Changes to directors and auditors are scheduled as of March 27, 2026. Mr. Kei Nakano will be newly appointed as an outside director, and Mr. Hiroyuki Ito will retire. For auditors, Mr. Yuichiro Katsura will be newly appointed, and Mr. Yukihiro Yakura will retire.

Nitto Boseki will implement a change in executive personnel, including a change of representative executive officer president, effective April 1, 2026. Mr. Toshinobu Hayashi will assume the role of new president to renew and rejuvenate the management structure.

Tokyo Gas Co., Ltd. announced changes to its executive officers effective December 23, 2025. Mr. Keiichi Osaku was promoted to Senior Managing Executive Officer, Corporate Headquarters, and Ms. Madoka Yamagishi assumed the role of Executive Officer, Deputy General Manager of Corporate Headquarters, in charge of Corporate Planning/IR and concurrently General Manager of the Finance Department. Mr. Shinichi Kiyota resigned.

As of April 1, 2026, representative executive officers of Sumitomo Mitsui Trust Holdings, Inc. and Sumitomo Mitsui Trust Bank, Limited will be changed. Mr. Kazuya Oyama will assume the position of Group Executive President (Representative Executive Officer) CEO, and Mr. Manabu Yoneyama will be appointed President (Representative Director) of Sumitomo Mitsui Trust Bank.

LIXIL Corporation has decided on changes in representative executive officers and the appointment of new executive officers effective April 1, 2026. The representative executive officers will be composed of two individuals, Kinya Seto and Yugo Kanazawa.

ORIX Corporation will implement executive personnel changes and organizational restructuring ahead of January 1, 2026, and the Annual General Meeting scheduled for June that year. The company announced the resignation of the Representative Executive Chairman, departures and advisory appointments of several executives, and the appointment of new directors to renew its organizational structure.