Notice of Changes in Directors, Executive Officers, etc. of the Company and Its Subsidiaries and Organizational Reforms

Overview of Changes in Directors and Executive Officers

Seibu Holdings Inc. announced that Ryuichiro Nishiyama will assume the position of Representative Director and President effective April 1, 2026, and Takashi Goto will become Chairman of the Board and Executive Chairman. The executive officer system will transition from the existing employment type to a delegated type to strengthen the separation between management decision-making and business execution. Furthermore, a new Group Executive Officer system will be introduced at the regular shareholders meeting scheduled for June 2026. Similar changes in directors and executive officers as well as organizational reforms will be implemented at subsidiaries Seibu Railway Co., Ltd., Seibu & Prince Hotels Worldwide, and Seibu Real Estate.

Organizational Reforms and Future Framework

At Seibu Railway Co., Ltd., to promote urban infrastructure development, the Construction Department will be renamed Urban Infrastructure Creation Department, accompanied by changes in directors. Seibu & Prince Hotels Worldwide will establish a specialized department to strengthen its global system and proceed with English renaming of departments. Seibu Real Estate will also undergo changes in directors and executive officers. These changes are planned to be finalized effective April 1, 2026, and at the June regular shareholders meeting, aiming to strengthen corporate governance and enhance business promotion across the group.