Notice Regarding Changes to Representative Director and Officers

Overview of Changes to Representative Director and Directors

At the Board of Directors meeting following the Annual Shareholders’ Meeting scheduled for June 26, 2026, Mr. Shohei Hiyoshi will assume the position of President and Representative Director. Mr. Masaki Matsushita will become Chairman of the Board. Mr. Shohei Hiyoshi, Deputy President and Executive Officer, will be promoted to President and Representative Director, and Mr. Makoto Nakamura is scheduled to assume the position of Representative Director. Ms. Ihoko Kurokawa will be newly appointed as an Outside Director, replacing Ms. Kayo Tashita, who is scheduled to retire. Proposed amendments to the Articles of Incorporation will also be submitted at the Shareholders’ Meeting.

Changes to Auditors and Executive Officers

As for the Auditors, Mr. Kiyomi Ito will be appointed as Full-Time Auditor, and Ms. Mika Kobe as Outside Auditor. Mr. Akihiro Kasahara and Mr. Kiyoto Yamasawa are scheduled to retire. In the Executive Officers, Mr. Tatsuya Akabane and Mr. Takehiko Kimura will be promoted to Senior Executive Officers, and Mr. Shinichi Uchikune will be appointed as a new Executive Officer. Several others including Mr. Takano Takemitsu are scheduled to retire. These changes will take effect on June 26, 2026, aiming to strengthen the management base and achieve sustainable growth.