Notice Regarding Transition to a Company with an Audit and Supervisory Committee

Overview of Personnel Changes

Kintetsu Group Holdings Co., Ltd. has resolved, contingent on approval at the 115th Annual Shareholders Meeting scheduled for June 2026, to transition to a company with an Audit and Supervisory Committee. The names of the individuals involved and specific position changes are currently unknown, but the main change involves granting voting rights at the Board of Directors meetings to directors responsible for auditing, including outside directors. The effective date will be after approval at the Annual Shareholders Meeting in June 2026. The reason for this change is to strengthen and enhance the supervisory function of the Board of Directors and to facilitate swift and flexible business execution.

Impact on Management Structure

The transition to the new structure is part of the management policy aimed at enhancing corporate value and shareholder value based on the “Medium-Term Management Plan 2028.” By transitioning to a company with an Audit and Supervisory Committee, the supervisory function of the Board of Directors will be reinforced and the scope of delegation to the management team expanded, promoting faster decision-making. This aims to enrich deliberations on medium- to long-term management strategies and strengthen the organization to achieve sustainable value creation and further growth.