Notice of Appointment of Directors and Audit & Supervisory Board Members

Outline

At the Board of Directors meeting held on August 7, 2026, the company resolved the appointment of director candidates and Audit & Supervisory Board member candidates and decided to submit them for approval at the 54th Ordinary General Meeting of Shareholders scheduled for September 25, 2026. The candidates include six directors (three of whom are external candidates) and three Audit & Supervisory Board members (two of whom are external candidates). Retiring directors are Kojimitani Hiroshi and Audit & Supervisory Board member Funaki Yukio. For new directors, Makoto Koshibe is listed as a candidate; for new Audit & Supervisory Board member, Masanori Hayashi is listed as a candidate.

Outlook and Impact

The start date of terms for the new candidates and the exact timing of their inauguration will await approval at the ordinary shareholders meeting. Changes in the number or composition of external directors are likely intended to strengthen the governance framework, potentially enhancing the company's decision-making process and audit framework.