Notice Regarding Changes in Directors and Executive Officers with Titles

Overview of Personnel Changes for Directors and Executive Officers with Titles

As of April 28, 2026, Chudenko Corporation has preliminarily decided on personnel changes for directors and executive officers with titles, to be finalized following the 110th Annual General Meeting of Shareholders and the subsequent board meeting scheduled for June 24, 2026. Akira Sakotani, Chairman and Representative Director; Takafumi Shigefuji, President and Representative Director; and Minoru Taniguchi, Executive Vice President and Representative Director, will be reappointed. All four outside directors are also scheduled for reappointment, and there will be no changes to the four directors who are Audit and Supervisory Committee members. Among executive officers with titles, Yoshito Ito will be promoted to Senior Managing Executive Officer, with several other position changes planned.

Future Schedule and Impact on Corporate Strategy

These personnel matters are scheduled to be officially approved at the shareholders’ meeting on June 24, 2026, and the following board meeting. Since the focus is on reappointing the current management team, continuity of management is expected to be maintained, ensuring a stable governance structure. The promotion of executive officers with titles aims to invigorate the organization and strengthen management. This information is important for investors as it confirms transparency and continuity in corporate governance.