Notice Regarding Change of Representative Director and President

Overview of Change in Representative Director

At the board of directors meeting held on January 30, 2026, the change of the representative director and president was decided. The current Representative Director and President, Mr. Kenji Takihara, is scheduled to become a Special Advisor, and Mr. Hiroshi Nagaki is scheduled to assume the position of Representative Director and President after the regular general meeting of shareholders in late June 2026. This change is part of management restructuring aimed at enhancing the effectiveness of the board of directors and strengthening the governance system, with the goal of achieving sustainable growth and maximizing medium- to long-term corporate value.

Brief Biography of New Representative Director and President Hiroshi Nagaki

Mr. Hiroshi Nagaki was born on February 20, 1970, in Fukushima Prefecture. After graduating from the Faculty of Letters at Doshisha University, he completed the Graduate School of Business Administration at Keio University. Since joining the company in 1993, he has held positions such as Deputy Sales Manager, Director, Head of the IR Office of the Planning Division, Executive Officer and General Manager of the Planning Division, and currently serves as Senior Managing Director and General Manager of the Overseas Business Division. As of December 31, 2025, he holds 14,905 shares of the company.