Notice Regarding the Board of Directors Structure

Overview of the Board of Directors Structure

Hoshizaki Corporation decided on a new board structure at the 80th Ordinary General Meeting of Shareholders and the Board of Directors meeting held on March 26, 2026. Seiji Sakamoto was appointed as Chairman of the Board, and Yasuhiro Kobayashi as Representative Director and President, excluding directors who are audit and supervisory committee members. Outside directors Masanao Tomozoe and Masahiko Goto were appointed. Additionally, Tadashi Mizutani (full-time), Rie Tsuge, and Yoshimi Horinishi (both outside directors) were appointed as directors who are audit and supervisory committee members.

Impact on Shareholders and Corporate Strategy

This change in the board structure comes into effect on March 26, 2026, aiming to enhance management transparency and strengthen supervisory functions. The appointment of outside directors is expected to improve governance. However, no specific information is provided regarding direct impacts on management policies or financial performance. Investors should closely monitor future management developments.