Notice Regarding Change of Representative Director

Restructuring of the Management Team

As part of strengthening its management system after becoming a consolidated subsidiary, the company has appointed a Representative Director and Chairman to place expertise in the foodservice business and performance improvement at the core of management. Kazunari Shimizu has assumed the position of Representative Director and Chairman; Atsushi Morishita will serve as a director; and Hirotsugu Kato will continue to oversee business execution as Representative Director and President. The new structure will officially take effect on 2026-10-16. This is intended to accelerate management reform in the foodservice segment and promote earnings recovery and improved profitability.

Future Roles and Expectations

The newly appointed Representative Director and Chairman will be responsible for setting overall management policy and driving performance recovery and management reform, while the Representative Director and President will oversee day-to-day business execution. This follows strengthened collaboration with external Tempo's Holdings, and by leveraging successful cases in the foodservice industry for the company's reforms, the goal is to expedite the pace of earnings recovery.