Notice of Retiring Representative Director and Directors and Review of Management Structure

Background to management structure reform

abc Co., Ltd. decided to fundamentally review its management structure and governance to enhance the reliability of financial reporting and the adequacy of disclosure, based on the resignation of the company's external auditor in May 2026. The current representative director president Masuda Motoki and the executive vice president Katata Tomoki are scheduled to retire at the conclusion of the next ordinary general meeting. A new director candidate is being selected, with expectations that the person will contribute to strategic management, governance strengthening, and sustainable growth. The formal decision on the new structure will be made at the next ordinary general meeting and the subsequent board meeting, and will be promptly announced once decided.

Outlook and impact

As of now, the appointment of the new management team is undecided, and details on personnel, specific policies, and the impact on consolidated results are unknown. The company aims to withdraw from its cryptocurrency trading business, strengthen its accounting framework, and pursue governance enhancements and mid- to long-term corporate value improvement. The new structure is expected to formally commence from the conclusion of the next ordinary general meeting scheduled for November 2026.