Notice Regarding Executive Personnel Changes

Overview of Executive Personnel Changes

Escon Corporation resolved to submit a proposal for the appointment of director candidates at the 31st Annual General Meeting of Shareholders scheduled for June 24, 2026. The director candidates scheduled for reappointment include President and CEO Takatoshi Ito, Senior Managing Director Minoru Nakanishi, Director Yukikazu Tsubouchi, among others, totaling six individuals. Additionally, three outside directors—Keiko Otsuki, Hiroaki Hattori, and Hiroko Koba—are nominated for reappointment and will be registered as independent officers with the Tokyo Stock Exchange. Tomohiko Wakayama, a director serving as an Audit and Supervisory Committee member, is also scheduled for reappointment.

Future Structure and Impact on Investors

The new structure is planned to take effect following the conclusion of the Shareholders’ Meeting on June 24, 2026, with the President and CEO at the helm. Executive officers, including the head of the Corporate Planning Division, will continue their management roles. The three outside directors will continue to serve as independent officers, contributing to the strengthening of corporate governance. This executive personnel change indicates continuity in the current management structure, implying expected managerial stability; however, the document does not specify any changes in management policy or direct impact on financial performance.