Notice Regarding Changes to Officers

Overview of Officer Changes

Kintetsu Group Holdings Co., Ltd. has decided on a new officer structure in conjunction with transitioning to a company with an audit and supervisory committee at the 115th Annual General Meeting of Shareholders held in June 2026. The total number of directors will be 15, with 8 outside directors comprising the majority, and 4 female directors. Newly appointed directors include Kensuke Nakanobo (scheduled Executive Managing Director) and Keiko Yokoyama (candidate for outside director), among others, while several directors are scheduled to retire. Detailed announcements were also made on candidates for audit and supervisory committee directors, group executive officers, and executive officers.

Future Plans and Intentions to Strengthen the Framework

These officer changes aim to strengthen the board’s supervisory functions and realize swift and agile business execution with a focus on sustainable value creation and further growth. The officer changes will be formally decided at the Annual General Meeting of Shareholders in June 2026 and the subsequent board meeting. The new structure seeks to enhance management diversity and transparency, aiming to strengthen governance by securing a majority of outside directors and increasing female directors.