Reason for election and activity status

As Chairman & CEO of the Company, he has provided guidance on the overall management strategy and optimum allocation of management resources for the entire Group for many years, leading the Group as a whole.

In addition, he possesses extensive knowledge regarding M&A and Group business expansion and has contributed to the expansion of the Group.

The Company deems that he is a person who will continue to contribute to the sustainable growth and enhancement of corporate value of the Group, and therefore has nominated him as a candidate for Director.

Board of Directors Meetings :

13/13 (100.0%)

As President and Executive Officer of the Company, he directs the management of the Company and formulates and implements strategic visions with a medium- to long-term perspective. He has implemented internal reforms and organizational improvements while promoting the development of businesses that utilize new technologies such as generative AI, thereby contributing to the soundness and growth of the management of the entire Group.

The Company deems that he is a person who will continue to drive the development of the Group, and therefore has nominated him as a candidate for Director.

Board of Directors Meetings :

13/13 (100.0%)

He has been demonstrating strong leadership in formulating and realizing medium- to long-term management strategies based on his extensive experience and broad knowledge and insight as a person in charge of business divisions. In addition, he has contributed to strengthening the Group’s management foundation by demonstrating his capabilities in a wide range of areas, such as by improving the efficiency of management operations at the Company and each Group company and developing human resources.

The Company deems that he is a person who will continue to contribute to the enhancement of corporate value of the Company and the Group, and therefore has nominated him as a candidate for Director.

As President and Executive Officer of our subsidiary, he possesses extensive experience and broad insight concerning business operations and marketing strategies.

The Company deems that he will contribute to the sustainable growth of the Group and creation of Group synergies, such as by providing constructive suggestions regarding the current status of the Company as seen

from each Group company, and therefore has nominated him as a candidate for Director.

He has extensive knowledge on corporate management as well as ample experience and achievements particularly concerning corporate planning, public relations strategy, etc. As an Outside Director of the Company, he has

evaluated the current status of the Company from an objective point of view and has contributed significantly to the continued growth of the Group and has fulfilled his responsibilities well by providing advice and support to

the Board of Directors regarding matters such as the effectiveness of the Board of Directors and public relations strategies.

The Company deems that he will continue to contribute to the continuous growth of the Group, and therefore has nominated him as a candidate for Outside Director.

Board of Directors Meetings :

13/13 (100.0%)

She has ample experience and achievements in executive consulting as well as extensive knowledge and insights on management overall as a corporate manager.

As an Outside Director of the Company, she provides advice and support from an objective perspective to the Board of Directors, and has made a significant contribution to the continued growth of the Group, particularly in

terms of the utilization and development of human resources.

The Company deems that she will continue to contribute to the continuous growth of the Group, and therefore has nominated her as a candidate for Outside Director.

She has held key positions and director positions at operating companies, and has abundant experience in sales planning, as well as in all administrative divisions, including human resources and general affairs. She has

evaluated the current status of the Company from an objective perspective and has fulfilled her responsibilities well, including providing the Board of Directors with much advice and support on the Company’s business

activities.

The Company deems that she will continue to contribute to the continuous growth of the Group, and therefore has nominated her as a candidate for Outside Director.

Board of Directors Meetings :

13/13 (100.0%)

He has led auditing globally as a person in charge of an audit department at operating companies. After joining the Company, he has sufficiently fulfilled his job duties in M&A and the reinforcement of group governance.

The Company deems that his accumulated work experience and expertise will be conducive to performing responsibilities of the Audit and Supervisory Committee, and therefore has nominated him as a candidate for Director serving on the Audit and Supervisory Committee.

Board of Directors Meetings :

13/13 (100.0%)

Audit and Supervisory Committee Meetings : 14/14 (100.0%)

He, from an independent and neutral position, provides advice to the Board of Directors regarding the development of management plans, based on his extensive knowledge and insights on corporate management as well as his ample experience and expertise concerning consulting on and planning, design and development of information systems.

The Company deems that he will continue to appropriately fulfill his duties including the confirmation of progress status, etc. and the supervision of Directors, and therefore has nominated him as a candidate for Outside Director serving on the Audit and Supervisory Committee.

Board of Directors Meetings :

13/13 (100.0%)

Audit and Supervisory Committee Meetings : 14/14 (100.0%)

As a certified public accountant, he is well versed in finance, M&A, accounting, and tax and has sufficient insights for governing corporate management. He has been effectively performing management monitoring on the basis of his broad experience of being directly involved with corporate management and having served as an outside director for multiple companies.

The Company deems that he will continue to contribute to the reinforcement of the monitoring function of the Board of Directors and to provide advice and opinions from a broad managerial perspective, and therefore has nominated him as a candidate for Outside Director serving on the Audit and Supervisory Committee.

Board of Directors Meetings :

13/13 (100.0%)

Audit and Supervisory Committee Meetings : 14/14 (100.0%)

Equipped with a legal perspective and broad knowledge as a lawyer, she has abundant business experience regarding laws and regulations, compliance, risk management, etc. in the area of corporate legal affairs. Due to her expertise as a lawyer and extensive experience as an Outside Audit & Supervisory Board Member at multiple companies, the Company expects that she will be suitable for the management monitoring and supervision from a neutral, objective, and legal perspective, and therefore has nominated her as a candidate for Outside Director serving on the Audit and Supervisory Committee. Ms. Michiho Tachi is a Substitute Outside Director serving on the Audit and Supervisory Committee.