Notice Regarding the Appointment of Outside Director Candidates

We hereby announce that at the Extraordinary General Meeting of Shareholders held on March 31, 2025, the following directors were appointed.

Outside Director Candidate

Maxim Raymond Kingsley Beatty

Biographical Information on the Candidate for New Outside Director

Managing Partner, Nekst Co (December 2020 – Present, Melbourne, Australia)

• Lead an e-commerce startup specializing in handcrafted accessories and fashion jewelry for the Australian market.
• We have actively invested in the real estate and technology sectors in Silicon Valley, China, Japan, and Europe, achieving a proven track record of net asset capital growth.

Managing Partner, PostCapitalism B.V. (December 2017 - December 2019, Melbourne, Australia)

• Founding partner of a blockchain fintech company pioneering distributed ledger technology (DLT) solutions based on real estate.
• As an early adopter of blockchain since 2013, I organized educational events in Shanghai, Manila, and Melbourne.
• Create the book and audiobook/podcast versions of "WTF is Bitcoin?! The Cryptocurrency and Blockchain Guide for Dinner Parties" to establish thought leadership in the blockchain space.

Chief Executive Officer, Hallohallo Inc. (December 2014 - January 2017, Manila, Philippines)

• Reforming a leading e-commerce group into a major Japanese corporate investor through strategic mergers, business process re-engineering, and regulatory innovation; key backers include GMO Cloud (TYO: 9449).
• Led a team of over 300, executed a $32 million merger, and tripled user base to 2.2 million through innovative digital strategies and partnerships with key governments.
• The company launched a major transaction involving a $1 billion acquisition proposal and began expanding its core retail operations (Cool Japan) to 120 stores.
• Localize 50 episodes of MBS Japan's "Jōnetsu Tairiku".

Founder and CEO, Yubi Digital (January 2005 - January 2015, Shanghai, China)

• Led a robust video marketing division of 30 staff, acquiring top-tier accounts with creative campaigns and multimedia productions, achieving significant revenue growth.
• Leads campaigns for global brands such as Coca-Cola, L'Oréal, Kraft Foods, Kao, Konica Minolta, and Hakuhodo, generating net profits of over $3 million, including investments.
• Negotiated a co-production agreement with DLE Inc. (TYO: 3686) to produce "The Adventures of Sinbad," which grossed over $6 million at the Chinese box office.
• Co-produced the international documentary "Pump!" which was screened at the Sundance Film Festival.
• Serving as an Independent Director on the board of Crayon Inc., which is headquartered in Osaka.
• Filmed "Aiko Kawashima 1000th Live" documentary with Tsubasa Records in Tokyo.
• Localization of DoCoMo i-mode for Australian clients.

International Sales Manager, Nitto Kohki Co., Ltd. (TYO: 6151) (December 2001 – January 2003, Tokyo, Japan)

• Manage operations across North America, South America, Europe, and Australia.