March 1977	Joined the Company
September 1984	Managing Director and General Manager, General Planning Section, the Company
September 1986	Senior Managing Director, the Company
April 1992	President, the Company
September 2023	President & CEO, the Company
September 2024	Chairman & Director, the Company (current position)

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April 1988	Joined PLUS CORPORATION
May 1999	Joined ASKUL Corporation
February 2010	President, ASMARU Corporation
August 2017	Director, Chief Marketing Officer (CMO), Executive Officer, Executive Officer of Life Creation Unit and Value Creation Center Unit, B-to-C Company, ASKUL Corporation
May 2021	Director, Supervisor of Branding, Design and Supplier-relations, ASKUL Corporation
June 2021	Outside Director, Audit and Supervisory Committee Member, Asahi Holdings, Inc. (currently ARE Holdings, Inc.)
September 2022	Director and Managing Executive Officer, the Company
June 2023	Outside Director, JAPAN POST HOLDINGS Co., Ltd. (current position)
September 2023	Director and Managing Executive Officer, & CMO, the Company
September 2024	Representative Director, President & CEO, the Company (current position)

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March 1983	Joined the Company
May 2002	General Manager, Corporate Planning Section, the Company
June 2006	Executive Officer, the Company
September 2010	Director, the Company
September 2012	Managing Director, the Company
September 2018	Senior Managing Director, the Company
September 2020	Director and Senior Managing Executive Officer, the Company (current position)

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April 1984	Joined The Bank of Tokyo, Ltd. (currently MUFG Bank, Ltd.)
April 2008	Deputy General Manager, Shanghai Branch, The Bank of Tokyo-Mitsubishi UFJ (China), Ltd. (currently MUFG Bank (China), Ltd.)
April 2011	Regional Head for Germany and General Manager, Dusseldorf Branch, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (currently MUFG Bank (Europe) N.V.)
August 2014	Advisor, the Company
September 2014	Executive Officer, the Company
September 2014	Director, the Company
September 2015	Managing Director, the Company
September 2020	Director and Managing Executive Officer, the Company
September 2023	Director and Senior Managing Executive Officer, & CFO, the Company (current position)

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April 1985	Joined the Company
November 2006	General Manager, Electronic Stationery Business Promotion Department
June 2011	Executive Officer, the Company
September 2014	Director, the Company
September 2016	Managing Director, the Company
September 2020	Director and Managing Executive Officer, the Company (current position)

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April 1998	Registered as attorney-at-law
April 1998	Joined Miyahara, Suda, Ishikawa Law Office
October 2003	Joined Kasahara Law Office
August 2012	Established Ryowa Sogo Law Office
September 2015	External Auditor, the Company
June 2016	External Audit & Supervisory Board Member, Toppan Printing Co., Ltd. (currently TOPPAN Holdings Inc.)
March 2018	Audit & Supervisory Board Member, Yano Research Institute Ltd. (current position)
September 2019	External Director, the Company (current position)
January 2025	Joined Takagi Law Office (current position)

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April 1988	Joined Japan Broadcasting Corporation (NHK) Matsuyama Headquarters
February 1991	Freelance announcer
March 2007	Joined NTT Solco Corporation (currently NTT Nexia Corporation)
June 2008	Joined Sumitomo Life Insurance Company
December 2009	Representative, OfficeBenefit (current position)
July 2011	Certified as Certified Financial Planner (CFP)®
September 2019	Vice President, Fiduciary and Independent Wealth Advisors, NPO
September 2021	External Director, the Company (current position)
May 2022	Representative Director, MZ Benefit Consulting, Inc. (current position)
August 2022	Registered as Labor and Social Security Attorney
December 2023	Representative Director, Financial Education Association (current position)
April 2024	Chairperson, Fiduciary and Independent Wealth Advisors, NPO (current position)

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April 1998	Joined The Long-Term Credit Bank of Japan, Limited (currently SBI Shinsei Bank, Limited)
April 2003	Research Associate, School of Commerce, Waseda University
October 2009	Adjunct Researcher, Institute of Marketing Communication, Comprehensive Research Organization, Waseda University (current position)
April 2012	Associate Professor, Business Economics Faculty, Tokyo International University
April 2018	Visiting Professor, The Open University of Japan
April 2018	Professor, Business Economics Faculty, Tokyo International University (current position)
September 2018	Part-time Lecturer, Graduate School of Commerce, Waseda University (current position)
September 2022	External Director, the Company (current position)

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April 1984	Joined Ajinomoto Co., Inc.
July 2011	Director and President, AJINOMOTO DEL PERÚ S.A
July 2013	Director and President, PT AJINOMOTO INDONESIA
June 2015	Executive Officer, Ajinomoto Co., Inc.
June 2016	Managing Executive Officer, Ajinomoto Co., Inc. President, Ajinomoto Co., (Thailand) Ltd.
June 2019	Senior Managing Executive Officer, Ajinomoto Co., Inc.
June 2020	External Director, J-OIL MILLS, Inc.
April 2021	General Manager, Global Corporate Division, General Manager, Corporate Services Division, Ajinomoto Co., Inc.
June 2021	Director, Ajinomoto Co., Inc.
June 2022	Chairman of the Board of Directors, THE AJINOMOTO FOUNDATION (current position)
June 2023	Chairman, The Umami Manufacturers Association of Japan (current position)
September 2023	External Director, The Monogatari Corporation (current position)
June 2024	External Director, JSP Corporation (current position)
September 2025	External Director, the Company (current position)

April 1981	Joined The Sumitomo Bank, Ltd. (currently Sumitomo Mitsui Banking Corporation)
April 2008	Principal Examiner, Audit Dept., Sumitomo Mitsui Banking Corporation
September 2010	Advisor, the Company
September 2010	Standing Auditor, the Company (current position)

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April 1997	Joined FANUC CORPORATION
April 2002	Registered as attorney-at-law
April 2002	Joined IP Firm SHUWA
April 2012	Director, Shuwa Chizai Inc. (currently IA BeaconInc.)
October 2020	President, Senior Partner, Patent Corporation IP Firm SHUWA (current position)
March 2023	COO, IA Beacon Inc. (current position)
September 2023	External Auditor, the Company (current position)
April 2024	Vice Presidents, Japan Patent Attorneys Association

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April 1991	Joined The Dai-Ichi Kangyo Bank, Ltd. (currently Mizuho Bank, Ltd.)
September 1995	Joined the Adachi Mitsuzo Certified Public　Accountant Office (currently Shin-Ei CertifiedPublic Tax Accountant Office)
August 2001	Joined the Toma Certified Public Accountant Office　(currently TOMA Certified Public Tax Accountants　Corporation)
February 2005	Joined TACT Consulting (current position)
March 2005	Registered as a certified public tax accountant
September 2023	External Auditor, the Company (current position)

Name	Management Experience	Industry Insight	International Experience	Sales & Marketing	Product Development and Production	Finance and Accounting	Legal	DX & IT	Sustainability
Chairman & Director Akira Miyamoto	○	○			○				○
Representative Director, President Miyoko Kimura	○			○	○				○
Director and Senior Managing Executive Officer Naomichi Hagita	○	○		○					○
Director and Senior Managing Executive Officer Shinichi Harada	○		○			○			○
Director and Managing Executive Officer Takanobu Kameda	○	○			○				○
External Director Keiko Kakiuchi							○
External Director Mizuho Iwaki						○	○
External Director Ikumi Hiraki				○
External Director Kaoru Kurashima	○		○	○					○
Standing Auditor Kazuto Shimizu			○			○	○
External Auditor Katsuhiko Imabori	○						○
External Auditor Yoko Hayashi						○
Senior Executive Officer Takuto Inoue	○		○
Senior Executive Officer Yusuke Kojima								○	○
Senior Executive Officer Sotaro Takahashi					○				○

Note: The above table lists up to four of the skills, experience, knowledge, etc., possessed by each Director, etc. and is not an exhaustive list. The Company has approved the policy on determination of individual remuneration, etc. of Directors by resolution of the Board of Directors. To ensure the objectivity and transparency of the determination process for remuneration of Directors and Auditors, the Company has established a Nomination and Compensation Committee, chaired by External Director Keiko Kakiuchi. The committee has six members, three of whom are External Directors and three of whom are Internal Directors. When passing the aforementioned Board of Directors’ resolution, the Board of Directors consulted with the Nomination and Compensation Committee in advance on the matters to be resolved and received a response.

An overview of the determination policy is as follows.

The remuneration of Directors (excluding External Directors) comprises base remuneration, which is fixed remuneration; bonuses, which are performance-linked remuneration; and stock remuneration. In light of their roles, External Directors and Auditors receive only base remuneration (fixed remuneration).

Base remuneration (fixed remuneration) is determined within the range set for each post of the Directors, considering the business environment and social trends.

For bonuses, which are performance-linked remuneration, ROE has been adopted as a performance indicator to calculate the bonuses. ROE was chosen to provide further incentives for Directors to contribute to increasing corporate value and raising the stock price over the medium and long terms from the same perspective as shareholders. The amount of bonus for each Director (excluding External Directors) is determined by reflecting an amount calculated by multiplying the base remuneration by a coefficient set according to ROE in each relevant year, while taking into consideration the results of Directors’ mutual evaluation conducted at the fiscal year-end. The amount of bonus for each Director is then ultimately determined based on the President & CEO’s evaluation.

Stock remuneration, which is a type of non-monetary remuneration, is paid as restricted stock to Directors (excluding External Directors) at a certain time every year, in order to raise their awareness of the importance of increasing corporate value over the medium and long terms. The payment amount, which is the basis for calculating the number of restricted shares to be allotted, will be within the scope of the remuneration limit (¥40,000 thousand per year) approved by the General Meeting of Shareholders, and will be based on an amount determined by the new monthly remuneration of each eligible recipient approved by the Board of Directors after the General Meeting of Shareholders every year, multiplied by a coefficient for each post of officer.

Individual remuneration fluctuates based on business performance, and is composed of 70% base remuneration, 20% performance-linked remuneration, and 10% non-monetary remuneration.

Based on the above, deliberations are held in the Nomination and Compensation Committee, and the total amount of base remuneration and bonuses is submitted for approval to the Board of Directors meeting held in September. Furthermore, by resolution of the Board of Directors, the Company has entrusted the Nomination and Compensation Committee with determining the amount of base remuneration and bonuses for each Director from the standpoint of ensuring the objectivity and transparency of the determination process. The Nomination and Compensation Committee appropriately makes the determination based on its deliberations. The specific payment date, payment amount, and other aspects of restricted stock remuneration is determined in the Board of Directors meeting held every October. In addition, by resolution of the Board of Directors, the Company has entrusted Representative Director, President & CEO & In Charge of R&D Division Miyoko Kimura with determining the specific allocation of restricted stock remuneration to the eligible recipients. The Company has entrusted this authority based on the belief that it would be appropriate for the President & CEO, who oversees the Company’s business execution, to determine the allocation, given that this remuneration is designed to provide incentive over the medium and long terms. The President & CEO determines the specific allocation to each eligible recipient appropriately in accordance with the Regulations on Restricted Stock Remuneration.

Furthermore, the Board of Directors has confirmed that the method of determining the details of remuneration, etc. and the approved remuneration, etc. for the individual remuneration of Directors in each fiscal year is consistent with the policy for determining remuneration approved by the Board of Directors, and that the responses from the Nomination and Compensation Committee are respected and are consistent with its policy on determining remuneration.

The 70th Annual General Meeting of Shareholders held on September 19, 2018 passed a resolution to approve remuneration for Directors in the amount of ¥300 million or less per year (of which, remuneration for External Directors is limited to ¥30 million per year; however, the employee portion of remuneration for those concurrently serving as employees and Directors is not included). When the resolution was approved, the number of Directors eligible for such remuneration was 10, including 2 External Directors.

Separately from the remuneration described above, the 72nd Annual General Meeting of Shareholders held on September 17, 2020 approved the introduction of a restricted stock remuneration plan for Directors (excluding External Directors), for the purpose of granting incentives to encourage sustained growth in the Company’s corporate value and sharing even more value with shareholders. It has been resolved that the total amount of remuneration shall be limited to ¥40 million per year, and the total number of the Company’s common shares that may be issued or disposed of through this plan is up to 70,000 shares per year. When the resolution was approved, the number of Directors (excluding External Directors) eligible for the plan was 4.

The upper limit for remuneration of Auditors was set at ¥40 million per year by resolution of the 70th Annual General Meeting of Shareholders held on September 19, 2018. When the resolution was approved, the number of Auditors eligible for such remuneration was 4, including 3 External Auditors.

Type of Officer	Total Amount of Remuneration (Thousands of yen)	Base remuneration (Thousands of yen)	Performance-linked remuneration (Thousands of yen)	Non-monetary emuneration (Thousands of yen)	Number of eligible officers (people)
Directors (excluding External Directors)	164,242	132,360	8,297	23,585	6
Auditors (excluding External Auditors)	17,910	17,910	-	-	1
External Directors and Auditors	33,660	33,660	-	-	7

Note: ROE of △1.3% was used as the performance indicator for the previous fiscal year to calculate the amount of performance-linked remuneration.