April 12, 2024
To Whom It May Concern
Company Name:
Representative:

Listing:
Securities Code:Inquiries:

Telephone:

YONDOSHI HOLDINGS INC.
Hidetoshi Masuda
President and Representative
Director
Prime Market, Tokyo Stock Exchange
8008
Masahiko NishimuraManaging Director and Managing
Executive Officer responsible forOperations+81-3-5719-3295

Notice of Planned Changes in Directors at the Company and Major Subsidiaries
YONDOSHI HOLDINGS INC. (hereinafter, “YONDOSHI HOLDINGS” or “the Company”) made apreliminary decision to make certain changes in its directors at a meeting of its Board of Directors
held on April 12, 2024. This decision is subject to the approval of an agenda item proposing theelection of directors submitted during the Company’s 74th Annual General Meeting of Shareholders,which is scheduled to be held on May 30, 2024. Plans are also in place to change directors at major
subsidiaries. Brief details are presented as follows.
1. Change in Directors (Excluding Directors and Audit/Supervisory Board Members)(1) Candidates for New Appointment
New Position

Current Position

NameDirector and Executive Officer
responsible for AS’TY

Executive Officer responsible forAS’TYHiroshi Arai

Outside Director

Outside Director andAudit/Supervisory Board Member

Naoki Kodama

Note:
Mr. Arai serves concurrently as President and Representative Director at AS’TY Inc.
(2) Officers Scheduled to Retire
Current PositionNameDirector

Saishi Kimura

Outside Director

Mitsutaka Sato

Notes:
1． Both Mr. Kimura and Mr. Sato are expected to resign as directors at the conclusion of theCompany’s Annual General Meeting of Shareholders, which is scheduled to be held on May
30, 2024.
12． Mr. Kimura serves concurrently as Director at AS’TY Inc. and age Co., Ltd., but he is expectedto resign from both companies due to the expiry of his term of office on May 7, 2024.

2. Directors and Audit/Supervisory Board Members(1) Candidate for New Appointment
New Position

Current Position

Name

Outside Director andAudit/Supervisory Board Member―Hiroshi Kawazoe

Notes:
1． Mr. Kawazoe is a candidate for outside director; independent director to be reported to Tokyo
Stock Exchange, Inc.; and member of the independent committee regarding defensive measuresagainst hostile takeovers.
2． Mr. Kawazoe holds qualifications as a certified public tax accountant and possesses aconsiderable degree of knowledge regarding finance and accounting.
(2) Officers Scheduled to Retire
Current Position

Name

Outside Director andAudit/Supervisory Board Member

Toyomasa Akiyama

Outside Director andAudit/Supervisory Board Member

Naoki Kodama

Note:
1. Both Mr. Akiyama and Mr. Kodama are expected to resign as outside directors andAudit/Supervisory Board members at the conclusion of the Company’s Annual General Meetingof Shareholders, which is scheduled to be held on May 30, 2024.
2. Mr. Akiyama serves concurrently as an auditor at F.D.C. Products Inc., but he is expected toresign from the company due to the expiry of his term of office on May 10, 2024.
(3) Candidate for Director and Substitute Audit/Supervisory Board Member
NameAttorney

Seisui Kamigaki

3. Change in Directors at Company Subsidiaries(1) Director Scheduled to Change at AS’TY Inc.
New Position

Current Position

Name

Managing Director and Managing
Executive Officer, Director ofProduction Planning Department 1

Director and Executive Officer,
Director of Production Planning
Department 1

Yasuhiro Miyoshi

Note:
Mr. Miyoshi is expected to be appointed Managing Director and Managing Executive Officer via2approval at the meeting of the Board of Directors of AS’TY Inc. scheduled to be held on May 7,
2024.

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