[Translation]

May 15, 2024
To whom it may concern:
Company name:

Wacoal Holdings Corp.

Representative name: Masaaki Yajima,
Representative Director, President, andCEO(Code No. 3591 TSE Prime Market)
Contact:

Katsuya Hirooka,
Corporate Officer, Head of Corporate
Planning Dept.
(Tel: +81-75-682-1010)

Announcement of Change of Directors
We hereby announce that the Board of Directors of Wacoal Holdings Corp. resolved at a meeting
held on May 15, 2024, to change the Director of Wacoal Holdings Corp. Such decision of Wacoal HoldingsCorp. will become official subject to the reelection of Directors at the 76th Ordinary General Meeting ofShareholders to be held on June 25, 2024, and the resolution by the meeting of board of directors to be heldthereafter.
Details1.

Director(1)

New Appointment (to be appointed at the Meeting to be held on June 25, 2024)
Name
New Title
Current Title
Director, Corporate Officer andRepresentative Director, President and
Keisuke Kawanishi
Representative Director, President
CEO of Wacoal Corp.
and CEO of Wacoal Corp.
Tetsuro HaradaDirector (external director)

Appointment from outside Wacoal(please refer to the Attachment)*Mr. Tetsuro Harada is a candidate for External Director and Independent Officer.
(2)

Resignation (to retire at the Meeting to be held on June 25, 2024)
Name
New Title

Shigeru Saito―Current Title

Director (external director)

2.

Status of officers effective as of the date of Meeting to be held in June 2024

(1) Directors
Name

As of the date of Meeting
Representative Director,President and CEO (Group CEO)
Representative Director,
Vice President and Executive Officerand CFO
Director, Corporate Officer andRepresentative Director, President andCEO of Wacoal Corp.
(newly appointed)

Masaaki YajimaAkira Miyagi

Keisuke Kawanishi
Tsunehiko Iwai

Director (external director)

Chizuru Yamauchi

Director (external director)

Hisae Sato

Director (external director)

Koji Nitto

Director (external director)

Tetsuro HaradaDirector (external director)(newly appointed)(2)

Audit & Supervisory Board Members
Name

As of the date of Meeting

Shinichi Kitagawa

Audit & Supervisory Board Member

Katsuhiro Okamoto

Audit & Supervisory Board Member
Audit & Supervisory Board Member(external auditor)
Audit & Supervisory Board Member(external auditor)
Audit & Supervisory Board Member(external auditor)

Mitsuhiro Hamamoto
Hitoshi Suzuki
Motoko Tanaka
3.

Skills Matrix for Directors and Auditors & Supervisory Board Members
Knowledge and Experience expected by the Company( * )Name●Male●Female

Independence(for external
officer only)

Company
Management

Legal/(Experience

Complianceand Insight)

Investment/
Financial/
Capital Market

Finance/
Accounting

Sustainability
Diversity &Inclusion

HumanResource/

GlobalOrganizational

Awareness

Development

Masaaki Yajima●●

Akira Miyagi●●

Keisuke Kawanishi●

Tsunehiko Iwai●●●

Chizuru Yamauchi

●

●

●

Hisae Sato●

●

●

●

Koji Nitto●

●

●

●

●

Tetsuro Harada

●

●

●

●

●

●

●

●

●

●

Shinichi Kitagawa●●

Katsuhiro Okamoto●●

Mitsuhiro Hamamoto●●

Hitoshi Suzuki●●

Motoko Tanaka

●

●

●

●

●

●

Production
QualityControl

●

●

●

●

●

●

●
●
●

●
●

●
●

●

Marketingmation●●

Technology/DigitalTransfor

●

●
●

●
●

●

*The above list does not cover the entire knowledge and experience of the candidates.
- End –

【Attachment】
Mr. Tetsuro Harada
Candidate for New External Director and Independent Officer

1. Reason for Appointment
In the Company, External Directors play a role in ensuring that the Board of Directors makes the rightdecisions through objective and neutral advice and other means based on the experience they've gained frompast careers and specialized knowledge.
After a diverse career that began with his enlistment in the Japan Maritime Self-Defense Force, Tetsuro
Harada joined his current company, which was established with the aim of “fostering new business andindustries,” shortly after its founding. He has worked extensively on strategic consulting, management
development, and venture investment development for major corporations in various industries. Since 2006,he has served as an executive officer in charge of the Corporate Division, overseeing overall business
management and human resources while contributing to improving management soundness and transparency.
In 2020, he assumed the position of CEO, succeeding the founder. Against a backdrop of numerous
challenges, he promoted structural reforms, including a review of the governance system and businessportfolio. Currently, as Chair of the Board of Directors, he is supporting succession planning for continued
growth.
We believe his extensive experience as a consultant and the various insights he has derived based on theexperience will contribute valuably to the formulation and execution of our management strategy.
Furthermore, we expect his experience in implementing structural reforms in a short period of time as a toplevel management executive will be utilized to improve our corporate value and contribute to strengthening
the supervisory function of the Board of Directors. Based on these considerations, Tetsuro Harada has been
selected as a candidate for the position of External Director.
2. Career Summary
Date of Birth September 22, 1965
April 1981
Joined Japan Maritime Self-Defense Force
April 1990
Joined Nippon Life Insurance Company
May 1996
Completed master's degree University of California, Berkeley (MBA)October 2000 Joined Dream Incubator Inc.
January 2003 Project Manager, Dream Incubator Inc.
June 2006
Executive Officer, Dream Incubator Inc. (in charge of Corporate Division)
June 2018
Director, Dream Incubator Inc. (in charge of Corporate Division and ipet Insurance Co.,Ltd.)
June 2020
Representative Director, President and CEO, Dream Incubator Inc.
June 2023
Director, Chairman of the Board, Dream Incubator Inc. (Current position)