GovernanceDirectors

YAMAMOTO Ryoichi

HAMADA Kazuko

YAGO Natsunosuke

HAKODA Junya

UCHIDA Akira

SATO Rieko

SEKI Tadayuki

KOIDE Hiroko

Outside Director
Number of the Companyʼs shares held: 2,208

Outside Director
Number of the Companyʼs shares held: None

Outside Director
Number of the Companyʼs shares held: 3,118
Number of other shares as stock-based remuneration not yet granted: 1,933

Outside Director
Number of the Companyʼs shares held: 1,777
Number of other shares as stock-based remuneration not yet granted：3,866

Outside Director
Number of the Companyʼs shares held: 984

Outside Director
Number of the Companyʼs shares held: None

Number of the Companyʼs shares held: 95,667

Number of the Companyʼs shares held: None

Chairperson of Board of Directors
Nomination Committee Member
Remuneration Committee Member

Audit Committee Member

Chairperson of Nomination Committee
Remuneration Committee Member

Chairperson of Audit Committee

Chairperson of Remuneration Committee
Nomination Committee Member

Audit Committee Member

Audit Committee Member

Nomination Committee Member
Remuneration Committee Member

Apr 1973 Joined The Daimaru, Inc.
May 2003 President and COO and General Manager ofDepartment Store Operations of Group Headquartersof the same company
Sep 2007 Director and in charge of Sales Reform and Out-ofStore Sales Reform of J. Front Retailing Co., Ltd.
Executive General Manager of Department StoreOperations Headquarters and Executive General
Manager of Planning Office for New Umeda Store of
Head Office of The Daimaru, Inc.
Director of Matsuzakaya Co., Ltd.
Mar 2008 Executive General Manager of Sales Headquarters of
Head Office of The Daimaru, Inc.
Mar 2010 President and Representative Director of Daimaru
Matsuzakaya Department Stores Co. Ltd.
Sep 2012 President and Representative Director of the same
company and President and Representative Director of
Daimaru Matsuzakaya Sales Associates Co. Ltd.
Apr 2013 President and Representative Director of J. Front
Retailing Co., Ltd.
May 2017 Director, President and Representative Executive Officerof the same company
May 2020 Director and Chairperson of Board of Directors of thesame company (present)

Apr 1985
Sep 2000【Reasons for appointment】He has been involved in top-level company
management for many years and he has abundant experience in strengthening
financial bases and in compliance management as well as highly specialized
knowledge of internal control and corporate governance. Accordingly, theCompany expects him to apply them to the management of the Group.

【Reasons for appointment】He was involved in accounting audits,management consulting, and internal audits of auditing firms, etc.
for many years and therefore has a high level of expertise in corporate
governance and management auditing as well as corporate auditing.
Accordingly, the Company expects him to apply them to the appropriate
supervision of the management of the Group.

【Reasons for appointment】He has broad experience as the person responsible formanagement planning, IR and finance and accounting divisions. In addition, he possesses
a high level of expertise in the fields of corporate governance and ESG management andthe Company expects him to apply them to the management of the Group.

【Reasons for appointment】She has abundant experience as an outside
director and outside audit & supervisory board member at other companies,in addition to having made a career in handling many cases with in-depth andspecialized knowledge as an attorney at law specializing in corporate legal affairs
and the Company expects her to apply them to the management of the Group.

【Reasons for appointment】He was involved in international business management
and risk management at a general trading company for many years, and as CFO, he hasboth abundant experience and highly specialized knowledge in relation to finance andaccounting. He also has wide-ranging insights derived from roles as Outside Directorand Audit & Supervisory Board Member at multiple companies, including Parco Co.,
Ltd. and the Company expects him to apply them to the management of the Group.

【Reasons for appointment】She served as an officer at foreign companies formany years, also engaged in corporate management as the head of marketingat the head office of a U.S. company, and therefore has abundant experiencein global management and knowledge based on her extensive experience inthe marketing field. She also has wide-ranging insight as an outside directorof multiple listed companies. Accordingly, the Company expects her to apply
them to the appropriate supervision of the management of the Group.

Mar 2002
Mar 2005
Mar 2007
Mar 2010
Mar 2013
Mar 2015
May 2020
May 2021

Joined Parco Co., Ltd.
General Manager of Marketing Department of SalesManagement Division of the same company
Deputy General Manager of Kichijoji PARCO of thesame company
General Manager of Kichijoji PARCO of the same
company
General Manager of Shintokorozawa PARCO of thesame company
Executive Officer (Personnel) of the same company
Executive Officer (Administration and Personnel) of thesame company
Executive Officer (Group Audit Office) of the same
company
Auditor of the same company (present)
Director of J. Front Retailing Co., Ltd. (present)

Apr 1977
Jun 2002
Apr 2004

Jun 2004
Apr 2005
Jun 2005
Apr 2006
Apr 2007
May 2007
Jul 2009

Governance▶Management

Apr 2013
Oct 2017

Management

Mar 2019（as of May 28, 2021）

Jun 2019
May 2020
May 2021

Joined Ebara Corporation
Executive Officer of the same company
Senior Executive Officer and Group Executive of Precision
Machinery Group of the same company, Representative
Director and Chairman of Ebara Precision Machinery
Europe GmbH, Representative Director and Chairman of
Ebara Technologies Inc. and Chairman of Ebara Precision
Machinery Shanghai Inc.
Director of Ebara Corporation
Director of the same company and Chairman of Ebara
Precision Machinery Taiwan Inc.
Director of Ebara Corporation, President of Precision Machinery
Company and General Manager of Fujisawa Operation
Director and Managing Executive Officer of Ebara Corporation
President of Precision Machinery Company
President and Representative Director of Ebara Corporation
President and Representative Director and General
Manager of Internal Control Promotion Department of thesame company
President and Representative Director and General Manager
of Internal Control Department of the same company
Chairman and Director of the same company
Representative Director of The Ebara Hatakeyama
Memorial Foundation (present)
Retired from the office of Chairman and Director of
Ebara Corporation
Outside Director of Subaru Corporation (present)
Outside Director of J. Front Retailing Co., Ltd. (present)
Director of Parco Co., Ltd. (present)

Apr 1974
Nov 1980
Apr 1984
Apr 2000
Aug 2006
Apr 2008
Sep 2009
Sep 2010
Dec 2014
Mar 2015
Jun 2015
Jun 2015
Jun 2017
Sep 2019
Aug 2020
May 2021

Joined Mitsubishi Rayon Co., Ltd. (present Mitsubishi
Chemical Corporation)
Joined Pricewaterhouse CPA Office (Reorganized as
Aoyama Audit Corporation in June 1983)
Registered as certified public accountant
Partner of ChuoAoyama Audit Corporation/PricewaterhouseCoopers
Representative of Arata Audit Corporation/Partner ofPricewaterhouseCoopers
Eminent Professor of Graduate School of Keio
University (internal audit theory)
Member of the Agreement Monitoring Committee of
the Japan External Trade Organization
Director of Japan Internal Control Research Association
Outside Corporate Auditor of Schroder Investment
Management (Japan) Limited (present)
Director of Institute of Corporate Governance, Japan(present)
Outside Corporate Auditor of Yamaha Corporation
Outside Director of Aeon Financial Service Co., Ltd.
Outside Director and Chairperson of the Audit
Committee of Yamaha Corporation
Member of the Ethics Committee of the JapaneseInstitute of Certified Public Accountants (present)
Vice Chairperson of the Committee on Training andResearch for Outside Officers (present)
Outside Director of J. Front Retailing Co., Ltd. (present)

Directors

Apr 1975
Jun 1996

Joined Toray Industries, Inc.
Executive Vice President of Toray Industries (America),Inc.
Jun 2000 General Manager on Special Assignment of Corporate
Strategic Planning Division 1, General Manager on
Special Assignment of Corporate Communications
Department of Toray Industries, Inc.
Jun 2004 Counsellor of Corporate Strategic Planning Division
and Counsellor of Investor Relations Department of thesame company
Jun 2005 Member of the Board, General Manager of Financeand Controllerʼs Division of the same company
President of Toray Holding (USA), Inc.
Jun 2009 Senior Vice President (Member of the Board), General
Manager of Finance and Controllerʼs Division of Toray
Industries, Inc.
President of Toray Holding (USA), Inc.
Jun 2012 Senior Vice President (Member of the Board) in chargeof CSR; General Manager of General Administrationand Legal Division, Investor Relations Department,
Corporate Communications Department andAdvertising Department; and General Manager ofTokyo Head Office of Toray Industries, Inc.
Jun 2016 Adviser of the same company
Mar 2019 Retired from the office of Adviser of the same company
May 2019 Outside Director of J. Front Retailing Co., Ltd. (present)
Jun 2019 Outside Director of Yokogawa Electric Corporation(present)
May 2020 Director of Daimaru Matsuzakaya Department Stores
Co. Ltd. (present)

YOSHIMOTO Tatsuya

SAWADA Taro

MAKIYAMA Kozo

WAKABAYASHI Hayato

Number of the Companyʼs shares held: 75,004

Number of the Companyʼs shares held: 20,114

Number of the Companyʼs shares held: 26,844

Number of the Companyʼs shares held: 12,165

President and Representative Executive Officer

Senior Managing Executive Officer

Senior Managing Executive Officer

Managing Executive Officer

Apr 1979 Joined The Daimaru, Inc.
Mar 2000 Senior Manager of Preparatory Office for Opening
Sapporo Store of Planning Office for Sapporo Store of
Head Office of the same company
Jan 2008 General Manager of Tokyo Store of the same company
May 2008 Corporate Officer and General Manager of Tokyo Storeof the same company
Jan 2010 Corporate Officer, General Manager of Sales Planning
Promotion Division and General Manager of Marketing
Planning Promotion Division of Department Stores
Coordination Division of J. Front Retailing Co., Ltd.
Mar 2010 Corporate Officer and Senior General Manager
of Management Planning Division of Daimaru
Matsuzakaya Department Stores Co. Ltd.
May 2012 Director and Corporate Officer of the same company
Apr 2013 President and Representative Director of the same
company and President and Representative Director of
Daimaru Matsuzakaya Sales Associates Co. Ltd.
May 2013 Director of J. Front Retailing Co., Ltd.
May 2017 Representative Managing Executive Officer of the same
company
May 2020 President and Representative Executive Officer of thesame company (present)

Apr 1983
Jun 2004

Apr 1981 Joined Parco Co., Ltd.
Mar 2004 Executive Officer and Executive General Manager ofStore Operation Division of the same company
Mar 2007 Managing Executive Officer and Executive General
Manager of Store Management Division of the same
company
Mar 2008 Senior Executive Officer, Senior Executive General
Manager of Store Operation Headquarters andExecutive General Manager of Store Management
Division of the same company
May 2008 Director and Senior Executive Officer of the same
company
Mar 2009 Supervisor of Store Operation Division of the same
company
Mar 2010 In charge of Store Management of the same company
Mar 2011 In charge of Business Management of the same
company
May 2011 Director, President and Representative Executive Officerof the same company
May 2013 Director of J. Front Retailing Co., Ltd. (present)
May 2017 Managing Executive Officer of the same the company
May 2020 Senior Managing Executive Officer of the same
company (present)
Representative Director, President and Executive Officer
of Parco Co., Ltd. (present)

Apr 1985

Mar 2010
Jan 2011
May 2011
May 2012
Sep 2015
Jul 2016
Mar 2017
May 2017
May 2018

Mar 2019
May 2020

76

Registered as attorney at law
Shearman & Sterling LLP
Partner of Ishii Law Office (present)
External Audit & Supervisory Board Member of
Ajinomoto Co., Inc.
Jun 2012 Outside Corporate Auditor of NTT Data Corporation
Jun 2015 Outside Director of The Dai-ichi Life Insurance
Company, Limited
Oct 2016 Outside Director of Dai-ichi Life Holdings, Inc. (Audit &Supervisory Committee Member) (present)
May 2018 Outside Director of J. Front Retailing Co., Ltd. (present)
May 2019 Director of Daimaru Matsuzakaya Department Stores
Co. Ltd. (present)
Jun 2020 Outside Director of NTT Data Corporation (Audit andSupervisory Committee member) (present)
Outside Audit & Supervisory Board Member of
Mitsubishi Corporation (present)

Apr 1973
Jun 1998

Joined Itochu Corporation
General Manager of Finance Division of Itochu
International Inc. (Stationed in New York)Jun 2004 Executive Officer and CFO of Food Company of Itochu
Corporation
Apr 2007 Managing Executive Officer and General Manager ofFinance Division of the same company
Jun 2009 Representative Director, Managing Director, Chief
Officer for Finance, Accounting, Risk Management and
CFO of the same company
Apr 2010 Representative Director and Senior Managing Executive
Officer of the same company
May 2011 Representative Director, Senior Managing Executive
Officer and CFO of the same company
Apr 2013 Representative Director, Executive Vice President and
CFO of the same company
Apr 2014 Representative Director, Executive Vice President,
Executive Advisory Officer, CFO and CAO of the same
company
Apr 2015 Adviser of the same company
May 2016 External Director of Parco Co., Ltd.
Jun 2016 Outside Director of Nippon Valqua Industries, Ltd.
(present Valqua, Ltd.) (present)
Apr 2017 Advisory Member of Itochu Corporation (present)
Jun 2017 Outside Director of JSR Corporation (present)
Jul 2017 Outside Statutory Auditor of Asahi Mutual Life Insurance
Company (present)
May 2020 Outside Director of J. Front Retailing Co., Ltd. (present)
Director of Parco Co., Ltd. (present)

Sep 1986

Joined J. Walter Thompson Japan K.K. (present J.
Walter Thompson Japan G.K.)
May 1993 Joined Nippon Lever K.K. (present Unilever Japan K.K.)
Apr 2001 Director of the same company
Apr 2006 General Manager of Marketing Management Divisionof Masterfoods Ltd. (present Mars Japan Limited)Apr 2008 Chief Operating Officer of the same company
Nov 2010 President and Representative Director of Parfums
Christian Dior Japon K.K.
Jan 2013 Outside Director of Kirin Co., Ltd.
Apr 2013 Senior Vice President of Global Marketing of Newell
Rubbermaid Inc. (U.S.) (present Newell Brands Inc.)Jun 2016 Outside Director of Mitsubishi Electric Corporation(present)
Apr 2018 Director of Vicela Japan Co., Ltd.
Jun 2019 Outside Director of Honda Motor Co., Ltd. (present)
Outside Director of J-Oil Mills, Inc. (present)
May 2021 Outside Director of J. Front Retailing Co., Ltd. (present)

Executive Officers
YOSHIMOTO Tatsuya

SAWADA Taro

MAKIYAMA Kozo

WAKABAYASHI Hayato

HIRANO Hidekazu

MATSUDA Hirokazu

NAKAYAMA Takashi

IMAZU Takahiro

IWATA Yoshimi

ONO Keiichi

NINOBE Mamoru

KONDO Yasuhiko

President and Representative Executive
Officer*The numbers of the Companyʼs shares held byDirectors are as of February 28, 2021.

Apr 1984
Aug 1989
Jul 1998
Jun 2004

Joined The Daimaru, Inc.
Department Manager of Sales Promotion Departmentof Sales Planning & CS Promotion Division of KobeStore of the same company
Division Manager of Management Planning Division of
Daimaru Matsuzakaya Department Stores Co. Ltd.
Executive Store Manager of Daimaru Kobe of the same company
Corporate Officer of the same company
Executive Store Manager of Daimaru Osaka
Shinsaibashi of the same company
Executive Store Manager of Daimaru Osaka Shinsaibashi
and Executive General Manager of Shinsaibashi New
Store Planning Office of the same company
Executive General Manager of Management Planning
Unit of the same company
Executive General Manager of Management Planning Unit and Executive
General Manager of Future Standard Laboratory of the same company
Director and Managing Executive Officer of the same company
Director and Managing Executive Officer, Senior Executive
General Manager of Management Strategy Unit and in
charge of Risk Management of J. Front Retailing Co., Ltd.
Director of Daimaru Matsuzakaya Department Stores Co. Ltd.
Director of Parco Co., Ltd.
Senior General Manager of New Business Division of J. Front RetailingCo., Ltd.
Director and Senior Managing Executive Officer of thesame company (present)
President and Representative Director of Daimaru
Matsuzakaya Department Stores Co. Ltd. (present)
President and Representative Director of Daimaru
Matsuzakaya Sales Associates Co. Ltd. (present)

Apr 1998
Apr 2007
Feb 2009
Jul 2013
May 2015
Sep 2015
Mar 2016
May 2016
Mar 2017
May 2017
May 2018
May 2020

Joined Matsushita Electric Industrial Co., Ltd. (present
Panasonic Corporation)
President of Panasonic Financial Center Malaysia Co.,Ltd.
Director and Chief Executive Officer of Matsushita
Electric (China) Finance Limited
Finance Planning Team Leader (Manager) of
Headquarters Finance & IR Group of Panasonic
Corporation
General Manager of Finance & IR Group of Corporate
Strategy Division and Finance Planning Team Leader(Director) of the same company
Joined J. Front Retailing Co., Ltd.
In charge of Finance Policy of Administration Unit of
the same company
Executive Officer and in charge of Financial Strategy
and Policy of Administration Unit of the same company
Senior Executive General Manager of Financial Strategy
Unit (present) and in charge of Finance Policy of thesame company
Director of the same company (present)
In charge of Financing and Finance Policy of the same
company
Managing Executive Officer of the same company(present)
Senior General Manager of Financing and Finance
Policy Division of the same company
Director of Parco Co., Ltd. (present)

Managing Executive Officer
Senior Executive General Manager ofManagement Strategy Unit and in chargeof Risk Management
Director of Daimaru Matsuzakaya Department
Stores Co. Ltd.

Executive Officer
Senior General Manager of Accounting andTax Affairs Division of Financial Strategy
Unit

Senior Managing Executive Officer
President and Representative Director of Daimaru
Matsuzakaya Department Stores Co. Ltd.
President and Representative Director of Daimaru
Matsuzakaya Sales Associates Co. Ltd.

Managing Executive Officer
Senior Executive General Manager of Human
Resources Strategy Unit and Administration
Unit and in charge of Compliance

Executive Officer
Senior General Manager of Structural
Reform Promotion Division of Financial
Strategy Unit

Senior Managing Executive Officer
Representative Director, President andExecutive Officer of Parco Co., Ltd.

Managing Executive Officer
Senior Executive General Manager ofGroup Digital Strategy Unit

Executive Officer
President and Representative Director of
JFR Card Co., Ltd.

Managing Executive Officer
Senior Executive General Manager ofFinancial Strategy Unit
Director of Parco Co., Ltd.

Executive Officer
Senior General Manager of Management
Planning Division and Group Communications
Division of Management Strategy Unit

Executive Officer
President and Representative Director of J.
Front Design & Construction Co., Ltd.

Integrated Report 2021

77