March 29, 2024

Notice Concerning Changes in Directors, Executive Officers, and Organization

UNITED ARROWS LTD. (the Company) hereby announces that the Board of Directors meeting held on
March 29, 2024 resolved to revise its corporate management framework and decided to implement thefollowing framework of Directors and Executive Officers, effective April 1, 2024. Simultaneously, theCompany has decided on organizational reform. Current titles are listed only where changes have beenmade.

1. Director Framework
New Title

Name

Representative Director, President,CEOYoshinori Matsuzaki

Director, Executive Vice President

Ta t s u y a K i m u r aDirector, Executive Managing Officer,CFO

Ta k e o N a k a za waDirector, Executive Managing Officer

Kazuyasu Tanaka

Outside Director, Audit andSupervisory Committee Member

Yukari Sakai

Outside Director, Audit andSupervisory Committee Member

Yusaku Kurahashi

Outside Director, Audit andSupervisory Committee Member

S h i h o Ta k a n oCurrent Title

Director, Executive Vice
President, COO

Director, Executive ManagingOfficer, CMO

2. Executive Officer Framework
New Title

Name

Current Title

Executive Officer, CCO (*1)

Shinya Matsumoto

Executive Officer, CIO (*2)
General Manager, IT Solution Div.

Yuji Suzumura

Executive Officer, CSO (*3)
General Manager, Corporate StrategyDiv.

SatoshiExecutive Officer, CHRO (*4)
General Manager, Human Resources
Div.

Mariko Yamasaki

Executive Officer, General Manager,
Supply Chain Management Div. andManager, UA3.0 B.P.R. Office

Naoki Tanigawa

Tan

General Manager, Supply
Chain Management Div. andManager, UA3.0 B.P.R. Office(*) Yoshiaki Fujihara will resign Executive Officer, CDO as of March 31, 2024.
(*1) CCO: Chief Creative Officer(*2) CIO: Chief Information Officer(*3) CSO: Chief Sustainability Officer(*4) CHRO: Chief Human Resources Officer

3. Organizational Change
In April 2022, we conducted a large-scale reorganization from the previous business headquarters and,for the two years since, we have been operating our organization under functional headquarters. Whilecontinuing to take advantage of the expertise and efficiency of each function, which have been improvedby this organization per function, we will now transition back to business headquarters to further
strengthen the cooperation between the merchandising, sales, and PR departments of each business inorder to maximize customer satisfaction and achieve our medium-term management plan.
In the fiscal year ending March 2025, which is the second year of the medium-term management plan,we will put new initiatives into action under the slogan "Realize New Value Provision." For our UA MULTI
Strategy, which is one of our three major strategies, we will establish the Lifestyle Department within ourDevelopment Division for the purpose of promoting business in the non-apparel sector and lifestyle area.
As of April 1, 2024, the ratio of female managers, at the level of section manager and above, is 26.6%.

MD Platform Dept.

Development Div.

Corporate Business Dept.
Lifestyle Dept.

Supply Chain Management Div.
E-commerce Development Dept.

Product Support Dept.
IT Solution Div.

Quality Control Dept.

IT Service Platform Dept.
IT Business Solution Dept.

Corporate Planning Dept.
Sustainability Dept.

Finance and Accounting Dept.
Corporate Strategy Div.

Investor Relations Dept.

Administration Div.

Budget Control Dept.
General Affairs and Legal Dept.

Store Development Dept.

Risk Management and Compliance Dept.
Human Resources Development Dept.

Human Resources Div.

Human Resources and Labor Dept.
Internal Audit Office
UA3.0 B.P.R. Office

President

Customer Service OfficeOperation Dept.

E-commerce Management
Dept.

Private Service Desk Dept.
OMO Div.

PR / Advertising
Management Dept.

Digital Marketing Dept.

Business Strategy Dept.

Merchandising Dept.

Business Strategy Dept.

steven alan Dept.

Sales Dept.

Outlet Div.

Brand Business Div.

CITEN Dept.

Small Business Unit Dept.

Drawer Dept.

PR Dept.

E-commerce Dept.

Women's Merchandising
Dept.
Green Label Relaxing Div.

Men's Merchandising Dept.

Sales Dept.

PR Dept.

E-commerce Dept.

Women's Merchandising
Dept.
Beauty & Youth Div.

Men's Merchandising Dept.

PR Dept.

E-commerce Dept.

Women's MerchandisingDept.
United Arrows Div.

Men's Merchandising Dept.

Sales Dept.

Sales Dept.

Logistics Dept.
Overseas Business Development Dept.