June 25, 2024
Corporate name: SHOFU INC.
Representative: Tetsuo Takami
Representative Director, President & COO
Listing:
Tokyo Stock Exchange (Prime Market)
Code number:7979
Contact:
Shigefumi Iwasaki
General Manager of General Affairs
Department(TEL: +81-75-561-1914)

Notice regarding partial changes to the members of the Corporate
Value Evaluation Committee under the Policy on
Countermeasures to Large-scale Purchases of the Company’s
Shares, etc. (Takeover defence measures)
SHOFU INC. (the “Company”) hereby announces that its Board of Directors at its
meeting held on June 25, 2024, resolved the following partial changes to themembers of the Corporate Value Evaluation Committee under the Policy onCountermeasures to Large-scale Purchases of the Company’s Shares, etc. (Takeoverdefence measures) (“Policy on Countermeasures”) whose continuation wasapproved at the Company’s 150th Ordinary Shareholders’ Meeting held on June 24,
2022.
The Company's Policy on Countermeasures is effective until the conclusion of theCompany's 153rd Ordinary Shareholders’ Meeting in June 2025. At present, it has
not yet been decided whether or not to renew the Policy on Countermeasures, but atthis time the Corporate Value Evaluation Committee members are to be changed inaccordance with the election of directors at the 152nd Ordinary Shareholders’Meeting held on 25 June 2024.

１．New members
Name

Yoko Yamada

Profile1957
April
1996
April
2000
December
2002

Born
Joined Certified Public Accountant Hiroharu Shikata Office(retired in December 2007)
Registered as a Certified Public Accountant
Registered as a tax accountant

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Name

Yoko Yamada
January2008
June2022
June2023

Opened Certified Public Accountant and Tax Accountant
Yoko Yamada Office (to present)
Chairperson, Keiji Office, Japanese Institute of Certified
Public Accountants (to present)
Outside Auditor of the Company (to present)Note) 1. Ms. Yoko Yamada is an Outside Auditor as defined in Article 2, Paragraph
16 of the Companies Act of Japan. There are no special-interest
relationships between Ms. Yoko Yamada and the Company.
2. Ms. Yoko Yamada satisfies the requirements for independent officer inaccordance with the provisions set forth by Tokyo Stock Exchange, Inc.
The Company has registered her as the Company’s independent officer
with the Tokyo Stock Exchange.

NameHiromi MukaiProfile1975

BornOctober
2001

Registered as an attorney
Joined Taniguchi Law & Accounting Office (now Taniguchi
Law Office)(retired in September 2009)

October2009

Joined Akai and Okada Law Office (now OKUMURA OKADAPartners)(retired in December 2017)

January
2018

Established Kawaramachi Law Office (to present)

June
2024

Outside Auditor of the Company (to present)Note) 1. Ms. Hiromi Mukai is an Outside Auditor as defined in Article 2, Paragraph
16 of the Companies Act of Japan. There are no special-interest
relationships between Ms. Hiromi Mukai and the Company.
2. Ms. Hiromi Mukai satisfies the requirements for independent officer inaccordance with the provisions set forth by Tokyo Stock Exchange, Inc.
The Company has registered her as the Company’s independent officer
with the Tokyo Stock Exchange.

2２．Resignation
NameYasushi Sakemi

ReasonDue to the termination of the term of office as a member of theCorporate Value Evaluation Committee following the retirementof Outside Auditors at the conclusion of the Company’s 152ndOrdinary Shareholders’ Meeting held on June 25, 2024

３．Effective
June 25,2024

As a result, the Corporate Value Evaluation Committee consists of four members:
Yoko Yamada, Hiromi Mukai, Daizo Nishimura, and Kyoko Kobayashi.

(Note) This document has been translated from the Japanese original for reference
purposes only.
In the event of any discrepancy between this translated document and theJapanese original, the original shall prevail.

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