(Translation)
May 29, 2024
To whom it may concern
Company Name Takihyo Co., Ltd.
Representative

Kazuo Taki, Representative Director,Chief Executive Officer(Code No. 9982 TSE Standard / NSE Premier)Contact

Atsushi Muto, Director,
Senior Managing Executive Officer(TEL +81-52-587-7111)

Notice regarding the approval of partial revision to and continuation of "Policy for Dealing
with Large-scale Purchases of Company Share Certificates, etc. (Policy for Dealing withAcquisitions)" and appointment of members of the independent panel

As announced in the notice on the partial revision to and continuation of "Policy for Dealing withLarge-scale Purchases of Company Share Certificates, etc. (Policy for Dealing with Acquisitions)"
dated April 15, 2024, Takihyo Co., Ltd. ("Takihyo") had decided to continue the "Policy for Dealing with
Large-scale Purchases of Company Share Certificates, etc. (Takeover Defense Measures)" (the"Response Policy") with some modifications, subject to the approval of shareholders at our 113th
ordinary general meeting of shareholders held today (the "Ordinary General Meeting of Shareholders").
Takihyo hereby announces that the partial revision to and continuation of the Response Policy wereapproved and passed in their original form at the Ordinary General Meeting of Shareholders.
Takihyo also announces that at the meeting of the board of directors held after the Ordinary General
Meeting of Shareholders, Takihyo established an independent panel and elected four members asshown below.

１． The names and biographies of members of the independent panel
Takeshi Ogasawara
Yasuyo Kaneko
Naohisa Washino
Miyuki Ebisawa
Note: Please refer to the attachment for brief personal history.
２． Date of appointment
May 29, 2024-1-(Attachment)
Name(Date of birth)

Brief personal history
April 1977
May 2004
June 2004
January 2006

Takeshi Ogasawara(Born on August 1,1953)

May 2007June 2008
May 2011
June 2012
June 2016
June 2017
June 2018
May 2020
June 2021
August 2022
April 1980
April 1984
June 2000
June 2002
September 2004
December 2005

Yasuyo Kaneko(Born on July 17,1959)

June 2019
July 2019
October 2020
October 2021
June 2022
June 2023

Naohisa Washino(Born on August 25,1959)

May 2024
April 1984
October 1991

Joined the Tokai Bank, Ltd.
Executive Officer, UFJ Bank Limited
Director and Executive Officer, the same bankExecutive Officer, the Bank of Tokyo-Mitsubishi UFJ,
Ltd.
Managing Executive Officer, the same bank
Managing Director, the same bankSenior Managing Director, the same bank
Deputy President, Representative Director, the samebank
Standing Advisor, the same bank
Chairperson, Representative Director, MISONOZA Inc.
(Current post)
Advisor, the Bank of Tokyo-Mitsubishi UFJ, Ltd. (Currentpost)
Outside Director, Takihyo (Current post)
Outside Director, Audit and Supervisory Committee
Member, Suzuken Co., Ltd. (Current post)
Outside Director, Wood Friends Co., Ltd. (Current post)
Joined Akiyama, Inc. (Currently, Suzuken Co., Ltd.)
Joined C'BON Cosmetics Sogo Honpo Co., Ltd.
(Currently, C'BON COSMETICS Co., Ltd.)
Director, General Manager of Management, the samecompany
Senior Managing Director, Head of Sales Division, thesame company
Executive Vice President, General Manager of Salesand Management, the same company
Representative Director, Chief Executive Officer, thesame company
Resigned from the post of Representative Director andChief Executive Officer of the same company
Representative Director, Chief Executive Officer, ZeroInc.
Resigned from the post of Representative Director andChief Executive Officer of the same company
Vice President, Executive Officer, PC DEPOTCorporation
Director, Executive Vice President, the same company
Resigned from the post of Director and Executive Vice
President of the same company
Outside Director, Takihyo (Current post)
Joined Taisei Corporation
Joined Nagoya Office, Ota Showa Audit Corporation(Currently, Ernst & Young ShinNihon LLC.)-2-June 1998
January 2001
May 2009
January 2019
May 2020
July 2020
April 1998

Miyuki Ebisawa(Born on August 12,1975)

October 1999
January 2017
August 2019
May 2022
May 2024

Representative Director, Washino Management
Services Ltd. (Current post)
Director, Washino CPA Office (Current post)
Outside Statutory Auditor, Takihyo
Representative Partner, Washino Accounting Office (TaxAccountant Corporation)
Outside Director, Audit and Supervisory Committee
Member, Takihyo (Current post)
Employee, Washino Accounting Office (Tax AccountantCorporation) (Current post)
Joined the Ministry of Home Affairs (Currently, theMinistry of Internal Affairs and Communications)
Joined TAKARAJIMASHA, Inc.
Registered as an attorney
Joined Mimura Komatsu Law Firm (Current post)
Outside Director, Takashimaya Company, Limited(Current post)
Outside Director, Audit and Supervisory Committee
Member, Takihyo (Current post)-3-