Information Disclosure in accordance to the Corporate Governance CodeExplanations for the Individual Appointments,Dismissals and Nominations of Candidates for
Directors and Audit & Supervisory Board
Members[Principle 3.1 Full Disclosure]
In addition to making information disclosure in compliance with relevant laws and regulations,companies should disclose and proactively provide the information listed below (along with thedisclosures specified by the principles of the Code) in order to enhance transparency and fairness indecision-making and ensure effective corporate governance:v) Explanations with respect to the individual appointments/dismissals and nominations based oniv)――――――――――――――――――――――――――――――――――――――――<Appointments and Nominations>
At the 85th Ordinary General Meeting of Shareholders (held on June 27, 2024), the Board ofDirectors of the Company submitted proposals to elect 14 Directors (including 6 outside Directors)
and 1 outside Audit & Supervisory Board Member. All candidates for Directors and Audit &Supervisory Board Member fulfill the selection criteria of candidates for Directors and Audit &Supervisory Board Members, and individual appointments were made in consideration of thecomposition for the necessary number and diversity to ensure the effectiveness of the Board ofDirectors and the Audit & Supervisory Board as a whole.
Specifically, individual appointments were made in the expectation that the diversified experiences
and backgrounds possessed by each candidate will give positive impact on the management of theCompany and mutually supplement experiences and wisdom, and thereby provide the balance to theBoard of Directors and the Audit & Supervisory Board as a whole as well as enhance each function.

Information Disclosure in accordance to the Corporate Governance Code[Directors]Name

Reason for nomination of the person as DirectorPosition

1Keiichi Yoshii

Representative
Director andPresident, CEO2

Takeshi
Kosokabe

3

Yoshiyuki
MurataSince assuming the position of Representative
Director and President, he has expanded theCompany’s business performance, achieving
record-high sales and operating income, as wellas promoting the strengthening of themanagement base through measures including
governance enhancement. In the Seventh
Medium-Term Management Plan, the Company
set its purpose as “Our Future
Landscape—Celebrating the Joys of Life” andis actively working to further accelerate thegrowth of its overseas businesses and achievecarbon neutrality. The Company expects that hewill demonstrate managerial skills andleadership to build the Group’s sustainablegrowth model.
He has accumulated experience from working
in the accounting department and as
Representative Director of a group company,
and after assuming the position ofRepresentative Director of the Company, he has
been mainly serving as CFO and General
Manager of Management Administration
Headquarters, strengthening governance andstriving to improve the corporate value of theCompany Group. Accordingly, the Company
expects that he will continue exercising
managerial skills by utilizing his broad
knowledge and experience in the future.
After serving as a manager supervising thetechnology division of a major construction
company, he has served as Representative
Director of the same company. Accordingly, theCompany expects that he will utilize hisabundant knowledge of the industry based on
his professional career and exercise managerial
skills to achieve further improvement oftechnical capabilities and sustainable growth ofthe Group.

Representative
Executive Vice
President, CFO

Representative
Executive Vice
PresidentInformation Disclosure in accordance to the Corporate Governance CodeName

Reason for nomination of the person as DirectorPosition

4

Keisuke Shimonishi

Director and Senior
Managing ExecutiveOfficer

5

Hirotsugu Otomo

6

Kazuhito Dekura

7

Yoshinori Ariyoshi

He has accumulated experience from working
in the marketing department, and after assuming
the position of Director of the Company, he has
been mainly in charge of Commercial
Construction Headquarters, striving to improvethe corporate value of the Company Group.
Accordingly, the Company expects that he will
exercise managerial skills by utilizing his broad
knowledge and experience to further improvethe corporate value.
He has accumulated experience from working
in the marketing department. After assuming theposition of Director of the Company, he has
mainly been in charge of general housingbusiness and Livness business, and is striving toimprove the corporate value of the Company
Group as Head of Overseas and Head ofManagement Strategy Planning Headquarters.
Accordingly, the Company expects that he will
exercise managerial skills by utilizing his broad
knowledge and experience in the future.
He has accumulated experience from working
in the marketing department, and after assuming
the position of Director of the Company, he has
been mainly in charge of Rental Apartment
Headquarters, striving to improve the corporate
value of the Company Group. Accordingly, theCompany expects that he will continue
exercising managerial skills by utilizing his
broad knowledge and experience in the future.
He has accumulated experience from working
in the technology department, and after
assuming the position of Director of theCompany, he has been mainly in charge ofCompliance and Quality Assurance Promotion
Division striving to improve the corporate valueof the Company Group. Accordingly, theCompany expects that he will continue
exercising managerial skills by utilizing hisbroad knowledge and experience in the future.

Director and Senior
Managing Executive
Officer

Director andManaging Executive
Officer

Director andManaging Executive
OfficerInformation Disclosure in accordance to the Corporate Governance CodeName

Reason for nomination of the person as DirectorPosition

8Toshiya Nagase

Director andManaging
Executive
Officer

9Yukinori
Kuwano10

Miwa Seki

11

Kazuhiro
Yoshizawa

12

Yujiro Ito

He has accumulated experience from working in themarketing department. After assuming the position ofDirector of the Company, he has mainly been in chargeof Single Family Housing Business, striving to improvethe corporate value of the Company Group.
Accordingly, the Company expects that he will continue
exercising managerial skills by utilizing his broad
knowledge and experience in the future.
Utilizing his extensive knowledge of corporate
management cultivated over many years through hisabundant experience as a corporate manager, he has
played an important role in strengthening governanceby providing opinions and remarks from various
perspectives. Moreover, he has supervised the progressof initiatives for BIM and DX from an executive pointof view. Accordingly, the Company expects that he willcontinue providing managerial supervision and advice
from an independent standpoint.
Having entrepreneurial experience and work experience
as a branch manager at a foreign financial institution,
she has utilized her extensive global knowledge
cultivated in part through her experience as a General
Partner at an investment fund, her present job, toprovide opinions and remarks from not only aninvestor’s viewpoint but also diverse perspectives.
Accordingly, the Company expects that she willcontinue providing managerial supervision and advice
from an independent standpoint.
He served as Representative Member of the Board of
Directors of a major telecommunications company.
Accordingly, the Company expects that he will utilize
his abundant knowledge based on his professional
career and continue to provide the Group withmanagerial supervision and advice for further
development of information technology and sustainablegrowth of the Group from an independent standpoint.
He served as Representative Director of a major
financial institution. Accordingly, the Company expects
that he will utilize his abundant knowledge based on his
professional career and continue to provide the Group
with managerial supervision and advice to further
strengthening corporate governance of the Group froman independent standpoint.

Outside Director
Independent
Executive

Outside Director
Independent
Executive

Outside Director
Independent
Executive

Outside Director
Independent
Executive

Information Disclosure in accordance to the Corporate Governance CodeName

Reason for nomination of the person as Director

Position13

Toshikazu
Nambu

Outside Director
Independent
Executive

14

TomomiFukumoto

He served as Representative Director of a major general
trading company after having worked overseas.
Accordingly, the Company expects that he will utilize
his abundant knowledge based on his professional
career and provide the Group with managerial
supervision and advice to further promote the overseas
business and DX and strengthen corporate governanceof the Group from an independent standpoint.
She has extensive experience mainly in thesustainability division of a major beverage company andmanagement experience in of the beverage company’sgroup companies. Accordingly, the Company expects
that she will utilize her abundant knowledge based on
her professional career and provide the Group withmanagerial supervision and advice for Sustainablegrowth of corporate value of the Group from an
independent standpoint.

Outside Director
Independent
Executive[Audit & Supervisory Board Member]
Name1

TomoyukiNakazato2

Tadatoshi
Maeda

Reason for nomination of the person as Audit &Supervisory Board Member
He has abundant knowledge of finance and accounting
from his long-term experience in accounting operations
and has contributed to improving the effectiveness ofaudits and other activities of the Audit & Supervisory
Board as a whole through means such as providing
appropriate advice in line with on-site audits as afull-time Audit & Supervisory Board Member.
Accordingly, the Company judges he will appropriately
fulfill his duties as an Audit & Supervisory Board
Member, and proposes his reelection.
Having served for many years as a manager responsiblefor design division of Branch and Head Office, he hasabundant knowledge regarding construction
technologies. The Company expects that he willconduct highly effective audits with his profoundknowledge of frontline operations of both technical andsales departments. Accordingly, the Company judges hewill appropriately fulfill his duties as an Audit &Supervisory Board Member, and proposes his
appointment as Audit & Supervisory Board Member.

Position
Audit &Supervisory
Board Member

Audit &Supervisory
Board Member

Information Disclosure in accordance to the Corporate Governance CodeName3

Yoshinori
Hashimoto

Reason for nomination of the person as Audit &Supervisory Board Member
He has abundant knowledge and insight ofmanagement of branches and offices from his
long-term experience as the manager of branches andoffices. The Company expects that he will contributeto improving the effectiveness of audits of the Audit &Supervisory Board as a whole through means such asproviding appropriate advice in line with on-site
audits as a full-time Audit & Supervisory BoardMember. Accordingly, the Company proposes hiselection as Audit & Supervisory Board Member.

Position
Audit &Supervisory BoardMember[Audit & Supervisory Board Members appointed at the 82nd, 84th and 85th Ordinary General
Meetings of Shareholders ]Name1

Akihisa
Watanabe

Reason for nomination of the person as Audit &Supervisory Board Member
He has been engaged in auditing at an audit
corporation as a certified public accountant for manyyears, and has abundant experience as a specialist in
financial accounting. The Company expects that hewill conduct highly effective audits by utilizing hisextensive knowledge based on his career. Accordingly,
the Company proposes his appointment as Audit &Supervisory Board Member.
He has never in the past been involved in the
management of a company. However, the Company
judges he will appropriately fulfill his duties as an
Outside Audit & Supervisory Board Member in themanner that the Company expects, based on thereason described above.

Position
Outside Audit &Supervisory BoardMemberInformation Disclosure in accordance to the Corporate Governance CodeName2

Tatsuji
Kishimoto

3TakashiMaruyama

Reason for nomination of the person as Audit &Supervisory Board Member
He has been serving as an attorney at law for manyyears, and has expertise and abundant knowledge ofcorporate legal affairs. The Company expects that as
an Outside Audit & Supervisory Board Member who
is a legal expert, he will play an important role inauditing the compliance of business execution by theCompany’s Directors and improving the internalcontrol system. Accordingly, the Company proposes
his appointment as Audit & Supervisory Board
Member.
He has never in the past been involved in themanagement of a company except as an outside
officer. However, the Company judges he willappropriately fulfill his duties as an Outside Audit &Supervisory Board Member in the manner that theCompany expects, based on the reason describedabove.
He has long-term experience in corporate management
at corporate groups with diverse business operations.
The Company expects that he will audit the overallmanagement of the Company and provide usefuladvice from an independent standpoint by utilizing hisabundant knowledge based on his career. Accordingly,
the Company proposes his election as Audit &Supervisory Board Member.

<Dismissals>
Presently, there is nothing to disclose about dismissals.

Position
Outside Audit &Supervisory BoardMember

Outside Audit &Supervisory Board
Member