May 19, 2023
For Immediate Release
Companyname:EXEO Group, Inc.

Representative: Tetsuya Funabashi,President & CEO(Code: 1951, Prime Market of the Tokyo Stock Exchange)
Contact: Shigeki Hayashi, Operating Officer
General Manager of Accounts & Finance Division
Chief Financial Officer(TEL. +81-3-5778-1105)

Notice of Changes in Officers
EXEO Group, Inc. (hereinafter “the Group”) announced at a meeting of the Board ofDirectors held today that it has decided informally to make changes in officers as statedbelow.
The changes will be officially finalized subject to resolutions at the 69th Ordinary
General Meeting of Shareholders to be held on June 23, 2023 and at the meeting of theBoard of Directors to be held immediately thereafter.
Details
Changes in officers (Effective June 23, 2023)(1) Candidates for new directors
Shigeki Hayashi(Current Operating Officer, General Manager of Accounts
and Finance Division and CFO)

Tomoko Aramaki(Current Auditor)(2) Director to retire
Director and Managing Operating

Kenji AsanoOfficer(3) Candidates for new Audit &(Scheduled to remain in the position of President andCEO, EXEO Tech Corporation)

Shinji Kojima

Supervisory Board Members(Current Operating Officer, General Manager ofMetropolitan Sales Division, Telecommunication
Business Division and Head of Telecommunication
Infrastructure Sales Section, the above division, theabove Division)

Eiko Osawa(Current Representative Certified Public Accountant,
Osawa C.P.A. Accounting Firm /tax accountant)1(4) Audit & Supervisory Board
Members to retire
AuditorMasato Suwabe(Scheduled to be the Company's special adviser)

AuditorTomoko Aramaki(Scheduled to be the Company's Director)(5) To become a Managing
Operating Officer
Koji Tanaka(Current Executive Officer and Head of InterconnectionPromotion Division, Facility Division, Nippon Telegraphand Telephone West Corporation)(6) To become Operating Officers
Tsuguhiko Ueno

(Current General Manager of Solution Division,Electricity/Environment/Smart Energy BusinessDivision)

Yosuke Nozaki(Current General Manager of Smart Energy Division,Electricity/Environment/Smart Energy BusinessDivision)

ChikamasaTeshima(Current Executive Officer, General Manager ofEngineering Service Division and General Manager ofGeneral Safety Division, NTT Anode Energy Corporation)

Kazuhiro(Current General Manager of Access Engineering

KawazoeDivision, Network Business Division)

Kenji Kono

(Current General Branch Manager of Tokai Branch)(7) Operating Officer to bepromoted
Managing Operating Officer

Koichi Maeda(Current Operating Officer, General Manager of Digital
Consulting Division, Solution Business Division and Headof Group Planning Promotion Section, the aboveDivision)(8) Operating Officers to retire
Executive Operating Officer

Eiichi Matsuda

Operating Officer

Masahito(Scheduled to be President and Representative Director,

Oishibashi

KANAC Co., Ltd.)

Operating Officer

Shinji Kojima

Operating Officer

Yoshiaki Nanjo(Scheduled to be the Company's special adviser)(Scheduled to be the Company's Auditor)(Scheduled to be the Company's full-time specialadviser)2

<Reference>
Officers and their duties [To be effective on June 23, 2023] [To be effective on July 1, 2023]
To be effective on July 1
Positions, entrusted duties,

To be effective on June 23Nameetc. (Applicable only toPositions, entrusted duties, etc.

persons to who changes willtake place)

Tetsuya Funabashi

Koichi Mino

President
Director and Executive Operating Officer
General Manager of Corporate Planning Division
Director and Executive Operating Officer

Noriyuki Watabe

General Manager of Electricity/Environment/Smart Energy
Business Division

Yuichi Koyama

Director and Managing Operating Officer
General Manager of Group Business Promotion Division
Director and Managing Operating Officer

Takafumi Sakaguchi

PresidentandRepresentativeDirector,Seibu

ElectricalIndustry Co., Ltd.
Director and Managing Operating Officer
Fumitoshi Imaizumi

General Manager of Global Business Division
President and Representative Director, EXEO GLOBAL Pte. Ltd.
Director and Operating Officer

Shigeki Hayashi

General Manager of Accounts and Finance Division
ＣＦＯ（Chief Financial Officer）

Yasushi Kohara

Director

Naoko Iwasaki

Director

Tatsushi Mochizuki

Director

Keiji Yoshida

Director

Tomoko Aramaki

Director

Yasuo Otsubo

AuditorShinji Kojima

AuditorShinnosuke Yamada

AuditorKimiko Takahashi

AuditorEiko OsawaAuditor(Continue on the next page)3

(Continued from the preceding page)
To be effective on July 1
Positions, entrusted duties,

To be effective on June 23Nameetc. (Applicable only toPositions, entrusted duties, etc.

persons to who changes willtake place)Managing Operating Officer
Yuji Sato

General Manager of Solution Business Division
EXEO Digital Solutions, Inc.
President and Representative Director
Managing Operating Officer

Hideki Obara

General Branch Manager of Tohoku BranchPresidentandRepresentativeDirector,Daiwa

Densetsu

Corporation
Managing Operating Officer
General Manager ofMakoto Shirakata

Managing Operating Officer

Telecommunication Business

General Manager of Telecommunication Business Division

Sales Division and General
Manager of BusinessEngineering Division
Managing Operating Officer

Managing Operating Officer
Kosei Nakashima

General Manager of Network Business Division, General
Manager of NTT Sales Division, the above Division, and General
Manager of Access Engineering Division, the above Division

Mitsumasa Watanabe

Fumihisa Yamaguchi

General Manager of Network
Business Division and General
Manager of NTT SalesDivision, the above Division

Managing Operating Officer
General Branch Manager of Kyushu BranchManaging Operating Officer

Managing Operating Officer

General Manager of Docomo Business Division and General

General Manager of Docomo

Manager of Business Sales Division, the above Division

Business Division

Managing Operating Officer
Koichi Maeda

Solution Business Division
General Manager of Digital Consulting Division and Head ofGroup Planning Promotion Section, the above Division
Managing Operating Officer
Representative of West Japan

Koji Tanaka

Managing Operating Officer

Head Office, Branch Deputy

Representative of West Japan Head Office, Branch Deputy

Manager of Kansai Branch,

Manager of Kansai Branch, Deputy General Manager of

Deputy General Manager ofTelecommunication Business Division and Deputy General

Telecommunication

Manager of Solution Business Division

SalesDivisionandBusinessDeputy

General Manager of Solution
Business Division
Operating Officer
Masahiro Kikuchi

General Manager of Digital Transformation Strategy Division
ＣＩＯ（Chief Information Officer）(Continue on the next page)4

(Continued from the preceding page)
To be effective on July 1
To be effective on June 23

Name

Positions, entrusted duties, etc.

Positions, entrusted duties,etc. (Applicable only topersons to who changes willtake place)

Operating Officer
Hiroshi Akizuki

General Manager of Sales Division, Solution Business Division
EXEO Digital Solutions, Inc.
Vice President and Director
Operating Officer

Mitsuhisa Iwai

Deputy General Manager of Solution Business Division
President and Representative Director, WHERE, Inc.
Operating Officer

Tadafumi Oke

General Manager of Development Division, Solution Business
Division and Digital Transformation Strategy Division
Operating Officer
Network Business Division

Toshiki Katano

General Manager of Network Engineering Division
EXEO Tech Corporation
Director and Executive Operating Officer
General Manager of Network Business Division

Naruhiko Yamada

Yoshinori Fujiwara

Operating Officer
Human Resources Division
Operating Officer
General Branch Manager of Chugoku Branch
Operating Officer
General Manager of Innovation Promotion Division, Head of

Kazuhiko Okubo

Information Security Office, Digital Transformation Strategy
Division and Head of IOWN Promotion Office, Innovation
Promotion Division
ＣＩＳＯ（Chief Information Security Officer)

Takaki Sakurada

Naoko Furukawa

Operating Officer
General Manager of Civil Engineering Business Division
Operating Officer
General Manager of Human Resources Development Division
Operating Officer

Tamaki Saimei

Operating Officer

Solution Business Division
General Manager of Solution Sales Division
President and Representative Director, Arco Japan, Inc.

President and Representative
Director, Arco Japan, Inc.

Operating Officer
Kenji Tanifuji

President and Representative Director, MG EXEO NETWORK,INC.
(Continue on the next page)5

(Continued from the preceding page)
To be effective on July 1
To be effective on June 23

Name

Positions, entrusted duties, etc.

Positions, entrusted duties,etc. (Applicable only topersons to who changes willtake place)
Operating Officer

Operating Officer
Telecommunication Business Division
Keiichiro Sugiyama

General Manager of Engineering Division and Head of Facilityand Construction Section, the above division, the aboveDivision

Deputy General Manager of Solution Business Division
ＣＤＯ（Chief Digital Officer）

Koichi Sakai

Akihiro Otake

Hideaki Yagi

Operating Officer
General Branch Manager of Hokkaido Branch
Operating Officer
General Branch Manager of Shikoku Branch
Operating Officer
Head of Strategy Planning Office, Corporate Planning Division
Operating Officer
Electricity/Environment/Smart Energy Business Division
General Manager of Environment Division

Hideaki Kageyama

Hachimantai Eco Clean Co., Ltd.
President and Representative Director
Daisen Misato Eco Clean Co., Ltd.
President and Representative Director
Operating Officer

Tsuguhiko Ueno

Electricity/Environment/Smart Energy Business Division
General Manager of Solution Division
Operating Officer

Yosuke Nozaki

Electricity/Environment/Smart Energy Business Division
General Manager of Smart Energy Division
Operating Officer

Chikamasa Teshima

Electricity/Environment/Smart Energy Business Division
Deputy General Manager
Operating Officer

Kazuhiro Kawazoe

Nippon Dentsu Co., Ltd.
Executive Vice-president and General Manager ofTelecommunication Business Division

Kenji Kono

Business Engineering Divisionand Head of Facility andConstruction Section I, theabove division

Operating Officer
Hitoshi Takanashi

Deputy General Manager ofOperating Officer
General Branch Manager of Tokai Branch6