(TRANSLATION FOR REFERENCE ONLY)
February 22, 2024
For Immediate Release
Company name
RepresentativeContact

Digital Garage, Inc.
Kaoru Hayashi
Representative Director,President, Executive Officer and Group CEO(Code: 4819 Prime Section of TSE)
Hiroyuki Nozaki
Corporate Officer, Deputy Head of Corporate Div.
(Tel: +81-3-6367-1111)( U R L : h t t p s : / / w w w. g a r a g e . c o . j p / e n / i r / )Notice of Organizational Changes and Corporate Officer Appointments
At the Board of Directors meeting held on February 22, 2024, Digital Garage Inc. (“the Company”) resolved tomake organizational changes and corporate officer appointments, effective April 1, 2024.
1.

Purpose and Overview
Based on the purpose "Designing “New Context” for a sustainable society with technology", the Company
positions "DG FinTech Shift" as its group strategy.
The Company resolved to revise its personnel and organizational structure to further strengthen the strategy,
optimize the management resource allocation, and accelerate the improvement of its corporate value.

2.

Organizational Changes(1) Change of Group CEO Division
The following changes will be made in Group CEO Division.
-Strategic Technology Business Development Department will be renamed Retail Tech Business
Department to focus on the business integration of payment and services for food, beverage, and retailindustries, primarily with Pangaea Delivery and Order.

-

Strategic Alliance Development Department will be renamed Corporate Development Department topromote strategic planning and execution of M&As, joint venture establishments, and business exits
for the growth of the group in addition to capital and business alliances.

-web3 Business Development Department will be renamed web3 Business Department, and Digital
Health Business Development Department will be renamed Digital Health Business Department, sincethese departments have shifted from the business development phase to the profit pursuit phase.

(2) Change of DG Technology Department and Corporate Division
The following changes will be made in DG Technology Department and Corporate Division.
-DG Technology Department, which oversees and manages cross-group technology development andpromotion of commercialization and social implementation of advanced technologies, has expanded
its roles, functions, and personnel. Therefore, the Company will establish DG Technology Division tostreamline team structures and organizational operations and to internalize the development system,
according to each role, and DG Technology Department will be placed under the division to beresponsible for product design, planning and management, project management, and system design,development, and operation, etc.

-Information Technology Department will be transferred from Corporate Division to DG Technology
Division to consolidate the Group’s internal functions related to technology and information system.

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(3) Changes of GII Segment Planning Office
The following changes will be made in GII Segment Planning Office.
-GII Segment Planning Office, which oversees and manages Global Investment Incubation Segment("GII Segment"), has expanded its roles, functions, and personnel. Therefore, it will be reorganizedfrom a Layer III organization into a Layer I division and be renamed GII Segment Division tostreamline team structures and organizational operations, according to each role.

-Investment Planning Department will be established under GII Segment Division, responsible forcorporate planning in GII Segment, specially assigned projects, coordination with other segments ordepartments, investment support, and legal work for investment subsidiaries under the Group or GII
segment, etc.

-Investment Management Department will be established under GII Segment Division and responsiblefor portfolio risk management, financial and budget management, administrative operations, HRsystem development, and public relations in GII Segment.

(4) Changes of Marketing Technology Company
The following changes will be made in Marketing Technology Company.
-Non-advertising business, including financial app development, Point Mall, and Cloud Pay, etc., has
functions highly related to the payment business and other related businesses within the Group. These
functions will be separated from Financial Business Division and transferred to CX Business Division
to be newly established.

-Business Management Office will transition into a Layer II organization with its roles, functions, andpersonnel expanded, and this change aims to optimize team structures and organizational operations
according to each role.

-Business Strategy Office will be eliminated as its functions will be transferred to Platform Solution
Strategy Department, CX Business Division, and Solution Division.

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3.

Personnel Changes(1) Corporate Officers
Name

New Position

Current Position

Daisuke Tominaga

Corporate Officer
Head of Group CEO Division, and Head ofCorporate Development Department

Corporate Officer
Head of Group CEO Division,
DG Lab Co-COO, and Head of Strategic
Alliance Development Department

Shunsuke Kitada

Corporate Officer, responsible for New
Business in Platform Solution Segment, andHead of Platform Solution Strategy
Department

Corporate Officer
Co-Company President of MarketingTechnology Company,
Head of Business Strategy Office,and Co-Head of Platform Solution Strategy
Department

Hidetoshi Tokumaru

Corporate Officer
Company President of Marketing Technology
Company

Corporate Officer
Co-Company President of MarketingTechnology Company and Head of Solution
Division

Vincent Gebes

Corporate Officer and CR&DO, responsible
for R&D

Corporate Officer and CTO
DG Lab Co-COO, Group CEO Division

Tomosue Den

Corporate Officer and CTO
Head of DG Technology DivisionCorporate Officer,
Head of DG Technology Department

Junichi Nakajima

Corporate Officer, responsible for Global
Investment Incubation Segment,
and Head of GII Segment DivisionCorporate Officer, responsible for Global
Investment Incubation Segment, and GIISegment Planning Office3NameNew Position

Current Position

Tomoya Sasaki

Corporate Officer, responsible for OpenNetwork Lab and Sapporo Development
CenterCorporate Officer
Co-Head of Open Network Lab

Katsuaki Usami

Corporate Officer, responsible for Overall
Supervision of Open Network Lab
and Global Head of Open Network Lab

Corporate Officer
Co-Head of Open Network Lab

Name

New Position

Current Position

Takuma Kawamoto

DG Lab COO, Group CEO Division

DG Lab Senior Data Scientist, Group CEODivisionShigehiro Araki

Head of Retail Tech Department, Group CEODivision

Co-Head of Strategic Technology BusinessDevelopment Department, Group CEODivision

Shunichi Kimuro

Head of Web3 Business Department, GroupCEO Division

Head of Web3 Business Development
Department, Group CEO Division

Yukiko Ohara

Head of Digital Health Business Department,Group CEO Division

Head of Digital Health Business Development
Department, Group CEO Division

Misaki Uto

Head of DG Technology Department, DG
Technology Division

Deputy Head of DG Technology Department

Tomohide Ogawa

Head of Information Technology Department,
DG Technology Division

Head of Information Technology Department,
Corporate Division

Satoshi Kotaki

Head of Investment Planning Department, GIISegment Division

Head of GII Segment Planning Office

Masahiro Ueda

Head of Investment Management Department,
GII Segment Division

Deputy Head of GII Segment Planning Office

Tomoya Inui

Head of Accounting Department, CorporateDivision

Co-Head of Accounting Department,
Corporate Division

Nariaki Okuno

Head of CX Business Department, MarketingTechnology Company

Co-Head of Financial Business Division,
Marketing Technology Company

Hirofumi Mitsuzaki

Head of Financial Business Division,
Marketing Technology Company

Co-Head of Financial Business Division,
Marketing Technology Company

Jun Arata

Head of Solution Division, MarketingTechnology Company

Deputy Head of Solution Division, MarketingTechnology Company

Tatsuhiro Okuno

Head of Business Strategy Division*,
Marketing Technology Company

Head of Business Strategy Division*,
Marketing Technology Company(2) Employees* Change due to the reorganization of Business Management Office into an Organizational Layer II.

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4.

Appointments of Corporate Officers(1) Reappointments
Name

Title

Responsibilities

Kaoru Hayashi

President, Executive Officer and Group CEO

Overall Group Management

Keizo Odori

Vice President, Executive Officer
and Group COO

In charge of Corporate Division

Masahito Okuma

Senior Managing Executive Officerand CSO*

In charge of Global Investment Incubation
Segment and Long-term Incubation Segment

Joichi ItoSenior Managing Executive Officer
and Chief Architect

Responsible for Digital Architect Design

Hiroshi Shino

Senior Executive Officer

In charge of Platform Solution Segment

Masashi Tanaka

Senior Executive Officer and CISO*

In charge of Platform Solution Segment

Daisuke Tominaga

Corporate Officer

Head of Group CEO Division, responsible for
Business Strategy Planning

Ryuji Yamanaka

Corporate Officer

Responsible for Sales Promotion in Platform
Solution Segment

Junichi Sakishima

Corporate Officer

Head of Incubation Division

Shunsuke Kitada

Corporate Officer

Responsible for New Business in Platform
Solution Segment

Hidetoshi Tokumaru

Corporate Officer

Company President of Marketing TechnologyCompany

Vincent Gebes

Corporate Officer and CR&DO*

Responsible for R&D

Tomosue Den

Corporate Officer and CTO*

Head of DG Technology Division

Junichi Nakajima

Corporate Officer

Head of GII Segment Division, responsible
for Global Investment Incubation Segment

Takumi Saito

Corporate Officer

Head of Corporate Division, responsible for
Corporate Functions

Hiroyuki Nozaki

Corporate Officer

Deputy Head of Corporate Division,
responsible for Finance & Treasury

Tomoya Sasaki

Corporate Officer

Responsible for Open Network Lab andSapporo Development Center

Hiroki Mitsuhashi

Corporate Officer

Responsible for US BusinessNobuyuki Ishiyama

Corporate Officer

Deputy Head of Corporate Division,
responsible for Human Resources

Katsuaki Usami

Corporate Officer

Responsible for Overall and Global
Supervision of Open Network Lab

Debbie Altomonte

Corporate Officer

Responsible for ESG* CSO* CISO* CR&DO* CTO: Chief Strategy Officer: Chief Information Security Officer: Chief Research and Development Officer: Chief Technology Officer

5(2) New Appointment

5.

Name

Title

Responsibilities

Kazunori Shimizu

Corporate Officer

Responsible for New Business in Platform
Solution Segment

Effective DateApril 1, 2024

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