Apr 1972 Joined Hilton International; Head of Sales, Japan, Korea and Guam Area; Acting General Manager, Hilton Tokyo Oct 2005 Joined Solare Hotels & Resorts Co., Ltd. (hotel operator under Lone Star Funds); Head of Full-Service Hotel Operations, concurrently General Manager, Loisir Hotel Atsugi and General Manager, Kobe Bay Sheraton Hotel & Towers Apr 2011 Representative Director, Senior Managing Director and General Manager, Rembrandt Hotel Atsugi Co., Ltd. Nov 2011 Director, Rembrandt Holdings Co., Ltd. Apr 2013 Joined the Company; Executive Officer, Head of Sales Division Jun 2013 Senior Managing Director, Head of Hotel Business Division, the Company Apr 2014 Representative Director, Senior Managing Director, the Company Jun 2014 Representative Director, President, the Company Jun 2020 Director, Chairman of the Board, the Company (current)

Jul 2007 Joined Accenture K.K.; Consultant Sep 2011 Joined Hoshino Resorts, Inc. Jan 2013 Joined Japan Hotel REIT Advisors K.K.; Senior Manager Jul 2016 Joined Ichigo Inc. (seconded to Ichigo Investment Advisors Co., Ltd.); Senior Vice President Mar 2020 Director, Star Asia Management Japan Ltd. (current) Feb 2021 Joined the Company; Head of Hotel Business Division Jun 2022 Director, the Company Dec 2024 Director, Minasia Co., Ltd. (current) May 2025 Head of Operations Division and Head of Development Division, the Company Jun 2025 Representative Director, President, the Company (current)

Apr 1993 Joined Tokyu Corporation, Overseas Business Division; Assistant Manager, Group Policy Office Aug 2002 Joined Future Brand Co., Ltd.; Consultant Jul 2004 Joined Solare Hotels & Resorts Co., Ltd.; Head of Marketing Division Nov 2008 Representative Director, President, Octopus Travel Co., Ltd. Jul 2010 Country Director, Agoda International Oct 2011 Deputy General Manager, International Business Division, Rakuten Travel Co., Ltd. Aug 2013 Head of Travel Business Division, Groupon Japan Co., Ltd. Oct 2015 Representative Director, President, TrustYou K.K. Jan 2021 Joined Minasia Co., Ltd. Feb 2021 Representative Director, President, Minasia Co., Ltd. (current) Feb 2021 Representative Director, President, Minasia Total Service Co., Ltd. (current) Dec 2024 Vice President and Director, the Company May 2025 Head of Sales Division, the Company (current) Jun 2025 Director, Chief Operating Officer (COO), Head of Operations Division, the Company (current) Mar 2026 Head of IT Division, the Company (current)

Apr 2003 Joined Daiwa Securities Co., Ltd. May 2005 Joined ORIX Corporation May 2006 Joined Mizuho Securities Co., Ltd. Nov 2012 Joined Xymax Corporation Jan 2015 Managing Director, Star Asia Management Japan Ltd. (current) Dec 2018 Joined the Company; Executive Officer Jun 2019 Director, Chief Financial Officer (CFO), Head of Finance and Corporate Planning Division, the Company Jun 2020 Chief Operating Officer (COO), the Company Dec 2024 Executive Officer and Chief Financial Officer (CFO), the Company May 2025 Head of Finance Division, the Company (current) Jun 2025 Director, Chief Financial Officer (CFO), the Company (current)

Apr 2000 Joined Ken Corporation Mar 2006 Joined Da Vinci Advisors Co., Ltd.; Analyst Apr 2007 Joined Panorama Hospitality Co., Ltd.; Manager Jan 2009 Vice President, Secured Capital Investment Management Co., Ltd. (now PAG Investment Management K.K.) Jul 2012 Senior Manager, Acquisitions Department, Investment Management Division, Japan Hotel REIT Advisors K.K. Mar 2015 Head of Acquisitions Department, Investment Management Division, Japan Hotel REIT Advisors K.K. Feb 2020 Managing Director, Hotels & Hospitality Division, Jones Lang LaSalle K.K. Apr 2020 Executive Officer, Head of Hotels & Hospitality Division, Jones Lang LaSalle K.K. Feb 2023 Director, Star Asia Management Japan Ltd. (current) Feb 2023 Joined the Company; Advisor Jun 2023 Representative Director, President, Polaris Asia Co., Ltd. (current) Jun 2023 Representative Director, President, the Company Dec 2024 Director, Minasia Co., Ltd. (current) Jun 2025 Director, Head of Development Division, the Company (current) Mar 2026 Head of Overseas Business Division, the Company (current)

Apr 1988 Joined The Nippon Credit Bank, Ltd. Feb 2001 Joined Daiwa SMBC Securities Co., Ltd. Dec 2004 Representative Director, Care Associates Co., Ltd. Sep 2011 Chief Administrative Officer and Senior Research Fellow, Japan Institute for Reconstruction Initiatives (general incorporated foundation) Mar 2012 Director, Fisco Capital Co., Ltd. Feb 2016 Audit & Supervisory Board Member, Nexg Group Co., Ltd. Oct 2017 Director, S.Y.S Co., Ltd. Feb 2025 Director, Star Asia Management Japan Ltd. (current) Feb 2025 Joined the Company; Advisor May 2025 Head of Corporate Planning Division, the Company (current) Jun 2025 Director, the Company (current)

Apr 1991 Joined Edoken Co., Ltd. Apr 1994 Joined Wing International Co., Ltd. Dec 2000 Representative Director, President, Forbes Co., Ltd. (now Minasia Co., Ltd.) Feb 2021 Representative Director, Executive Vice President, Minasia Co., Ltd. (current) Dec 2024 Director, the Company (current) Jul 2025 Head of Administration Division, the Company (current)

Aug 1999 Director, Equity Sales Division, Salomon Smith Barney Securities Co., Ltd. (now Citigroup Global Markets Japan Inc.) Aug 2007 Executive Director, Equity Sales Division, KBC Securities Oct 2009 Director, Equity Sales Division, Merrill Lynch Japan Securities Co., Ltd. (now BofA Securities Japan Co., Ltd.) Sep 2013 Deputy General Manager, Sales Division, and Head of International Sales Division, SMBC Nikko Securities Inc. Jan 2016 Director, Institutional Sales Department, Equity Division, Mizuho Securities Co., Ltd. Jun 2019 Head of Marketing and Business Development, Star Asia Management Japan Ltd. (current) Apr 2025 Joined the Company; Executive Officer, in charge of Investor Relations and Business Development Jun 2025 Director, the Company (current)

Apr 1983 Joined Tomen Corporation (now Toyota Tsusho Corporation) Jul 1987 Real Estate Division, Tomen America Inc., New York Headquarters Mar 1991 Real Estate Management and Development Office, Tomen Corporation Apr 1999 Group Leader, Tokyo Construction Group, Development and Construction Division, Tomen Corporation Aug 2004 Manager, Real Estate Division, Tomen America Inc., New York Headquarters Sep 2008 Urban Development Division, Toyota Tsusho Corporation Apr 2009 Head of Development Division and Head of General Affairs Division, Gamagori Ocean Development Co., Ltd. May 2012 Urban Development Division, Toyota Tsusho Corporation Apr 2013 Director, Overseas Project Promotion Office, Living & Healthcare Division, Toyota Tsusho Corporation Apr 2015 Head of Construction Business Division, Toyota Tsusho Corporation Oct 2017 Director, Toyota Tsusho Facilities Co., Ltd. Jun 2018 Representative Director, President, Toyota Tsusho Facilities Co., Ltd. Jun 2023 Full-time Outside Director, Audit and Supervisory Committee Member, the Company (current)

Oct 2005 Registered as Attorney-at-Law; joined Shimizu Naoki Law Office Oct 2015 Established Rising Law Office; Managing Partner (current) Aug 2021 Outside Director, Audit and Supervisory Committee Member, First Corporation Co., Ltd. (current) Jun 2023 Outside Director, Audit and Supervisory Committee Member, the Company (current)

Aug 1996 Joined PwC LLP, US Oct 2011 National Leader, Japanese Business Practice, Grant Thornton LLP, US Feb 2025 Representative, RevUp Advisors LLC, US (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, the Company (current)