Apr 1997 Joined the Company Jul 2014 Director, PIGEON (SHANGHAI) CO., LTD. Jan 2017 President, Director, PIGEON (SHANGHAI) CO., LTD. Jan 2018 Executive Officer, General Manager of China Business Division, President, Director, PIGEON (SHANGHAI) CO., LTD. Jan 2019 Senior Executive Officer, General Manager of China Business Division, Representative Director, PIGEON (SHANGHAI) CO., LTD. Mar 2023 Director, Senior Executive Officer, in charge of China Business Division and Singapore Business Division Sep 2023 Director, Senior Executive Officer, in charge of China Business Division and Singapore Business Division, Representative Director, DOUBLEHEART CO., LTD. Feb 2024 Director, Senior Executive Officer, in charge of China Business Division and Singapore Business Division Mar 2025 Representative Director, President (current)

Apr 1987 Joined the Company Jan 2008 Chief Manager, Human Resources and General Affairs Department, Administration Division Jan 2009 Executive Officer, General Manager of Human Resources and General Affairs Division Apr 2012 Executive Officer, Representative Director, President, THAI PIGEON CO., LTD. Jan 2014 Executive Officer, General Manager of Development Division Apr 2014 Director, Senior Executive Officer, General Manager of Development Division Jan 2015 Director, Senior Executive Officer, in charge of Development Division, Quality Control Division, and Customer Service Office Apr 2016 Director, Senior Executive Officer, General Manager of Quality Control Division, in charge of Development Division, Logistics Division, and Customer Service Office Jan 2017 Director, Senior Executive Officer, in charge of Customer Communication Division, Development Division, Quality Control Division, and Logistics Division Mar 2017 Director, Managing Executive Officer, in charge of Customer Communication Division, Development Division, Quality Control Division, and Logistics Division Jan 2019 Director, Managing Executive Officer, Head of Global Head Office Mar 2020 Director, Senior Managing Executive Officer, Head of Global Head Office Dec 2025 Director, Senior Managing Executive Officer, Chief Product & Supply Chain Strategy Officer (CPO/CSCO) (current)

Apr 1997 Joined Mitsubishi Corporation May 2008 Joined Sanrio Co., Ltd. Jun 2008 Completed Master of Business Administration, Harvard Business School Jun 2010 Director, Sanrio Co., Ltd. Apr 2013 Managing Director, Sanrio Co., Ltd. Jun 2013 Outside Director, DeNA Co., Ltd. Jun 2015 Chief Executive Officer, Sanrio Media & Pictures Entertainment, Inc. Mar 2016 Outside Director, LINE Corporation Apr 2016 Director, Sanrio Co., Ltd. Apr 2016 Director, the Company Jun 2016 Outside Director, trans cosmos inc. (current) Jul 2016 Representative Director, Hatoyama Sogo Kenkyusho Co., Ltd. (current) Jan 2021 Director, Otsumo Co., Ltd. (now HUMAN MADE Inc.) (current) Mar 2021 Outside Director, Audit and Supervisory Committee Member, Z Holdings Corporation Mar 2023 Director and Chairman of the Board, the Company (current)

Apr 1994 Joined Kao Corporation Feb 2000 Founded Loftwork Inc., Representative Director Feb 2012 Assistant Director, MIT Media Lab Apr 2014 Representative Director, President, Hida no Mori de Kuma wa Odoru Co., Ltd. May 2019 Chairman of the Board, Hida no Mori de Kuma wa Odoru Co., Ltd. (current) Mar 2020 Director, the Company (current) Feb 2021 Chairman of the Board, Loftwork Inc. Nov 2021 Outside Director, JINS Holdings Inc. (current) Apr 2022 Director, Loftwork Inc. (current) Sep 2022 Founded Q0 Inc., Representative Director, President (current)

Apr 1988 Joined Nomura Securities Co., Ltd. Apr 1996 Assistant, Faculty of Commerce, Meiji University Apr 1997 Full-time Lecturer, Faculty of Commerce, Meiji University Apr 2000 Full-time Associate Professor, Faculty of Commerce, Meiji University Apr 2002 Member, Investment Committee, Local Government Officials Mutual Aid Association Oct 2005 Full-time Professor, Faculty of Commerce, Meiji University (current) Apr 2006 Visiting Researcher, Ross School of Business, University of Michigan Apr 2020 Member, Investment Committee, National Federation of Municipal Employees' Mutual Aid Associations (current) Jun 2020 Outside Director, Eisai Co., Ltd. Apr 2021 Member, Pension Asset Management Review Committee, Local Government Employees Mutual Aid Associations (current) Mar 2022 Director, the Company (current) Aug 2022 Representative Director, I-O Wealth Advisors Inc. (current) Jun 2025 Outside Director, Okuma Corporation (current)

Apr 1996 Joined Corporate Direction Inc. May 2000 Joined Axive.com Inc. (now CARTA HOLDINGS, Inc.) Sep 2000 Director, Chief Financial Officer, the same company (current) Mar 2011 Founded VOYAGE VENTURES Inc. (now CARTA VENTURES Inc.), Representative Director (current) Dec 2013 Director, Research Panel Inc. (current) Mar 2024 Director, the Company (current) Jul 2025 Director, CARTA ZERO Inc.

Apr 1990 Joined The Nippon Credit Bank, Ltd. (now SBI Shinsei Bank, Ltd.) May 1999 Joined Corporate Direction Inc. Apr 2007 Partner, Corporate Direction Inc. Jan 2020 Joined the Company Jan 2020 Chief Manager, Office of General Manager, Corporate Strategy Division Mar 2020 Executive Officer, General Manager of Corporate Strategy Division Dec 2024 Senior Executive Officer, General Manager of Corporate Strategy Division Mar 2025 Director, PIGEON AMERICA INC. (current) Dec 2025 Group Executive Officer, Chief Strategy Officer (CSO) (current)

Mar 1986 Joined the Company Jan 2006 Chief Manager, Marketing Department, Marketing Division Jan 2007 Executive Officer, General Manager of HHC and Nursing Care Business Division Jan 2013 Executive Officer, General Manager of Healthcare and Nursing Care Business Division, Representative Director, President, Pigeon Tahira Co., Ltd. Jan 2016 Executive Officer, Senior Managing Director, Pigeon Tahira Co., Ltd. Jan 2018 Executive Officer, General Manager of Human Resources and General Affairs Division Dec 2019 Executive Officer, General Manager of Administration Division Mar 2022 Full-time Audit & Supervisory Board Member (current)

Mar 1994 Joined the Company Jan 2008 Representative Director, President, THAI PIGEON CO., LTD. Apr 2012 Chief Manager, Product Development Department, Development Division, the Company Jan 2014 Chief Manager, Planning and Design Department, Development Division, the Company Jan 2017 Executive Officer, General Manager of Quality Control Division Dec 2020 Executive Officer, General Manager of Purchasing and Quality Control Division Dec 2022 Executive Officer, General Manager of SCM Division Mar 2025 Full-time Audit & Supervisory Board Member (current)

Apr 1989 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Jul 1995 Joined BZW Securities Limited (now Barclays Securities Japan Limited) Sep 1996 Joined Globis Corporation Apr 1999 Joined Entrepia, Inc. Jul 2003 Established Koichi Otsu Office, Representative Apr 2004 Reorganized the office into Otsu International Inc., Representative Director, President (current) Apr 2015 Visiting Professor, Graduate School of Business Administration, Waseda University Apr 2015 Visiting Professor, Graduate School of Business Administration and Information Science, Tama University Aug 2015 Outside Director, Audit and Supervisory Committee Member, Splix Inc. Apr 2019 Audit & Supervisory Board Member, the Company (current) Apr 2022 Visiting Professor, Graduate School, Business Breakthrough University (current)

Oct 2001 Registered as attorney-at-law (Tokyo Bar Association) Oct 2001 Joined Mori Sogo Law Office (now Mori Hamada & Matsumoto, Gaikokuho Kyodo Jigyo Horitsu Jimusho) Jan 2010 Partner, the same law office (current) Jun 2015 Outside Audit & Supervisory Board Member, Kanda Holdings Co., Ltd. Jun 2018 Outside Audit & Supervisory Board Member, Jupiter Telecommunications Co., Ltd. (now J:COM Co., Ltd.) (current) Apr 2019 Audit & Supervisory Board Member, the Company (current) Jun 2022 Outside Director, Audit and Supervisory Committee Member, T&D Holdings, Inc. (current)