Hanwa Co., Ltd. announced that the Board of Directors of Hanwa, held on January 26, 2024, resolved to change Representative Director as follows: Reason of Change: In order to change management structure. Retirement of representative director: Yasumichi Kato Currently, Representative Director and Chairman . Yasumichi Kato will become a Director and Chairman without representation right on April 1, 2024.

Scheduled date of Change is March 31, 2024.