On November 17, 2023, Pixie Dust Technologies, Inc. announced that Yoshiyuki Sekine resigned as a director of the Company, with immediate effect. Mr. Sekine?s decision to resign was not the result of any dispute or disagreement with the Company on any matter relating to the Company?s operation, policies (including accounting or financial policies) or practices. In connection with Mr. Sekine?s resignation, the Company?s Board of Directors appointed Nobuhiro Takagi to serve as the Company?s Chief Accounting Officer (the ?CAO?), effective as of November 17, 2023.

Mr. Takagi, age 44, has served as the controller of the Company since November 2020. Prior to joining the Company, Mr. Takagi served as an audit manager at KPMG AZSA LLC, Tokyo, from July 2017 to September 2020. Mr. Takagi graduated from Keio University in Tokyo, Japan in March 2003.

Mr. Miwa and Mr. Takagi have no family relationships with any director or executive officer of the Company. There are no related party transactions between the Company and Mr. Miwa or Mr. Takagi that are required to be reported.