Recruit Holdings Co., Ltd. has decided to make changes to its Board of Directors and Audit & Supervisory Board Members to further strengthen the management and supervision of overall business operations to enhance enterprise value. Shogo Ikeuchi, Chief HR Officer and has been a Board Director the Company, and Keiichi Sagawa, CFO and has been a Board Director of the Company, will retire at the Annual General Meeting of Shareholders scheduled in June 2020. Finally, as for the retirement in the Audit & Supervisory Board, Hiroki Inoue and Yasuaki Nishiura, current Audit & Supervisory Board Members of the Company, will retire at the Annual General Meeting of Shareholders scheduled in June 2020.