SATO Holdings Corporation announced appointment of Hiroyuki Konuma as Chief Executive Officer to replace current Chief Executive Officer Ryutaro Kotaki. Background of Hiroyuki Konuma - Date of Birth: March 14, 1973. Background of Hiroyuki Konuma: July 2000 - Joined SATO; April 2010 - General Manager of Medical Dept., Tokyo Division, Japan Sales Headquarters; April 2013 - President for health care business, SATO Corporation; April 2014 - President, SATO Healthcare Co.

Ltd.; July 2015 - Executive Officer and Chief Wellness Officer; Apr. 2019 - Vice President; President and Head of RFID business, SATO Corporation; April 2020 - Vice President; President, oversees global business, SATO Corporation; June 2020 – Director; April 2021 - Director and Vice President, oversees Japan business; President, SATO Corporation.