Seven & i Holdings Co., Ltd. announced that it adopted a resolution at a meeting of the Board of Directors held on April 10, 2024, regarding the selection of Stephen Hayes Dacus as Lead Independent Outside Director, Effective date April 10, 2024. Roles of the Lead Independent Outside Director: Ensure mutual coordination and follow-up among Outside Directors; Further enhance and maintain dialogue and communication between Outside Directors and senior management Strengthen coordination between Outside Directors and the Audit & Supervisory Board; and Promote "constructive dialogue with shareholders and investors" in which Outside Directors participate. Based on the achievements as the Chairman of the Strategy Committee and contributions in promoting "constructive dialogue with shareholders and investors", we evaluated him as qualified to assume the aforementioned roles.
Stephen Hayes Dacus will also serve as Chairman of the Strategy Committee.