Tokyu Corporation announced that at a meeting of the Board of Directors held on May 27, 2022, the Company informally made a decision to make a change to representative directors whose terms of office expire with the closing of the Ordinary General Meeting of Shareholders that will be held on June 29, 2022. The change will be formally decided at the 153th Ordinary General Meeting of Shareholders that will be held on June 29, 2022. Change of Representative Directors (Retirement) due to the expiry of the term of office: Masao Tomoe.

Effective date is June 29, 2022.