Toyo Tanso Co., Ltd. at its meeting held on February 22, 2024, the Board of Directors of the Company passed a resolution on director candidates to be proposed at the 82nd Ordinary General Shareholders Meeting to be held on March 28, 2024, Mr. Shunsaku Hiraga is scheduled to retire from Director due to the expiration of his term of office at the conclusion of the 82nd Ordinary General Meeting of Shareholders scheduled to be held on March 28, 2024. He will continue to serve as Special Advisor after his retirement from Directors.