United Arrows Ltd. announces that the Board of Directors meeting held on March 24, 2023 resolved to revise its corporate management framework and decided to implement the following framework of Directors and Executive Officers, effective April 1, 2023. Simultaneously, the Company has decided on organizational reform. Current Title is listed only where changes have been made.

1. Director Framework: The company has appointed Hiroyuki Higashi as Director, Executive Managing Officer from his Current Title as Director, Executive Managing Officer and CHRO. Executive Officer Framework: the company has appointed Shinya Matsumoto as Executive Officer, CCO; Hisashi Takayama as Executive Officer, CCO General Manager, Sales Div. from his current title as Executive Officer, CCO; Kazuyasu Tanaka as Executive Officer, CMO Manager, New Business Development Office from his current title as Executive Officer, CMO; Yoshiaki Fujihara as Executive Officer, CDO, General Manager, OMO Div.

from his current title as Executive Officer, CDO,General Manager, Marketing Div. Yuji Suzumura as Executive Officer, CIO General Manager, IT Solution Div. and Department Manager, IT Service Platform Dept.

from his current title as General Manager, IT Solution Div. and Department Manager, IT Service Platform Dept. Satoshi Tan as Executive Officer, CSO General Manager, Corporate Strategy Div.

from his current title as Executive Officer, CSO General Manager, Corporate Strategy Div. and Department Manager, Corporate Planning Dept; Mariko Yamasaki as Executive Officer, CHRO General Manager, Human Resources Div. from his current title as General Manager, Human Resources Div.

and Department Manager, Human Resources Dept.