Hakuhodo DY Holdings Inc. informally decided the following changes to its representative directors at a meeting of the board of directors on February 24, 2022. Changes to representative directors (effective June 2022); Masanori Nishioka, currently Senior Executive Corporate Officer, CFO, Director & Senior Executive Corporate Officer, CFO, Hakuhodo Inc.(concurrent) Senior Executive Corporate Officer, Hakuhodo DY Media Partners Inc., has been appointed as Representative Senior Corporate Officer, CFO, Corporate Officer, CFO, Hakuhodo Inc.(concurrent) Senior Executive Corporate Officer, Hakuhodo DY Media Partners Inc. Hirokazu Toda, currently Representative Director & Chairman Director & Chairman, Hakuhodo Inc., has been appointed as Director & Chairman, Director & Chairman, Hakuhodo Inc.