On November 17, 2023, Pixie Dust Technologies, Inc. announced that Yoshiyuki Sekine resigned as Chief Financial Officer of the Company, with immediate effect. Mr. Sekine?s decision to resign was not the result of any dispute or disagreement with the Company on any matter relating to the Company?s operation, policies (including accounting or financial policies) or practices. In connection with Mr. Sekine?s resignation, the Company?s Board of Directors appointed Mamoru Miwa to serve as the Company?s Chief Financial Officer (the ?CFO?), effective as of November 17, 2023.Mr. Miwa, age 38, has been responsible for the Company?s investor and shareholder relationships since August 2021 and served as a project manager for the Company?s recent initial public offering and Nasdaq listing.

Mr. Miwa has over a decade of accounting experience, and prior to joining the Company, he served as an audit manager at Deloitte Touche Tohmatsu LLC, Tokyo. Mr. Miwa graduated from Keio University in Tokyo, Japan in March 2008.