Shiseido Company, Limited at its board meeting held on July 30, 2024, announced that, Masahiko Uotani will be retiring as chairman as of December 31, 2024 upon completion of his tenure as previously announced and he will be retiring as a director of the company at the conclusion of the Ordinary General Meeting of Shareholders scheduled for the end of March 2025. Effective January 1, 2025, Masahiko Uotani will act as a Senior Advisor for the Shiseido Group and, upon request by the management team, provide advice, support talent development, engage in external relations, etc. Kentaro Fujiwara redesignated from Director, Representative Corporate Executive Officer, President and COO to Director, Representative Corporate Executive Officer, President and CEO as of January 1, 2025.