SPARX Group Co., Ltd. announced that Mr. Masatoshi Fukami will retire from directorship at the conclusion of the Ordinary General Shareholders' Meeting scheduled for June 7, 2024, due to expiration of his term of directorship, after being appointed director of Japan Monozukuri Mirai Fund portfolio company, IJTT Co., Ltd., at its extraordinary general shareholders' meeting scheduled for April 26, 2024. Mr. Kazuyoshi Kimura, as Outside Director and Audit and Supervisory Committee Member, will retire from directorship at the conclusion of the Ordinary General Meeting of Shareholders scheduled for June 7, 2024, due to expiration of his term of directorship. Furthermore, ther terms of Ms. Kimie Morishita, another Outside Director and Audit and Supervisory Committee Member, will continue through the conclusion of the 36th Ordinary General Meeting of Shareholders, which is scheduled to be held in 2025.