Re: Proposed Change of Directors

Press Release

5-1, NIHONBASHI 2-CHOME,CHUO-KU, TOKYO 103-6130 JAPAN

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(8616; PRIME Market, PREMIER Market)

May 23, 2022

Re: Proposed Change of Directors

Tokai Tokyo Financial Holdings, Inc. announces that the meeting of the Board of Directors held today decided to submit the proposal to the 110th Ordinary Shareholders' Meeting, requesting for the official approval therefrom. The proposal addresses the change as set out below regarding Directors, and the Ordinary Shareholders' Meeting is scheduled to be held on June 28, 2022.

1. Change of Directors (effective June 28, 2022)

1. Non-auditand Supervisory Committee Directors
2. • Reappointment of Directors

Tateaki Ishida	: currently Chairman and Representative Director
Ichiro Goda	: currently President and Representative Director
Hideaki Yamane	: currently Deputy President and Director
Tsunehiro Nakayama	: currently Outside Director
Hiroshi Fujiwara	: currently Outside Director

1. Audit and Supervisory Committee Directors
2. • Reappointment of Directors

Tetsuji Oono	: currently Director
Keisuke Inoue	: currently Outside Director
Joichi Yamazaki	: currently Outside Director
Ayako Ikeda	: currently Outside Director

(end)

Contact: [phone], Corporate Communications, Tokai Tokyo Financial Holdings, Inc.

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