kito global

Investor Relations

Outside Directors. Corporate Auditors

Active Appointment of “Professionals” of high expertise as outside officers for decisionmaking utilizing external
viewpoints and enhancement of supervision of management

Reason for Election of Outside Directors

Name Independent
Officer
Reason for Election/State of Major Posts Held Concurrently
Keizo Tannnawa [Reason for Election]
Based on his long period of insight into the consulting firms handling mainly the organization and personnel matters and on his experience in leading the firms as their executive for a long time, Mr. Tannnawa provides the Company with appropriate opinions concerning its management. He has been elected as an outside director of the Company with the aim of maintaining fair and objective decisionmaking at and supervision of the meetings of the Board of Directors.

[State of Major Posts Held Concurrently]
Advisor, beBit Inc.
Outside director (Audit & Supervisory Committee Member), Invast Securities, Co., Ltd.
Outside corporate auditor, Akebono Brake Industry Co., Ltd.
Outside corporate auditor, ZMP Inc.
Representative Director & Vice Chairman, Public interest incorporated foundation WWF Japan
Outside Director, TSUBAKI NAKASHIMA Co., Ltd.
Outside Director, Livesense Inc.
Katsumi Nakamura [Reason for Election]
Mr. Katsumi Nakamura has many years of experience as a technician and executive in the multinational automobile industry. It is deemed that his knowledge is very beneficial for the Company as we aim for further growth. For this reason, as well as to ensure fair and objective decision-making and oversight, he has been elected as a candidate for Outside Director.

[State of Major Posts Held Concurrently]
Outside director, Inabata & Co., Ltd.
Outside Director, Kansai Airports
Takashi Hirai [Reason for Election]
Mr. Takashi Hirai has many years of experience working as a consultant in a consulting firm operating internationally, as well as experience as an executive in business companies in Japan and the United States. He has been elected as a candidate for Outside Director as his experience is deemed necessary for the formulation, implementation, and oversight of the Company's strategies.

[State of Major Posts Held Concurrently]
Professor of Graduate School of Business Sciences, MBA Program in International Business, University of Tsukuba
Visiting Professor of Graduate School of Business Administration, Keio University
Visiting Professor of Graduate School of Business and Finance, Waseda University

Reasons for Election of Outside Corporate Auditors

Name Independent
Officer
Reason for Election/State of Major Posts Held Concurrently
Masatoshi Yasunaga [Reason for Election]
Mr. Yasunaga has been elected as an outside corporate auditor of the Company as he is expected to make use of the ample experience and knowledge accumulated through his activities as an attorney at home and abroad to further enhance audits and the corporate governance of the Company.

[State of Major Posts Held Concurrently]
Partner, Hatazawa, Wakai, Yasunaga Law Office
Kiyohito Hamada [Reason for Election]
Mr. Hamada has been elected as an outside corporate auditor of the Company as he is considered, based upon his experience and knowledge as a certified public accountant, to be an extremely useful person to the Company in securing legality in the execution of its business.

[State of Major Posts Held Concurrently]
Accounting Partner, Yotsubasogo Accounting Office
Outside Cooperate Auditor, Medical Data Vision Co.,Ltd.
Outside Cooperate Auditor, SOU Inc.
Outside Director, Convano Inc.

(as of July 2, 2018)