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
Katsumi Nakamura [Reason for Election]
Mr. Katsumi Nakamura has many years of experience as a technician and executive in the global automobile industry,which has exhibited leadership in the field of cutting-edge technologies. His business management knowledge and manufacturing experience 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 continuously elected as a Outside Director.

[State of Major Posts Held Concurrently]
Inabata & Co., Ltd. /Outside Director
Kansai Airports/Outside Director (Member of the Audit and Supervisory Committee)
The Black Stone Group L.P./Senior Advisor

[Attendance at board meetings April 2018 to March 2019]
12 out of 12 meetings
Takashi Hirai [Reason for Election]
Mr. Takashi Hirai has many years of experience working as a consultant in a consulting firm operating internationally and experience as an executive in business companies in Japan and the United States, in addition to experience in development of global human resources at a graduate school of corporate management. He has been continuously elected as a Outside Director as his experience is deemed necessary for the formulation and implementation of the Company’s corporate strategies, in addition to fair and objective decision-making and oversight.

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

[Attendance at board meetings April 2018 to March 2019]
12 out of 12 meetings
Koji Osawa [Reason for Election]
Mr. Koji Osawa, after working at a general trading company, was engaged in venture capital fund management for many years in Silicon Valley. In addition to knowledge related to discovering and developing new businesses, he is deeply knowledgeable with regard to cutting-edge technologies such as IoT, and, as a fund manager, is able to objectively evaluate and oversee businesses. He is elected as a Outside Director as his experience is deemed necessary for the Company’s development.

[State of Major Posts Held Concurrently]
Global Catalyst Partners L.P./Managing Principal & Co-Founder
Global Catalyst Partners Japan/Managing Director & Co-Founder

[Attendance at board meetings April 2018 to March 2019]
Newly assigned at June 2019 − out of − meetings

Reasons for Election of Outside Corporate Auditors

Name Independent
Officer
Reason for Election/State of Major Posts Held Concurrently
Kiyohito Hamada [Reason for Election]
Mr. Kiyohito Hamada has been elected as Outside Corporate Auditor as his knowledge as a certified public accountant for many years, and experience related to tax matters and M&A are deemed beneficial to the appropriate governance and risk management of the Company.

[State of Major Posts Held Concurrently]
Yotsuba-sogo Accounting Office/Partner Medical Data Vision Co., Ltd. /Outside Corporate Auditor
SOU Inc. /Outside Audit & Supervisory Board Member
Convano Inc. /Outside Director

[Attendance at board meetings April 2018 to March 2019]
11 out of 12 meetings
[Attendance at Board of Corporate Auditors' meetings April 2018 to March 2019]
11 out of 11 meetings
Eiko Hakoda   [Reason for Election]
Ms. Eiko Hakoda has more than 25 years of knowledge and experience of corporate legal matters, particularly with respect to the financial aspect of global transactions as well as corporate governance. She has been elected as a Outside Corporate Auditor as her knowledge and experience is deemed beneficial to drafting of the Company’s capital strategy, risk management in M&A, and further strengthening our business foundation as a global company in the future.

[State of Major Posts Held Concurrently]
Mori Hamada & Matsumoto/LPC Partner

[Attendance at board meetings April 2018 to March 2019]
Newly assigned at June 2019 − out of − meetings
[Attendance at Board of Corporate Auditors' meetings April 2018 to March 2019]
Newly assigned at June 2019 − out of − meetings

(as of June 21, 2019)