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, who has abundant knowledge as a manager and an engineer in many years in the automobile industry, which is one of the key industries in Japan, and experience in manufacturing, is appropriate for us. We believe that he can advise, make recommendations, and supervise management from an independent and objective perspective.

[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 as a consultant in an international consulting firm, experience on the management team of a Japanese-US company, and has experience in global human resource development at a business school. We believe that he can appropriately advise and make recommendations regarding strategic planning, and that he will be independent and objective in supervising management.

[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 has long been involved in the management of venture capital funds in Silicon Valley, discovering and fostering new businesses, and has deep knowledge of cutting-edge technologies such as IoT. He will advise and make recommendations on acquiring advanced technology and supervise management in an independent, objective manner.

[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]
As a certified public accountant familiar with finance, M&A, accounting and taxation, Mr. Kiyohito Hamada has sufficient insight to govern corporate management, and we believe that he can conduct management monitoring independently and objectively.

[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 is a partner in the Mori, Hamada & Matsumoto law firm, familiar with corporate legal affairs, and we believe that she can independently and objectively monitor management.

[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)