Electric Power Development Co., Ltd. announced Hitoshi Kanno, President and CEO, has submitted his resignation from his positions as the Representative Director President for health reasons and will take new position as Special Counselor, and his resignation has been approved by the Board of Directors. Accordingly, he will step down effective as of March 31, 2026, and Hideaki Kato will be appointed as his successor as President. Hideaki Kato- After Change (as of April 1, 2026); Representative Director, President and Chief Executive Officer.

Before Change; Director, Executive Managing Officer. Date of Birth September 28, 1966, Brief Career History; March 1989 Graduated from the School of Economics, Kobe University. April 1989- Joined Electric Power Development Co., Ltd. June 2017- Department Director of Corporate Planning & Administration Dept.

April 2021- Executive Officer and Department Director of Corporate Planning & Administration Dept. April 2022- Executive Managing Officer and Department Director of Corporate Planning & Administration Dept. April 2023-Executive Managing Officer, June 2024- Director, Executive Managing Officer (current).