Frontier Management Inc. appointed Sumio Nishizawa to new positions Managing Executive Officer; General Manager of Business Development Department; General Manager, Osaka Branch; General Manager, Fukuoka Branch and Adviser of Frontier Capital Inc. from former positions Managing Director and Executive Officer; General Manager of Business Development Department; General Manager, Osaka Branch and Adviser, Frontier Capital Corporation. Shinji
Hikoe to new positions Executive Officers; Management Consulting Department; Deputy Head of Division; General Manager of Corporate Reform Department and Co-General Manager, Transaction Advisory Department from former positions Executive Officers; Management Consulting Department; Deputy Head of Division; General Manager of Corporate Reform Department and Professional Services department co general manager. Tomohiro Murata to new positions Executive Officers and Head of Industry Research Department from former positions Executive Officers. All the above effective from January 1, 2023.