Kura Sushi USA, Inc. announced that effective upon the completion of the IPO on August 5, 2019, the company appointed Shintaro Asako as a member of the Company’s Board of Directors. In connection with his appointment, Mr. Asako was also appointed to serve as a member of each of the Compensation Committee and Audit Committee of the Board. The Board has determined that Mr. Asako meets the definition of an “independent director” for the purposes of serving on an Audit Committee under applicable Securities and Exchange Commission and Nasdaq Stock Market rules and qualifies as an “audit committee financial expert,” as such term is defined in Item 407 of Regulation S-K.