At the Board of Directors meeting of SBS Holdings, Inc. held on July 14, 2023, appointed executive officers and changed the nomination and compensation committee members as follows: Hidekazu Hoshi: Senior managing director. Responsibilities In charge of the President's Office and Internal Audit Division. Upon the appointment of Hidekazu Hoshi as Senior Managing Executive Officer of the Board of Directors, the Company will no longer satisfy the requirements for independent directors.

Accordingly, the Company will change the nomination and remuneration committee members as follows. Dismissal: Hidekazu Hoshi. Appointment: Yoshinobu kosugi.

Date of election: July 14, 2023.