Iwatani Corporation informally decided on the following changes in members of the board to be proposed at the Annual General Meeting of Shareholders to be held in late June 2024. The company announced that it has decided on the promotion of member of the board, as well as the changes and promotions of executive officers. Retiring Member of the Board: Makoto Horiguchi - current as Member of the Board, Vice President.

As of late June 2024 - Senior Associate Director Chairman of Higashi-Nippon Iwatani Gas Corporation and President of Kashima L.P.G. Joint Stockpiling Co.,Ltd. Promotion of Member of the Board: Current: Member of the Board, Senior Managing Officer to Member of the Board, Vice President, as of April 1, 2024. Changes in Executive Officers: Satoshi Takechi - Current: Senior Associate Officer, As of April 1, 2024: Executive Officer. Hidehisa Horiuchi - Current: Senior Associate Officer, As of April 1, 2024: Executive Officer.

Tomoji Iwakami: Current: Senior Associate Officer, As of April 1, 2024: Executive Officer. Taro Miyamoto: Current: Senior Associate Officer, As of April 1, 2024: Executive Officer. Retirement of Executive Officers: Makoto Horiguchi- Current: Member of the Board, Vice President, As of April 1, 2024: Member of the Board (Non Executive).

Chairman of Higashi- Nippon Iwatani Gas Corporation and President of Kashima L.P.G. Joint Stockpiling .,Ltd. Hirofumi Uchida: Current: Executive Officer, As of April 1, 2024: Planning Group Leader of Japan LP Gas Association. Promotion of Executive Officers: Hiroyuki Yano: Current- Managing Officer, as of April 1, 2024: Senior Managing Officer; Hisayuki Shimizu: Current- Managing Officer, as of April 1, 2024: Senior Managing Officer. Tomohiko Takehana: Current: Executive Officer, As of April 1, 2024: Managing Officer.

Takeshi Nakada: Current: Executive Officer, As of April 1, 2024: Managing Officer. Kunihiko Koike: Current: Executive Officer, As of April 1, 2024: Managing Officer. Naoki Wada: Current: Executive Officer, As of April 1, 2024: Managing Officer.

Kazutaka Yokoya: Current: Executive Officer, As of April 1, 2024: Managing Officer.