Calbee, Inc. at the meeting of the Board of Directors held on December 22, 2022, resolved change in representative Director. Change in Representative Director (April 1, 2023): Reason for change: This change is intended to further strengthen and enhance the management structure to achieve sustainable growth and increase corporate value. Shuji Ito: New title: Director; Current title: President & CEO, Representative Director; Makoto Ehara: New title President & CEO, Representative Director; Current title: Executive Vice President & COO, Representative Director.

Shuji Ito will retire from the Director's post and is scheduled to be assigned as Corporate Advisor as of the upcoming Annual General Meeting of Shareholders in June 2023. Makoto Ehara: Date of birth: December 24, 1958; Career summary: April 1981 Joined Itochu Corporation; April 2001 Joined Johnson & Johnson K.K.; April 2008 Vice President, Business Development, Johnson & Johnson K.K.; March 2011 Joined Calbee Senior Executive Officer, Calbee; April 2011 President and Representative Director, Japan Frito-Lay Ltd.; April 2014 Senior Managing Executive Officer, Calbee and President and Representative Director, Japan Frito-Lay Ltd.; April 2015 Executive Vice President, Calbee; April 2019 Executive Vice President, Overseas Company President and Assistant to the President, Calbee; June 2019 Executive Vice President, Representative Director, Calbee; April 2022 Executive Vice President & COO, Representative Director, Calbee (current).