Frontier Management Inc. announced that Mr. Nobumichi Hattori, who served as an Audit & Supervisory Board Member, will resign from the position, and in order to meet the statutory number of Audit & Supervisory Board Members, and also announced that Substitute Audit & Supervisory Board Member Ms. Hiroko Noda will be appointed as an Audit & Supervisory Board Member effective on December 31, 2023.