Frontier Management Inc. appointed Shoichiro Onishi to Co-President and Executive Officer, Head of Management Consulting Department, Director of Frontier Management (Shanghai) Inc., Co-President of FCD Partners Inc. from Co-President, Head of Management Consulting Department, Director of Frontier Management (Shanghai) Inc., Co-President of FCD Partners Inc. The company also appointed Masahiro Matsuoka to Co-President and Executive Officer, Head of Corporate Strategy Department, Chairman of the Board of Frontier Management (Shanghai) Inc.,Co-President of FCD Partners Inc. from Co-President, Head of Corporate Strategy Department, Chairman of the Board of Frontier Management (Shanghai) Inc., Co-President of FCD Partners Inc. The company also appointed Yoshiaki Takahashi to Director from Director, Head of Company Strategy Department, Supervisor of the board of Frontier Management (Shanghai) Inc. The company also appointed Hiroaki Hamada to Executive Officer, Head of Company Planning and Administration Department, Co-Head of Company Planning Division, Co-Head of Administration Division, Supervisor of the board of Frontier Management (Shanghai) Inc. from Executive Officers, Deputy Head of Company Planning and Administration Department, Co-Head of Administration Division. The changes are effective from August 31, 2021.