Intelligent Wave Inc. announced that its board of directors, at a meeting held on March 9, 2023, decided on the following changes to its directors and executive officers. Changes of Directors as of 1 April 2023: Mitsue Sako, Director, Executive Officer, Director of 1st System Division as Director; Kazuma Okazaki, Executive Officer, Director of 3rd System Division; General, Manager of 3rd System Division as Executive Officer Director of 1st System Division; Director of 3rd System Division; General Manager of 3rd System Division.