Kumagai Gumi Co. Ltd. announced that at a meeting of the Board of Directors held on, February 13, 2024, it decided to make the following changes to its Representative Directors as follows. Reason for the change: In April 2024, the current midterm management plan that the Company has been working on under the slogan of untiring commitment toward sustained growth will expire and a new midterm management plan will be initiated.

Marking a major milestone, the Company decided to revamp the management system in order to accelerate ongoing initiatives and seek further stabilization and the diversification of its earnings base. Details of the change: Scheduled to take office as of April 1, 2024, President and Representative Director, Shin Ueda, (Current Director and Senior Managing), Representative Director Executive Officer and Deputy President, Koji Okaichi (Current Director and Senior Managing Executive Officer). Scheduled to retire as of March 31, 2024, President and Representative Director Executive Officer and President, Yasunori Sakurano (Scheduled to be the Chairperson of the Company as of April 1, 2024), Representative Director Executive Officer and Deputy President, Yoshihiko Kato (Scheduled to be the Director of the Company as of April 1, 2024), Representative Director Executive Officer and Deputy President, Yoshiaki Ogawa, (Scheduled to be the Director of the Company as of April 1, 2024).

Both Yoshihiko Kato and Yoshiaki Ogawa are scheduled to resign as directors in late June 2024. Shin Ueda Date of birth December 23, 196162 years old, Academic background March 1984 Graduated from Department of Architecture, Faculty of Science and Engineering, Waseda University, Career background: April 1984 Joined the Company April 2014 Executive Officer of the Company, April 2014 Deputy General Branch Manager of the Metropolitan Branch of the Company, April 2014 General Manager of the Architectural Management Division of the Metropolitan Branch of the Company, April 2017 Managing Executive Officer of the Company, April 2017 General Branch Manager of the Metropolitan Branch of the Company, April 2020 Senior Managing Executive Officer of the Company (current), April 2021 General Manager of the Architectural Management Division of the Company (current), June 2021 Director of the Company (current). Koji Okaichi Date of birth April 3, 196063 years old, Academic background March 1984 Graduated from Department of Civil Engineering, Faculty of Engineering, Kyoto University.

Career background: April 1984 Joined the Company April 2016 Executive Officer of the Company April 2016 Joint General Manager of the Civil Engineering Management Division of the Company April 2016 General Manager of Civil Engineering of the Civil Engineering Management Division of the Company April 2017 General Branch Manager of the Kansai Branch of the Company April 2018 Managing Executive Officer of the Company April 2019 General Manager of Kansai Dream Project Office of Kansai Branch of the Company April 2020 Senior Managing Executive Officer of the Company (current) April 2021 General Manager of the Civil Engineering Management Division of the Company (current) April 2021 General Manager of the Railway Project Promotion Division of the Civil Engineering Management Division of the Company (current) June 2021 Director of the Company (current).