METAWATER Co., Ltd. Announced that, with respect to the "Changes of Representative Directors" and "Prospective members of the Board and Election of Executive Officers" announced on March 26, 2021, the Company held its 48th Ordinary General Meeting of Shareholders on June 22, 2021, and the elections of 7 Directors and 1 Audit and Supervisory Board Member were approved. The Board of Directors subsequently elected Representative Directors and titles of Board Members. In addition, the Company also announced changes to the positions and duties of Executive Officers on June 22, 2021, as follows. Changes to Officers: Director: Yasushi Nakamura, Chairman and Representative Director; Kenji Yamaguchi, President and Representative Director; Akira Kato, Director; Noboru Okuda, Director; Kaoru Aizawa, Outside Director; Fumiko Kosao, Outside Director; Tsuneo Tanai, Outside Director. Audit and Supervisory Board Members: Shigeru Hatsumata, Audit and Supervisory Board Member (not re-elected). Yasushi Nakamura appointed as Chairman and Executive Officer and Kenji Yamaguchi as President. Changes to the duties of Executive Officers: Yasushi Nakamura Public Relations; Kenji Yamaguchi Responsible for Business Execution; Masahiro Takagi, Executive General Manager, Business Strategy Division Responsible for WBC Center; Susumu Kadowaki, Executive General Manager, Sales & Marketing Division.