Open Up Group Inc. announced management changes. Directors and Auditors Scheduled to Retire (Expected to retire at the conclusion of 19th Regular Shareholders' Meeting, scheduled for September 26, 2023): Name: Kenjiro Ogawa, New Position: Director; Name: Noriyuki Murai, New Position: Director; Name: Hiroaki Rokugawa, New Position: Outside Auditor. Hiroaki Rokugawa is a candidate for Outside Director (Audit and Supervisory Committee Member).

Noriyuki Murai will continue to serve as senior executive officer. Kenjiro Ogawa will continue to serve as executive officer.