RAKSUL INC. announced that, at the Board of Directors meeting held, it was resolved to change the representative director as announced on July 20, 2023 in "Notice of Personnel Change of Representative Director and New Management Structure." Yasukane Matsumoto, who has been launching numerous businesses since founding the Company, will resign from the position as the Company's representative to focus more on the Josys business leveraging his strengths, and will strive to maximize the value of group. Details of the Personnel Change: Yasukane Matsumoto, Current position: Representative Director and Chairman. New position: Director and Chairman.

Date of Personnel Change: October 26, 2023.