Roland Corporation announced that the Company made the following change of CEO at the Board of Directors Meeting held on 9 May 2024. Gordon Raison, Representative Director and CEO of the Company, has tendered his resignation as CEO effective June 30, 2024, for personal reasons. In response, the Company's Board of Directors resolved to select Masahiro Minowa, Representative Director, COO and CIO, as CEO.

Mr. Raison deeply promoted globalization of the Company by building a structure which allowed Japan Headquarters and overseas subsidiaries to work strongly together, enabling the Company to function organically as "One Roland". With his leadership experience in Sales, he brought a transformation strategy to the Company objective of becoming "Marketing Driven Company", which former CEO, Mr. Miki also had worked to achieve. He brought a success in the acquisition of Drum Workshop through his network as a non- Japanese CEO, and built the foundation of future growth of the Drums & Percussion business of Roland.

Through outstanding communication skills, he built trust and confidence in the securities market in the Company's performance and prospects. As a future CEO, Mr. Minowa has been in charge of the technology and marketing divisions as Director and CIO since March 2022, and expanded his management responsibilities as Representative Director COO and CIO in March 2024. New Position (Representative Director CEO, CIO) Scheduled Date of Appointment: July 1, 2024.

Career Summary of New Representative Director CEO and CIO: Name Date of birth: Masahiro Minowa Date of birth: December 21, 1972. Career summary: April 1996 - Joined Roland Corporation, January 2016 - General Manager, RPG Company Planning Dept., September 2017 - Executive Officer, RPG Company President, January 2018 - Executive Officer, RPG Development Division, March 2022 - Director, CIO, March 2024 - Representative Director, COO, CIO (current).