Z : Notice Regarding the Reappointment of Directors

May 18, 2021

To whom it may concern

Z Holdings Corporation Kentaro Kawabe

President and Representative Director, Co-CEO Stock Code: 4689

Notice Regarding the Reappointment of Directors

Z Holdings Corporation (the "Company") hereby announces that its board of directors resolved, at the meeting held on May 18, 2021, to submit a proposal to reappoint all of the directors whose terms of office expire at the conclusion of the ordinary general meeting of shareholders scheduled to be held on June 18, 2021, to the said general meeting of shareholders. Details are as follows.

1. Candidates for directors (excluding those serving on the Audit and Supervisory Committee)

	Current title		Name
	President and Representative Director		Kentaro Kawabe	Reappointment
	Co-CEO
	Representative Director		Takeshi Idezawa	Reappointment
	Co-CEO
	Director		Jungho Shin	Reappointment
	GCPO（Group Chief Product Officer）
	Director		Takao Ozawa	Reappointment
	Senior Managing Corporate Officer
	Director		Jun Masuda	Reappointment
	Senior Managing Corporate Officer
	Director
	Senior Managing Corporate Officer		Taku Oketani	Reappointment
	GCSO（Group Chief Synergy Officer）
2. Candidate for director serving on the Audit and Supervisory Committee
	Current title		Name
	Director		Yoshio Usumi		Reappointment
	(Full-time Audit and Supervisory Committee
	Member)
	(Note)

The Company has registered Mr. Yoshio Usumi as an independent director in accordance with the provisions of the Tokyo Stock Exchange, Inc.

Disclaimer

This is an English translation of the captioned release. This translation is prepared and provided for the purpose of the reader's convenience. All readers are recommended to refer to the original version in Japanese of the release for complete information.