Notice of Change of Representative Director and President at Tokyu Power Supply Co., Ltd.

Tokyu Power Supply Co., Ltd. (hereinafter "the Company") announces that at the Board of Directors meeting held today, it resolved to change its Representative Director and President as follows.

(1) Details of Change
Name | New Position | Former Position
Kenji Murai | Director | Representative Director and President
Kazuhide Miyo | Representative Director and President | Representative Director

(2) Brief History of the New Representative Director and President
March 1994: Completed graduate studies at the Graduate School of Agricultural and Life Sciences, The University of Tokyo
April 1994: Joined Tokyo Corporation (currently Tokyu Corporation)
April 2016: General Manager of Security Quality Department and General Manager of Corporate Management Department, Tokyu Security Co., Ltd.
October 2018: Director and General Manager of Corporate Management Headquarters, Tokyu Security Co., Ltd.
April 2019: General Manager, Future Design Lab, Tokyu Corporation
October 2022: General Manager, Human Resources Development Group, Human Resources Strategy Office, Tokyu Corporation
April 2024: General Manager, Smart Green Business Promotion Group, Social Infrastructure Business Division, Tokyu Corporation; Director, Tokyu Power Supply Co., Ltd.
April 2025: Representative Director, Senior Managing Executive Officer, and General Manager of Corporate Management Office, Tokyu Power Supply Co., Ltd.
April 2026: Appointed Representative Director and President, Tokyu Power Supply Co., Ltd.

(3) Date of New Structure Launch
Wednesday, April 1, 2026

Since its founding in October 2015 and the launch of its electricity services in April 2016, under the corporate slogan "New life experiences, together with energy," the Company has played a role in the Tokyu Group by supporting safe and comfortable living through the long-term provision of essential services for customers' lives. Taking the opportunity of the 10th anniversary of the launch of electricity services in April 2026, we have decided to transition to a new management structure to accelerate sustainable growth and business diversification with an eye on the next 10 years.

The Company will continue to consider new relationships between energy and daily life, and propose convenient and economical smart living. We ask for your continued support.