Announcement Regarding the Change of Representative Director and President of Tokyu Power Supply Co., Ltd.

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

(1) Details of the Change

Name

New Position

Old Position

Kenji Murai

Director

Representative Director and President

Kazuhide Oyo

Representative Director and President

Representative Director

(2) Brief Biography of the New Representative Director and President

March 1994

Completed Master's degree, Graduate School of Agricultural and Life Sciences, University of Tokyo

April 1994

Joined Tokyu Corporation (formerly Tokyu Electric Railway Co., Ltd.)

April 2016

Manager of Security Quality Department and Manager of Management Control Department, Tokyu Security Co., Ltd.

October 2018

Director and Head of Management Control Division, the same company

2...