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

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

(1) Details of the Change

Name New Position Former Position

Kenji Murai Director Representative Director and President

Kazuhide Mishiro Representative Director and President Representative Director

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

March 1994 Completed Graduate School of Agricultural and Life Sciences, The University of Tokyo

April 1994 Joined Tokyo Kyuko Electric Railway Co., Ltd. (currently Tokyu Corporation)

April 2016 General Manager of Security Quality Dept. and General Manager of Management Control Dept., Tokyu Security Co., Ltd.

October 2018 Director and General Manager of Management Control Division, Tokyu Security Co., Ltd.