Tower Records Inc. Officer Appointments

Tower Records Inc. (Head Office: Shibuya-ku, Tokyo / President and CEO: Ikuo "Ikuo" Waki) announces that the following officer appointments were decided at the Extraordinary General Meeting of Shareholders and Board of Directors held on Tuesday, June 30, of this year.

<Retiring> (As of June 30)

Hiroyuki Watanabe, Auditor

<Appointed> (As of July 1)

Kayoko Shirakawa, Director

Kunihiko Hayashi, Auditor

Haruyuki Nakayama, Auditor

Masayuki Muto, Executive Officer

End

Tower Records Inc. / Tower Records Japan Inc.

Address: Head Office: 1-22-14 Jinnan, Shibuya-ku, Tokyo Heiwajima Office: JS Progress Bldg. 7F, 4-1-23 Heiwajima, Ota-ku, Tokyo Product Center: Heiwajima PD Center 6F, 1-2-30 Heiwajima, Ota-ku, Tokyo Founded: August 1979 Established: December 1981 Capital: 100 million yen

◇ Retail Distribution Business - Sales of music software, video software, books, magazines, miscellaneous goods, tickets, etc. at Tower Records, Tower Records Mini, and Tower Records Online. - Operation of a marketplace on Tower Records Online. - Import and wholesale of music and video software. - Purchase and sale of used records. - Planning, manufacturing, and sales of miscellaneous goods, apparel, etc. ◇ Music Production/Copyright Management and Operations Business - Operation of music labels. - Artist management. - Copyright management of music and literary works, and production of master recordings. ◇ Food and Beverage Business - Planning and operation of the entertainment cafe "TOWER RECORDS CAFE". - Planning and operation of the beer bar "TOWER RECORDS BEER".

<Directors> President and CEO: Ikuo Waki Representative Director: Saori Miyahara Director (CFO/CIO): Hiroshi Seto Director: Hisashi Nakagome Director: Kayoko Shirakawa Director: Hideo Suetsugu Director: Nobuhiko Goto Director: Kazunori Takagi

<Auditors> Auditor: Kunihiko Hayashi Auditor: Haruyuki Nakayama

<Executive Officers> Executive Officer: Nobutomo Kagemori Executive Officer: Yuki Kaneko Executive Officer: Takashi Marui Executive Officer: Masayuki Muto

<Number of Stores> 73 stores (Tower Records: 55 stores, Tower Records Mini: 7 stores, TOWER VINYL: 2 stores, TOWER RECORDS CAFE: 8 stores, TOWER RECORDS BEER: 1 store) Online stores: 3 stores (Tower Records Online, Tower Records d Shopping Store, Tower Records Yahoo! Store) As of July 1, 2026

<Total Number of Employees> 1,415 (including 574 regular employees) As of February 2026

<Financial Institutions> MUFG Bank, Mizuho Bank