Title: Yasuda Warehouse Announces Appointment of Kazunari Ogawa as New President Starting April 1, 61-year-old Current Executive Officer, Former President Nobuyuki Fujii to Assume Role as Chairman – Ogawa’s Career Progression from Division Manager to Director since Joining in 1987 Acknowledged

On the 28th, Yasuda Warehouse announced the appointment of the current Executive Managing Director, Kazunari Ogawa, as the new President effective April 1st. The current President, Nobuyuki Fujii, will assume the position of Chairman with representative authority. Mr. Ogawa, 61 years old, joined the company in 1987 and has held various positions such as department manager before becoming a director in 2014.