Leadership of DNP

Kuroyanagi has general knowledge of financial accounting, including settlement and tax matters, built through many years of practical experience in the Company's accounting division, as well as extensive management experience in the DNP Group. Since being appointed as a Director of the Company, he has appropriately implemented financial strategies and capital policies aimed at the Group's sustainable business growth and medium- to long-term improvement of corporate value, and has also properly supervised the entire Group. Given his extensive experience and deep insight and knowledge, we have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Sugita has general knowledge of management accounting built through many years of practical experience in the Company's administrative division. He has also promoted collaboration with a wide range of stakeholders as head of the Company's CSR division and IR/PR division. Since being appointed as a Director of the Company, he has appropriately implemented PR/IR strategies aimed at the Group's sustainable business growth and medium- to long-term improvement of corporate value, and has also properly supervised the entire Group. Given his extensive experience and deep insight and knowledge, we have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Miyake has served as head of the research and development division in both the head division and business division, and has promoted reforms in procurement operations as head of the purchasing division. Since being appointed as a Director of the Company, he has appropriately implemented strategies for technology, research and development, and strengthening the supply chain, aimed at the Group's sustainable business growth and medium- to long-term improvement of corporate value, and has also properly supervised the entire Group. Given his extensive experience and deep insight and knowledge, we have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Nakamura has led our electronics business, having served in successive positions as head of the technology and manufacturing division in the electronics business and the research and development division at the head office, and as Representative Director of a joint venture with Kioxia Corporation that manufactures and sells photomasks for semiconductor manufacturing. He has extensive experience and deep insight and knowledge, and his service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

In addition to her experience in the research, planning and development division, and as our first female Corporate Officer and Director, Miyama has promoted human resource development and diversity and inclusion initiatives. Since being appointed as a Director of the Company, she has appropriately implemented strategies for human resource development and diversity and inclusion, aimed at the Group's sustainable business growth and medium- to long-term improvement of corporate value, and has also properly supervised the entire Group. Given her extensive experience and deep insight and knowledge, we have determined that her continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed her as a Director.

Kanazawa has served as manager of new business development using ICT and information security, and has promoted IT and digital transformation within the DNP Group. Since being appointed as a Director of the Company, he has appropriately implemented ICT strategies and measures to strengthen information security, aimed at the Group's sustainable business growth and medium- to long-term improvement of corporate value, and has also properly supervised the entire Group. Given his extensive experience and deep insight and knowledge, we have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Miyajima has a high level of insight as a legal expert, and broad experience gained from serving as an external director at other listed companies. Based on these experiences, since being appointed as a Director of the Company, he has provided appropriate advice to the Company's management from an objective perspective, independent of the management team responsible for the Company's business operations. We have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors, enhanced management transparency, and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Tamura has management experience at AGC Inc. and specialized knowledge of manufacturing through glass components and related materials, and has also served as an external director at other listed companies. Based on these experiences, since being appointed as a Director of the Company, he has provided appropriate advice to the Company's management from an objective perspective, independent of the executive management team responsible for the Company's business operations. We have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors, enhanced management transparency, and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Shirakawa has long been engaged in administrative divisions at Taisei Corporation, and after being appointed as a corporate officer, he held a number of key positions, drawing on his extensive experience; therefore has a high level of insight into management as a whole. Based on these experiences, since being appointed as a Director of the Company, he has provided appropriate advice to the Company's management from an objective perspective, independent of the management team responsible for the Company's business operations. We have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors, enhanced management transparency, and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

In addition to his deep insight into fields such as finance, capital markets, corporate governance codes, and business investment, Sugiura has practical experience at private companies and the Financial Services Agency. Based on these experiences, since being appointed as a Director of the Company, he has provided appropriate advice to the Company's management from an objective perspective, independent of the management team responsible for the Company's business operations. We have determined that his continued service on the Board of Directors will contribute to accurate management decision-making by the Board of Directors, enhanced management transparency, and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed him as a Director.

Kumahira has been active in a wide range of fields such as human resource development, organizational development, and diversity, drawing on her deep expertise in these areas. Her work includes supporting the advancement of women in the workplace and promoting diverse work styles at Showa Women's University Career College. She also has experience in corporate management including entrepreneurship and overseas business operations, as well as experience serving as an outside director at other listed companies. We have determined that her service on the Board of Directors will enable the Board to receive appropriate advice on our management from an objective perspective, independent of the management team responsible for the Company's business operations. We also believe that her participation will contribute to accurate management decision-making by the Board of Directors, enhanced management transparency, and appropriate oversight of the entire Group, in pursuit of the DNP Group's corporate philosophy. We have therefore appointed her as a Director.