アダストリア（2685） – Notice of the election of candidates for the Directors and Auditors and appointment of Executive Officers

Translation To whom it may concern March 18, 2022 Company name: Adastria Co., Ltd. Representative: Chairman of the Board Michio Fukuda Stock code: 2685 Listing: Contact: TEL: TSE 1st Section Senior Vice President, Head of Corporate Planning Office 03－5466－2060 Itsuo Iwakoshi Notice of the election of candidates for the Directors and Auditors and appointment of Executive Officers The Company announced that its Board of Directors resolved to appoint candidates for the Directors, Auditors and to appointment of Executive Officers on February 15 and March 18, 2022. The appointment of Directors and Auditors will be officially decided by a resolution of the Annual General Meeting of Shareholders scheduled on May 26, 2022. 1. New Directors and Auditors (May 26, 2022) (1) Candidates for the new Directors and Auditors Name Koichi Mizutome Tatsuhiro Matsuoka Kazuo Nishiyama Wataru Maekawa New position Outside Director Outside Director Outside Director Outside Auditor The appointment will be formalised by a resolution of the Annual General Meeting of Shareholders scheduled on May 26, 2022. 1 (2) Biography of New Director candidates Name Koichi Mizutome Date of Birth January 26, 1968 Career Apr. 1991 Joined Dentsu Inc. (currently, Dentsu Group Inc.) summary Feb. 1996 Joined Andersen Consulting (currently, Accenture PLC) Apr. 2000 Joined Roland Berger Strategy Consultants (Japan Office) (“Roland Berger”) Jan. 2005 Representative Director, Roland Berger Oct. 2009 Managing Director, Enterprise Turnaround Initiative Corporation of Japan (currently, Regional Economy Vitalization Corporation of Japan) Dec. 2010 Director and Executive Vice President, Japan Airlines Co., Ltd. Jun. 2013 Senior Managing Executive Officer, World, Co., Ltd. Feb. 2015 President, Akindo Sushiro Co., Ltd. (“Akindo Sushiro”) Mar. 2015 President & CEO, Sushiro Global Holdings Ltd. (currently, FOOD & LIFE COMPANIES LTD.) (to present)(cid:13) Oct. 2015 Representative Director, Sushiro Creative Dining Ltd. (currently, FOOD & LIFE INNOVATIONS LTD.) (to present) Oct. 2019 Chairman, Akindo Sushiro (to present) Apr. 2021 Chairman and Director, Kyotaru Co., Ltd. (to present) Name Tatsuhiro Matsuoka Date of Birth August 8, 1972 Career Apr. 1998 Joined Nippon Advanced Technology Co., Ltd. summary Apr. 2001 Joined Arthur Andersen, LLP. (currently, PwC Consulting LLC) Aug. 2002 Transferred KPMG Consulting Co., Ltd.(currently, PwC Consulting LLC) Oct. 2008 Joined SIGMAXYZ Inc. (currently, SIGMAXYZ Holdings Inc.) Nov.2014 Information, Communications and media industry Managing Director, SIGMAXYZ Inc. Apr. 2015 Digital Force Managing Director, SIGMAXYZ Inc. Apr. 2017 National Institute of Advanced Industrial Science and Technology (AIST) Artificial Intelligence Research Centre, Research Advisor (to present) Apr. 2019 Senior Executive Officer, Head of Digital Sherpa and Chief Information Security Officer (CISO), SIGMAXYZ Inc. (currently, SIGMAXYZ Apr. 2020 Senior Executive Officer, Head of Industry Sherpa and Chief Information Holdings Inc.) Security Officer (CISO) Oct. 2021 Senior Executive Officer, SIGMAXYZ Inc. (to present) 2 Name Kazuo Nishiyama Date of Birth April 9, 1975 Career Jul. 2003 Joined Sony Corporation (currently, Sony Group Corporation) summary Apr. 2007 General Manager, Business Strategy Office, Chemical & Energy Apr. 2012 General Manager of Corporate Planning and Promotion Department , Sony Department, Sony Corporation Corporation Feb. 2014 Head of SRE Business Preparation Office, Sony Corporation Apr. 2014 President & Chief Executive Officer (Representative Director), Sony Real Estate Corporation (currently, SRE Holdings Corporation) (to present) Mar. 2018 Director, Management Sherpa Solution Co.,Ltd. Oct. 2018 President & Chief Executive Officer (Representative Director), SRE AI Partners Corporation (to present) Dec. 2021 Director, SRE Asset Management Ltd. (to present) (3) Biography of New Auditor candidates Name Wataru Maekawa Date of Birth February 10, 1950 Career May. 1980 Registered as a Lawyer (Dai-Ichi Tokyo Bar Association） summary Jan. 1998 Established Maekawa Law Firm, Director May. 2003 Outside Auditor, POINT INC. (currently, Adastria Co., Ltd.) Apr. 2004 Vice Chairman, Dai-Ichi Tokyo Bar Association Mar. 2015 Outside Director, Keiyo Gas Co.,Ltd. (to present) Apr. 2020 Established Maekawa & Ito Law Firm, Director (to present) ※Following the resignation of auditor “Mariko Matsumura”, as described in section 2, the candidate is a candidate for the position of substitute auditor. The term of office of the candidate will be until the expiry of the term of office of the retiring auditor, as stipulated in the Company’s Articles of Incorporation. 2. Resignation of Directors (May 26, 2022) Outside Director Hideki Kurashige Outside Director Tadamitsu Matsui Outside Auditor Mariko Matsumura 3 3. Directors (March 1, 2022) Position Representative Director & Chairman President and Director Managing Director Managing Director (May 26, 2022) Position Representative Director & Chairman President and Director Managing Director Managing Director Director Outside Director Outside Director Outside Director Outside Director Standing Auditor Outside Auditor Outside Auditor Outside Auditor Director Outside Director Outside Director Outside Director Outside Director Outside Director Standing Auditor Outside Auditor Outside Auditor Outside Auditor Name Michio Fukuda Osamu Kimura Masayuki Kindo Yoshiaki Kitamura Taiki Fukuda Hideki Kurashige Tadamitsu Matsui Satoshi Akutsu Hiromi Horie Tsuyoshi Matsuda Kazuhiko Ebihara Yoshiko Hayama Mariko Matsumura Name Michio Fukuda Osamu Kimura Masayuki Kindo Yoshiaki Kitamura Taiki Fukuda Satoshi Akutsu Hiromi Horie Koichi Mizutome Tatsuhiro Matsuoka Kazuo Nishiyama Tsuyoshi Matsuda Kazuhiko Ebihara Yoshiko Hayama (New) (New) (New) The appointment will be formalised by a resolution of the Annual General Meeting of Shareholders scheduled on May 26, 2022. Wataru Maekawa (New) 4 Name Mamoru Oya Masatake Hayashi Hisahito Yamada 4. Executive Officers (March 1, 2022) Position Senior Executive Senior Executive Senior Executive Officer Officer Officer Officer Head of Value Chain Div. Head of Logistics Div. Head of Sales Office Senior Executive Head of Corporate Planning Itsuo Iwakoshi Executive Officer Head of R&D Div. Chiaki Kobayashi Executive Officer Head of niko and … Div. Executive Officer Head of Administration Div. Executive Officer Head of Marketing Div. Akira Hoshino Ryo Araya Junichi Tanaka Executive Officer Strategy Dept. Head of Digital Transformation Yuya Sakurai 5