ユナイテッドアローズ（7606） – Notice Concerning Changes in Directors, Executive Officers and Organization

March 25, 2022 Notice Concerning Changes in Directors, Executive Officers and Organization UNITED ARROWS LTD. hereby announces that the Company has drastically reviewed its management structure and decided to implement the following director and executive officer changes, organizational reform on April 1, 2022. 1. Change in Directors New Title Name Current Title Director, Executive Vice President, COO Tatsuya Kimura Director, Managing Executive Officer CHRO * Hiroyuki Higashi Director, Executive Vice President and COO, responsible for Sales Support Division Director, Executive Managing Officer, CHO, responsible for Human Resources Divisions *CHRO: Chief Human Resource Officer 2. Change in Executive Officers New Title Name Current Title Executive Officer, CCO *1 Hisashi Takayama Executive Officer, General Manager, Outlet Division Executive Officer, CMO *2 Kazuyasu Tanaka Executive Officer, CCO *3 Shinya Matsumoto Executive Officer, General Manager, Sales Management Division Executive Officer, CCO Chief Creative Officer Executive Officer, CDO *4 General Manager, Marketing Division Yoshiaki Fujihara Executive Officer, CDO General Manager, Digital Transformation Promotion Center Satoshi Tan Executive Officer, General Manager, CEO’s Office Executive Officer, CSO *5 General Manager, Corporate Strategy Division *1 CCO: Chief Customer Officer *2 CMO: Chief Merchandising Officer *3 CCO: Chief Creative Officer *4 CDO: Chief Digital Officer *5 CSO: Chief Sustainability Officer 3. Organizational reform Background, purpose and overview of the organizational reform The current medium-term management plan, which ends in the fiscal year ending March 31, 2023, focuses on “Drastically review the revenue structure ” and “Regain earnings power.” On the other hand, against the background of rapid changes in the times, new challenges have been identified, such as room for further improvement of the organizational structure of the headquarters, personnel measures, and inventory efficiency as well as profitability improvement of main businesses and further promotion of OMO. The Company will conduct a large-scale organizational reform with the aim of addressing these challenges as well. As to the sales sector, the Company will switch from the existing business unit system to the functional division system, and reorganize the sector into the CX GROUP*, which focuses on sales, the CREATIVE GROUP, which aims to improve product appeal, and the DX Group, which promotes DX and OMO. The purpose of this reorganization is to enhance the expertise of each group and improve operational efficiency by identifying and sharing common operations in each area. Additionally, the Company will introduce the chief officer system, under which each executive officer is in charge of a clearly defined area and takes company-wide responsibility for a field. *CX GROUP: Customer transformation Group .tpeDXC .tpeD ygearttS seaSl.tpeDXC .tpeD ygearttS seaSl.tpeDXC .tpeD ygearttS seaSlnoitarepOeroSt treneC.tpeD sworr AdetinU.t tpeDhuoY& ytuaeB ignxaeRl l ebaLneerG.tpeD.tpeD sworr AdetinUignxaeRl l ebaLneerG.tpeD.tpeD rewarDtinU ssensuBi llamS.tpeD dnahcraeseRtreneC tnempoeveDl.tpeDgn itekraM latiigDecremmoC latiigD.tpeDecremmoCE-.tpeD tnempoeveDlmroftli aPecvreST I.tpeDnoitamrofsnarT latiigDtreneC troppuS.tpeD teltuO.tpeD troppuS tcudorP.tpeD lortnoC ytilauQ.tpeD scitsgoLi.tpeDmro ftl aPDMissensuB saesrevO.tpeD tnempoeveDl.t tpeDhuoY& ytuaeB iignsdnahcreM snemoW’.vDi.ti peDgnsitrevdA / RPi.vDgn itekraMignxaeRl l ebaLneerGi.vD seaSliignsdnahcreM sneM’.vDiii.vD ssensuBdnarB i.vDno itluoST IinahC yppuSl.vDi tnemeganaMlseaS sworr AdetinU.vDi thuoY& ytuaeBi.vD seaSlPrivate Service DeskCX GROUPCREATIVE GROUPDX GROUPHuman Resources Dept.Human Resources Div.Finance and Accounting Dept.Sustainability Dept.Corporate strategy Div.Corporate Planning Dept.Investor Relations Dept.Customer Service OfficeAdministration Div.Budget Control Dept.General Affairs and Legal Dept.Risk Management and Compliance Dept.PresidentInternal Audit Office