AEON Credit Service (Asia) Company Limited announced that: (i) Mr. Tomoyuki Mitsufuji, a Non-executive Director and the Chairman of the Company, will not stand for re-election at the annual general meeting of the Company to be held on 26 June 2024 the "2024 AGM" and will retire at the conclusion of the 2024 AGM to free up time for his other management post in the AEON group. Upon retirement, Mr. Mitsufuji will cease to be the chairman of the Nomination Committee and a member of the Audit Committee and the Remuneration Committee of the Company; and(ii) Mr. Tomoharu Fukayama, an Executive Director of the Company, will not stand for re- election at the 2024 AGM and will retire at the conclusion of the 2024 AGM to fully focus on his latest management post in the AEON group. Upon retirement, Mr. Fukayama will cease to be a member of the Strategy Committee of the Company.

Each of Mr. Mitsufuji and Mr. Fukayama respectively confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company.