Chilled & Frozen Logistics Holdings Co., Ltd. announced In light of the Offer, C&F resolved to establish the special committee (the Committee) at the Board of Directors on April 1, 2024 to give sincere consideration to the Offer and other competing proposals, if any, ensuring fairness and transparency, based on `Guidelines for Corporate Takeovers' announced by Ministry of Economy, Trade and Industry in August 31, 2023. Shiro Toba: October 1989 Joined Chuo Shinko Audit Corporation, July 1991 Joined Chuo Coopers & Lybrand International Tax Office (current PwC Tax Japan), January 1994 Joined Chuo Audit Corporation, January 1997 Representative of Toba Public Accounting Office (current position), April 2004 Director of Majestic Inc. (current position), January 2005 Representative Director of Minori Accounting Co., Ltd. (current position), May 2005 Supervisory Director of Kenedix Realty Investment Corporation (currently Kenedix Office Investment Office) (current position), June 2005 Audit and Supervisory Board Member of Skymark Airlines Inc. May 2009 Director of Keystone Partners Co., Ltd. (current position), June 2019 Outside Director (Audit and Supervisory Committee Member) of C&F (current position). Yoshiyuki Wada: April 1974 Joined Chuo Coopers & Lybrand Accounting Office, June 1977 Joined Audit Corporation Chuo Accounting Office, September 1978 Registered as a Certified Public Accountant, August 1985 Inaugurated as a staff of Audit Corporation Chuo Accounting Office, June 1988 President of Audit Corporation Chuo Accounting Office, July 2000 General Manager, Business Development Department of ChuoAoyama Audit Corporation, May 2003 Director in charge of Business Development of ChuoAoyama Audit Corporation, August 2007 Joined Taiyo ASG Audit Corporation (currently Grant Thornton Taiyo LLC) President of Taiyo ASG Audit Corporation, June 2015 Outside Director of Forval Telecom Inc. (current position), December 2015 Outside Director of Career Design Center Co., Ltd. (current position), August 2016 President of Wada Accounting Office (current position), September 2017 Outside Director of ZERO CO., LTD. (current position), April 2021 Outside Auditor of KURIBAYASHI STEAMSHIP Co., Ltd. (current position), January 2022 Representative Director of KIC Co., Ltd. (current position).