On September 28, 2023, Lead Real Estate Co. Ltd. held its 2023 general meeting of shareholders (the ?Meeting?). Upon the conclusion of the meeting, Mr. Masahiro Maki, reached the end of the term.

Mr. Masahiro Maki retired as an independent director and Audit and Supervisory Committee Member. The shareholders approved the appointment of Mr. Akiya Ueki as an independent director and Audit and Supervisory Committee Member. Mr. Akiya Ueki, age 67, served as an administrator at the Company from May 2023 to September 2023.

He served as a general manager of internal audit at Renewable Japan Co. from May 2021 to April 2023, and as a general manager of audit office at Tokyo Tatemono Real Estate Sales Co. Ltd. from July 2013 to April 2021.

Mr. Akiya Ueki obtained his Bachelor?s degree in Law from Tokyo University in 1979.