Advance Logistics Investment Corporation ("ADL") announced that Tsuyoshi Dai, Supervisory Director of ADL, passed away on September 20, 2022 and retired from the position of Supervisory Director on the same date. The company announced that Kazuya Shimamura, who was appointed as a substitute supervisory director, will assume the position of Supervisory Director as of the same date. Kazuya Shimamura, the new Supervisory Director, was appointed as a Substitute Supervisory Director at 4th General Meeting of Unitholders of ADL held on April 27, 2022 and will assume the position as the new Supervisory Director upon the retirement of the current supervisory director, Tsuyoshi Dai.

The Career of the new Supervisory Director is as follows: October 1995 - Joined Deloitte Touche Tohmatsu LLC; April 1998 - Registered as a certified public accountant; October 2004 - Registered as an attorney; October 2004 - Joined Abe, Ikubo & Katayama; March 2008 - Established SHIMAMURA LAW & ACCOUNTING, becomes representative attorney (current position); June 2008 - Appointed as auditor (part-time) of Sodick Plustech Co.,Ltd.; July 2008 - Appointed as auditor (part-time) of 3-D Matrix Ltd.; July 2012 - Appointed as Board member (part-time) of 3-D Matrix Ltd. (current position); March 2014- Appointed as Board member (part-time) of Cosmo Bio Co.,Ltd.; June 2015 - Appointed as auditor (part-time) of IB System Co.,Ltd.; January 2017 - Appointed as auditor (part-time) of AZoom Co. Ltd. (current position); January 2017 - Appointed as Board member (part-time) of CAICA DIGITAL Inc. (current position); July 2018 - Appointed as substitute Supervisory Director of ADL; October 2019 - Appointed as Board member (audit and supervisory board member) (part-time) of Meiho Enterprise Co.,Ltd. (current position); March 2022 - Appointed as Board member (audit and supervisory board member) (part-time) of Cosmo Bio Co.,Ltd. (current position); September 2022 - Appointed as Supervisory Director of ADL (current position).