At its Board of Directors Meeting held on February 22, 2024, MODEC, Inc. decided on the following changes for its Executive Officers effective as of March 27, 2024. The company promoted Takeshi Kanamori as Chairman Executive Officer, currently President, Hirohiko Miyata as President, currently Executive Vice President, Assistant to the President, Yasuhiro Takano as Executive Vice President, Head of Human Resources, currently Senior Executive Managing Officer, Group CFO (Chief Financial Officer). Osamu Toriumi to Senior Executive Managing Officer, CCO (Chief Compliance Officer), Head of Legal, currently Executive Managing Officer, CCO (Chief Compliance Officer), Head of Legal.

Ryo Suzuki to Executive Managing Officer, General Manager of Finance, Department, currently Executive Officer, General Manager of Finance Department. The company also appointed Tomomi Yasuzane as Executive Officer and Shichiro Kambe, as Executive Officer Deputy COO.