SOMPO Holdings, Inc. announced that the board of directors of the company has resolved on March 26, 2024 to appoint one of its outside directors as the chairman of the Board. New Chairman of the Board: Kazuhiro HIGASHI (Outside Director); Effective Date of appointment is April 1, 2024. Kazuhiro HIGASHI (Date of Birth: April 25, 1957): Apr.

1982 Joined Saitama Bank Ltd. (now Resona Group); Jun. 2005 Outside Director of Resona Trust & Banking Co. Ltd.; Jun.

2009 Director, Deputy President and Executive Officer of Resona Holdings, Inc.; Apr. 2011 Director, Deputy President and Representative Executive Officer of Resona Holdings, Inc.; Apr. 2012 Representative Director, Deputy President and Executive Officer of Resona Bank, Limited; Apr.

2013 Director, President and Representative Executive Officer of Resona Holdings, Inc., Representative Director, President and Executive Officer of Resona Bank, Limited; Apr. 2017 Chairman of the Board, President and Representative Director of Resona Bank, Limited; Jun. 2017 Chairman of Osaka Bankers Association; Nov.

2017 Vice Chairman of The Osaka Chamber of Commerce and Industry (current position); Apr. 2018 Chairman of the Board, President and Representative Director, Executive Officer of Resona Bank, Limited; Apr. 2020 Chairman and Director of Resona Holdings, Inc., Chairman and Director of Resona Bank, Limited; Jun.

2020 Director of the Company (current position); Jun. 2021 Director of Honda Motor Co. Ltd. (current position).