Mr. Masato Nishimatsu has been a Senior Chief Officer of Business Management and Executive Officer at Aeon Co., Ltd. since March 2016. Mr. Nishimatsu served as an Executive Officer of Aeon Co. Ltd. since August 2008 and its Manager of Accounting Department since April 1996. He was an In charge, Group Corporate Management of Aeon Co., Ltd. since April 2009. He served as a Vice President of Aeon Co. Ltd., since August 21, 2008. Mr. Nishimatsu served as Senior Vice President of Aeon Co. Ltd. until August 21, 2008 and joined Aeon Co., Ltd. in March 1978 and served as its Section Chief, Accounting Section, Accounting Division, Corporate Management Headquarters since May 1989, Vice Chief of Accounting Division & Corporate Management Headquarters since October 1992, General Manager of Accounting Division, Corporate Management Headquarters since April 1996, Insurance Management Representative, Mycal Corporation since November 2001, Business Management Administrative Representative, for reorganization Mycal Corporation since December 2001 and General Manager, Corporate Management Headquarters since March 2002. He served as General Manager of Business Administration Division at Mycal Corporation since March 2002. Mr. Nishimatsu served as the Managing Director, for reorganization Mycal Corporation since October 2003, In charge, Administration and Chief, Administrator's Office since March 2005 and as Managing Executive Officer, Aeon Co., Ltd. since May 2007. He served as an External Director of MaxValu Hokkaido Co., Ltd. since May 2015. He has been Director at Aeon Retail Co., Ltd since October 2012 and The Daiei, Inc since February 2015. He served as Director at Aeon Co. Ltd. since May 2000. He served as an External Corporate Auditor at AEON Financial Service Co., Ltd. (Aeon Credit Service Co. Ltd.) until June 2017. Mr. Nishimatsu served as Corporate Auditor of AEONMALL Co. Ltd and Kasumi Co., Ltd. since May 2010. He served as an Auditor of Aeon Delight Co Ltd. since May 2003. He served as Acting Business Trustee, Mycal Co., Ltd since December 2001.

Mr. Masato Nishimatsu has been a Senior Chief Officer of Business Management and Executive Officer at Aeon Co., Ltd. since March 2016. Mr. Nishimatsu served as an Executive Officer of Aeon Co. Ltd. since August 2008 and its Manager of Accounting Department since April 1996. He was an In charge, Group Corporate Management of Aeon Co., Ltd. since April 2009. He served as a Vice President of Aeon Co. Ltd., since August 21, 2008. Mr. Nishimatsu served as Senior Vice President of Aeon Co. Ltd. until August 21, 2008 and joined Aeon Co., Ltd. in March 1978 and served as its Section Chief, Accounting Section, Accounting Division, Corporate Management Headquarters since May 1989, Vice Chief of Accounting Division & Corporate Management Headquarters since October 1992, General Manager of Accounting Division, Corporate Management Headquarters since April 1996, Insurance Management Representative, Mycal Corporation since November 2001, Business Management Administrative Representative, for reorganization Mycal Corporation since December 2001 and General Manager, Corporate Management Headquarters since March 2002. He served as General Manager of Business Administration Division at Mycal Corporation since March 2002. Mr. Nishimatsu served as the Managing Director, for reorganization Mycal Corporation since October 2003, In charge, Administration and Chief, Administrator's Office since March 2005 and as Managing Executive Officer, Aeon Co., Ltd. since May 2007. He served as an External Director of MaxValu Hokkaido Co., Ltd. since May 2015. He has been Director at Aeon Retail Co., Ltd since October 2012 and The Daiei, Inc since February 2015. He served as Director at Aeon Co. Ltd. since May 2000. He served as an External Corporate Auditor at AEON Financial Service Co., Ltd. (Aeon Credit Service Co. Ltd.) until June 2017. Mr. Nishimatsu served as Corporate Auditor of AEONMALL Co. Ltd and Kasumi Co., Ltd. since May 2010. He served as an Auditor of Aeon Delight Co Ltd. since May 2003. He served as Acting Business Trustee, Mycal Co., Ltd since December 2001.