Novac Appoints New Executive Director Amidst Reconfirmed Board Structure

TOKYO, Jul 30 (Pulse News Wire) – Novac CO.,LTD. (5079.T) announced that its 62nd regular shareholders' meeting held today approved all agenda items proposed by the company.

Following the meeting, the board of directors convened and decided on the continued roles of existing executives and the appointment of a new executive director. Key appointments include: - Takahashi Mitsuharu reappointed as Chairman. - Ootani Toshihiro retained his position as President and CEO. - Nakazumi Koichi continues as Corporate Management Department Manager. - Sato Masataka newly appointed as Outside Director.

- Kobayashi Yukihisa newly appointed as Permanent Auditor. - Koshimizu Yoshihiko remains as Outside Director. - Yoshikawa Tomohiro retains his role as Financial Officer. Other key positions remain unchanged, with several long-standing members such as Sasayama Jun, Tokuyama Masatoshi, and others continuing their roles within the company’s leadership structure. This decision follows the successful approval of all proposals during the shareholders’ meeting, solidifying NOVAC's management team for the upcoming fiscal period.