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This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

May 9, 2024

JCI Appointed Ichiro Ando as a New Member of the Management Board

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Japan Communications Inc. (JCI, TSE Prime: 9424) is pleased to announce that the Board of Directors appointed Mr. Ichiro Ando, who was previously serving as Representative Director and Vice President of my FinTech Inc., as a member of the Management Board (shikko-yakuin) of JCI

Since joining JCI in 2020, Ichiro Ando has led the acquisition of certification under the Digital Signature Act and the promotion of the FPoS business at my FinTech Inc., a consolidated subsidiary that promotes FPoS, JCI's patented technology. As JCI grows its business, including interconnection with DOCOMO's voice and SMS networks, it has appointed Ichiro Ando, who is well versed in FPoS, as the executive officer in charge of corporate planning.

Ichiro Ando began his career at Canon after graduating from university. After studying in the U.S., he worked at a strategy consulting firm and was engaged in management in a wide range of areas, and has management experience at B2B and B2C, Japanese and foreign-affiliated companies, including large corporations and startups. Based on the basic theme of the evolution of business model, he has pursued the enhancement of corporate value while addressing a wide range of management issues, from company-wide strategy formulation to operational transformation. He holds a bachelor's degree from Hitotsubashi University and an MBA from Dartmouth College Amos Tuck School.

JCI will continue to contribute to society through its services and products, with the mission of providing secure and reliable transportation of data, and striving for sustainable enhancement of corporate value.

About Japan Communications Inc. (JCI)
Japan Communications Inc. is the mobile solution innovator that has created the MVNO industry with its vision since its establishment in 1996. In today's world, where digitalization is advancing and everything is connected through networks, our patented technology, the Personal Wireless Leased Line, has obtained PCI DSS certification, an international security standard, for all its main systems. This technology is adopted in fields that require high levels of security, such as banks, and credit card companies. Furthermore, JCI is building a common platform for secure and reliable digital IDs that provide the highest level of security without compromising convenience. This enables the provision of safe and convenient services for the entire society, including financial transactions using smartphones. We continue to embrace our challenger spirit, aiming to provide a safe mobile environment as a social infrastructure.