Announcement of Board Personnel

SHIFT Inc. (“SHIFT,” headquartered in Minato-ku, Tokyo, Japan; Masaru Tange, CEO and Representative Director) is announcing that executive personnel changes that will be determined as of November 28th, after Annual General Meeting of Shareholders. Please note that these changes are subject to the approval of Proposal 1: election of seven directors (excluding directors who are audit & supervisory committee members).
In FY08/24, SHIFT accomplished one of milestones in its growth strategy, to achieve ¥100 billion in net sales and is accelerating its business expansion. As it achieved sustained high growth and gradually changes its business stage, SHIFT believes that one of the priority areas that SHIFT must address today is to make the foundation of management entrenched so that it will be able to consider and realize its next-stage aggressive strategies while steadily operating as a company.
SHIFT have decided to change some of its board personnel, aiming at its next milestones of ¥300 billion and ¥500 billion in net sales, as well as other topics needed to implement its growth strategy.

Please refer to the link below for further information.
20241113_board personnel_EN_fin