Legal

Notice Regarding Change of Accounting Auditor: Japan

Summary

Marvelous Inc. announced that its Audit & Supervisory Board will propose a change of accounting auditor at the 29th Annual General Meeting on June 23, 2026. The outgoing auditor, PricewaterhouseCoopers Japan LLC, will complete its term at that meeting; the incoming firm is Crowe Toyo & Co., based in Tokyo, with engagement partners Satoshi Tamakawa and Yuki Ishikawa. The board cited a comprehensive review of audit structure suitability, fee reasonableness, independence, and quality control as the basis for selecting Crowe Toyo & Co. No audit opinions from the past three years were applicable, and the outgoing auditor expressed no objections to the transition. The board confirmed that the change is appropriate. The notice covers a single Japanese company listed on the TSE Prime Market, focusing solely on the auditor transition for fiscal year 2026. No statistical data or broader industry analysis is provided; the document serves as a formal disclosure to shareholders and regulators. The methodology involves an internal comparative review of audit firms, with the board’s resolution reflecting its assessment that Crowe Toyo & Co. better aligns with Marvelous Inc.’s business scale and audit needs. The announcement ensures compliance with Article 193‑2 of the Financial Instruments and Exchange Act, fulfilling statutory disclosure requirements for auditor changes.

From the report

Note: This document has been machinetranslated 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. FASF Company name: Marvelous Inc. May 21, 2026 Name of representative: Shinichi Terui, President and Representative Director (Securities code: 7844, Inquiries: TSE Prime Market) Chihiro Noguchi, Director, Supervisor of Administration (E-mail: [email protected]) Notice Regarding Change of Accounting Auditor Marvelous Inc. (the “Company”) hereby announces that the Audit & Supervisory Board, at its meeting held on May 21, 2026, resolved to submit a proposal to the 29th Annual General Meeting of Shareholders scheduled for June 23, 2026, regarding the change of the Company’s Accounting Auditor under Article 193-2, Paragraphs 1 and 2 of the Financial Instruments and Exchange Act. The Board of Directors also resolved at its meeting held on the same day to submit such proposal to the said General Meeting of Shareholders, as described below. 1. Scheduled Date of Change June 23, 2026 (Date of the 29th Annual General Meeting of Shareholders) 2.

cial Instruments and Exchange Act. The Board of Directors also resolved at its meeting held on the same day to submit such proposal to the said General Meeting of Shareholders, as described below. 1. Scheduled Date of Change June 23, 2026 (Date of the 29th Annual General Meeting of Shareholders) 2. Overview of the Incoming and Outgoing Accounting Auditors (1) Overview of the Incoming Accounting Auditor (a) Name Crowe Toyo & Co. (b) Address 7 Kanda-Mitoshirocho, Chiyoda-ku, Tokyo (c) Names of Engagement Partners Satoshi Tamakawa, Yuki Ishikawa (d) Registration status under the registration system for listed Registered company auditors (2) Overview of the Outgoing Accounting Auditor (a) Name PricewaterhouseCoopers Japan LLC (b) Address Otemachi Park Building, 1-1-1 Otemachi, Chiyoda-ku, Tokyo (c) Names of Engagement Partners Soichiro Hayashi, Keisuke Kimura 3. Reason for Selecting the Candidate Described in 2. (1) as Accounting Auditor The Audit & Supervisory Board selected Crowe Toyo & Co. as the candidate for Accounting Auditor after comprehensively considering factors including the audit structure appropriate for the Company’s business scale, the appropriateness of audit fees, independence, and quality control systems, and determining that the firm is suitable.

4. Appointment Date of the Outgoing Accounting Auditor June 20, 2023 5. Opinions Stated in Audit Reports Prepared by the Outgoing Accounting Auditor in the Last Three Years Not applicable. 6. Reason and Background for the Decision to Change PricewaterhouseCoopers Japan LLC, the Company’s current Accounting Auditor, will complete its term of office upon the conclusion of the 29th Annual General Meeting of Shareholders scheduled for June 23, 2026. Although the Company believes that PricewaterhouseCoopers Japan LLC has maintained an appropriate audit structure to ensure proper and adequate accounting audits, the Company conducted a comparative review of multiple audit firms from the perspectives of audit services appropriate for the Company’s business scale and the reasonableness of audit fees. As a result, the Audit & Supervisory Board determined that Crowe Toyo & Co. is appropriate as the new Accounting Auditor for the reasons stated in Section 3 above. 7. Opinions on the Reason and Background in 6 Above (1) Opinion of the Outgoing Accounting Auditor The Company has received a response stating that there are no particular comments. (2) Opinion of the Audit & Supervisory Board The Audit & Supervisory Board has determined that the change is appropriate.

Pages: 2
Words: 562
Type: Legal

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