Notice Regarding Change of Accounting Auditor: Japan

Crowe Toyo & Co. becomes the new accounting auditor.

The incoming firm is based in Tokyo. Engagement partners Satoshi Tamakawa and Yuki Ishikawa will lead the new audit team.

The board reviewed audit structure, fees, independence, and quality control.

The change was driven by an internal board review. The board confirmed that the change is appropriate.

Review criteria. The board cited a comprehensive review of audit structure suitability, fee reasonableness, independence, and quality control.

The outgoing auditor expressed no objections to the transition.

No audit opinions from the past three years were identified as problematic. The outgoing auditor expressed no objections to the transition.

No objections. PricewaterhouseCoopers Japan LLC has expressed no objections to the transition.

The announcement complies with Article 193-2 of the Financial Instruments and Exchange Act.

The document serves as a formal disclosure to shareholders and regulators. It fulfills statutory disclosure requirements for auditor changes.

The notice covers a single TSE Prime Market-listed company.

The document focuses solely on the auditor transition for fiscal year 2026. No broader industry analysis is provided.

The appointment aims to align audit services with current business scale.

The board assessed that Crowe Toyo & Co. better aligns with Marvelous Inc.’s business scale and audit needs. The appointment is intended to better align audit services with operational needs.

No audit opinions from the past three years were applicable.

The board identified no problematic audit opinions from the past three years. The outgoing auditor expressed no objections to the transition.