Shift proposes board reappointments, new auditor at shareholder meeting

Shift Inc. announced its proposals for the 20th Ordinary General Meeting of Shareholders on November 25, 2025. These proposals include the election of six directors and two Audit & Supervisory Committee members, a substitute Audit & Supervisory Committee member, and a new accounting auditor.

Chief executive Masaru Tange, director Motoya Kobayashi, and director Michio Sasaki are proposed for reappointment to the board, alongside independent outside directors Takafumi Murakami, Fumiko Motoya, and Amy Shigemi Hatta.

Yusuke Arai and Naoko Yanaka are proposed for reappointment as Audit & Supervisory Committee members (outside directors). Yoshito Fukuyama is nominated as a substitute Audit & Supervisory Committee member. The company noted that all reappointed directors will serve until the conclusion of the Annual General Meeting of Shareholders for the fiscal year ending August 31, 2026, for directors, and August 31, 2027, for Audit & Supervisory Committee members.

Additionally, Shift proposes replacing its current accounting auditor, EY ShinNihon LLC, with Deloitte Touche Tohmatsu LLC. This decision, made in consultation with the Audit & Supervisory Committee, aims to bring a fresh perspective to audits while considering Deloitte Touche Tohmatsu LLC's expertise, independence, quality control, and audit fees.