Announcement Regarding Change of Directors

  Rakuten, Inc. (hereinafter “the Company”) announces the following change of Director which was approved at a Board of Directors meeting held today. Appointment is planned on approval at the 24^th Annual General Shareholders Meeting scheduled for March 30, 2021.

 1. Appointment of Directors (March 30, 2021)

■Name: Kentaro Hyakuno

■ Career summary

Jun. 1990　Joined Toyota Motor Corporation

Feb. 2007　Executive Officer of the Company

Nov. 2008　Director of Rakuten USA, Inc. (current position)

Jul. 2009　Managing Executive Officer of the Company

Mar. 2013　Director & Managing Executive Officer of the Company

Apr. 2016　Managing Executive Officer of the Company

Apr. 2017　Executive Vice President of the Company (current position)

Apr. 2019　Director of Rakuten Mobile Inc. (current position)

Apr. 2019　Director of Rakuten Card Co., Ltd. (current position)

Apr. 2019　Director of Rakuten Payment, Inc. (current position)

Jun. 2019　Director of Rakuten Socio Business, Inc. (current position)

Sep. 2019　Director of Rakuten Medical, Inc. (current position)

Aug. 2020　Director of Rakuten Tokyu Planning Co., Ltd. (current position)

Feb. 2021　Director of Rakuten Vissel Kobe, Inc. (current position)

■Name: John V. Roos

■ Career summary

Oct. 1980  Associate of O'Melveny & Myers LLP

Feb. 1985  Associate of Wilson Sonsini Goodrich & Rosati

Feb. 1988  Partner of Wilson Sonsini Goodrich & Rosati

Feb. 2000  Managing Director of Professional Services of Wilson Sonsini Goodrich & Rosati

Feb. 2005  CEO of Wilson Sonsini Goodrich & Rosati

Aug. 2009  U.S. Ambassador to Japan

Sep. 2013  Outside Director of Salesforce.com, Inc. (current position)

Oct. 2013  CEO of The Roos Group, LLC (current position)

Dec. 2013  Global Advisory Board Member of Mitsubishi UFJ Financial Group, Inc. (current position)

Apr. 2014  Senior Advisor of Centerview Partners LLC (current position)

Jun. 2014  Outside Director of Sony Corporation

May. 2015  Co-Founding Partner of Geodesic Capital (current position)

Dec. 2015  Advisor of Toyota Research Institute, Inc. (current position)

Jul. 2016  Member of the Board of Directors of The Maureen and Mike Mansfield Foundation (current position)

Oct. 2018  Advisory Board Member of Stanford Center for Asian Health Research and Education (current position)

2. New lineup of Directors and Audit & Supervisory Board Members (March 30, 2021)