17 March 2025

MOH Nippon Plc

("MOH" or the "Company")

Directorate Changes

MOH Nippon Plc (LSE: MOH), a crowdfunding services provider for real estate investment in Japan, announces that Mr. Allan Rowley has resigned as a Non-Executive Director of the Company, with immediate effect, in order to pursue other business interests.

Hoken Yanase, CEO of MOH, commented: "On behalf of the Board, I wish to thank Allan for his considerable contribution to the Company over the last few years, and for his dedicated service to the Board and the Board's committees. Allan's knowledge and experience has been invaluable and it has been a pleasure to serve as a Director with him."

The Board is pleased to appoint Mr. Chiaki Takahashi as an independent Chairman of the Company and Mr. Paul Kwong as an independent Non-Executive Director of the Company with effect from 17 March 2025. Mr. Nigel Collins, who had taken on the role of interim Chairman, will resume his position as an independent Non-Executive Director.

Chiaki is a former Member of House of Councillors and former Vice Minister of Foreign Affairs in Japan. He brings over 40 years of experience, including senior executive and chair experience of both Japanese and international businesses. Chiaki is currently on the board of Kyodo Public Relations Co., Ltd, a public relations and integrated communications agency in Japan.

Paul is a seasoned finance professional with extensive experience in strategic oversight and financial management. Between October 2006 and September 2023, Paul was employed by Hong Kong-incorporated Fortune Oil Holdings Ltd, which, through its parent company Fortune Oil Limited (formerly known as Fortune Oil PLC), was listed on the London Stock Exchange between 1993 and 2015. During his employment, as a member of senior management, Paul was responsible for developing business strategies and overseeing financial and accounting functions. Prior to this, he was an accountant and financial controller for several Chinese companies seeking to IPO in Hong Kong. Paul began his career at Ernst & Young and was admitted as an associate of the Association of Chartered Certified Accountants (ACCA) in 1998 and became  a Fellow (FCCA) in 2003.

With effect from 17 March 2025, Mr. Chiaki Takahashi has become Chair of the Related Parties Committee and a member of the Remuneration Committee.

Mr. Nigel Collins will remain as a member of the Related Parties Committee, Audit Committee and Remuneration Committee.

Mr. Paul Kwong has been appointed as Chair of the Audit Committee and has become a member of the Related Parties Committee and Remuneration Committee.

Hoken Yanase, CEO of MOH, added: "I am delighted that Chiaki and Paul have agreed to join the Board of the Company. This is an exciting time for MOH, as we are exploring new business opportunities both inside and outside Japan. Chiaki's and Paul's deep commercial, corporate finance and strategic expertise will further enhance the Board's international capabilities.

Chiaki said: "I am delighted to be joining the Board and look forward to working together to achieve the best possible results for all our shareholders." 

Neither Mr. Chiaki Takahashi nor Mr. Paul Kwong holds any shares in the Company.

The Directors of the Company take responsibility for this announcement.

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