Dentsu Group Announces Amendment Regarding Personnel Changes

Dentsu Group Inc. (Tokyo: 4324; ISIN: JP3551520004; President & CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81 million yen; hereinafter “the company”) issued a press release entitled “Dentsu Announces Group Management Structure and Prospective Executive Members for FY2020” on November 14, 2019 while the company was still operating under its former name Dentsu Inc.

In that press release it was announced that Tim Andree, a Director who is not an Audit and Supervisory Committee Member, and who is currently a Director and an Executive Vice President of the company as well as the Executive Chairman & CEO of Dentsu Aegis Network Ltd.*, a consolidated subsidiary of the company, would, if he had been reappointed a Director of the company at the Ordinary General Meeting of Shareholders scheduled to be held in March 27, 2020, be appointed as a Representative Director of the company at the Board of Directors Meeting held after the aforementioned General Meeting. The Board of Directors, however, has now decided not to appoint him to the Representative Director position.

If he is reappointed as a Director who is not an Audit and Supervisory Committee Member at the Ordinary General Meeting of Shareholders, he will continue to serve as Director and Executive Vice President of the company, and as Executive Chairman & CEO of Dentsu Aegis Network Ltd. after the General Meeting.

*Dentsu Aegis Network Ltd., the Dentsu Group's global business headquarters based in London, is expanding the Group's business worldwide through ten global network brands—Carat, Dentsu (Dentsu Brand Agencies), dentsu X, iProspect, Isobar, mcgarrybowen, Merkle, MKTG, Posterscope and Vizeum—as well as through several specialist/multi-market brands.

#####

About the Dentsu Group
Led by Dentsu Group Inc. (Tokyo: 4324; ISIN: JP3551520004), a pure holding company established on January 1, 2020, the Dentsu Group encompasses two operational networks: Dentsu Japan Network, which oversees Dentsu’s agency operations in Japan, and Dentsu Aegis Network, its international business headquarters in London, which oversees Dentsu’s agency operations outside of Japan.
With a strong presence in over 145 countries and regions across five continents and with more than 62,000 dedicated professionals, the Dentsu Group provides a comprehensive range of client-centric integrated communications, media and digital services through its ten global brands—Carat, Dentsu, dentsu X, iProspect, Isobar, mcgarrybowen, Merkle, MKTG, Posterscope and Vizeum—as well as through Dentsu Japan Network companies, including Dentsu Inc., the world’s largest single brand agency with a history of innovation. The Group is also active in the production and marketing of sports and entertainment content on a global scale.
Dentsu Group Inc. website URL: https://www.group.dentsu.com/en/

Contact:
Shusaku Kannan
Executive Director
Group Corporate Communications Office
Dentsu Group Inc.
Telephone: +81 (3) 6217-6602
E-mail: s.kannan@dentsu.co.jp