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Horizon Inc. appoints Grameen Japan Chairman/CEO Masahiro Momono as Director, strengthening management structure with aim of listing on the Nasdaq in the US

Horizon Inc. (Head office: Shibuya-ku, Tokyo; CEO: Nien-Tsao Tsai; hereinafter referred to as "the Company") has decided to welcome Grameen Japan Chairman/CEO Masahiro Momono as a new Director. With this, the Company will aim to expand its business and strengthen its management structure in preparation for its listing on the Nasdaq Stock Exchange in the United States.

[Background to his appointment]

Our vision is to "democratize fragrance" and to create a world where anyone can create and sell fragrances as a digital perfumer. This philosophy resonates deeply with our activities that aim to correct social disparities and provide economic opportunities. Our new director has led numerous innovative projects to success through his extensive experience and leadership in global companies. We expect his participation will further strengthen our vision and create new synergies. Mr. Momono's experience and knowledge will also bring new perspectives and strategic insights to our management structure. This will be the key to paving the way for us to be listed on the NASDAQ in the United States, achieving further growth and global business expansion, and expanding our contribution to society.


Director Masahiro Momono (US Certified Public Accountant, Chairman/CEO of Grameen Japan)

He worked as a Managing Director at foreign consulting firms PwC and Protiviti (formerly Arthur Andersen). In August 2017, he participated in the preparations for the establishment of Grameen Japan as a founding member of the Japanese version of Grameen Bank. In October 2019, he became the Chairman and CEO of Grameen Japan. In his previous role, he was the representative of the Japanese Business Organization (JBO) in the Asia-Pacific region, where he provided consulting to a wide range of industries, including major general trading companies and manufacturing companies.

Director Masahiro Momono (US Certified Public Accountant, Chairman/CEO of Grameen Japan)

[Comment from Mr. Masahiro Momono]

I share the company's vision and am honored to join the board of directors. I will use my experience to contribute to the expansion of the company's business and the achievement of its social mission. In particular, I believe that the democratization of scent can create new economic opportunities and bring dreams and hopes to many people. In addition, our innovative technology has the power to change the lifestyle of the future. I look forward to being a part of this journey. The future we are aiming for is not just about technological advancement, but also about enriching people's hearts. I sincerely hope that we can build a better future together.

[Comment from CEO Nien-Tsao Tsai]

We have created an innovative service that no one in the world has realized yet: digital delivery of fragrance. Thanks to your support, this dreamlike journey has entered its third fiscal year. Now, we have entered a new phase of growth, and it is time to take the company to the next level, not just with my own power, but with the power of the entire organization. With a view to listing on the Nasdaq as our future goal, we need an experienced leader to grow our business significantly. The addition of Mr. Momono as a director is very meaningful for our company, and we are confident that his extensive experience and leadership will make our vision even more concrete and powerful. His participation will take our company to new heights and deliver dreams and hopes to many people. I am very much looking forward to walking with Mr. Momono on this wonderful journey.

About Horizon Inc.

Our company aims to provide a digital fragrance platform and create a world where anyone can freely create and sell fragrances. Our mission is to use technological innovation and creativity to provide users with new experiences.

<Company Profile>

Company name: Horizon Inc.

Location: 18th floor, Yebisu Garden Place Tower, 4-20-3 Ebisu, Shibuya-ku, Tokyo

Established: February 21, 2022

Representative: CEO Nien-Tsao Tsai

Business description: Operation of the scent data streaming service Scent Store. Development of the Universal Scent Format, a global standard format for scents.



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