The Board of Directors of Asahi Kasei adopted a resolution for a change in the company's representative Directors, as shown below: Reason for the change: The change is made to renew the management configuration for execution of the new medium- term management initiative which will begin in April 2022. Substance of the change: Name: Shigeki Takayama, Current office: Representative Director, Vice-Presidential Executive Officer to New Office: as of April 1, 2022 (Director).