Nippon Paper Industries : Notice of Changes in Directors and Others

May 15, 2024

Company Name: Nippon Paper Industries Co., Ltd.

Representative: Toru Nozawa, President

Notice of Changes in Directors and Others

Nippon Paper Industries Co., Ltd. (the Company) is pleased to announce that it has preliminarily decided on the following changes in Directors and others today.

The changes will be formally approved at the 100th Ordinary General Meeting of Shareholders scheduled on Thursday, June 27, 2024, and at a meeting of the Board of Directors held after the close of the General Meeting.

Details are as follows

1. Changes in Representative Directors None
2. Changes in Directors (as of June 27, 2024)

	New position	Name	Current position
	Director	Tomoyasu	Director
	Itakura
	Managing Executive Officer and	Executive Officer and General
	General Manager, Financial Division		Manager, Financial Division
3. Newly Appointed Directors
	None
4. Retiring Director
	None

1

5. Changes in Executive Officers (effective June 27, 2024)

1. Details of Change of Managing Officers

New position	Name	Current position
Managing Executive Officer and	Yoshisada	Executive Officer and General
Yamabe
General Manager, Yatsushiro Mill	Manager, Fuji Mill

Managing Executive Officer, General

Manager, Corporate Planning Division and in charge of Subsidiaries and Affiliated Companies

Akira Sebe

Executive Officer, General Manager, Corporate Planning Division and in charge of

Subsidiaries and Affiliated

Companies, and Overseas Business Division

(2) Newly Appointed Executive Officers

	New position		Name		Current position
Executive Officer	and		Keiko	Deputy	General	Manager,
	Watanabe
General Manager, Sustainability	Technical	& Engineering Division
Transformation Division			and	General	Manager,
					Environmental Department
Executive	Officer	and	General	Kazuhiro	Deputy General Manager, Paper-
Ito
Manager, Paper-Pak Sales Division	Pak Sales Division
Executive	Officer	and	General	Takashi	General Manager, Yatsushiro Mill
Fujihara
Manager, Fuji Mill

Executive Officer and General

Manager, General Affairs &

Personnel Division

Koichiro

Takahashi

General Manager, General Affairs & Personnel Division

(3) Retiring Executive Officers

New position	Name	Current position
Retirement	Yasuhito	Senior Managing Executive Officer
	Obayashi	and General Manager, Paper-Pak
		Sales Division

2

1. Relevant Personnel Changes in Executive Officers and Changes in General Managers at Headquarters and Mills

	New position	Name		Current position
NANKO UNYU CO., LTD.	Mitsuo	General Manager, CSR Division
Ueno
President	and	Representative
Director (June 21)
Ohta Paper Co., Ltd.	Kenichi	General	Manager, the	Overseas
Numata
President	and	Representative	Business Division
Director (As of June 14)
Kyouei Seitai K.K.		Yoshitsugu	General Manager, Ashikaga Mill
	Honda
President	and	Representative
Director (As of June 20)
General Manager, Ashikaga Mill	Kimitaka	Deputy General Manager, Fuji Mill
Kameda
			and General Manager, Safety &
				Environmental Control	Department
				at Fuji Mill

6. Organizational Changes (Effective June 27, 2024)

1. The CSR Division will be abolished and the SX (=Sustainability Transformation) Division will be established.
2. The Planning Division and the Overseas Business Division will be integrated as the Corporate Planning Division

Appendix 1

Appendix 2

：List of Directors and Corporate Auditors of Nippon Paper Industries Co., Ltd.

(As of June 27, 2024)

：List of Executive Officers of Nippon Paper Industries Co., Ltd.

(As of June 27, 2024)

3

Appendix 1

List of Directors and Corporate Auditors of Nippon Paper Industries Co., Ltd.

(As of June 27, 2024 Underlined: Changes）

Position	Name
Chairman and Director	Fumio Manoshiro
President and Representative Director	Toru Nozawa
Executive Vice President and Representative	Masanobu Iizuka
Director
Director	Atsumi Yasunaga
Director	Mitsuhiro Sugino
Director	Tomoyasu Itakura
Director	Makoto Fujioka *Outside Director
Director	Yoko Hatta *Outside Director
Director	Yutaka Kunigo *Outside Director
Senior Audit & Supervisory Board Member	Kazunari Tatsu
Audit & Supervisory Board Member	Tomoyoshi Nishimoto
Audit & Supervisory Board Member	Takafumi Okuda *External Audit & Supervisory
	Board Member
Audit & Supervisory Board Member	Nanako Aono *External Audit & Supervisory
	Board Member

4

Appendix 2

List of Executive Officers of Nippon Paper Industries Co., Ltd. (As of June 27, 2024 Underlined: Changes）

Position	Name		In charge of
President and Chief Executive Officer	Toru Nozawa
Executive Vice President	Masanobu Iizuka		Assistant to President;
			In charge of Duplex Board & Packaging
			Paper Sales Division;
			(concurrent) President, Nippon Tokai
			Industrial Paper Supply Co., Ltd.
Managing Executive Officer	Shinichiro Nakamura		General Manager, Iwakuni Mill
Managing Executive Officer	Mitsuhiro Sugino		General Manager, Biomass Material
			Business Division
Managing Executive Officer	Takashi Ochi		General Manager, Research &
			Development Division
Managing Executive Officer	Yasuhito Murakami		General Manager, Technical &
			Engineering Division
Managing Executive Officer	Kazuto Shimada		General Manager, Graphic Paper Sales
			Division
Managing Executive Officer	Kazunori Itaya		General Manager, Chemical Sales
			Division
Managing Executive Officer	Tomoyasu Itakura		General Manager, Financial Division
Managing Executive Officer	Yoshisada Yamabe		General Manager, Yatsushiro Mill
Managing Executive Officer	Akira Sebe		General Manager, Corporate Planning
			Division, in charge of Subsidiaries and
			Affiliated Companies
Executive Officer	Tomomi Nojiri		General Manager, Sales Planning
			Division
Executive Officer	Tetsuaki Taniguchi		General Manager, News Printing Sales
			Division
Executive Officer	Daishiro Takigawa		General Manager, Duplex Board &
			Packaging Paper Sales Division
Executive Officer	Hideki Sugimura		Director, Nippon Tokai Industrial Paper
			Supply Co., Ltd.
Executive Officer	Naohiro Ishioka		General Manager, Iwanuma Mill
Executive Officer	Kazuyasu Yamamoto		General Manager, Ishinomaki Mill
Executive Officer	Koichi Sato		General Manager, Raw Materials &
			Purchasing Division
Executive Officer	Hiroyuki Nakagawa		Director, Shin Tokai Paper Co., Ltd.
Executive Officer	Yoshinori Matsubara		General Manager, Energy Business
			Division
Executive Officer	Hiroya Kakehashi		General Manager, Akita Mill
Executive Officer	Keiko Watanabe		General Manager of Sustainability
			Transformation Division

5

Executive Officer	Kazuhiro Ito		General Manager, Paper-Pak Sales
			Division
Executive Officer	Takashi Fujihara		General Manager, Fuji Mill
Executive Officer	Koichiro Takahashi		General Manager, General Affairs &
			Personnel Division

6