Hakuto : Notice regarding Change of Representative Director

January 31, 2020

To whom it may concern

1-13, Shinjuku 1-chome,Shinjuku-ku, Tokyo Hakuto Co., Ltd.

Ryusaburo Sugimoto, President (TSE code: 7433, TSE 1st Section)

Contact: Nobuhito Shintoku, Director, V.P. & Managing Officer, Division Manager of Corporate Administration Div.

(TEL [phone])

Notice regarding Change of Representative Director

We announce to have decided the following change of representative director at a meeting of the Board of Directors held on January 31, 2020.

1. Reason for transfer

Under the new management structure, we will respond promptly to changes in the business environment and build and strengthen our business foundation aiming to increase corporate value.

2. Details of transfer

Name	New Position	Current Position
Ryoji Abe	Representative Director	Director, V.P. & Executive
	and President	Managing Officer
Ryusaburo Sugimoto	Director and Advisor	Representative Director
		and President

3. Biography of the newly appointed President

New Title: Representative Director and President

Name: Ryoji Abe

Date of Birth: November 9, 1957

Biography:
March 1983	Joined Hakuto
June 2008	Director & Vice President, Division Manager of
	Semiconductor Devices 2nd Div. and Electronic Components
	Div.
June 2015	Director & Executive Managing Officer, Division Manager
	of Semiconductor Devices 2nd Div. and Electronic
	Components Div. and in charge of Overseas Business
	Operation Div.
January 2020	Director, V.P. & Executive Managing Officer, in charge of
	Semiconductor Devices and Electronic Components
	Business and Division Manager of Semiconductor Devices
	Technology & Operation Center and President of Electronic
	Component Company and Division Manager of Overseas
	Business Operation Div. (present)

8,100 shares held (as of September 30, 2019)

4. Inauguration date: April 1, 2020