Asahi Kasei Corp.

January 28, 2022

Change in Representative Directors

The Board of Directors of Asahi Kasei today 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

Current office

New office

(as of April 1, 2022)

Hideki Kobori

President & Representative Director,

Chairman & Representative Director

Presidential Executive Officer

Koshiro Kudo

Director,

President & Representative Director,

Senior Executive Officer

Presidential Executive Officer

See attachment:

Biography of the new President & Representative Director (as of January 28, 2022)

For more information, please contact:

Asahi Kasei Corp.

Corporate Communications

Phone: +81-(0)3-6699-3008

Fax: +81-(0)3-6699-3187

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Press Release

Asahi Kasei Corp.

Page 2 of 2

January 28, 2022

Biography of the new President & Representative Director (as of January 28, 2022)

Name: Koshiro Kudo

Date of birth (age): June 5, 1959 (62)

Birthplace:

Nobeoka, Miyazaki, Japan

Education: March 1982, LL.B., Keio University

Career:

April 1982

Joined Asahi Kasei

May 2008

General Manager, Roica Division, Asahi Kasei Fibers Corp.

April 2013

Executive Officer, Asahi Kasei Fibers Corp.

General Manager, Planning & Control Division, Asahi Kasei Fibers Corp.

April 2016

Lead Executive Officer, Asahi Kasei Corp.

Senior General Manager, Planning & Coordination, Fibers & Textiles SBU,

Asahi Kasei Corp.

April 2017

Lead Executive Officer, Asahi Kasei Corp.

President, Fibers & Textiles SBU, Asahi Kasei Corp.

Senior General Manager, Osaka Office, Asahi Kasei Corp.

April 2019

Senior Executive Officer, Asahi Kasei Corp.

President, Performance Products SBU, Asahi Kasei Corp.

April 2021

Senior Executive Officer, Asahi Kasei Corp.

June 2021

Director and Senior Executive Officer, Asahi Kasei Corp.

April 2022

President & Representative Director, Presidential Executive Officer,

Asahi Kasei Corp. (scheduled)

Asahi Kasei shares held: 10,100 (as of September 30, 2021)

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Disclaimer

Asahi Kasei Corporation published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 02:45:05 UTC.