Disclaimer

This document is an English translation of the original Japanese version and provided solely for the purpose of the reader's convenience. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail in all respects.

February 28, 2022

To whom it may concern,

Company Name:

ASKUL Corporation

(Code No.: 2678, Tokyo Stock Exchange First Section)

Representative:

Akira Yoshioka

President and Chief Executive Officer

Contact Person:

Tsuguhiro Tamai

Director and Chief Financial Officer

Phone: +81-3-4330-5130

Notice Regarding New Corporate Structure

ASKUL Corporation (the "Company") announces that in order to further strengthen its execution capabilities and inter-organizational collaboration to realize its medium-term management plan as well as promote appointments of next-generation human resources for the future, effective March 1, 2022, the Company will adapt new corporate structure as stated below:

■Establishment of COO Position

A new COO (Chief Operating Officer) will be established to be in charge of ASKUL Business Unit, ASKUL Sales Unit, LOHACO Business Unit, Merchandising Unit, Logistics Unit, Technology Unit, and Customer Service Unit and Executive Officer, Katsuhiro Kawamura will assume this position.

■New Corporate Structure (as of March 1, 2022)

Business Unit Name

Name of Executive Officer

ASKUL Business Unit

Saori Onsen (new appointment)

ASKUL Sales Unit

Katsuhiro Kawamura

LOHACO Business Unit

Takeshi Narimatsu (new appointment)

Merchandising Unit

Mizuki Takehisa (new appointment)

Logistics Unit

Tamami Ito (new appointment)

Technology Unit

Kazuyuki Ikeda (new appointment)

Customer Service Unit

Hideo Sakurai

Corporate Unit

Tsuguhiro Tamai

Legal & Security Unit

Hiroyuki Ueno

Human Relations & General Affairs Unit

Hiroyuki Ueno

1

Disclaimer

This document is an English translation of the original Japanese version and provided solely for the purpose of the reader's convenience. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail in all respects.

■ List of Chief Officers

Title of Chief Officers

Name

CEO

Akira Yoshioka

(Chief Executive Officer)

CFO

Tsuguhiro Tamai

(Chief Financial Officer)

COO

Katsuhiro Kawamura

(Chief Operating Officer)

CDXO

Kazuyuki Ikeda

(Chief Digital Transformation Officer)

CHO

Hiroyuki Ueno

(Chief Human Relation & Healthcare Officer)

CSO

Hiroyuki Ueno

(Chief Security Officer)

CTO

Yousuke Uchiyama

(Chief Technology Officer)

2

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ASKUL Corporation published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2022 06:21:07 UTC.