AUTOBACS SEVEN : announces Director Resignation

NEWS RELEASE

November 28, 2017

AUTOBACS SEVEN announces Director Resignation

November 28, 2017 (Tokyo, JAPAN)-- AUTOBACS SEVEN Co., Ltd. ("the Company," Representative Director

and Chief Executive Officer: Kiomi Kobayashi) announces that it has accepted the resignation of one of its directors effective immediately. The said person is also resigning from an officer position. Details are as follows.

1. Name of resigning director

   Naoyuki Koyama, Director and Senior Managing Executive Officer

2. Date of resignation November 28, 2017

3. Reason for resignation Personal circumstances

4. Other

Although after resignation, the number of Directors meets the requirements prescribed in laws and regulations, and in the Articles of Incorporation.

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