The Board of Directors' meeting of Inoue Rubber (Thailand) Public Company Limited on November 24, 2023, passed the resolution as follow; approved the appointment of Mr. Hideo Oya as the new Director in replacement of Mr. Kazuo Sato who resign. The new director shall hold the remaining term in office of the resigned director. This appointment was effective on November 24, 2023 onwards.

Approved the appointment of Mr. Kanin Laochinda as the new Executive Director and Managing Director in addition. This appointment was effective on November 24, 2023 onwards.