KOSÉ Corporation will make a following appointments and changes in executives scheduled for March 21, 2019 and late June 2019. The aim of these actions is to strengthen the company's management and the operation of business activities. New position: Executive Director - Name: Koichi Shibusawa and Current position: Executive Director, General Manager of President Office. New position: Director, General Manager of Europe and America Business Div - Name: Michihito Yanai and Current position: Director, General Manager of Europe and America Business Div. CEO of KOSÉ AMERICA,INC. and KOSÉ BRASIL LTDA. New position: Director, General Manager of Digital Marketing Div. - Name: Kazuya Kitagawa and Current position: Director, General Manager of Digital Marketing Div. and Advertising Dept. New position: Senior Executive Director President of KOSÉ SALES CO., LTD. - Name: Atsuo Kumada and Current position: Executive Director Senior Executive Director of KOSÉ SALES CO., LTD. Mr. Kumada will be appointed as Senior Executive Director at the Board of Directors meeting to be held after the shareholders meeting scheduled for late June 2019. New position: Full-time Audit & Supervisory Board Member - Name: Noboru Matsumoto and Current position: Executive Officer, in charge of General Administration Dept. and Legal Dept. New position: Audit & Supervisory Board Member (External /Part-time) - Name: Toru Miyama. Mr. Matsumoto and Mr. Miyama will be submitted as candidates for new Audit & Supervisory Board Members at the shareholders meeting scheduled for late June 2019. Reasons of election: Mr. Toru Miyama is an External Audit & Supervisory Board Member candidate in accordance with Article 2, Paragraph 3, Item 8 of the Ordinance for Enforcement of the Companies Act. Retiring Audit & Supervisory Board Members (scheduled for late June 2019): Name: Kumi Arakane - Current position: Full-time Audit & Supervisory Board Member. Name: Minoru Murakami - Current position: Audit & Supervisory Board Member (External /Part-time). New position: Executive Officer, Director of R&D Laboratories - Name: Akinobu Hayashi and Current position: Executive Officer, Director of R&D Laboratories, General Manager of Customer Value Creation Research Laboratories. Change in Executive Officers' responsibilities (effective March 21, 2019): New position: Full-time Audit & Supervisory Board Member - Name: Noboru Matsumoto and Current position: Executive Officer, in charge of General Administration Dept. and Legal Dept. New Executive Officers (effective March 21, 2019): New position: Executive Officer, General Manager of Product Development Dept. and Beauty Development Dept. - Name: Masahiro Horita and Current position: President of KOSÉ COSMETICS SALES (CHINA) CO., LTD. New position: Executive Officer, General Manager of IT Management Dept. - Name: Atsuko Ogura and Current position: General Manager of IT Management Dept. Retiring Executive Officer (effective March 21, 2019): New position: Senior Advisor of KOSÉ SALES CO., LTD. - Name: Yasuhiro Kamio and Current position: Senior Executive Officer, General Manager of Chain Store Sales Operation Dept., Consumer Brands Div.