Mitsubishi Chemical : Announcement of Personnel ChangesNEW

January 7, 2022

Announcement of Personnel Changes

Mitsubishi Chemical Holdings Corporation

1. Management Structure

1. Changes in Corporate Executive Officers and Executive Officers

1. Changes in Presidents and Executive Officers of Group Companies (Mitsubishi Chemical Corporation, Mitsubishi Tanabe Pharma

Corporation and Life Science Institute, Inc.)

IV. Corporate Executive Officers (as of April 1, 2022)

For further information, please contact:

Corporate Communications Office: Tel + [81] (3) -6748-7140

1. Management Structure

1. In its new management policy "Forging the future", announced on 1 December 2021, Mitsubishi Chemical Holdings Corporation (MCHC) announced its management structure from 1 April 2022. For more details, please refer to the attached press release "4. Leaner Structure to Execute Strategy".https://www.mitsubishichem-hd.co.jp/english/ir/01168.html
2. In view of the significance of the new management structure, which will enable the Group to implement its strategy in an integrated manner, MCHC's subsidiaries, namely Mitsubishi Chemical Corporation, Mitsubishi Tanabe Pharma Corporation and Life Science Institute, Inc., will not have a President and Executive Officers from 1 April 2022. In these subsidiaries, the representative director represents the entity and executes the business on its behalf.
3. "Executive Vice President" and "Senior Vice President" will be used in place of Managing Corporate Executive Officer, etc.as the titles of officers in charge of corporate and business divisions.

1. Changes in Corporate Executive Officers and Executive Officers (as of April 1, 2022)

1. Corporate Executive Officers

	New		Current	Name
			Director of the Board
	Director of the Board		Managing Corporate Executive Officer, Chief Financial Officer	Hidefumi Date※
	Supervising - Corporate Management Division, Corporate Communications
			Office (IR)
	Executive Vice President, Head of Petrochemical & Coal business		Representative Managing Corporate Executive Officer
	Representative Director, Director of the Board of Mitsubishi Chemical		Supervising - Corporate Strategy Division, Corporate Communications	Yoshihiro Ikegawa
	Corporation		Office (Branding)
			Director of the Board of Mitsubishi Chemical Corporation
	Director of the Board
	Executive Vice President, Chief Compliance Officer		Director of the Board
	General Counsel		Managing Corporate Executive Officer, Chief Group Compliance Officer	Ken Fujiwara
	Supervising - legal, internal control, admin, HR and corporate		Supervising -Corporate Administration Division, Administration Office
	administration		(Administration, Secretary)
	Director of the Board of Mitsubishi Chemical Corporation
	Executive Vice President, Chief Financial Officer			Yuko Nakahira ※
	Supervising - finance, communication, IR and government affairs
	Senior Vice President, Chief Technology Officer		Managing Corporate Executive Officer	Larry Meixner
	Senior Vice President		Corporate Executive Officer
	Supervising - government affairs		Supervising - Corporate Communications Office (PR); Administration Office	Shigeki Habuka
			(Public Policy and Relation)
	Representative Corporate Executive Officer, Executive Vice President		Representative Director, Director of the Board,
	Chief Supply Chain Officer		Managing Executive Officer Supervising- Supply Chains of Mitsubishi	Nobuo Fukuda
	Representative Director, Director of the Board of Mitsubishi Chemical		Chemical Corporation
	Corporation
	Executive Vice President		Director of the Board, Managing Executive Officer,
	Head of Films & Molding Materials / Advanced Solutions		Chief Operating Officer, Advanced Solutions Domain of Mitsubishi	Johei Takimoto
			Chemical Corporation
	Executive Vice President		Director of the Board, Managing Executive Officer,	Hitoshi Sasaki
	Head of Polymers & Compounds / MMA		Chief Operating Officer, MMA Domain of Mitsubishi Chemical Corporation

	Executive Vice President	 President & Representative Director, Chief Executive Officer of Mitsubishi
	Head of Pharma	Tanabe Pharma Corporation	Hiroaki Ueno
	Representative Director of Mitsubishi Tanabe Pharma Corporation

※The transfer of Hidefumi Date and the appointment of Yuko Nakahira as Chief Financial Officer were previously announced on November 26, 2021.

2. Executive Officers

	New		Current	Name
	Vice President, Chief Strategy Officer			Joseph Rinaldi
	Vice President, Chief Human Resource Officer		General Manager, Human Resources Office
			General Manager, People Strategy Department, Mitsubishi Chemical	Tomoyo Hiraoka
			Corporation

1. Changes in Directors and Executive Officers of Group Companies (April 1, 2022)

1. Mitsubishi Chemical Corporation

	New	Current	Name
	Director of the Board	 Representative Director, Director of the Board	Masayuki Waga
		President & CEO
	Representative Director, Director of the Board	 Representative Director, Director of the Board
	Representative Corporate Executive Officer, Executive Vice President,	Managing Executive Officer, Supervising- Supply Chains	Nobuo Fukuda
	Chief Supply Chain Officer of Mitsubishi Chemical Holdings Corporation
	Executive Vice President, Head of Films & Molding Materials / Advanced	 Director of the Board, Managing Executive Officer	Johei Takimoto
	Solutions of Mitsubishi Chemical Holdings Corporation	Chief Operating Officer, Advanced Solutions Domain
	Executive Vice President, Head of Polymers & Compounds / MMA of	 Director of the Board, Managing Executive Officer	Hitoshi Sasaki
	Mitsubishi Chemical Holdings Corporation	Chief Operating Officer, MMA Domain
	Representative Director, Director of the Board	 Director of the Board
	Executive Vice President, Head of Petrochemical & Coal business of	 Representative Managing Corporate Executive Officer, Supervising -	Yoshihiro Ikegawa
	Mitsubishi Chemical Holdings Corporation	Corporate Strategy Division, Corporate Communications Office (Branding)
		of Mitsubishi Chemical Holdings Corporation
	Director of the Board	 Director of the Board, Managing Corporate Executive Officer,
	Director of the Board, Executive Vice President, Chief Compliance Officer	Chief Group Compliance Officer
	General Counsel	Supervising -Corporate Administration Division, Administration Office	Ken Fujiwara
	Supervising - legal, internal control, admin, HR and corporate	(Administration, Secretary) of Mitsubishi Chemical Holdings Corporation
	administration of Mitsubishi Chemical Holdings Corporation

2. Mitsubishi Tanabe Pharma Corporation

	New	Current	Name
	Representative Director, Director of the Board	 President & Representative Director, Chief Executive Officer
	Executive Vice President, Head of Pharma of Mitsubishi Chemical		Hiroaki Ueno
	Holdings Corporation

3.	Life Science Institute, Inc.
	New	Current	Name
	Director of the Board	 Representative Director, Director of the Board, President and Chief	Seiichi Kiso
		Executive Officer
※The representative director of Life Sciences Institute, Inc. from April 1, 2022 onwards will be announced in due course.