Nidec Chaun-Choung Technology Corporation announced legal person director, Nidec Corporation, reassigned the representative. Name of the previous position holder: Mr. Masahiro Hishida and Mr. Hidetoshi Matsuhashi. Resume of the previous position holder: Executive Director of Nidec Corporation, CFO for Small Platform Motor & Solutions Business Unit of Nidec Corporation.

Name of the new position holder: Mr. Yoshihisa Kitao, Mr. Yoshihide Sano. Resume of the new position holder: Vice President and Executive Director of Nidec Corporation, CFO for Small Platform Motor & Solutions Business Unit of Nidec Corporation. Reason for the change: legal person director reassigns the representative.

Effective date of the new appointment: July 27, 2023.