Nippon Sheet Glass : Proposed Changes to the Board of Directors

	20 May 2022
Company	Nippon Sheet Glass Co., Ltd.
Code	5202
Address of Headquarters	5-27, Mita 3-Chome,Minato-Ku,
	Tokyo, Japan
Representative Executive Officer	Shigeki Mori
For inquiries	Hiroyuki Genkai
	Director, Investor Relations
Telephone	[phone]

Proposed Changes to the Board of Directors

NSG Group, (hereinafter "the Company") announces today that the following proposed changes to its Board of Directors will take effect on 29 June 2022.

1. Proposed changes to the Board of Directors

(1) Proposed Changes

Scheduled on 29 June (at the end of the 156th Ordinary General Meeting of Shareholders)

Name	New	Current
Yasuyuki Kimoto	(Retiring from the Board)	External Director,
Chairperson of the Board
Shinji Asatsuma	External Director	(No current appointment)
	Director,
	Representative Executive	Representative Executive
Munehiro Hosonuma	Officer,	Officer,
	Vice President and COO	Vice President and COO
	(Chief Operating Officer)
	Director,
Tony Fradgley	Senior Executive Officer,	Senior Executive Officer,
CTrO	CTrO
	(Chief Transformation Officer)

The Company has criteria for independence of External Directors with respect to the relationship of that External Director, or a nominee thereof, with the NSG Group, its other Directors and Officers and/or major shareholders, taking into account the criteria of independence set out by the Tokyo Stock Exchange. Shinji Asatsuma satisfies these criteria and are therefore nominated as Independent External Director.

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Joined Nikken Sekkei Ltd Joined Boston Consulting Group

Joined Sumitomo 3M Limited (Currently 3M Japan Limited)

Business Development Senior Manager, Display and Graphics Business Group General Manager, Cleaning and Workplace Safety Division of Sumitomo 3M Limited General Manager, Infection Prevention Division of 3M Japan Limited

Joined the Company

Senior Corporate Officer, CCPO (Chief Corporate Planning Officer) Senior Executive Officer, Head of Architectural Glass SBU Representative Executive Officer, Vice President and COO (Present)

1. Profile of Nominees Shinji Asatsuma
   【Date of Birth】2 February 1961

April 1984	Joined Kansai Paint
April 2012	Executive Officer, General Manager Corporate Planning Office
April 2015	Managing Executive Officer, General Manager International Div.
June 2016	Director, Managing Executive Officer, General Manager Administration Div.
April 2018	Director, Managing Executive Officer, in charge of Management, Corporate Planning,
	IS, Human Resources Planning, General Manager Administration Div.
June 2019	External Director, Kyushu Railway Company (Present)

Munehiro Hosonuma

【Date of Birth】27 November 1972 【Biography】

April 1998

July 2005 October 2010

September 2013

April 2017

August 2018

January 2021

April 2022

Tony Fradgley

【Date of Birth】4 June 1968 【Biography】

January 1989	Joined RAC Motoring Services Ltd.
November 1994 Finance Manager, Operations
September 1996 Joined GE Capital (CTR Ltd. & TIP Trailer Rental Ltd.) Financial Controller
September 1998	Joined Pilkington plc (Currently Pilkington Group Ltd.)
	Financial Controller, Automotive (hereafter "Auto") AGR Europe
January 2004	Finance Director, Auto UK and Auto AGR Europe
January 2006	Finance Director, Auto AGR
September 2007	Managing Director, Auto AGR Europe
February 2012	Senior Corporate Officer, Head of Auto AGR
April 2015	Senior Corporate Officer, Head of Auto AGR and Auto OE
April 2016	Executive Officer, Head of Auto AGR and Auto OE
June 2019	Senior Executive Officer, Head of Auto AGR and Auto OE
October 2020	Senior Executive Officer, CTrO (Present)

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2. Future arrangements

Yasuyuki Kimoto is to retire from the Board of Directors at the end of the 156th Ordinary General Meeting of Shareholders to be held on 29 June 2022, after serving as an Independent External Director for the full term of six years since the appointment in June 2016, in accordance with the NSG Group Corporate Governance Guidelines.

The proposed appointments of Shinji Asatsuma, Munehiro Hosonuma, and Tony Fradgley are subject to shareholders' approval and will be formally decided at the 156th Ordinary General Meeting of Shareholders which will be held on 29 June 2022. With these appointments, the number of Independent External Directors would be four after the change, which equals to half of the Board of Directors consisting of eight members in total.

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