Nitto Boseki : Announcement of Changes in Representative and CEO and Personal Change of Executive Officers （125KB）

December 26, 2023

Press Release

Company name: Nittobo (registered as Nitto Boseki Co., Ltd.)

Representative: Yuichi Tsuji, Director, Representative and Chief Executive Officer

(Securities Code: 3110, TSE Prime Market)

Contact: Nobuko Tame, General Manager, Corporate Communication Dept. (Tel: [phone])

Announcement of Changes in Representative and CEO

and Personal Change of Executive Officers

Nittobo (the "Company") announces that the Board of Directors has resolved changes in Representative and personal changes of Executive Officers at the meeting held today.

1. Changes in Representative and Chief Executive Officer [Effective April 1, 2024]

1. Reason for the change
   To achieve sustainable development of our group and further enhancement of the corporate value
2. Details of the change

Name	Current Position	New Position
Yuichi Tsuji	Director	Director
Representative and Chief Executive Officer	Representative and Chairman
	Representative Senior Managing Executive
Hiroyuki Tada*	Officer	Representative and Chief Executive
Responsible for the Corporate Management	Officer
	Division and the Textile Division

• Scheduled to be appointed to the Board of Directors at the Ordinary General Meeting of Shareholders to be held in June, 2024

1. Profile of new Representative and CEO Hiroyuki Tada
   Date of birth: July 17, 1961

Profiles:	April, 1985	Joined Nitto Boseki Co., Ltd.
	April, 2017	Executive Officer, General Manager of the Yarn and Textile Division
	October, 2018	Executive Officer, General Manager of the Glass Fiber Division
	April, 2020	Managing Executive Officer, Responsible for the Corporate Management
		Division and the Yarn and Textile Division, General Manager of the
		Corporate Business Planning Division
	April, 2023	Representative Senior Managing Executive Officer, Responsible for the
		Corporate Management Division, and the Textile Division

Number of the Company's shares owned: 5,500 shares 1

2. New Executive Management Structure [Effective April 1, 2024]

Name	Position	Responsibility
Yuichi Tsuji	Representative and	Chairman
Chairman
Hiroyuki Tada	Representative and	CEO
Chief Executive Officer
Hisanobu Hayashi	Senior Managing	Division General Manager of the Electronic Materials
Executive Officer	Business Division
Yasushi Okahisa	Senior Managing	Division General Manager of the Corporate Management
(promoted)	Executive Officer	Division
Takanobu Matsunaga*	Senior Executive Officer	Aide to CEO
Akimasa Kajita	Senior Executive Officer	Deputy Division General Manager of the Electronic
(promoted)	Materials Business Division
Hiroki Kajikawa	Senior Executive Officer	Deputy Division General Manager of the Corporate
(promoted)	Management Division
Katsuya Hatanaka	Executive Officer	Deputy Division General Manager of the Medical
Business Division
Masaki Ito	Executive Officer	Division General Manager of the Composite Materials
Business Division
Koichi Nakamura	Executive Officer	Division General Manager of the Technology
Development Division
Masao Fukushima	Executive Officer	Division General Manager of the Medical Business
(newly appointed)	Division
Hiroyuki Tanida	Executive Officer	Deputy Division General Manager of the Corporate
(newly appointed)	Management Division
Shotaro Yasuda	Executive Officer	Division General Manager of the Materials Solution
(newly appointed)	Business Division

*Takanobu Matsunaga is scheduled to retire as Executive Officer in June, 2024.

3. Technical Supervisor (SV) System [Effective April 1, 2024]

The newly reorganized Technology Development Division will be supported by Technical Supervisors, who will be responsible for taking the initiative in solving urgent and important issues across Business Divisions.

Kazuhiko Igarashi	Senior Technical Supervisor
Yuji Sugama	Technical Supervisor

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