RENOVA, Inc. announces that a meeting of the Board of Directors held on October 10, 2018 resolved to make the following organizational changes and changes of officers as of October 1, 2018. To improve the expertise of power supply development operations, it will change the organization structure. Under the new structure, Project Management and Geothermal Energy will administer the wind power development business and geothermal development business, respectively.

In addition, with the aim to reinforce cooperation with the relevant organizations and capabilities for policy-making recommendations, the CEO's Office will be under the direct control of the CEO. As a result of these organizational efforts, the appointed duties of the Executive Officers will be changed. Tomofumi Imaoka was appointed as Executive Officer, Head of Geothermal Development and the CEO's Office from the former position of Executive Officer, Head of Wind Power and Geothermal Energy; Kiyohiko Fukuma as Executive Officer Head of Project Management and Wind Power Development from the former position of executive Officer Head of Project Management.