Rinnai Corporation provided information on a decision by the Board of Directors at its meeting on May 10, 2016 to change the following director and personnel changes. The changes are implemented by resolution at the Ordinary General Meeting of Shareholders being held on June 28, 2016, and at the Board of Directors meeting after the shareholders' meeting. The company proposed Takashi Kamio, Chairman of Sasaeai, specified nonprofit corporation as director with effect from June 28, 2016. The company proposed Takashi Sonoda, President of Rinnai America Corporation, Haruhiko Ishikawa Executive Officer, and General Manager of Administration Division, Administration Headquarters, Masaaki Matsuoka Certified Public Accountant, President of Masaaki Matsuoka Office and Ippei Watanabe Substitute Audit & Supervisory Board Member, Lawyer at Ohta & Watanabe Law firm to the Audit & Supervisory Board Member effective June 28, 2016. The company proposed Audit & Supervisory Advisor Board Member, Yasuhiko Goto to retire on June 28, 2016. After resignation he will become advisor to the company. The company proposed to retire Toshinori Tsutsumi, Kiyoakira Fukui and Kinya Nankan as Audit & Supervisory Board Members effective June 28, 2016. The company proposed to appoint Yuzo Yoshida currently Director and Senior Managing, Executive Officer, General Manager of Overseas Business Headquarters, and General Manager of Group Sales & Marketing Division as Director and Senior Managing, Executive Officer, General Manager of Overseas Business Headquarters, and President of Rinnai America Corporation, effective June 28, 2016. The company proposed to appoint Takuya Ogawa currently General Manager of Corporate Communication Division, Administration Headquarters to General Manager of Administration Division, and Corporate Communication Division, Administration Headquarters effective June 28, 2016.