Sheng Yu Steel Co., Ltd. announced the change of representative of juristic-person director. Name of the previous position holder: Mr. Hiroshi Yanagisawa.Resume of the previous position holder: Bachelor degree, Seikei University faculty of economics Director of Toyotsu Tekkou Hanbai Corporation. Name of the new position holder: Hidekazu Sugahara.

Resume of the new position holder: School of Economics and Management, Kobe University of Commerce. Minister of Metal Products Division, Toyota Tsusho Corp. Reason for the change: Re-designation.

Original term: from June 16, 2023 to June 15, 2026. Effective date of the new appointment: April 01, 2024.