February 28, 2020

For Immediate Release

Sumitomo Forestry Co., Ltd.

Changes in Representative Directors

Sumitomo Forestry Co., Ltd. hereby announces that the Board of Directors met on February 28, 2020 and passed the following resolutions for changes in the Representative Directors of Sumitomo Forestry Co., Ltd. to take effect on April 1, 2020.

1. Details of changes

New position

Current position

Appointment

Akira Ichikawa

Chairman of the Board and

Representative Director

Representative Director

President and Executive Officer

Toshiro Mitsuyoshi

Representative Director

Director

President and Executive Officer

Senior Managing Executive Officer

Retirement

Ryu Yano

Director and Corporate Advisor

Chairman of the Board and

Representative Director

2. Reason for changes

To strengthen the management system and further develop the businesses of Sumitomo Forestry and the Sumitomo Forestry Group.

3. Biography of new Representative Director

New position

Representative Director / President and Executive Officer

Name

Toshiro Mitsuyoshi

Date of birth

May 23, 1962

(57 years old)

Career

April 1985

Joined the Company

April 2008

General Manager of Overseas Development Department,

Overseas Business Division

June 2010

Executive Officer

General Manager of Overseas Business Department, Overseas

Business Division

April 2011

Managing Executive Officer

Divisional Manager of Overseas Business Division

April 2014

Managing Executive Officer

Deputy Divisional Manager of Housing Division

June 2014

Director and Managing Executive Officer

In charge of Tohoku Reconstruction Support,

Deputy Divisional Manager of Housing Division

April 2015

President and Representative Director of Sumitomo Forestry

Home Tech Co., Ltd.

April 2017

Director and Managing Executive Officer

Divisional Manager of Housing Division

April 2018

Director and Senior Managing Executive Officer

Divisional Manager of Housing and Construction Division

Shares held

9, 000

(As of March 31, 2019)

4. Effective date

April 1, 2020

1

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Disclaimer

Sumitomo Forestry Co. Ltd. published this content on 19 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2020 07:57:21 UTC