Suntory Beverage & Food : Notice concerning Changes of Executive Officers

January 24, 2017

Company Name: Suntory Beverage & Food Limited Representative: President & CEO Saburo Kogo

(Securities code: 2587, First Section, Tokyo Stock Exchange) Inquiries: Nobuhiro Yasui,

Senior General Manager,

Corporate Communication Division

TEL. [phone] (from overseas)

Notice concerning Changes of Executive Officers

Suntory Beverage & Food Limited hereby notifies you that at a meeting of the Board of Directors held today, it was informally decided to make the following changes to the Company's executive officers.

1. Changes of Suntory Beverage & Food Limited's Executive Officers

1. Changes to Executive Officer

   Hideo Tsujimura	Executive Vice President, Chief Operating Officer, Member of the Board	Present Position: Senior Managing Director, Member of the Board, Suntory Holdings Limited President, Chief Executive Officer, Member of the Board, Representative Director, Suntory Business Expert Limited
   Mika Masuyama	Director, Member of the Board (Member of the Audit & Supervisory Committee) (external)

   *Hideo Tsujimura will retire from the positions of Senior Managing Director, Member of the Board, Suntory Holdings Limited, President, Chief Executive Officer, Member of the Board, Representative Director, Suntory Business Expert Limited .

   Saburo Kogo	President, Chief Executive Officer, Member of the Board, Representative Director
   Nobuhiro Kurihara	Senior Managing Director, Member of the Board
   Yukio Okizaki	Senior Managing Director, Member of the Board
   Nobuhiro Torii	Director, Member of the Board
   Yukari Inoue	Director, Member of the Board (external)
   Harumichi Uchida	Director, Member of the Board (Member of the Audit & Supervisory Committee) (external)

   Yoshihiko Kakimi	Present Position: Director, Member of the Board
   Masato Tsuchida	Present Position: Director, Member of the Board
   Hachiro Naiki	Present Position: Director, Member of the Board
   Yukihiko Uehara	Present Position: Director, Member of the Board (Member of the Audit & Supervisory Committee) (external)

   *Masato Tsuchida will become Managing Executive Officer, Suntory Beverage & Food Limited.

   *Hachiro Naiki will become Managing Executive Officer, Suntory Beverage & Food Limited.

2. Date for Assumption of Office

The date for assumption of office will be formally decided at the Ordinary General Meeting of Shareholders scheduled for late March, 2017, and at the Board of Directors to be held subsequent to this meeting.