Teijin : Notice Regarding Change of Trade Names of Overseas Consolidated Subsidiaries

September 22, 2021

To whom it may concern

Company: Teijin Limited

Representative: Jun Suzuki, President and CEO Stock code: 3401 (First Section, Tokyo Stock Exchange)

Contact: Tomoko Torii, General Manager, Investor Relations Department TEL: +81­3­3506­4395

Notice Regarding Change of Trade Names of Overseas Consolidated Subsidiaries

Teijin Limited (the "Company") hereby announces that the Board of Directors of Continental Structural Plastics Holdings Corporation (in the U.S.), a consolidated subsidiary of the Company, resolved to change its trade name on September 21, 2021 (local time). Inapal Plasticos S.A., Benet Automotive s.r.o. and CSP Victall (Tangshan) Structural Composites Co., Ltd., consolidated subsidiaries of the Company, will also change their company names sequentially.

1. Reason for change

The Teijin Group has been pursuing global expansion in the automotive composite business as an area for future sources of earnings (Strategic Focus) under ALWAYS EVOLVING, the medium­ term management plan for 2020­2022. In this business, while maintaining and strengthening our presence in the United States with the top market share through expansion into high value­added applications with multi­material composites, we are also strengthening and expanding our business in Europe and China.

Under these circumstances, to maximize our total capabilities through the integration of information and technologies within the Group beyond regions, we have integrated related businesses and functions, built the business brand "Teijin Automotive Technologies," and decided to change the trade names of related companies. Under the new company names, we will further strengthen and expand the global presence of the Teijin Automotive Technologies business.

2. New trade names and schedule for change

Current Trade Name	New Trade Name	Scheduled date of
		change
Continental Structural	Teijin Automotive Technologies	Upon completion of
Plastics Holdings Corporation	NA Holdings Corp.	the necessary
Inapal Plasticos S.A.	Teijin Automotive Technologies	procedures under
Portugal S.A.	local laws and
Benet Automotive s.r.o.	Teijin Automotive Technologies	regulations of each
Czech s.r.o.	relevant country
		(scheduled for early
CSP Victall (Tangshan)	Teijin Automotive Technologies
Structural Composites Co., Ltd	(Tangshan) Co., Ltd	October 2021)

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3. Overview of consolidated subsidiaries

1. Continental Structural Plastics Holdings Corporation

	1)	Current trade name	Continental Structural Plastics Holdings
			Corporation
	2)	Location	255 Rex Boulevard Auburn Hills, MI 48326, USA
	3) Title and name of	Chief Executive Officer, Steve Rooney
	representative
	4)	Business	Manufacture and sale of composites
	5)	Capital	830,020 thousand U.S. dollars
(2) Inapal Plasticos S.A.
	1)	Current trade name	Inapal Plasticos S.A.
	2)	Location	R. Estação do Araújo 505, 4465­623 Leça do
			Balio, Portugal
	3) Title and name of	President, Miguel Ferraz
	representative
	4)	Business	Manufacture and sale of composites
	5)	Capital	7,200 thousand euros
(3) Benet Automotive s.r.o.
	1)	Current trade name	Benet Automotive s.r.o.
	2)	Location	Mladá Boleslav ­ Čejetice, Chobotecká 365,
			Czech Republic
	3) Title and name of	Chief Executive Officer, Kamil Suchan
	representative
	4)	Business	Manufacture and sale of composites
	5)	Capital	315,000 thousand Czech koruna
(4) CSP Victall (Tangshan) Structural Composites Co., Ltd
	1)	Current trade name	CSP Victall (Tangshan) Structural Composites
			Co., Ltd
	2)	Location	China High­Speed Train City, South Lin Yin Road,
			Feng Run District, Tangshan City, Hebei Province,
			PRC
	3) Title and name of	Chairman, Steve Rooney
	representative
	4)	Business	Manufacture and sale of composites
	5)	Capital	595 million yuan

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4. Scope of disclosure

Of companies changing their trade names, disclosure is omitted for some subsidiaries that are excluded from the disclosure in the "Status of Affiliated Companies" in our securities report.

­End­

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