Akebono Brake Industry : Announcement Regarding Nomination of Candidates for Director

(NOTE) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the Japanese original shall prevail.

Date: May 15, 2024

Company Name: Akebono Brake Industry Co., Ltd.

Representative: Yasuhiro Miyaji, President & CEO

(Securities Code: 7238 TSE Prime Market)

Announcement Regarding Nomination of Candidates for Director

By resolution of a meeting of the Board of Directors held on May 15, 2024, upon receipt of the report from the Director Nomination Advisory Committee, Akebono Brake Industry Co., Ltd. (hereinafter the "Company") announces the below proposal for nomination of new Director at the 123rd Ordinary General Meeting of Shareholders scheduled to be held on June 26, 2024.

1. Candidate for new Director (excluding Directors who are Audit & Supervisory Committee Members)

Name	Current Position
Takashi Komagata*	-
* (Note) Candidate for Outside Director

Regarding the re-election of candidates for Directors, the Company also announces that it resolved at a meeting of the Board of Directors held on April 18, 2024, as follows.

Name	Current Position
Yasuhiro Miyaji	Representative Director, President & CEO
Masaaki Ando	Executive Officer, COO

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2. Brief Personal History of New Candidate for Outside Director

		Name		Career Summary and Significant Concurrent Positions
	(Date of Birth)
					April 1999	Joined The Sumitomo Bank, Ltd. (currently Sumitomo Mitsui
						Banking Corporation
					Oct. 2000	Joined Asahi Arthur Andersen Ltd. (currently KPMG Consulting
						Co., Ltd.)
					Nov. 2002	Joined Nomura Securities Co., Ltd.
					Oct. 2006	Joined Morgan Stanley Securities Co., Ltd. (currently Mitsubishi
						UFJ Morgan Stanley Securities Co., Ltd.)
Takashi Komagata	Feb. 2009	Joined Marunouchi Capital Inc.
May 2011	Director, Japan Industrial Solutions Co., Ltd.
	(May 6, 1976)
	Jan. 2015	Managing Director, Japan Industrial Solutions Co., Ltd.
		New Election
				Dec. 2019	Director, Japan Industrial Solutions Co., Ltd. (Current)
		Candidate for
				Co-Head of Investment Division (Current)
	Outside Director
					Sept. 2020	Outside Director, Mitsuba Corporation (Current, scheduled to resign
						as of June 2024)
					Dec. 2023	Outside Director, NIPPON CHEMI-CON CORPORATION
						(Current)
					(Significant Positions Held Concurrently)
					Director, Japan Industrial Solutions Co., Ltd.
					Outside Director, NIPPON CHEMI-CON CORPORATION

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