CosmoSteel : Change - Announcement Of Appointment Of Executive Director

Yes. Assistant to the Chief Executive Officer of the Company ('CEO'), with, including but not limited to, the following duties:

1) Expanding the Company's business, such as business for Japanese customers, where Hanwa has a strength in;

2) Expanding the Company's international business through collaboration with Hanwa's global network;

3) Facilitating the communication with Hanwa to foster a strategic alliance;

4) Assisting in the procurement function of the Group within the guidelines established by the Board and report to the CEO of the Company;

5) Developing and recommending to the CEO the strategic directions for the Group's procurement functions;

6) Developing and implementing policies and procedures to enhance the effectiveness and efficiency of the procurement functions of the Group and to ensure that these policies and procedures are ISO compliant;

7) Carrying out any other duties as may be delegated by the Board and/or the CEO from time to time;

in pursuance of his duties hereunder perform such services for any existing or future subsidiary or subsidiaries of the Company and without further remuneration (unless otherwise agreed) accept such offers in any such companies as the Board may from time to time reasonably require.