Re: Decision of Director Candidates

April 27, 2020

To whom it may concern:

Re: Decision of Director Candidates

We are pleased to announce that director candidates to be proposed at the 63rd ordinary general meeting of shareholders were decided as follows at the nomination committee meeting held today.

- Description -

1. Director Candidates (represents present post)

Outside		Koichiro Hiraiwa	(Outside Director / Representative Director
Director			of Dream Estate Tokyo Inc.)
Outside		Wataru Sueyoshi	(Outside Director / Attorney at law of
Director			Sueyoshi & Sato)
Outside		Takashi Nakamura	(Outside Director)
Director
Outside		Yuri Sasaki	(Outside Director / Dean, Professor of
Director			Faculty of Economics, Meiji Gakuin
			University)
Outside	[Newly appointed]	Masahiko Hasegawa	(Vice President and Executive Officer,
Director			Hitachi, Ltd.)
Outside	[Newly appointed]	Koichiro Oshima	(Managing Executive Officer, Mitsubishi
Director			UFJ Financial Group, Inc., Managing
			Executive Officer, MUFG Bank, Ltd.,
			Managing Executive Officer, Mitsubishi
			UFJ Securities Holdings Co., Ltd.)
Director		Seiji Kawabe	(Director / Representative Executive Officer,
			President and Chief Executive Officer)
Director		Kiyoshi Kojima	(Director)

[Note]

1. Six Director candidates, Mr. Koichiro Hiraiwa, Mr. Wataru Sueyoshi, Mr. Takashi Nakamura, Ms. Yuri Sasaki, Mr. Masahiko Hasegawa, and Mr. Koichiro Oshima are candidates for outside director as stipulated by Regulation for Enforcement of the Companies Act.
2. Four Director candidates, Mr. Koichiro Hiraiwa, Mr. Wataru Sueyoshi, Mr. Takashi Nakamura and Ms. Yuri Sasaki satisfy with the requirement of Independent Directors determined by Tokyo Stock Exchange, Inc.

Each Committee will be composed of the following members (Chairman, Underlined)

Nominating Committee	Wataru Sueyoshi, Koichiro Hiraiwa, Yuri Sasaki
Audit Committee	Takashi Nakamura, Wataru Sueyoshi, Yuri Sasaki, Kiyoshi Kojima
Remuneration Committee	Yuri Sasaki, Wataru Sueyoshi, Seiji Kawabe
	-more-

-2-

2. Retiring Directors (represents present post)

Yoshitaka Tsuda	(Outside Director)
Makoto Kobayashi	(Outside Director)

3. Biography of Newly appointed Director Candidates

1. Name ： Masahiko Hasegawa
   Date of birth ： September 17, 1964 (55-years old)
   Biography ： April 2020 Vice President and Executive Officer, in charge of Regional

Strategies [Japan], General Manager and Deputy General

Manager of Corporate Sales & Marketing Group, and CMO of

Energy Sector, Hitachi, Ltd.(incumbent)

April 2018 General Manager of Kansai Area Operation, Hitachi, Ltd.

April 2017 Project Leader, Infrastructure Maintenance Project, Future

Investment Division, Hitachi, Ltd.

April 2016 Service & Platforms Business Unit, General Manager of Service

Business Division, Service Management Group, Social Innovation

Business Division, Hitachi, Ltd.

April 2015 General Manager of Service Business Division, Social Innovation

Business Division, Hitachi, Ltd.

May 2014 General Manager of Global Operations Marketing 2, Global

Business Planning & Operations Division, Information &

Telecommunication Systems Company, Hitachi, Ltd.

April 1987 Joined Hitachi, Ltd.

(2) Name	： Koichiro Oshima
Date of birth	： April 5, 1966 (54-years old)
Biography	： April 2020	Managing Executive Officer, Head of Financial Solutions Unit,
		Mitsubishi UFJ Financial Group, Inc., Managing Executive Officer,
		Head of Financial Solutions Group, MUFG Bank, Ltd., Managing
		Executive Officer, General Managing Officer of O&D Planning
		Division, Supervisory Executive of Global Markets Sales and
		Trading Division (Special Assignment), Deputy Global Head of
		Sales & Trading -Solutions, International Supervision Executive of
		Capital Markets, Mitsubishi UFJ Securities Holdings Co., Ltd.
		(incumbent)
	June 2019	Executive Officer, Supervisory Executive of O&D Planning Division,
		Deputy Supervisory Executive of Global Markets Sales and
		Trading Division (Special Assignment), Mitsubishi UFJ Securities
		Holdings Co., Ltd.
	June 2018	Executive Officer, Supervisory Executive of Global Markets
		Business Planning Division (Special Assignment), Deputy General
		Manager of Financial Solution Division, Mitsubishi UFJ Morgan

Stanley Securities Co., Ltd., Executive Officer, Deputy General

Manager of Global Business Strategy Division, Mitsubishi UFJ

Securities Holdings Co., Ltd.

-more-

	-3-
May 2018	Executive Officer, MUFG Bank, Ltd.
May 2017	Executive Officer and General Manager, Head of Structured
	Finance Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd.
June 2016	Executive Officer and General Manager, Asian Investment Banking
	Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd.
April 1989	Joined The Sanwa Bank, Limited (Current MUFG Bank, Ltd.)
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