Japan Petroleum Exploration : Notice regarding Change of Directors and Audit & Supervisory Board Members(116.0 KB)

Note: The following is an English translation of the Japanese-language original

May 14, 2024

Japan Petroleum Exploration Co., Ltd.

Notice regarding Change of Directors and Audit & Supervisory Board Members

Japan Petroleum Exploration Co., Ltd. (JAPEX) announced that the following change of Directors and Audit & Supervisory Board Members are tentatively resolved at the Board of Directors' meeting held today. The changes are subject to approval at the 54th ordinary general meeting of shareholders and the Board of Directors' meeting subsequently to be held on June 26, 2024.

1. Change of Directors (as of June 26, 2024) * Changes are underlined

1) Candidate of New Director

Name	New Position	Current Position
	Director, Managing Executive Officer	Managing Executive Officer
FUNATSU Jiro	In charge of Administration & Legal Dept.,	In charge of Administration & Legal Dept.,
	and Human Resources Dept.	and Human Resources Dept.

2) Retirement of Director

Name	New Position	Current Position
WATANABE Osamu	Special Advisor	Director,
Special Advisor

2. Change of Audit & Supervisory Board Members (as of June 26, 2024) * Changes are underlined

1) Candidate of New Audit & Supervisory Board Members

Name	New Position	Current Position
		Commissioned Advisor
TAKAHATA Shinichi	Audit & Supervisory Board Member	Assistant of the executive in charge of
		Corporate Strategy Dept.
KATO Yoshitaka	Outside Audit & Supervisory Board Member*	-

* The Outside Audit & Supervisory Board Member is stipulated under Article 2-16 of the Companies Act of Japan.

1 / 4

2) Retirement of Audit & Supervisory Board Members

Name	New Position	Current Position
NAKAMURA Mitsuyoshi	-	Audit & Supervisory Board Member
MOTOYAMA Hiroshi	-	Outside Audit & Supervisory Board Member*

• The Outside Audit & Supervisory Board Member is stipulated under Article 2-16 of the Companies Act of Japan.

Appendix: Executives of Japan Petroleum Exploration Co., Ltd. (as of June 26, 2024)

2 / 4

Executives of Japan Petroleum Exploration Co., Ltd. (as of June 26, 2024) [Directors] (11)

Title	Name	Business Duty
Director and Chairman	FUJITA Masahiro	-
Representative Director and President	YAMASHITA Michiro	-
Chief Executive Officer
Representative Director	ISHII Yoshitaka	Advisor to President, President of Power Business
Executive Vice President	Division, in charge of Secretary Office
Director	NAKAJIMA Toshiaki	In charge of Corporate Communication Office,
Managing Executive Officer	Corporate Strategy Dept.
Director	TEZUKA Kazuhiko	President of Technical Division
Managing Executive Officer
Director	FUNATSU Jiro	In charge of Administration & Legal Dept., and
Managing Executive Officer	(New)	Human Resources Dept.
Outside Director	ITO Tetsuo	-
Outside Director	YAMASHITAYukari	-
Outside Director	KAWASAKI Hideichi	-
Outside Director	KITAI Kumiko	-
Outside Director	SUGIYAMAYoshikuni	-

Note) ITO Tetsuo, YAMASHITA Yukari, KAWASAKI Hideichi, KITAI Kumiko, and SUGIYAMA Yoshikuni are the Outside Directors as stipulated under Article 2-15 of the Companies Act of Japan.

[Audit & Supervisory Board Members] (4)

Title	Name	Business Duty
Audit & Supervisory Board Member	MOTOYAMAYoshihiko	-
Audit & Supervisory Board Member	TAKAHATA Shinichi	-
(New)
Outside Audit & Supervisory Board Member	KAWAKITA Chikara	-
Outside Audit & Supervisory Board Member	KATO Yoshitaka	-
(New)

Note) KAWAKITA Chikara and KATO Yoshitaka are the Outside Audit & Supervisory Board Members as stipulated under Article 2-16 of the Companies Act of Japan.

3 / 4

[Executive Officers who are not concurrently Director] (13)

Title	Name	Business Duty
Senior Managing Executive Officer	SUGA Tsuyoshi	President of Marketing & Sales Division, in charge of
Procurement Dept.
Managing Executive Officer	ABE Satoshi	President of Overseas Business Division I
Managing Executive Officer	IKENO Tomonori	President of Japan Carbon Neutral Division
Managing Executive Officer	KASA Hirofumi	Vice President of Power Business Division
Managing Executive Officer	YAMADA Tomomi	President of Overseas Business Division II
		Vice President of Marketing & Sales Division,
Managing Executive Officer	NAGAHAMAYasushi	General Manager of Hokkaido Marketing & Sales
		Office of Marketing & Sales Division
Executive Officer	NAKANO Masanori	General Manager of Nagaoka District Office
Executive Officer	OHAMA Tadashi	In charge of LNG Marketing & Procurement Office
Executive Officer	YASUI Akira	Vice President of Power Business Division
Executive Officer	TAKAHASHI Toshihiro	President of Domestic E&P Project Division, in
charge of HSE Dept.
Executive Officer	SUDAAkira	President of Gas Supply & Facility Engineering
Division
Executive Officer	NISHIMURAYutaka	In charge of Finance & Accounting Dept., and Deal
Execution/PMI Support Dept.
		Vice President of Overseas Business Division I
Executive Officer	HIRATA Kazunari	General Manager of Business Development Dept. I of
		Overseas Business Division I
[Fellows] (2)
Title	Name	Business Duty
Fellow	ANRAKU Toshiyuki	(Technical Division)
Fellow	TAKANO Osamu	(Research Center, Technical Division)

Note) Fellows support the Board Members and senior managements by the high degree expertise in the specialized fields.

###

4 / 4