Makoto Takeda (Corporate Officer; General Manager, Carbon Division) will resign as Corporate Officer on January 3, 2022. He will be newly appointed Executive Officer on January 4, 2022. He will continue working as General Manager, Carbon Division. Katsuyuki Tsuji (Corporate Officer; General Manager, Advanced Battery Materials Division; President, Showa Denko Packaging Co. Ltd.) will resign as Corporate Officer on January 3, 2022. He will be newly appointed Executive Officer on January 4, 2022. He will continue working as General Manager, Advanced Battery Materials Division, and President, Showa Denko Packaging Co. Ltd. There will be the following changes in corporate officers? responsibilities as from January 4, 2022: Hidehito Takahashi (Managing Corporate Officer; Chief Strategy Officer (CSO); officer in charge of Coating Materials Department, Carbon and Ceramics divisions, Yokohama and Shiojiri plants, and Corporate Strategy Department) will be promoted to Corporate Officer, President and Chief Executive Officer (CEO) on January 4, 2022. Keiichi Kamiguchi (Managing Corporate Officer; Chief Risk Officer (CRO); General Manager, Preparation Office for Group CRO; officer in charge of Internal Audit, Legal, CSR & General Affairs, Human Resources, Purchasing & SCM departments; Chairman, Security Export Control Committee) will work as Managing Corporate Officer; Chief Risk Officer (CRO); and Chairman, Security Export Control Committee, effective January 4, 2022. Hiroshi Sakai (Corporate Officer; Chief Technology Officer (CTO); General Manager, Preparation Office for Group CTO; officer in charge of Advanced Battery Materials Division, Institute for Integrated Product Development, Corporate R&D and Intellectual Property departments) will be promoted to Managing Corporate Officer. He will continue working as CTO. Meanwhile, Hiroyuki Yamashita (General Manager, Preparation Office for Electronics Business Headquarters, SDK) (Corporate Officer, Vice President; Chief Risk Management Officer (CRO), General Manager in charge of supervision of Information and Communication Business, SDMC) will be newly appointed Managing Corporate Officer of SDK on January 4, 2022. He will continue working as General Manager, Preparation Office for Electronics Business Headquarters, SDK. Mitsuo Katayose (General Manager, Preparation Office for Advanced Functional Materials Business Headquarters, SDK) (Managing Corporate Officer, Chief Technology Officer (CTO); General Manager, Research and Innovation Promotion Headquarters, SDMC) will be newly appointed Corporate Officer of SDK on January 4, 2022. He will continue working as General Manager, Preparation Office for Advanced Functional Materials Business Headquarters, SDK. Shigeru Fujita (General Manager, Preparation Office for Group CMO, SDK) (Managing Corporate Officer; General Manager, Marketing and Sales Operations; Deputy General Manager, Information and Communication Business Headquarters, SDMC) will be newly appointed Corporate Officer; Chief Marketing Officer (CMO) on January 4, 2022. Yoshito Ishii (General Manager, Preparation Office for Preparation Office for Mobility Business Headquarters, SDK) (Corporate Officer; Deputy General Manager, Mobility Business Headquarters, SDMC) will be newly appointed Corporate Officer. He will continue working as General Manager, Preparation Office for Preparation Office for Mobility Business Headquarters, SDK. Nori Imai (General Manager, Preparation Office for Group CHRO, SDK) (Corporate Officer; Chief Strategy Officer (CSO), SDMC) will be newly appointed Corporate Officer; Chief Human Resource Officer (CHRO) on January 4, 2022. Masami Tobito (Councilor; General Manager, Preparation Office for Group CMEO/CQO) will resign as Councilor on January 3, 2022. He will be newly appointed Corporate Officer; Chief Operations, Manufacturing and Engineering Officer (CMEO)/Chief Quality Officer (CQO); and Chairman, Safety Measures Committee on January 4, 2022. Hideki Shibata (Associate Councilor; General Manager, Information Systems Department; General Manager, Preparation Office for Group CDO) will be appointed Corporate Officer; Chief Digital Officer (CDO) on January 4, 2022. Meanwhile, Hiroshi Daio (Councilor; General Manager, Process Solutions Center, Production Technology Department), Hitoshi Iwade (Councilor; Plant Manager, Chichibu Plant), Toru Kuroe (Councilor; General Manager, Production & Technology Control Department, Device Solution Division), Toshi Tsuzuki (Councilor; General Manager, Intellectual Property Department), Iwao Hashimoto (Councilor; Plant Manager, Kitakata Plant), Takuya Okubo (Councilor; General Manager, Ceramics Division; President, Showa Denko Ceramics Co. Ltd.) and Kiyofumi Matsuoka (Councilor; General Manager, Aluminum Specialty Components Division) will resign as councilors on January 3, 2022. Daio will become Corporate Expert, Process Solutions Center, Production Technologies Department. Iwade will become Corporate Expert, Device Solutions Division and Electronics Materials Project. Kuroe will become Corporate Expert, Business Development Department, Device Solutions Division. Tsuzuki will become Corporate Expert, Intellectual Property Department. Okubo will become Counselor, G?ETECHNOS Corporation. Matsuoka will assume the post of Director, Showa Denko Gas Products Co. Ltd. These new positions will be effective on January 4, 2022.There will be the following changes in councilors? responsibilities as from January 4: Tamami Koyama (Councilor, Assistant to President) will become Councilor, Human Resources Department. Mitsuhiro Yada (Councilor; General Manager, Functional Chemicals Division) will become Councilor, Preparation Office for Advanced Functional Materials Business Headquarters. Jun Ogawa (Councilor; Chief Representative of SDK in China; General Manager, China Office, Corporate Strategy Department; President, Showa Denko (Shanghai) Co. Ltd.) will become Councilor of SDK, and President, Showa Denko (Shanghai) Co. Ltd. Makoto Kimura (Councilor; General Manager, Responsible Care Department; General Manager; Environment & Safety Office) will become Councilor; General Manager, Responsible Care Department. Satoshi Hara (Councilor; General Manager, Basic Chemicals Division) will become Councilor; General Manager, Basic Chemicals Division and General Manager, Preparation Office for Integration of Basic Chemicals Businesses.