Taiyo : Notice regarding changes in representative directors (Additional Appointment) and responsibility of directors

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

June 20, 2022

To whom it may concern:

Company Name:	TAIYO HOLDINGS CO., LTD.
Representative:	Eiji Sato, President and CEO
	(Code: 4626, Listed on Prime Market of
	Tokyo Stock Exchange)
Inquiries:	Sayaka Tomioka, Executive Officer,
	General Manager of Corporate Planning
	Department
	Tel: [phone] (main line)

Notice regarding changes in representative directors (Additional Appointment) and

responsibility of directors

TAIYO HOLDINGS CO., LTD. (hereinafter, "Taiyo Holdings") hereby announces that it has resolved at the meeting of the Board of Directors held on June 18, 2022, to change in representative directors (Additional Appointment) and responsibility of directors as follows.

1. Changes in representative directors (Additional Appointment)

1. Reason for changes

We increase the number of representative directors by 1 (one) to further strengthen and enhance the management structure of our group and to respond quickly to changes in the business environment.

(2) Name and title of additional appointed representative director

Name	Hitoshi Saito
New Title	Vice President

1. The number of shares of Taiyo Holdings held by additional appointed representative director Common Stock: 60,718 Shares
2. Career history of additional appointed representative director

	1995	November	Win System Inc. (Win System	Marketing Manager
	Europe)
	1996	September	Taiyo Ink Mfg. Co., Ltd. (now Taiyo	(Joined)
	Holdings Co., Ltd.)
	2001	June	Taiyo Ink International (Singapore)	Managing Director
			Pte Ltd.
	2001	July	Taiyo Ink (Thailand) Co., Ltd.	Director and General Manager
				General Manager of
	2010	July	Taiyo Holdings Co., Ltd.	International Business
Career				Department
2012	June	Taiyo Ink Mfg. Co., Ltd.	Director
history
	2015	April	Taiyo Ink Products Co., Ltd.	President and CEO
	2016	May	Taiyo Ink Mfg. Co., (Korea) Ltd.	President and CEO
		June	Taiyo Holdings Co., Ltd.	Director
	2016
	2016	July	Taiyo Holdings Co., Ltd.	Director and Senior Executive
	Officer
	2019	April	Taiyo America, Inc.	Director (ongoing)
	2019	October	Taiyo Ink International (Singapore)	Director (ongoing)
			Pte Ltd
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ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

	2020	February	Taiyo Trading (Thailand) Co., Ltd.	Director (ongoing)
	2020	April	Taiyo Ink Mfg. Co., (Korea) Ltd.	Chairman and CEO
			Taiyo Ink Products Co., Ltd.	Chairman and CEO
	2020	May	Taiwan Taiyo Ink Co., Ltd	Chairman of the Board
	(ongoing)
			Onstatic New Material (JiangXi)	Director (ongoing)
			Co., Ltd.
	2020	June	Onstatic Ink (Shenzhen) Co., Ltd.	Director
			Taiyo Circuit Automation, Inc.	Director
			Taiyo Ink Vietnam Co., Ltd	Chairman (ongoing)
	2021	October	Onstatic Technology Co., Ltd.	Chairman of the Board
Career	(ongoing)
history	2021	December	Taiyo Ink (Suzhou) Co., Ltd.	Chairman of the Board
	(ongoing)
			Onstatic Ink (Shenzhen) Co., Ltd.	Chairman of the Board
			(ongoing)
	2022	January	TBF Semiconductor Material	Director (ongoing)
	(Shenzhen) Co., Ltd.
			Taiyo Ink Trading (Shenzhen) Co.,	Chairman of the Board
			Ltd.	(ongoing)
			Taiyo Ink Mfg. Co., (Korea) Ltd.	Director (ongoing)
			Taiyo Ink Products Co., Ltd.	Director (ongoing)
				Senior Executive Officer
	2022	May	Taiyo Holdings Co., Ltd.	CEO of Electronics Company
				(ongoing)

1. Date of appointment June 18, 2022

2. Responsibility of directors Dated June 18, 2022

Name	Responsibility and Title

President

Group Chief Executive Officer (CEO)

Officer (Risk Management)

CEO (Medical & Pharmaceutical Company)

Eiji Sato Taiyo Ink Mfg. Co., Ltd. Director

Taiyo Ink (Suzhou) Co., Ltd. Director

Onstatic Technology Co., Ltd. Director

Taiyo Pharma Co., Ltd. Representative Director and CEO

Taiyo Pharma Tech Co., Ltd. President

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ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

Name	Responsibility and Title
	Vice President
	CEO (Electronics Company)
	Officer (Display Material Project)
	Taiyo Ink Mfg. Co., Ltd. Director
	Taiyo Ink (Suzhou) Co., Ltd. Chairman of the Board
	Taiyo Ink Trading (Shenzhen) Co., Ltd Chairman of the Board
	Taiwan Taiyo Ink Co., Ltd Chairman of the Board
	Taiyo Ink Mfg. Co., (Korea) Ltd. Director
Hitoshi Saito	Taiyo America, Inc. Director
	Taiyo Ink International (Singapore) Pte Ltd Director
	Onstatic Technology Co., Ltd. Chairman of the Board
	Onstatic Ink (Shenzhen) Co., Ltd. Chairman of the Board
	Taiyo Ink Products Co., Ltd. Director
	Taiyo Trading (Thailand) Co., Ltd. Director
	Taiyo Ink Vietnam Co., Ltd. Chairman
	Onstatic New Material (JiangXi) Co., Ltd. Director
	TBF Semiconductor Material (Shenzhen) Co., Ltd. Director
	Director
	Compliance Officer
Eiji Takehara	Chairman of the Board of Directors
	Officer in charge of R&D Div.
	Taiyo Green Energy Co., Ltd. Director
	Director
Masao Arima	CBDO (Medical & Pharmaceutical Company)
Taiyo Pharma Co., Ltd. Representative Director and COO
	Taiyo Fine Chemical Co., Ltd. Director
	Taiyo Pharma Tech Co., Ltd. Director
Tomoyuki Tanaka	Director
Masayuki Hizume	Outside Director
Keiko Tsuchiya	Outside Director
Asako Aoyama	Outside Director
Yumiko Kamada	Outside Director

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