Nippon Denko Co., Ltd. hereby announces that it has resolved, at a meeting of the Board of Directors held on February 27th, 2024, to change the personnel as follows.
The election of the directors is scheduled to be formally decided upon approval at the 124th Ordinary General Meeting of Shareholders to be held on March 28th, 2024.

1. Personnel changes in directors

Newly appointed candidates:

• Jiro Kobayashi (Executive Officer of NIPPON STEEL CORPORATION)
• Masakazu Tsumoda (Managing Executive Officer of Nippon Denko Co., Ltd.)
• Yasuhide Miyake (Executive Officer of Nippon Denko Co., Ltd.)

Retiring directors:

• Takayuki Koshimura
• Hideshi Kita

2. Personnel changes in directors as Audit & Supervisory Committee Member

Newly appointed candidate：

• Kazunari Itami (Outside Audit & Supervisory Board Member of Nippon Denko Co., Ltd.)
• Hokuto Nakano (Outside Director of Nippon Denko Co., Ltd.)
• Masahiro Tani (Outside Director of Nippon Denko Co., Ltd.)
• Hiroaki Kimura (Outside Audit & Supervisory Board Member of Nippon Denko Co., Ltd.)
• Aogi Suemura (Outside Audit & Supervisory Board Member of Nippon Denko Co., Ltd.)

3. Personnel changes in Audit & Supervisory Board Member

Retiring auditor:

• Yoshio Aoki

4. Executive Management (As of Marth 28th, 2024)

Title	Name	Responsibilities
President & CEO	Yasushi Aoki
Director and Senior Managing Executive Officer	Yoshimi Yamadera	In charge of matters relating to production engineering, capital investment planning, safety and environment, research and development, information system
	Jiro Kobayashi	In charge of matters relating to corporate planning and overseas business management
Director and Managing Executive Officer	Masakazu Tsumoda	In charge of matters relating to personnel, general affairs, internal control & audit Appointed as the General Manager of the Human Resources Development & Personnel Recruitment Center
Director and Executive Officer	Yasuhide Miyake	In charge of matters relating to accounting & finance Appointed as the General Manager of the Corporate Planning Department Assists Managing Executive Officer Tsumoda with general affairs Assists Senior Managing Executive Officer Kobayashi with overseas business management
Outside Director（Part-time）	Kazutoshi Ohmi
Outside Director as Audit & Supervisory Committee Member	Kazunari Itami
Outside Director as Audit & Supervisory Committee Member（Part-time）	Hokuto Nakano Masahiro Tani Hiroaki Kimura Aogi Suemura
Managing Executive Officer	Kiyoaki Nishio	Appointed as the Head of the Tokushima Plant
	Tsutomu Kishikawa	In charge of matters relating to the Electric Power business Appointed as the General Manager of the Production Engineering Department Assists Senior Managing Executive Officer Yamadera with capital investment planning, safety and environment, research and development and information system
Executive Officer	Toru Tanaka	Appointed as the General Manager of the General Affairs Department Assists Managing Executive Officer Tsumoda with personnel
	Taketoshi Oka	In charge of matters relating to the Aqua Solutions business and the Osaka Office Appointed as the General Manager of the Aqua Solutions Business Development and Promotion Department
	Keiichi Nakazato	In charge of matters relating to the Functional Materials business and the Incineration Ash Recycling business
	Yoshihiro Miyauch	In charge of matters relating to the Ferroalloys business Assists Senior Managing Executive Officer Kobayashi with overseas business management