At the Board of Directors meeting on March 18, NTN Corporation has made a decision of change of Executive Officers. Also, the Nominating Committee held on the same day, and we announced that the Company has resolved candidates for Directors to be submitted to the 123rd Annual General Meeting of Shareholders (hereafter, the General Meeting) scheduled to be held in June this year.

1. Change of Executive Officers

(1) New Executive Officer (as of April 1, 2022)

Yasuhiro Kawabata    (Current Deputy Corporate General Manager, Human Resources HQ. and Corporate General Manager, Global Human Resource Development Dept.)    

Shumpei Kinoshita    (Current Deputy Corporate General Manager, Corporate Strategy HQ. and Manager, Corporate Planning Dept.)    

Koji Takahashi    (Current Manager, Information Technology Dept.)    

Yozo Mimura    (Current Deputy Corporate General Manager, Automotive Business HQ.)    

(2) Change of Responsibility (as of April 1, 2022)

Name

Position

Responsible (new)

Responsible (current)

Hiroyuki Ichikawa    Executive Officer    Deputy Corporate General Manager, Automotive Business HQ.    

Deputy Corporate General Manager, Automotive Business HQ.

Corporate General Manager, Global Strategy Management Dept.

Masaki Egami    Executive Officer    

CTO (Chief Technology Officer)

Research Division

New Product & Business Strategic Planning HQ.

CTO (Chief Technology Officer)

Research Division

New Product & Business Strategic Planning HQ.

Green Energy Products Division

Masayuki Kaimi    Executive Officer    

Corporate General Manager, Production HQ.

China Region

Supply & Demand Control Dept.

Cost Planning Dept.

Production Engineering Development HQ.

Composite Material Product Division

Corporate General Manager, Production HQ.

Supply & Demand Center

Cost Planning Dept.

China Region

Toshinori Shiratori    Executive Officer    

Americas Region

Information Technology Dept.

Human Resources HQ.

CSR HQ.

Information Technology Dept.

General Affairs Dept.

EHS (Environment, Health & Safety) Integrated Management Dept.

Tetsuya Sogo    Executive Officer    CFO(Chief Financial Officer)    

CFO(Chief Financial Officer)

Corporate General Manager, Finance HQ.

Etsu Harima    Executive Officer    

Aftermarket Business HQ.

Industrial Machinery Business HQ.

Quality Assurance HQ.

NTN KOREA CO, LTD.

ASEAN, Oceania, & West Asia Region

India Region

Corporate General Manager, Aftermarket Business HQ.

Industrial Machinery Business HQ.

Masaaki Yamamoto    Executive Officer    

Corporate Strategy HQ.

Europe & Africa Region

General Affairs Dept.

CSR HQ.

   Corporate General Manager, Corporate Strategy HQ.    

(3) Executive Officers to be resigned (as of March 31, 2022)

Yoshinori Terasaka    (Current Executive Officer)    

Isao Ozako    (Current Executive Officer)    

Reference: Executive Officers (As of April 1, 2022)

Name

Position

Responsible

Eiichi Ukai*    Representative Executive Officer, 
President, Executive Officer    CEO (Chief Executive Officer)    

Hideaki Miyazawa*    Representative Executive Officer,
Executive Officer    

Corporate General Manager, Automotive Business HQ.

Global Procurement HQ.

Hiroyuki Ichikawa    Executive Officer    Deputy Corporate General Manager, Automotive Business HQ.    

Masaki Egami*    Executive Officer    

CTO (Chief Technology Officer)

Research Division

New Product & Business Strategic Planning HQ.

Masayuki Kaimi    Executive Officer    

Corporate General Manager, Production HQ.

China Region

Supply & Demand Control Dept.

Cost Planning Dept.

Production Engineering Development HQ.

Composite Material Product Division

Yasuhiro Kawabata    Executive Officer    

Corporate General Manager, Human Resources HQ.

Manager, Global Human Resource Development Dept.

EHS (Environmental, Health & Safety) Integrated Management Dept.

Shumpei Kinoshita    Executive Officer    Corporate General Manager, Corporate Strategy HQ.    

Toshinori Shiratori*    Executive Officer    

Americas Region

Information Technology Dept.

Tetsuya Sogo    Executive Officer    CFO(Chief Financial Officer)    

Koji Takahashi    Executive Officer    

Green Energy Products Division

Manager, Information Technology Dept.

Etsu Harima    Executive Officer    

Aftermarket Business HQ.

Industrial Machinery Business HQ.

Quality Assurance HQ.

NTN KOREA CO, LTD.

ASEAN, Oceania, and West Asia Region

India Region

Yozo Mimura    Executive Officer    Special Assignment    

Masaaki Yamamoto    Executive Officer    

Corporate Strategy HQ.

Europe & Africa Region

General Affairs Dept.

CSR HQ.

* appointed as a Director as well

2. Candidates for Directors, etc.

(1) Candidates for Directors

(to be submitted to the General Meeting)

Name

Eiichi Ukai*    

Masaki Egami*    

Isao Ozako    (Newly appointed)    

Toshinori Shiratori*    

Hideaki Miyazawa*    

Masaaki Yamamoto*    (Newly appointed)    

Ryo Kawakami    (Outside)    

Kouji Kawahara    (Outside)    

Yuriya Komatsu    (Outside)    

Noboru Tsuda    (Outside)    

Tomonori Nishimura    (Outside)    

Akira Murakoshi    (Outside)    (Newly appointed)    

* appointed as an Executive Officer as well

(2) Directors to be resigned (to be resigned after the General Meeting)

Hiroshi Ohkubo    

Keiji Ohashi