Following approval by the 123rd Annual General Meeting of Shareholders held on June 21, 2022, NTN Corporation (hereafter, NTN) has made a decision on change of Directors as well as chairpersons and members of the Nominating, Audit and Compensation Committees at the Board of Directors meeting held after the conclusion of Annual General Meeting of Shareholders.

1. Directors (as of June 21, 2022)

Director    Eiichi Ukai    Representative Executive Officer,
President,
Executive Officer,
CEO    

Director    Hideaki Miyazawa    Representative Executive Officer,
Executive Officer    

Director    Toshinori Shiratori    Executive Officer    

Director    Masaki Egami    Executive Officer    

Director    Masaaki Yamamoto    Executive Officer    (Newly appointed)    

Director    Isao Ozako    (Newly appointed)    

Outside Director    Noboru Tsuda    

Outside Director    Kouji Kawahara    

Outside Director    Ryo Kawakami    

Outside Director    Tomonori Nishimura    

Outside Director    Yuriya Komatsu    

Outside Director    Akira Murakoshi    (Newly appointed)    

2. Committee Members (as of June 21, 2022)

(1) Nominating Committee

Chairperson    Noboru Tsuda    Outside Director    

Member    Kouji Kawahara    Outside Director    

Member    Akira Murakoshi    Outside Director    

Member    Eiichi Ukai    Director    

Member    Isao Ozako    Director    

(2) Audit Committee

Chairperson    Kouji Kawahara    Outside Director    

Member    Ryo Kawakami    Outside Director    

Member    Tomonori Nishimura    Outside Director    

Member    Isao Ozako    Director    

(3) Compensation Committee

Chairperson    Tomonori Nishimura    Outside Director    

Member    Ryo Kawakami    Outside Director    

Member    Yuriya Komatsu    Outside Director    

Member    Eiichi Ukai    Director    

Member    Masaaki Yamamoto    Director    

[Reference] Executive Officers (as of July 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.

Production Engineering Development HQ.

Composite Material Product Division

Yasuhiro Kawabata    Executive Officer    

Human Resources Strategy Dept.

Personnel Dept.

Shumpei Kinoshita    Executive Officer    

Corporate Strategy Dept.

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    

Europe & Africa Region

ESG Promotion Dept.

Legal Dept.

Trade Management Dept.

Internal Control Dept.

General Affairs Dept.

* Appointed as a Director as well