Asahi : Notification of Candidates for Directors and Executive Appointment

平成24年5月11日

TRANSLATION FOR REFERENCE PURPOSE ONLY

This notice has been translated from the original Japanese text of the timely disclose statement and is for reference purpose only. In the event of any discrepancy between the original Japanese and this translation, the Japanese text shall prevail.

To whom it may concern:

Company Name: Asahi Holdings, Inc.

March 24, 2016

Representative: Mitsuharu Terayama, President & CEO (Code: 5857, First Section of the Tokyo Stock Exchange)

Contact: Katsuya Murashima, Corporate Planning &

Communications Department Manager

(Phone: [phone])

Notification of Candidates for Directors and Executive Appointment

The Company resolved at the Board of Directors Meeting held today to elect candidates for Directors and submit proposals to the company's 7th Annual General Meeting of Shareholders scheduled to be held on June 14, 2016. And the company appointed Representative Directors and Directors of principal subsidiaries.

Details

1. Candidates for Directors:

   Representative Director (President & CEO) Mitsuharu Terayama Director Yoshikatsu Takeuchi

   Director Tomoya Higashiura

   
   

   Director Keitaro Shigemasa

   
   

   Director Kazuo Kawabata

   
   

   *The following Directors serving as Audit and Supervisory Committee Member are not subject to the re-election at the company's 7th Annual General Meeting of Shareholders since their term for Directors is two years.

   
   

   
   

   Director / Audit and Supervisory Committee Member Director / Audit and Supervisory Committee Member Director / Audit and Supervisory Committee Member Director / Audit and Supervisory Committee Member

   
   

   Shoji Morii (outside director) Yukio Tanabe

   Kazuhiko Tokumine (outside director) Hiroharu Okubo (outside director)

2. Directors and Corporate Officers of Principal Subsidiaries:

1. Asahi Pretec Corp.

   
   

   Representative Director (President) Tomoya Higashiura

   
   

   Director (Chairman) Mitsuharu Terayama

   
   

   Director Keiichi Okumura

   
   

   Corporate Officer Tsutomu Nakajima

   
   

   Corporate Officer (new) Yoshihiko Okawa

   
   

   *(new): newly appointed Corporate Officer to be effective at June 14, 2016

   
   

2. Japan Waste Corporation

   
   

   Representative Director (President) Yoshikatsu Takeuchi

   
   

   Director Toshiyuki Otsuki

   
   

   Director (new) Masaharu Sawada

   
   

   *(new): newly appointed Director to be effective at June 14, 2016

   
   

3. Asahi Americas Holdings, Inc.

Representative Director (President) Keitaro Shigemasa

Director Kazuo Kawabata

Director Shinsuke Date