Glory Ltd. announced that the following changes of Representative Director and other executives of the company were approved at the meeting of the Board of Directors held on February 26, 2016. The company announced that Tetsu Yoshioka will retire as Director & Senior Managing Executive Officer,
responsible for affiliated companies management at the close of the 70th Ordinary General Meeting of Shareholders scheduled for late June, 2016. The company announced that the position of Motozumi Miwa changed from Director & Senior Managing Executive Officer, responsible for Corporate
Communications Dept. to the Representative Director & Senior Managing Executive Officer, responsible for General Affairs Headquarters. The position of Hirofumi Kameyama changed from executive Officer to the new position of Senior Executive Officer. The position of Tetsuya Bogaki changed from Senior General Manager, General Sales Support at Glory Global Solutions to the new position of Executive Officer; Responsible for Global Commercial Sales at group companies of Glory Global Solutions (EVP, Global Commercial Sales at Glory Global Solutions). The company also announced that Hideaki Matsushita will retire as Senior Managing Executive Officer; responsible for quality/environment management and responsible for Quality and Environment Promotion Dept; Takashi Mitsui will retire as Senior Executive Officer; responsible for customer relations at group companies of Glory Global Solutions and Manabu Shibutani will retire as Executive Officer; responsible for Chinese market at overseas business headquarters. Mr. Hideaki Matsushita is to assume the positions of Senior Advisor on April 1, 2016. These changes are effective from April 1, 2016.