ITOCHU : Changes in Assignment of Members of the Board and Audit & Supervisory Board Members (PDF 893KB)

March 18, 2021

This document is an English translation of a statement written originally in Japanese. The Japanese original should be considered as the primary version.

ITOCHU Corporation

(Code No. 8001, Tokyo Stock Exchange, First Section)

Representative Director and President and Chief Operating Officer: Yoshihisa Suzuki Contact: Suguru Amano

General Manager, Investor Relations Division (TEL. [phone])

Changes in Assignment of Members of the Board and Audit & Supervisory Board Members

ITOCHU Corporation has resolved the following changes at its Board of Directors' meeting held on March 18, 2021.

1. Reason for Changes

Due to further strengthen our management structure.

2. Change in Assignment of Members of the Board ࣭Newly Appointed Candidate for Member of the Board

Kunio Ishizuka Supervisory Board Member of National Federation of Agricultural Cooperative Associations (Former Chairman and Representative Director of Isetan Mitsukoshi Holdings Ltd.)

࣭Retiring of Member of the Board

Harufumi Mochizuki

3. Change in Assignment of Audit & Supervisory Board Members ࣭Newly Appointed Candidate for Audit & Supervisory Board Member

Masumi Kikuchi Adviser, Atre Co., Ltd. (Former Chairman and Director, Atre Co., Ltd.)

࣭Retiring of Audit & Supervisory Board Member

Kotaro Ohno

*Curriculum Vitae of new Member of the Board, new Audit & Supervisory Board Member *Members of the Board, Audit & Supervisory Board Members, and Executive Officers

(As of April 1, 2021 and the date of the Ordinary General Meeting of Shareholders in June 2021)

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Kunio Ishizuka
Date of Birth:	September 11, 1949
Education:
March 1972	Bachelor of Law, The University of Tokyo

Professional Experience:

May	1972	Joined Mitsukoshi, Ltd.
February	2003	Executive Officer, Operation Department, Mitsukoshi, Ltd.
March	2004	Executive Officer, Corporate Planning Department,
Mitsukoshi, Ltd.
March	2005	Senior Executive Officer, Business Strategy Department,
Mitsukoshi, Ltd.
May	2005	President and Representative Director of Mitsukoshi, Ltd.
April	2008	President and Representative Director of
Isetan Mitsukoshi Holdings Ltd.
February	2012	Chairman and Representative Director of
Isetan Mitsukoshi Holdings Ltd.
June	2013	Outside Director of Sekisui Chemical Co., Ltd. (to June 2019)
June	2017	Senior Advisor of Isetan Mitsukoshi Holdings Ltd. (to June 2020)
July	2017	Supervisory Board Member of National Federation of Agricultural
Cooperative Associations (current position)
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Masumi Kikuchi
Date of Birth:	July 10, 1946
Education:
March 1969	Bachelor of Engineering, The University of Tokyo

Professional Experience:

July	1969	Joined Japanese National Railways
April	1987	Joined East Japan Railway Company
February	1989	Project Manager, Tokyo Area Sales Headquarters,
East Japan Railway Company
June	1993	Director, Tokyo Area Station Building Development Co., Ltd.
April	2004	Director, Executive Vice President, General Manager of Marketing
Development Division, Tokyo Area Station Building Development
Co., Ltd.
June	2008	President and Representative Director,
Sendai Terminal Building Co., Ltd.
June	2012	President and Representative Director, Atre Co., Ltd.
June	2014	Chairman and Director, Atre Co., Ltd.
June	2016	Senior Corporate Adviser and Director, Atre Co., Ltd.
June	2017	Marketing Adviser, Life-style Business Development
Headquarters, East Japan Railway Company (to June 2020)
June	2017	Adviser, Atre Co., Ltd. (current position)
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Members of the Board, Audit & Supervisory Board Members, and Executive Officers

Members of the Board 10, Audit & Supervisory Board Members 5, Executive Officers 31

As of April 1, 2021

Members of the Board
Name	Title
* Masahiro Okafuji	Chairman & Chief Executive Officer
Yoshihisa Suzuki	Vice Chairman
* Tomofumi Yoshida	Member of the Board
* Yuji Fukuda	Member of the Board
* Fumihiko Kobayashi	Member of the Board
* Tsuyoshi Hachimura	Member of the Board
** Atsuko Muraki	Member of the Board
** Harufumi Mochizuki	Member of the Board
** Masatoshi Kawana	Member of the Board
** Makiko Nakamori	Member of the Board

10 persons

* Indicates a Representative Director ** Indicates an Outside Director

Audit & Supervisory Board Members

Name

Shuzaburo Tsuchihashi Makoto Kyoda

• * Shingo Majima

• * Kentaro Uryu

• * Kotaro Ohno

  5 persons

• * Indicates an Outside Audit & Supervisory Board MemberExecutive Officers

31 persons

Name	Title
Masahiro Okafuji	Chairman & Chief Executive Officer
Keita Ishii	President & Chief Operating Officer
Tomofumi Yoshida	Executive Vice President
Yuji Fukuda	Executive Vice President
Fumihiko Kobayashi	Executive Vice President
Tsuyoshi Hachimura	Executive Vice President
Hiroyuki Tsubai	Managing Executive Officer
Masahiro Morofuji	Managing Executive Officer
Mitsuru Ike (Chino)	Managing Executive Officer
Hiroyuki Kaizuka	Managing Executive Officer
Tomoyuki Takada	Managing Executive Officer
Tatsushi Shingu	Managing Executive Officer
Toshikazu Otani	Managing Executive Officer
Hisato Okubo	Executive Officer
Hidefumi Mizutani	Executive Officer
Shinjiro Tanaka	Executive Officer
Takanori Morita	Executive Officer
Masaya Tanaka	Executive Officer
Kenji Seto	Executive Officer
Yoshiko Matoba	Executive Officer
Hiroyuki Naka	Executive Officer

CEO COO

Position

President, General Products & Realty Company CEO for East Asia Bloc;

CEO for Asia & Oceania Bloc;

Executive Advisory Officer for CP & CITIC Operations CAO

CFO

President, Machinery Company President, Textile Company;

Executive Advisory Officer for Osaka Headquarters President & CEO, ITOCHU International Inc. President, Food Company

General Manager, Corporate Communications Division President, ICT & Financial Business Company

Chief Executive for Africa

Executive Vice President, Energy & Chemicals Company; Chief Operating Officer, Energy Division

Vice President, ITOCHU East Asia Bloc (East China); Managing Director, ITOCHU SHANGHAI LTD. CEO, European Tyre Enterprise Limited

Chief Executive for Europe & CIS Bloc; CEO, ITOCHU Europe PLC

President, Energy & Chemicals Company;

Chief Operating Officer, Power & Environmental Solution Division President, Metals & Minerals Company

General Manager, Human Resources & General Affairs Division Chief Digital & Information Officer;

General Manager, Corporate Planning & Administration Division; General Manager, CP & CITIC Business Development Department

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