February 16, 2023

To whom it may concern:

Company name:

Mitsubishi Estate Co., Ltd.

Representative:

Junichi Yoshida,

President and Chief Executive Officer

Securities code:

8802

Contact:

Motohiro Sato,

General Manager,

Corporate Communications Department

Telephone:

+81-3-3287-5200

Notice Concerning a Change of President

Mitsubishi Estate Co., Ltd. (hereafter "Mitsubishi Estate") announces the decision made at the Board of Directors' meeting held today to approve a change of company president and Chairman of the Board on April 1, 2023. Details of this decision are as follows.

1. Details of the Change

Name

Title and Duties

New

Former

Hirotaka Sugiyama

Director

Chairman of the Board

Chairman of the Board

Director, Representative Corporate

Junichi Yoshida

Executive Officer, President & Chief

Executive Officer

Director , Representative Corporate

Director, Representative Corporate

Atsushi Nakajima

Executive Officer, President & Chief

Executive Officer, Executive

Executive Officer

Vice President,

2. Biography of the President To be Appointed

Name

Atsushi Nakajima

Date of Birth

August 9, 1963

Biography

April 1986 Joined Mitsubishi Estate

April 2011 Director, Deputy President of Rockefeller Group International, Inc.

January 2014

President & Chief Executive Officer of Rockefeller Group International, Inc.

April 2015

Executive Officer,

President & Chief Executive Officer of Rockefeller Group International, Inc.

April 2016 Executive Officer, General Manager of Americas & Europe Business Department

April 2017

Executive Officer, General Manager of International Business Planning Department

April 2018

Senior Executive Officer, In charge of International Business Planning Department

April 2020

Senior Executive Officer, In charge of Project Planning Department, Urban Project

Development Department,Logistics Facilities Development Department, Hotel

1

Business Department

April 2022 Representative Corporate Executive Officer, Executive Vice President,

In charge of Corporate Planning Department, Sustainability Management and Promotion Department

June 2022 Director, Representative Corporate Executive Officer, Executive Vice President, In charge of Corporate Planning Department, Sustainability Management and Promotion Department

April 2023 Director, Representative Corporate Executive Officer, President & Chief Executive Officerplanned

2

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Mitsubishi Estate Co. Ltd. published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 05:08:01 UTC.