Mitsui OSK Lines : Changes of Directors, Auditors and Executive Officers

February 28, 2017

Changes of Directors, Auditors and Executive Officers

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it has decided on the following changes to its Directors, Auditors and Executive Officers. The changes of Directors and Auditors are subject to approval at the Annual Shareholders' Meeting to be held on June 27, 2017.

1. Changes of Representative Directors and Executive Officers : April 1, 2017

1. Changes of Representative Directors

   (Name)	(New)	(Present)
   Masahiro Tanabe	Representative Director	Director
   Kenichi Nagata	Director	Representative Director

2. Changes of Executive Officers

3. Promoted Executive Officers

   (Name)	(New)	(Present)
   Masahiro Tanabe	Executive Vice President	Senior Managing Executive Officer
   Executive Officer
   Akihiko Ono	Senior Managing	Managing Executive Officer
   Executive Officer
   Akio Mitsuta	Senior Managing	Managing Executive Officer
   Executive Officer
   Mitsujiro Akasaka	Managing Executive Officer	Executive Officer
   Toshiaki Tanaka	Managing Executive Officer	Executive Officer
   Masanori Kato	Managing Executive Officer	Executive Officer

4. Newly appointed Executive Officers

   (Name)	(New)	(Present)
   Kayo Ichikawa	Executive Officer	General Manager of
   Public Relations Office
   Hikaru Isegawa	Executive Officer	General Manager of
   Group Business Division
   Toshinobu Shinoda	Executive Officer	General Manager of
   Finance Division
   Hirofumi Kuwata	Executive Officer	General Manager of
   Steaming Coal Carrier Division
   Nobuo Shiotsu	Executive Officer	General Manager of
   Dry Bulk Carrier Division (A)

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5. Retiring Executive Officers: March 31, 2017

   (Name)	(New: As of April 1, 2017)	(Present)
   Kenichi Nagata	Director, Adviser to	Representative Director,
   Mitsui O.S.K. Kinkai, Ltd.	Executive Vice President
   Executive Officer
   Masaaki Nemoto	President of	Senior Managing Executive Officer
   MOL Ocean Expert Co., Ltd.
   Toshiyuki Sonobe	Director, Executive Vice	Managing Executive Officer
   President of Daibiru Corporation
   Hideo Horiguchi	Adviser to MOL	Executive Officer
   Nobuo Ishihara	Adviser to MOL	Executive Officer

6. Executive Officers and their Responsibilities on and after April 1, 2017

(Title) Chairman Executive Officer	(Name) Koichi Muto	(Responsibilities)
President, Chief Executive Officer	Junichiro Ikeda
Executive Vice President Executive Officer	Masahiro Tanabe	Assistant to President, Chief Compliance Officer, Director General, Product Transport Business Unit, Supervisor for;

Liner Division,

Port Projects & Logistics Business Division,

New Business Creation and Group Business Division,

Responsible for; Internal Audit Office, General Affairs Division

Senior Managing	Shizuo Takahashi	Chief Information Officer,
Executive Officer	Deputy Director General, Safety Operations
Headquarters,
Responsible for;

Secretaries Office, Corporate Planning Division, Smart Shipping Office,

MOL Information Systems, Ltd.

Senior Managing	Takeshi Hashimoto	Director General, Energy Transport
Executive Officer	Business Unit,
Supervisor for;

Steaming Coal Carrier Division, LNG Carrier Division,

Responsible for;

Energy Business Strategy Office, Bunker Business Office, Offshore Project Division

Senior Managing	Akihiko Ono	Deputy Director General, Product Transport
Executive Officer	Business Unit,
Responsible for Liner Division

Senior Managing Executive Officer	Akio Mitsuta	Deputy Director General, Energy Transport Business Unit, Responsible for; Tanker Division, Tanker Safety Management Office, Secondarily Responsible for Bunker Business Office
Managing Executive Officer	Toshiya Konishi	Deputy Director General, Product Transport Business Unit, Responsible for;

Europe, Africa and the Americas Area, Port Projects & Logistics Business Division,

Chief Executive Representative, Americas

Managing Executive Officer Takashi Maruyama Responsible for;

Finance Division, Accounting Division, Investor Relations Office

Managing Executive Officer	Naotoshi Omoto	Deputy Director General, Product Transport Business Unit, Responsible for Car Carrier Division
Managing Executive Officer	Yoshikazu Kawagoe	Responsible for Technical Division, Secondarily Responsible for Smart Shipping Office
Managing Executive Officer	Koichi Yashima	Deputy Director General, Product Tranpsort Business Unit, Responsible for;

Kansai Area,

Human Resources Division,

New Business Creation and Group Business Division

Managing Executive Officer	Mitsujiro Akasaka	Responsible for Asia, the Middle East and Oceania Area, Chief Executive Representative, Asia, Middle East, Oceania, Managing Director of MOL (Asia Oceania) Pte. Ltd.
Managing Executive Officer	Toshiaki Tanaka	Director General, Dry Bulk Business Unit, Responsible for;

Dry Bulk Business Planning & Co-ordination Office,

Dry Bulk Carrier Division (A), Dry Bulk Carrier Division (B),

Dry Bulk Carrier Supervising Office

Managing Executive Officer Masanori Kato Director General, Safety Operations

Headquarters, Responsible for;

Human Resources Division, Marine Safety Division,

Secondarily Responsible for Smart Shipping Office

Executive Officer Kenta Matsuzaka Deputy Director General, Energy Transport

Business Unit, Responsible for;

LNG Carrier Division,

LNG Safety Management Office, Secondarily Responsible for Offshore Project Division

Executive Officer Masanori Kobayashi Deputy Director General, Safety Operations

Headquarters, Responsible for;

Dry Bulk Carrier Supervising Office, Tanker Safety Management Office, LNG Safety Management Office,

Secondarily Responsible for; Marine Safety Division, Smart Shipping Office

Executive Officer Yutaka Hinooka General Manager of Liner Division Executive Officer Masato Koike General Manager of Tanker Division

Executive Officer Kayo Ichikawa Responsible for;

Corporate Communication, Diversity Promotion,

Work Efficiency Improvement, Public Relations Office,

Secondarily Responsible for; Corporate Planning Division, Human Resources Division, Investor Relations Office

Executive Officer	Hikaru Isegawa	General Manager of New Business Creation and Group Business Division
Executive Officer	Toshinobu Shinoda	General Manager of Finance Division
Executive Officer	Hirofumi Kuwata	Deputy Director General, Dry Bulk Business Unit, Deputy Director General, Energy Transport Business Unit, Responsible for Steaming Coal Carrier Division, Secondarily Responsible for Dry Bulk Carrier Division (B)
Executive Officer	Nobuo Shiotsu	General Manager of Dry Bulk Carrier Division (A)