Precision Tsugami (China) Corporation Limited announced the following changes with effect from 1 April 2022: Mr. Takao Nishijima will cease to serve as the Chairman of the Board and the chairman of the Nomination Committee; Dr. Tang Donglei will be appointed as the Chairman of the Board; Dr. Eiichi Koda will cease to serve as a member of the Nomination Committee; Dr. Huang Ping will be appointed as a member of the Nomination Committee; and Mr. Tam Kin Bor will be appointed as the chairman of the Nomination Committee.