Taiyo : Notice regarding organizational changes and personnel changes

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

April 28, 2022

To whom it may concern:

Company Name: Representative:TAIYO HOLDINGS CO., LTD.

Eiji Sato, President and CEO

(Code: 4626, Listed on Prime Market of Tokyo Stock Exchange)

Inquiries: Sayaka Tomioka, Executive Officer,

General Manager of Corporate Planning Department

Tel: [phone] (main line)

Notice regarding organizational changes and personnel changes

TAIYO HOLDINGS CO., LTD. (hereinafter, "Taiyo Holdings") hereby announces that it has resolved at the meeting of the Board of Directors held on April 28, 2022, to change the organization and personnel as follows.

1. Organizational change

In order to strengthen the management system, we will change a part of the organization as follows.

• (1) Details and reason for the change

  General Affairs Department"

  A. Content of change ・ Create a new "General Affairs Department" B. Reason ・ To enhance functions as a general affairs department of the Taiyo Holdings Group

• (2) Timing of organizational change

  June 1, 2022

• (3) Organizational chart

  Please refer to the attached organizational chart.

1

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

2．Personnel change (executive officer)

Dated June, 2022

New	Name	Current
Executive Officer Taiyo Green Energy Co., Ltd. President*1 Taiwan Taiyo Ink Mfg. Co., Ltd. Auditor Onstatic Technology Co., Ltd. Auditor Onstatic Ink (Shenzhen) Co., Ltd. Auditor	Naoki Taniguchi	Corporate Planning Department Taiwan Taiyo Ink Mfg. Co., Ltd. Auditor Onstatic Technology Co., Ltd. Auditor Onstatic Ink (Shenzhen) Co., Ltd. Auditor
General Affairs Department Director Taiyo Green Energy Co., Ltd. Director ICHI Co., Ltd. Representative Director *1	Fumihiko Kojin	Executive Officer General Affairs Department Director Taiyo Green Energy Co., Ltd. President ICHI Co., Ltd. Representative Director
Taiyo Ink Mfg. Co., Ltd. Seconded Taiyo Ink International (Singapore) Pte Ltd Director *1 Taiyo Trading (Thailand) Co., Ltd. Director *1	Kazuyuki Nishikawa	Executive Officer Taiyo Ink Mfg. Co., Ltd. Seconded Taiyo Ink International (Singapore) Pte Ltd Managing Director Taiyo Trading (Thailand) Co., Ltd. Managing Director

td

2

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

3. Personnel change

Dated April 1, 2022

New	Name	Current
Taiyo Ink Mfg. Co., Ltd. Seconded Taiyo Ink Vietnam Co., Ltd. Director	Koji Kurihara *2	Executive Officer Taiyo Ink Vietnam Co., Ltd. General Director Taiyo Ink (Suzhou) Co., Ltd. Director

Dated May 1, 2022

New	Name	Current
Senior Managing Director Chief Technology Officer (Electronics Company) Taiyo Ink Mfg. Co., Ltd. President Taiyo Ink Trading (Shenzhen) Co., Ltd. Director Taiyo Ink Mfg. Co., (Korea) Ltd. Chairman/CEO Taiyo Ink Products Co., Ltd. Chairman/CEO	Shoji Minegishi	Senior Managing Director Group Electronics Technology Officer Taiyo Ink Mfg. Co., Ltd. President Taiyo Ink Trading (Shenzhen) Co., Ltd. Director Taiyo Ink Mfg. Co., (Korea) Ltd. Chairman/CEO Taiyo Ink Products Co., Ltd. Chairman/CEO
Managing Director Chief Business Development Officer (Medical & Pharmaceutical Company) Taiyo Pharma Co., Ltd. Representative Director and COO Taiyo Fine Chemicals Co., Ltd. Director Taiyo Pharma Tech Co., Ltd. Director	Masao Arima	Managing Director Taiyo Pharma Co., Ltd. Representative Director and COO Taiyo Fine Chemicals Co., Ltd. Director Taiyo Pharma Tech Co., Ltd. Director
Managing Executive Officer Chief Plant/Production/Procurement Officer (Electronics Company) Officer (Global Plants Initiative) Taiyo Ink Mfg. Co., Ltd. Director Taiwan Taiyo Ink Mfg. Co., Ltd. Director Taiyo Ink Mfg. Co., (Korea) Ltd. Director	Naohiro Arata	Managing Executive Officer Officer (Global Plants Initiative) Taiyo Ink Mfg. Co., Ltd. Director Taiwan Taiyo Ink Mfg. Co., Ltd. Director Taiyo Ink Mfg. Co., (Korea) Ltd. Director

Dated June 1, 2022

New	Name	Current
Executive Officer General Affairs Department Director Taiyo Green Energy Co., Ltd. President ICHI Co., Ltd. Representative Director	Fumihiko Kojin	Executive Officer Taiyo Green Energy Co., Ltd. President ICHI Co., Ltd. Representative Director

3

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

Dated June, 2022

New	Name	Current
Managing Director Taiyo Fine Chemicals Co., Ltd. President	Hidekazu Miyabe	Managing Director Taiyo Fine Chemicals Co., Ltd. President Taiwan Taiyo Ink Mfg. Co., Ltd. Director *1
Executive Officer Taiyo Ink Products Co., Ltd. President/COO	Kyungsu Cho	Executive Officer Taiyo Ink Products Co., Ltd. President/COO Taiyo Ink Mfg. Co., (Korea) Ltd. Director *1
Executive Officer Taiyo Ink Vietnam Co., Ltd. General Director Taiyo Ink International (Singapore) Pte Ltd Managing Director *1 Taiyo Trading (Thailand) Co., Ltd. Managing Director *1	Taisuke Ikeda	Executive Officer Taiyo Ink Vietnam Co., Ltd. General Director

Dated July 1, 2022

New	Name	Current
General Affairs Department Director Ranzan Shokudo Co., Ltd. *3 President Taiyo Green Energy Co., Ltd. Director	Fumihiko Kojin	General Affairs Department Director Taiyo Green Energy Co., Ltd. Director ICHI Co., Ltd. Representative Director

*1 They will be appointed or retire after completing the procedures at their respective subsidiaries.

*2 The information disclosed in the "Notice regarding organizational changes and personnel changes" dated March 18, 2022, was incorrect and has been corrected here.

*3 Subject to the transfer of food and beverage related business from Taiyo Green Energy Co., Ltd.,

the company name will be changed from ICHI Co., Ltd. to Ranzan Shokudo Co., Ltd. on July 1, 2022.

4

ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT

This is a translation of the original Japanese-language document and is provided for convenience only.

In the event of any discrepancy between this translated document and Japanese original, the original shall prevail

TAIYO HOLDINGS CO., LTD. Organizational Structure（as of Jun.1, 2022）

Board of Directors

President and

Chief Executive

Officer

InformationSystemDepartment

OfficeofChinaStrategy

GlobalPlantsInitiative

DisplayMaterialProject

CorporatePlanningDepartment

AccountingDepartment

OfficeofthePresident

InternalAuditDepartment

HumanResourcesDepartment

IntellectualPropertyand LegalAffairsDepartment

GeneralAffairsDepartment

3DPackagingMaterialsProject

ResearchDepartment

PlanningDepartment

5