Tenox Corporation announced that Board of Directors has resolved at a meeting held on May 10, 2024, to change Directors and Executive Officers as follows. The company intends to make the official decision at the 54th Ordinary General Meeting of Shareholders--scheduled for late June 2024--and at the meeting of the Board of Directors to be held afterward. Katsuhisa Kodama appointed as Director, Executive Officer Sales Deputy General Manager, Previous job title Executive Officer Sales Deputy General Manager.

Naoya Matayoshi appointed as Director, Executive Officer Construction General Manager Previous job title Executive Officer Construction General Manager. Masayuki Sato step down as President and Representative Director. Takuya Sakaguchi step down as Director, Executive Officer.

Special Appointive Officer to the President (Assistant to the Management General Manager and Hiroshimagumi Management Support Office Manager) Candidates for appointment: Toshiyuki Mizui appointed as Outside Director Full-time Audit and Supervisory Committee Member, Tomokazu Kubo appointed as Outside Director Audit and Supervisory Committee Member. Masaya Enomoto step down as Outside Director Full-time Audit and Supervisory Committee Member. Keisuke Takeguchi step down as Outside Director Audit and Supervisory Committee Member.

New Executive Officers (as of July 1, 2024) Masaya Sano New job title Executive Officer Management Planning Manager Previous job title Mitsubishi Corporation. Katsuhisa Kodama?s Career summary: Apr. 1987 Joined the Company, Apr.

2011 General Sales Headquarters, Sales No. 2 Manager, Apr. 2013 West Japan Sales Manager /Osaka Sales Office Manager, Apr.

2015 Executive Officer /West Japan Sales Manager /Osaka Sales Office Manager, Apr. 2016 Executive Officer /Metropolitan Sales Headquarters Deputy General Manager /Sales No. 2 Manager, Apr.

2018 Executive Officer /Sales Headquarters Deputy General Manager /Construction Sales Manager /East Japan Sales Manager, Apr. 2019 Executive Officer /Sales Headquarters Deputy General Manager, Apr. 2020 Executive Officer /Construction Technology Headquarters Deputy General Manager /Business Manager, Apr.

2022 Executive Officer /Management Strategy Headquarters Deputy General Manager /Management and Planning Manager, aand Apr. 2024 (current) Executive Officer /Sales Headquarters Deputy General Manager Naoya Matayoshi?s Career summary: Apr. 1989 Joined the Company, Apr.

2013 Design Manager, Apr. 2016 Executive Officer /Technology Headquarters Deputy General Manager, Apr. 2018 Executive Officer /Construction Technology Headquarters Deputy General Manager, Apr.

2022 Executive Officer /Construction Headquarters General Manager /Operations Manager, and Apr. 2024 (current) Executive Officer /Construction Headquarters General Manager Toshiyuki Mizui?s Career summary: Aug. 1993 Joined Cosmo Oil Co.

Ltd. Jun. 2012 General Manager of Audit Office at above company, Oct. 2015 Auditor for Cosmo Energy Holdings Co.

Ltd. Office Manager, Apr. 2016 Accounting Department Manager at above company, Jun. 2016 Executive Officer and Accounting Department Manager at above Company, Apr.

2018 Eco Power Co. Ltd. (now Cosmo Eco Power Co. Ltd.) President and Representative Director, Jun.

2020 Director for Cosmo Energy Holdings Co. Ltd. [Full-time Audit and Supervisory Committee member] Outside Director for Kyoei Tanker Co. Ltd. [Audit and Supervisory Committee member] (current, planned resignation in June 2024).

Tomokazu Kubo?s Career summary: Apr. 2004 Full-time Lecturer, Faculty of Education, Tokyo Gakugei University, Apr. 2008 Associate Professor, Faculty of Commerce, Chuo University, Sep.

2013 Visiting Scholar, Columbia Business School, Apr. 2018 Professor, Faculty of Commerce, Chuo University (current), Apr. 2019 Visiting Research Professor, New York University Stern School of Business.