伊藤忠エネクス（8133） – Changes in Representative Director, Officers and Reorganization

Itochu Enex Co., Ltd. Company: Representative: Kenji Okada, Representative Director, President and CEO 8133, Tokyo Stock Exchange, 1st Section Stock code: Contact: Masahiko Aoyagi Manager, Corporate Communications Office Tel: +81-3-6327-8003 Tel: +81-3-4233-8003 Changes in Representative Director, Officers, and Reorganization Itochu Enex Co., Ltd. resolved the following with respect to changes in Representative Director, Officers and reorganization at its Board of Directors’ meeting held on February 4, 2022. 1. Reasons for the change in Representative Director Further strengthening of management structure. 2. Details of the change in Representative Director (1) Name and title of the newly appointed Representative Director. [Newly appointed Representative Director] Name : Tomofumi Yoshida New Position: Representative Director, Executive Vice President (2) Scheduled date of appointment Date of the annual general meeting of shareholders scheduled for June 2022. (3) Brief history of the newly appointed Representative Director [Name] Tomofumi Yoshida [Date of Birth and Age] September 5, 1956 [Career Summary] April 1979 Joined ITOCHU Corporation April 2007 Executive Officer April 2010 Managing Executive Officer April 2012 President,ICT,General Products ＆ Realty Company June 2012 Member of the Board, Managing Executive Officer April 2014 Member of the Board, Senior Managing Executive Officer April 2016 Senior Managing Executive Officer President ＆ CEO, ITOCHU International Inc. April 2018 President, General Products ＆ Realty Company（to date） June 2018 Member of the Board, Senior Managing Executive Officer April 2019 Member of the Board, Executive Vice President（to date） (4) Number of shares held 0 shares Itochu Enex Co., Ltd. 3. Changes in Directors and Officers < As of March 31, 2022 > [Retiring Directors] Name New Position Current Position Fumio Shimizu ― Director and Managing Officer Hisato Okubo ― Director [Retiring Executive Officers] Name New Position Current Position Tsukasa Nakamura ― Managing Officer Shigeru Kondo ― Executive Officer < As of April 1, 2022 > [Promotion of Executive Officer] Name New Position Current Position Tatsuro Utsumi Managing Officer Executive Officer [New Executive Officers] Name New Position Current Position Kenji Sekiya Executive Officer Ken Watanabe Executive Officer Naotoshi Noda Executive Officer Kunio Nishimura Executive Officer ― ― ― ― Itochu Enex Co., Ltd. [Change in Officers] Kyosuke Wakamatsu Name New Position Current Position Director and Senior Managing Officer Chief Compliance Officer, and Chief Operating Officer, Corporate Administration DivisionⅡ. Director and Senior Managing Officer Chief Compliance Officer, Assistant to Chief Executive Officer Director and Managing Officer Director and Managing Officer Chief Financial Officer, Chief Financial Officer, Atsushi Katsu Chief Information Officer, Chief Information Officer, and Chief Operating Officer, Corporate and Chief Operating Officer, Corporate Administration DivisionⅠ Administration Division Executive Officer Executive Officer Deputy Chief Operating Officer, Minoru Kubota Deputy Chief Operating Officer, Corporate Administration Division and Corporate Administration DivisionⅡ General Manager, Legal & Credit Control Executive Officer Assistant to Chief Financial Officer, Executive Officer Department Shinichiro Inoue Deputy Chief Operating Officer, Assistant to Chief Financial Officer, and Corporate Administration DivisionⅠ, and General Manager, Finance & General General Manager, Finance & General Accounting Department Accounting Department Executive Officer Assistant to Chief Operating Officer, Deputy Chief Operating Officer, Industrial Business Division, and Ken Watanabe Industrial Business Division, and General Manager, Planning & General Manager, Platform Promotion Administration Department, and Department Executive Officer Retail Business Office Deputy Chief Operating Officer, General Manager, Power & Financial Naotoshi Noda Power & Utility Division, and Business Department General Manager, Power & Financial Power & Utility Division Kunio Nishimura General Manager, Corporate Planning Business Department Executive Officer Department. General Manager, Corporate Planning Department, and General Manager, Human Resources & General Affairs Department Itochu Enex Co., Ltd. [Candidates for new Directors] Name New Position Current Position Tatsuro Utsumi Director and Managing Officer Managing Officer ― ― ― Yasuhiro Imazawa Director and Executive Officer Takuya Morikawa Director (outside) [Candidates for new Audit & Supervisory Board Member] Name New Position Current Position Standing Audit & Supervisory Board Shuji Katsurayama Member [Change in Officer] Name New Position Current Position Yasuhiro Imazawa Chief Information Officer, ― Director and Executive Officer Chief Financial Officer, and Chief Operating Officer, Corporate Administration DivisionⅠ. 4. Reorganization < As of April 1, 2022> (1) Purpose of reorganization (2) Details of reorganization [1] Reorganization of Division. Influenced by the trend toward a carbon-free society, the situation in the petroleum product-related business may become severe. However, the situation also requires that we take advantage of changes in the environment, promote growth in the electric power and environment fields, and create new business opportunities. To increase the flexibility of our activities, we will change part of our corporate structure. We will reorganize the Corporate Administration Division into two divisions: Corporate Administration Division I and Corporate Administration Division II. [2] Reorganization of Departments/Branches [Car-Life Division] ・We will reorganize seven branch offices (the Hokkaido Branch, Tohoku Branch, East Japan Branch, Chubu Branch, Kansai Branch, Chugoku & Shikoku Branch, and Kyushu Branch) into four sales departments (the North Japan Sales Department, East Japan Sales Department, West Japan Sales Department, and Kyushu Sales Department). Itochu Enex Co., Ltd. ・We will rename the Supply Department the Retail Supply Department. [Industrial Business Division] ・We will reorganize the Motor Solution Department the Platform Promotion Department. ・We will rename the Balancing and Origination Department the Supply & Terminalling Department. We will place the Finance & General Accounting Department and IT Planning Department under [Corporate Administration Division I] its umbrella. [Corporate Administration Division II] We will place the Legal & Credit Control Department and Human Resources & General Affairs Department under its umbrella and establish a new Corporate Administration Department. Itochu Enex Co., Ltd. Itochu Enex Co., Ltd. Carbon Neutral Strategy DivisionIndustrial Gas DepartmentCar-Life DivisionPlanning & AdministrationDepartmentPlatform Management DepartmentITOCHU ENEX CO.,LTD. New Organization Chart（April 1,2022～）Home-Life DivisionPlanning & AdministrationDepartmentSecurity System DepartmentAdministration DepartmentAsphalt DepartmentMarine Fuels DepartmentGeneral Meetings of ShareholdersNorth Japan Sales DepartmentEast Japan Sales DepartmentRetail & Supply DepartmentAdministration DepartmentWest Japan Sales DepartmentKyushu Sales DepartmentPlanning & AdministrationDepartmentIndustrial Business DivisionPresidentEnvironmental Business DepartmentAudit & Supervisory BoardPlatform Promotion DepartmentBoard of DirectorsAdministration DepartmentSupply & Terminalling DepartmentHuman Resources & General AffairsDepartmentFinance & General AccountingDepartmentPower & Utility DivisionPlanning & AdministrationDepartmentPower & Supply ManagementDepartmentPower Sales DepartmentPower & Financial BusinessDepartmentAdministration DepartmentCorporate Administration Division ⅠIT Planning DepartmentCorporate AdministrationDepartmentCorporate Planning DepartmentAudit DepartmentCorporate Administration Division ⅡLegal & Credit Control Department Itochu Enex Co., Ltd. < As of April 1, 2022 >Directors ６,Supervisory Board Members ４,Executive Officers 16Directors　６personsKenji OkadaKyosuke WakamatsuAtsushi Katsu*Ichiro Saeki*Motoyo Yamane*Hiroshi Endo*Indicates an Outside DirectorAudit & Supervisory Board Members　４persons*Toyohiro Sunayama*Isao Kubo*Shozo Tokuda*Masako Iwamoto*Indicates an Outside Audit & Supervisory Board MemberExecutive Officers　16personsKenji OkadaPresidentKyosuke WakamatsuSenior Managing OfficerToshihisa FuseManaging OfficerAtsushi KatsuManaging OfficerTatsuro UtsumiManaging OfficerTakeo FukushimaExecutive OfficerPresident,and Chief Executive Officer, Tokyo Toshi Service Co.,LtdTsukasa MotegiExecutive OfficerChief Operating Officer, Car-Life DivisionHirofumi ChimuraExecutive OfficerChief Operating Officer, Industrial Business DivisionMinoru KubotaExecutive OfficerDeputy Chief Operating Officer, Corporate Administration DivisionⅡKimiaki YonezawaExecutive OfficerFumiya TanakaExecutive OfficerChief Operating Officer, Power & Utility Division, and ManagerShinichiro InoueExecutive OfficerKenji SekiyaExecutive Officer－Ken WatanabeExecutive OfficerNaotoshi NodaExecutive OfficerKunio NishimuraExecutive OfficerGeneral Manager, Corporate Planning DepartmentDeputy Chief Operating Officer,Power & Utility Division, and General Manager, Power & Financial Business DepartmentChief Compliance Officer,and Chief Operating Officer, Corporate Administration DivisionⅡChief Operating Officer, Carbon Neutral Strategy DivisionChief Financial Officer, Chief Information Officer,and Chief Operating Officer, Corporate Administration DivisionⅠChief Operating Officer, Home-Life DivisionPresident, and Chief Executive Officer, ITOCHU ENEX HOME-LIFE HOKKAIDO CO.,LTDDirectorDirectorTitleAssistant to Chief Financial Officer,Deputy Chief Operating Officer, Corporate Administration DivisionⅠ,and General Manager, Finance & General Accounting DepartmentDeputy Chief Operating Officer, Industrial Business Division,and General Manager, Platform Promotion DepartmentStanding Audit & Supervisory Board MemberStanding Audit & Supervisory Board Member－Directors,Audit & Supervisory Board Members and Executive OfficersTitlePositionNameRepresentative DirectorPresident and Chief Executive OfficerTitleDirectorDirectorAudit & Supervisory Board MemberAudit & Supervisory Board MemberName　NameDirector Itochu Enex Co., Ltd. Directors ８,Supervisory Board Members ４,Executive Officers 17Directors　８personsKenji OkadaTomofumi YoshidaKyosuke WakamatsuTatsuro UtsumiYashiro Imazawa*Ichiro Saeki*Motoyo Yamane*Takuya Morikawa*Indicates an Outside DirectorAudit & Supervisory Board Members　４persons*Isao KuboShuji Katsurayama*Shozo Tokuda*Masako Iwamoto*Indicates an Outside Audit & Supervisory Board MemberExecutive Officers　17personsKenji OkadaPresident－Tomofumi YoshidaExecutive Vice President－Kyosuke WakamatsuSenior Managing OfficerToshihisa FuseManaging OfficerTatsuro UtsumiManaging OfficerTakeo FukushimaExecutive OfficerPresident,and Chief Executive Officer, Tokyo Toshi Service Co.,LtdTsukasa MotegiExecutive OfficerChief Operating Officer, Car-Life DivisionHirofumi ChimuraExecutive OfficerChief Operating Officer, Industrial Business DivisionMinoru KubotaExecutive OfficerDeputy Chief Operating Officer, Corporate Administration DivisionⅡKimiaki YonezawaExecutive OfficerFumiya TanakaExecutive OfficerChief Operating Officer, Power & Utility Division, and ManagerShinichiro InoueExecutive OfficerKenji SekiyaExecutive Officer－Ken WatanabeExecutive OfficerNaotoshi NodaExecutive OfficerKunio NishimuraExecutive OfficerGeneral Manager, Corporate Planning DepartmentYasuhiro ImazawaExecutive OfficerDeputy Chief Operating Officer, Industrial Business Division,and General Manager, Platform Promotion DepartmentDeputy Chief Operating Officer,Power & Utility Division, and General Manager, Power & Financial Business DepartmentRepresentative DirectorExecutive Vice PresidentDirectorChief Financial Officer, Chief Information Officer,and Chief Operating Officer, Corporate Administration DivisionⅠChief Compliance Officer,and Chief Operating Officer, Corporate Administration DivisionⅡChief Operating Officer, Carbon Neutral Strategy DivisionChief Operating Officer, Home-Life DivisionPresident, and Chief Executive Officer, ITOCHU ENEX HOME-LIFE HOKKAIDO CO.,LTDAssistant to Chief Financial Officer,Deputy Chief Operating Officer, Corporate Administration DivisionⅠ,and General Manager, Finance & General Accounting DepartmentStanding Audit & Supervisory Board MemberAudit & Supervisory Board MemberAudit & Supervisory Board MemberDirector　NameTitlePositionDirectorDirectorDirectorNameTitleStanding Audit & Supervisory Board MemberDirectors,Audit & Supervisory Board Members and Executive OfficersNameTitleRepresentative DirectorPresident and Chief Executive OfficerDirector