Electric Power Development : Plans for Appointment of Directors and Audit & Supervisory Board Members

The English version is a translation of the original Japanese version.

Please note that if there is any discrepancy, the Japanese version will take priority.

February 28th, 2020

Electric Power Development Co., Ltd. (J-POWER)

Plans for Appointment of Directors

and Audit & Supervisory Board Members

The Board of Directors has today made the following internal decision for the plans regarding appointment of Directors and Audit & Supervisory Board Members, and intends to propose it to the 68th Ordinary General Meeting of Shareholders to be held in June, 2020 for approval.

The appointment of the Representative Directors and the Directors with managerial positions are planned to be formally made at the meeting of the Board of Directors to be held, following the 68th Ordinary General Meeting of Shareholders.

Additionally, we announce personnel changes of Executive Officers as provided below.

Details

1. Appointment of Directors

		(current position)
Representative Director Chairman
Hitoshi Murayama	New Appointment	(Representative Director
		(Executive Vice President))
Representative Director President (Chief Executive Officer)
Toshifumi Watanabe	Reappointment
Representative Director (Executive Vice President)
Akihito Urashima	Reappointment
Director (Executive Vice President)
Yoshiki Onoi	Reappointment
Hiromi Minaminosono	Reappointment
Makoto Honda	Reappointment	(Director (Executive Managing Officer)
		before 1st April, 2020)
Hiroyasu Sugiyama	Reappointment	(Director (Executive Managing Officer)
		before June, 2020)
Director (Executive Managing Officer)
Hitoshi Kanno	Reappointment
Yoshikazu Shimada	New Appointment	(Executive Managing Officer)
Hiroshi Sasatsu	New Appointment	(Executive Managing Officer)

Director

Go Kajitani	Reappointment
Tomonori Ito	Reappointment
John Buchanan	Reappointment

Go Kajitani, Tomonori Ito and John Buchanan are outside Director candidates.

2. Audit & Supervisory Board Members Senior Audit & Supervisory Board Member

Naori Fukuda	Reappointment
Hiroshi Fujioka
Shinichi Kawatani

Audit & Supervisory Board Member Mutsutake Otsuka Kiyoshi Nakanishi

Hiroshi Fujioka, Mutsutake Otsuka and Kiyoshi Nakanishi are outside Audit & Supervisory Board Members.

Naori Fukuda is the Audit & Supervisory Board Member candidate.

3. Personnel Changes of Executive Officers (as of April 1st or June, 2020)

We have refined our Executive Officer system since April 2019, aiming the timely and flexible business execution responding to changes in our business environment, as of April 1st as follows.

1. We have made the annual schedule of personnel changes of Executive Officers consistent with our financial period.

• Considering the linkage with personnel changes of Directors, some Executive Officers may be appointed exceptionally ad hoc as of the following Ordinary General Meeting of

Shareholders to be held in June

1. We have established the position of "President and Chief Executive Officer" to define the executive positions in Directors.

(current position)

President and Chief Executive Officer
Toshifumi Watanabe	Reappointment
Executive Vice President
Akihito Urashima	Reappointment
Yoshiki Onoi	Reappointment

Hiromi Minaminosono	Reappointment
Makoto Honda	New Appointment	(Executive Managing Officer)
Hiroyasu Sugiyama	New Appointment	(Executive Managing Officer
		before June, 2020)
Executive Managing Officer
Yoshikazu Shimada	Reappointment
Hitoshi Kanno	Reappointment
Hiroshi Sasatsu	Reappointment
Isshu Kurata	New Appointment	(Executive Officer)
Takaya Nomura	New Appointment	(Executive Officer)
Osamu Hagiwara	New Appointment	(Executive Officer)
Ryoji Sekine	New Appointment	(Executive Officer)
Executive Officer
Takashi Jahana	Reappointment
Toshiya Sato	Reappointment
Shinichi Demachi	Reappointment
Yasushi Ishida	New Appointment	(Department Director of Siting &
		Environment Dept.)
Kazuo Ito	New Appointment	(Department	Director	of	Digital
		Innovation Dept. Dept.)
Takashi Fujita	New Appointment	(Department	Director	of	General
		Affairs Dept.)
Shoichi Echigo	New Appointment	(Department Director of Personnel &
		Employee Relations Dept.)

⁎ Attached References ⁎

• Curriculum Vitae of Promoted or Newly Appointed Directors
• Curriculum Vitae of Promoted or Newly Appointed Executive Officers

Curriculum Vitae

1. Name	Hitoshi MURAYAMA
2.	Date of Birth	February 2, 1954
3.	Education	Master's Program in Chemical Process Engineering, Graduate
		School of Engineering, Hokkaido University, 1980
4.	Career
	6/2020	Representative Director Chairman (Planned)
	6/2015	Representative Director and Executive Vice President
	6/2012	Director and Executive Managing Officer
	6/2010	Executive Officer
		Department Director of Thermal Power Engineering Dept.
	6/2009	Executive Officer
		Department Director of Thermal Power Dept.
	6/2008	Department Director of Thermal Power Dept.

4/1980 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Makoto HONDA
2.	Date of Birth	July 6, 1958
3.	Education	Faculty of Law, Tohoku University, 1982
4.	Career
	4/2020	Director and Executive Vice President (Planned)
		Deputy Department Director of International Business (Planned)
	6/2017	Director and Executive Managing Officer
		Deputy Department Director of International Business
	6/2016	Executive Managing Officer
	6/2014	Executive Officer
		Department Director of Corporate Planning & Administration Dept.
	6/2010	Department Director of Power Sales Dept.

4/1982 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Hiroyasu SUGIYAMA
2. Date of Birth	April 11, 1956
3. Education	Master's Program in Construction Engineering, Graduate
	School of Science and Engineering, Waseda University, 1981
4. Career
6/2020	Director and Executive Vice President (Planned)
	Department Director of Renewable Energy Business (Planned)
	Deputy Department Director of Nuclear Power Business (Planned)
6/2018	Director and Executive Managing Officer
	Department Director of Renewable Energy Business
	Department Deputy Director of Nuclear Power Business
6/2016	Director and Executive Managing Officer
	Department Deputy Director of Nuclear Power Business
6/2015	Executive Managing Officer
	Department Deputy Director of International Business
6/2013	Executive Officer
	Department Director of International Business Development Dept.
	Department Deputy Director of International Business
7/2012	Department Director of International Business Development Dept.

4/1981 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Yoshikazu SHIMADA
2.	Date of Birth	May 16, 1957
3.	Education	Master's Program in Civil Engineering, Graduate School of
		Engineering, Kyoto University, 1982
4.	Career
	6/2020	Director and Executive Managing Officer (Planned)
		Department Deputy Director of Renewable Energy Business (Planned)
	6/2018	Executive Managing Officer
		Department Deputy Director of Renewable Energy Business
	6/2017	Executive Managing Officer
	6/2015	Executive Officer
		Department Director of Civil & Architectural Engineering Dept.
	6/2012	Department Director of Civil & Architectural Engineering Dept.

4/1982 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Hiroshi SASATSU
2.	Date of Birth	March 15, 1962
3.	Education	Master's Program in Environmental Sciences, Graduate School
		of Environmental Sciences, University of Tsukuba, 1986
4.	Career
	6/2020	Director and Executive Managing Officer (Planned)
	4/2019	Executive Managing Officer
	6/2018	Executive Officer
	6/2016	Executive Officer
		Department Director of Research & Development Dept.
	6/2015	Department Director of Research & Development Dept.
	6/2013	Superintendent of Isogo Thermal Power Station, Thermal Power Dept.
	7/2010	Director of Wakamatsu Research Institute, Technology Development
		Center

4/1986 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Isshu KURATA
2.	Date of Birth	November 20, 1961
3.	Education	Faculty of Political Science and Economics, Waseda
		University, 1984
4.	Career
	4/2020	Executive Managing Officer (Planned)
		Department Director of Ohma General Management Dept. (Planned)
		Department Deputy Director of Nuclear Power Business (Planned)
	6/2017	Executive Officer
		Department Director of Nuclear Power Management Dept.
	7/2016	Department Director of Nuclear Power Management Dept.
	6/2014	Department Director of General Affairs Dept.

4/1984 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Takaya NOMURA
2.	Date of Birth	January 3, 1962
3.	Education	Faculty of Science and Engineering, Waseda University, 1984
4.	Career
	4/2020	Executive Managing Officer (Planned)
		Department Deputy Director of Renewable Energy Business (Planned)
	6/2018	Executive Officer
		Department Director of Hydropower Dept.
	1/2018	Department Director of Hydropower Dept.
		Senior Advisor of Corporate Planning & Administration Dept.
	6/2017	Department Director of Hydropower Dept.

4/1984 Joined Electric Power Development Co., Ltd.

	Curriculum Vitae
1. Name	Osamu HAGIWARA
2. Date of Birth	December 11, 1960
3. Education	Faculty of Engineering, Yokohama National University, 1984
4. Career
4/2020	Executive Managing Officer (Planned)
	Department Deputy Director of Nuclear Power Business (Planned)
4/2019	Executive Officer
6/2018	Executive Officer
	Director of Ohma Nuclear Power Station Construction Office, Ohma
	General Management Dept.
	Department Deputy Director of Ohma General Management Dept.
6/2016	Director of Ohma Nuclear Power Station Construction Office, Ohma
	General Management Dept.
	Department Deputy Director of Ohma General Management Dept.

4/1984 Joined Electric Power Development Co., Ltd.

			Curriculum Vitae
1. Name		Ryoji SEKINE
2.	Date of Birth	October 16, 1962
3.	Education		Faculty of Law, The University of Tokyo, 1985
4.	Career
	4/2020		Executive Managing Officer (Planned)
			Department Deputy Director of Energy Business (Planned)
	6/2018		Executive Officer
			Department Director of Energy Planning Dept.
			Department Deputy Director of Energy Business
	10/2015		Department Director of Energy Planning Dept.
	6/2013		Director of East Regional Headquarters, Hydropower Dept.
	1/2001	Joined Electric Power Development Co., Ltd.
	4/1985	Joined The Long-Term Credit Bank of Japan, Ltd.

Curriculum Vitae

1. Name	Yasushi ISHIDA
2.	Date of Birth	November 2, 1962
3.	Education	College of Policy and Planning Sciences, University of
		Tsukuba, 1985
4.	Career
	4/2020	Executive Officer (Planned)
	6/2017	Department Director of Siting & Environment Dept.

4/1985 Joined Electric Power Development Co., Ltd.

		Curriculum Vitae
1. Name	Kazuo ITO
2.	Date of Birth	April 6, 1961
3.	Education	Faculty of Science and Engineering, Waseda University, 1985
4.	Career

4/2020 Executive Officer (Planned)

Department Director of Digital Innovation Dept. (Planned) 4/2019 Department Director of Digital Innovation Dept.

4/1985 Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Takashi FUJITA
2.	Date of Birth	October 4, 1962
3.	Education	Faculty of Law, Osaka University, 1986
4.	Career

4/2020	Executive Officer (Planned)
6/2017	Department Director of General Affairs Dept.
6/2015	Department Director of Siting & Environment Dept.
4/1986	Joined Electric Power Development Co., Ltd.

Curriculum Vitae

1. Name	Shoichi ECHIGO
2.	Date of Birth	January 31, 1963
3.	Education	Faculty of Law, The University of Tokyo, 1987
4.	Career
	4/2020	Executive Officer (Planned)
	4/2019	Department Director of Personnel & Employee Relations Dept.
	6/2015	Department Director of Accounting & Finance Dept.

4/1987 Joined Electric Power Development Co., Ltd.