Itochu : Changes in Assignment of Members of the Board and Audit & Supervisory Board Members

January 19, 2023	This document is an English translation
	of a statement written originally in Japanese.
	The Japanese original should be considered
	as the primary version.

ITOCHU Corporation

(Code No. 8001, Prime Market)

Representative Director and President and Chief Operating Officer: Keita Ishii

Contact: Suguru Amano

General Manager, Investor Relations Division (TEL. [phone])

Changes in Assignment of Members of the Board and Audit & Supervisory Board Members

ITOCHU Corporation has resolved the following changes at its Board of Directors' meeting held on January 19, 2023.

1. Reason for Changes

Due to further strengthen our management structure.

2. Changes in Members of the Board

Newly Appointed Candidate for Member of the Board

	Meeting of Shareholders in June 2023>
Akiko Ito *1	Member of the Board(Outside Director)	Former Commissioner, Consumer Affairs Agency

Retiring of Member of the Board

Atsuko Muraki

3. Changes in Audit & Supervisory Board Members Retiring of Audit & Supervisory Board Member

Mitsuru Chino *2	Managing Executive Officer	Audit & Supervisory Board Member
Newly Appointed Candidates for Audit & Supervisory Board Members
	Meeting of Shareholders in June 2023>
Yoshiko Matoba	Audit & Supervisory Board Member	Executive Officer
Tsutomu Fujita	Outside Audit & Supervisory	Visiting Professor of the Graduate School of
	Board Member	Business Administration, Hitotsubashi University
Kumi Kobayashi *3 Outside Audit & Supervisory	Representative Partner, Kobayashi CPA Office
	Board Member

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Retiring of Audit & Supervisory Board Members

Shingo Majima

Masumi Kikuchi

*1 Registered name is Akiko Noda.

*2 Registered name is Mitsuru Ike.

*3 Registered name is Kumi Nojiri.

･Curriculum Vitae of newly Appointed Candidate for Member of the Board, newly Appointed Candidates for Audit & Supervisory Board Members, new Executive Officers

･Changes in Members of the Board and Executive Officers

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January 19, 2023

ITOCHU Corporation

Changes in Members of the Board, Audit & Supervisory Board Members and Executive Officers 1. Resignation of Audit & Supervisory Board Member

Name

		1 person (As of March 31, 2023)
As of April 1, 2023		Current

Mitsuru Chino (*1)

Managing Executive Officer

Audit & Supervisory Board Member

2. Retiring of Executive Officers

			5 persons (As of March 31, 2023)
Name	As of April 1, 2023		Current
Masahiro Morofuji	Advisory Member	Managing Executive Officer
Takanori Morita	Advisory Member	Executive Officer
Yoshiko Matoba	Advisory Member	Executive Officer
Satoshi Watanabe	Advisory Member	Executive Officer
Kenichi Tai	Advisory Member	Executive Officer
3. Newly Appointed Executive Officers
	8 persons (As of April 1, 2023)
Name	Current
Managing Executive	Audit & Supervisory Board Member
Officer
Mitsuru Chino (*1)
Executive Officer	Junior Executive Officer
Shuichi Miyamoto	Chief Operating Officer, Provisions Division
Executive Officer	Junior Executive Officer
Jun Inomata	Chief Operating Officer, Metal & Mineral Resources Division
Executive Officer	Junior Executive Officer
Tsutomu Yamauchi	Chief Operating Officer, Forest Products, General Merchandise & Logistics Division
Executive Officer	President, Lelian Co., LTD.
Manabu Fukugaki
Executive Officer	FamilyMart Co., Ltd., Executive Officer
Toshiyuki Kakimi
Executive Officer	Vice President, East Asia Bloc (East China) ;
Tadashi Ishibashi	Managing Director, ITOCHU SHANGHAI LTD.;
	Director, East Asia Energy & Chemicals Division, East Asia Bloc
Executive Officer	Chief Operating Officer,
Hiroshi Ushijima	Automobile, Construction Machinery & Industrial Machinery Division

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4. Reappointment, Promotion(1 person), and Changes in Assignment(12 persons) of Executive Officers

		＊Promoted Executive Officer
		＊＊Indicates a Representative Director
Of the 29 current Executive Officers, all 24 Executive Officers excluding the 5 retiring Executive Officers
(See "2. Retiring of Executive Officers" ) will be reappointed as Executive Officers.
[Promotion and Changes in Assignment of Executive Officers]
Name	As of April 1, 2023	Current
Hiroyuki Tsubai *	Member of the Board * *	Member of the Board * *
	Executive Vice President	Senior Managing Executive Officer
	President, Machinery Company	President, Machinery Company
Mitsuru Chino (*1)	Managing Executive Officer	Audit & Supervisory Board Member
	General Manager, Corporate Communications Division
Hiroyuki Kaizuka	Managing Executive Officer	Managing Executive Officer
	President & CEO, ITOCHU International Inc.	President, Food Company
Tomoyuki Takada	Managing Executive Officer	Managing Executive Officer
	CDO･CIO;	General Manager, Corporate Communications Division
	Executive Advisory Officer for Corporate Communications
Hiroyuki Naka	Member of the Board * *	Member of the Board * *
	Executive Officer	Executive Officer
	CSO;	CSO;
	General Manager, Group CEO Office	CDO・CIO;
		General Manager, Corporate Planning & Administration Division;
		General Manager, CP & CITIC Business Development Department
Shuichi Kato	Executive Officer	Executive Officer
	Chief Executive for Europe & CIS Bloc;	President, The 8th Company
	CEO, ITOCHU Europe PLC
Tadayoshi Yamaguchi	Executive Officer	Executive Officer
	Chief Operating Officer, Financial & Insurance Business Division	President & CEO, ITOCHU International Inc.
Hideto Takeuchi	Executive Officer	Executive Officer
	President, Textile Company;	Chief Operating Officer, Brand Marketing Division
	Executive Advisory Officer for Osaka Headquarters
Kazuaki Yamaguchi	Executive Officer	Executive Officer
	General Manager, Finance Division;	General Manager, General Accounting Control Division
	General Accounting Control Division
Kuniaki Abe	Executive Officer	Executive Officer
	Chief Operating Officer, Fresh Food Division	General Manager,
		Planning & Administration Department, Food Company;
		CP&CITIC Business Development Department
Shuichi Miyamoto	Executive Officer	Junior Executive Officer
	President, Food Company	Chief Operating Officer, Provisions Division
Manabu Fukugaki	Executive Officer	President, Lelian Co., LTD.
	Chief Operating Officer, Brand Marketing Division
Toshiyuki Kakimi	Executive Officer	FamilyMart Co., Ltd., Executive Officer
	General Manager, Human Resources & General Affairs Division;
	Group CEO Office
5. Change in Assignment of Executive Officer
		1 person (As of May 1, 2023)
Name	As of May 1, 2023	Current
Kazuaki Yamaguchi	Executive Officer	Executive Officer
	General Manager, Finance Division	General Manager, Finance Division;
		General Accounting Control Division

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6. Newly Appointed Junior Executive Officers

	5 persons (As of April 1, 2023)
Name	Current
Kenichiro Soma	CFO, Food Company
Ryoma Omuro	General Manager,
	Planning & Administration Department, Textile Company;
	CP & CITIC Business Development Department
Zenichiro Urakami	Deputy General Manager, IT & Digital Strategy Division;
	General Manager, Digital Project Management Department
Takuji Kani	Deputy Chief Operating Officer,
	Automobile, Construction Machinery & Industrial Machinery
	Division
Tadashi Katori	Vice President, East Asia Bloc (South China) ;
	Managing Director, ITOCHU HONG KONG LTD.

7. Retiring of Member of the Board

		1 person (As of the date of the Ordinary General Meeting of Shareholders in June 2023)
Name	As of the date of the Ordinary General Meeting of Shareholders	Current
in June 2023
Atsuko Muraki	-		Member of the Board (Outside Director)

8. Newly Appointed Candidate for Member of the Board

1 person (As of the date of the Ordinary General Meeting of Shareholders in June 2023)

Name

As of the date of the Ordinary General Meeting of Shareholders

in June 2023

Current

Akiko Ito (*2)

Member of the Board (Outside Director)

Former Commissioner, Consumer Affairs Agency

9. Resignation of Audit & Supervisory Board Members

		2 persons (As of the date of the Ordinary General Meeting of Shareholders in June 2023)
Name	As of the date of the Ordinary General Meeting of Shareholders	Current
in June 2023
Shingo Majima	-		Outside Audit & Supervisory Board Member

Masumi Kikuchi

-

Outside Audit & Supervisory Board Member

10. Newly Appointed Candidates for Audit & Supervisory Board Members

3 persons (As of the date of the Ordinary General Meeting of Shareholders in June 2023)

Name	As of the date of the Ordinary General Meeting of Shareholders	Current
in June 2023
Yoshiko Matoba	Audit & Supervisory Board Member	Executive Officer
		General Manager, Human Resources & General Affairs Division
Tsutomu Fujita	Outside Audit & Supervisory Board Member	Visiting Professor of the Graduate School of Business Administration,
		Hitotsubashi University
Kumi Kobayashi (*3)	Outside Audit & Supervisory Board Member	Representative Partner, Kobayashi CPA Office

(*1) Registered name is Mitsuru Ike.

(*2) Registered name is Akiko Noda.

(*3) Registered name is Kumi Nojiri.

CEO : Chief Executive Officer COO : Chief Operating Officer CSO : Chief Strategy Officer

CAO : Chief Administrative Officer CFO : Chief Financial Officer CDO ・CIO : Chief Digital & Information Officer

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