Kobe Steel Ltd. announced that at its board of directors meeting held on March 3, 2016, it has decided on the following changes in its representative directors: the position of Hiroshi Sato changed from Chairman of the Board and Representative Director to Director (Senior Adviser) and the position of Kazuhide Naraki changed from Executive Vice President and Representative Director to Director (part time). The scheduled date of change is on April 1, 2016.