Toyo Denki Seizo K K : Notice Concerning Change of Officers

	July 13, 2023
To Whom It May Concern,
Company Name	Toyo Denki Seizo K.K.
Representative	Akira Watanabe,
	President, Representative Director
	(Stock Code: 6505 TSE Standard)
Inquiries	Masaru Hamada, General Manager,
	General Affairs Division
	Tel.: [phone]

Notice Concerning Change of Officers

Toyo Denki Seizo K.K. (hereinafter "Toyo Denki") hereby announces that the Board of Directors held today informally has decided to make changes to Directors, Auditors, and Operating Officers as follows.

The changes in question are scheduled to be resolved at the 162nd Annual General Meeting of Shareholders to be held on August 29, 2023.

1. Change of Directors (August 29, 2023)

1. Candidate for new Director

Director (Outside)

Yukiko Machida (lawyer)

1. • Ms. Yukiko Machida, a candidate for outside director, is a candidate for outside director as set forth in Article 2, Item 15 of the Companies Act.
     The Company also plans to register her in the Tokyo Stock Exchange as an independent officer stipulated by the Exchange.
2. Career summary of new director (outside) candidate See Exhibit 1

2. Change of Audit and Supervisory Board Member (August 29, 2023)

1. Candidates for new Audit and Supervisory Board Member

Full-time Audit and	Toshiharu Takaki	(currently, Operating Officer, Deputy
Supervisory Board Member		Division Director, Industry Business Unit)
Audit and Supervisory	Keiichi Hasegawa	(Professor, Faculty of Commerce, Waseda
Board Member		University)

1. • Mr. Keiichi Hasegawa, a candidate for Audit and Supervisory Board member, is a candidate for outside Audit and Supervisory Board member as set forth in Article 2, Item 16 of the Companies Act. The Company also plans to register her in the Tokyo Stock Exchange as an independent officer stipulated by the Exchange.
2. Audit and Supervisory Board Members to retire

Full-time Audit and	Kenji Ueda
Supervisory Board Member
Audit and Supervisory	Yoshinori Kawamura
Board Member

• The terms of office will expire for both above Audit and Supervisory Board Members at the conclusion of the 162nd Annual General Meeting of Shareholders.

3. Change of Operating Officers (August 29, 2023)

(1) Operating Officer to retire		[Plan after retirement]
Operating Officer	Toshiharu Takaki	Scheduled to serve as the Company's
		Full-time Audit and Supervisory Board
		Member

Structure of Directors and Audit and Supervisory Board Members after the conclusion of the 162nd Annual General Meeting of Shareholders is planned as follows.

(Directors)
President, Representative Director	Akira Watanabe
Chairman, Director	Kenzo Terashima
Director	Yoshifumi Otsubo
Director	Kenji Tanimoto
Director (Outside)	Koji Mizumoto
Director (Outside)	Taizo Makari
Director (Outside)	Yukiko Machida
(Audit and Supervisory Board
Member)
Full-time Audit and Supervisory	Hitoshi Kobayashi
Board Member
Full-time Audit and Supervisory	Toshiharu Takaki
Board Member
Audit and Supervisory Board	Koichi Abe
Member
Audit and Supervisory Board	Keiichi Hasegawa
Member

(Exhibit 1)

Career summary

Name	Yukiko Machida
Date of Birth	March 24, 1984

Career summary, etc.

September 2008 Passed bar exam (new 62nd term)

December 2009 Registered as a lawyer (Daini Tokyo Bar Association) Joined Shin-Yotsuya Law Office

December 2012 Established Law Office of Itsumi ＆ Machida (to present)

Affiliation, etc. Member of the Management Lawyer Council Member of the Japan Labor Law Association

Vice-Chairperson of Labor Issue Committee, Daini Tokyo Bar Association

Member of NIBEN HQ for Promotion of Male/Female Participation Equality, Daini Tokyo Bar Association