Toyo Tire : Announcement of Organizational Structure Change and Personnel Changes, including a Reshuffling of Executives

PRESS

RELEASE

Announcement of Organizational Structure Change and Personnel Changes, including a Reshuffling of Executives

Hyogo, Japan - January 27, 2023 - Toyo Tire Corporation (President & CEO: Takashi Shimizu) announces the following organizational structure change and personnel changes, including a reshuffling of executives.

1. Organizational Structure Change

The following change of the organizational structure will take effect on April 1, 2023.

(Reorganization of departments / consolidation of functions)

• In order for the Seismic Rubber Task Force Headquarters to facilitate timely fulfillment of repair work, customer relations, and follow-ups on properties after such work has been completed, functions and organizations under it will be consolidated into the Recall Department and the Customer Relations Department.

2. Reshuffling of executives

Effective March 29, 2023, the following changes of Directors, Audit & Supervisory Board Members, Corporate Officers, and Advisors will be made.

I. Director

1) Director to be Appointed

Name	Current Position	New Position
	Member of Administrative Council,	Member of Administrative Council,
	Nagaoka University of Technology	Nagaoka University of Technology
	Outside Director,	Outside Director,
	Fuji Pharma Co., Ltd.	Fuji Pharma Co., Ltd.
Yukiko	Outside Director,	Outside Director,
NAKANISHI INC.	NAKANISHI INC.
Araki
Board of Councilor,	Board of Councilor,
	The Japanese Society for Wellbeing	The Japanese Society for Wellbeing
	Science and Assistive Technology	Science and Assistive Technology
		Outside Director,
		Toyo Tire Corporation

• The above appointment of a new Director will be presented at the 107th annual general meeting of shareholders as a proposal on the election of Directors.

2) Director to Retire

	Name	Current Position	New Position
	Yoji	Director, Corporate Officer	Corporate Officer
	President,	President,
	Imura
	Toyo Tire Serbia LLC	Toyo Tire Serbia LLC
		Director, Corporate Officer
		Vice President,
		Corporate Headquarters
	Takehiko	Division General Manager,
	Capital & Business Alliance	Retirement
	Sasamori
	Co-ordination Division
		Chief Risk Management Officer
		Compliance Supervisor
		Chief Compliance officer
II. Audit & Supervisory Board Members
1) Audit & Supervisory Board Member to be Appointed
	Name	Current Position	New Position
	Mitsunobu	Accounting Dept.	Audit & Supervisory Board Member
	Corporate Administration Division	(full-time)
	Kohno
	Corporate Headquarters
	Yasuhiro	―	Audit & Supervisory Board Member
	Kitao	(outside auditor)

• The above appointments of new Audit & Supervisory Board Members will be presented at the 107th annual general meeting of shareholders as a proposal on the election of Audit & Supervisory Board Members.

2) Audit & Supervisory Board Member to Retire

	Name	Current Position	New Position
	Masao	Audit & Supervisory Board Member	Retirement
	Yano	(full-time, outside auditor)
III. Corporate Officers
1) Appointment of Senior Corporate Officer
	Name	Current Position	New Position
	Iori	Corporate Officer	Senior Corporate Officer
	President & CEO,	President & CEO,
	Suzuki
	Toyo Tire Holdings of Americas Inc.	Toyo Tire Holdings of Americas Inc.
2) Appointment of Corporate Officers and changes in their business duties
	Name	Current Position	New Position
			Corporate Officer
		Division General Manager,	Vice President,
	Hiroshi	Corporate Headquarters
	Corporate Administration Division,
	Nobuzawa	Division General Manager,
	Corporate Headquarters
		Capital & Business Alliance
			Co-ordination Division

	Name	Current Position	New Position
			Chief Risk Management Officer
			Compliance Supervisor
		Division General Manager,	Corporate Officer
		Division General Manager,
		Central Research Center
	Ichiro	Central Research Center
	Division General Manager,
	Shima	Division General Manager,
	Production Engineering Division,
		Production Engineering Division,
		R&D Headquarters
		R&D Headquarters
		Division General Manager,
	Junichi	Product Planning Division	Corporate Officer
	General Manager,	Division General Manager,
	Uda
	Global Marketing Dept.,	Product Planning Division
		Business Headquarters
2) Changes in business duties
	Name	Current Position	New Position
			Corporate Officer
		Corporate Officer	Vice President,
	Yuji	Production Headquarters
	Vice President,
	Miyazaki	Chairman & CEO,
	Production Headquarters
		Toyo Tire North America
			Manufacturing, Inc.
IV. Advisor (full-time)
1） Advisors to Retire
	Name	Current Position	New Position
		Advisor (full-time)
		Assistant to Vice President,
	Shinji	Production Headquarters	Retirement
	Tanabe	Chairman & CEO,
		Toyo Tire North America
		Manufacturing, Inc.
		Advisor (full-time)
	Hidefumi	Deputy Division General Manager,	Retirement
	Uematsu	Seismic Rubber Task Force
		Headquarters

3． Personnel Changes

The following personnel changes will take effect on March 29, April 1, 2023, respectively.

1) Personnel changes (effective March 29, 2023)

	Name	Current Position	New Position
	Akifumi	General Manager,	Division General Manager,
	Accounting Dept.	Corporate Administration Division
	Kishi
	Corporate Administration Division
			Deputy Division General Manager,
	Taku	General Manager,	Corporate Administration Division
	Corporate Administration Dept.	General Manager,
	Fushimi
	Corporate Administration Division	Corporate Administration Dept.
			Corporate Administration Division
	Yuki	Accounting Dept.	General Manager,
	Accounting Dept.
	Ikehata	Corporate Administration Division
	Corporate Administration Division
	Makoto	Corporate Administration Dept.	General Manager,
	Global Marketing Dept.
	Yoshikawa	Corporate Administration Division
	Product Planning Division
2) Personnel changes (effective April 1, 2023)
	Name	Current Position	New Position
		General Manager,	General Manager,
	Naoki	Administration Dept.	Customer Relations Dept.
	Gonsui	Seismic Rubber Task Force	Seismic Rubber Task Force
		Headquarters	Headquarters
		Division General Manager,	General Manager,
		Recall Division	Recall Dept.
	Hiroshi	Seismic Rubber Task Force	Seismic Rubber Task Force
	Headquarters	Headquarters
	Ohno
	Division General Manager,	Division General Manager,
		Automotive Parts Business	Automotive Parts Business
		Development Division	Development Division
	Takeshi	Human Resources Dept.	General Manager,
	Human Resources Dept.
	Okamoto	Corporate Infrastructure Division
	Corporate Infrastructure Division
	Takeshi	General Manager,	General Manager,
	Materials Development Dept.	Quality Assurance Dept. No.1
	Nishigami
	Technology Development Division	Quality Assurance Division
	Makoto	Materials Development Dept.	General Manager,
	Materials Development Dept.
	Uno	Technology Development Division
	Technology Development Division
	Shigemi	Global DX Promotion Dept.	General Manager,
	Tire Testing Dept.
	Ohsuna	DX Promotion Division
	Technology Development Division

Name	Current Position	New Position
Teruaki	General Manager,	General Manager,
Tire Testing Dept.	Automotive Parts Testing Dept.
Baba
Technology Development Division	Technology Development Division
Yasuhisa	Production Technology Dept.	General Manager,
Production Technology Dept.
Masuda	Production Engineering Division
Production Engineering Division
	General Manager,	Assistant to Division General Manager,
Masato	Production Engineering Division
Production Technology Dept.
Kitagawa	President,
Production Engineering Division
	ORIENT MACHINERY CO., LTD.
	Assistant to Division General Manager,	General Manager,
Hirokatsu	Production Engineering Division	New Production Method Development
Mizukusa	President,	Dept.
	ORIENT MACHINERY CO., LTD.	Technology Development Division
Masanori	O.E. Sales Dept. No.2	General Manager,
O.E. Sales Dept. No.1
Ide	Original Equipment Sales Division
Original Equipment Sales Division
		Division General Manager,
		Europe, Africa & Middle East Sales
	Vice President,	Division
Masaomi	General Manager,
TOYO TYRE SALES AND
Kono	Europe, Africa & Middle East Sales
MARKETING MALAYSIA SDN. BHD.
	Dept.,
		Europe, Africa & Middle East Sales
		Division
Teppei	President,	General Manager,
Asia & Oceania Sales Dept.
Shigeno	Toyo Tyre (UK) Ltd.
Asia & Oceania Sales Division

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