2023/05/16 21:13:17 / 22961354_株式会社日立製作所_招集通知

Reference Documentation

Election of 12 Directors due to expiration of the term of office of all
Directors

Item

Due to expiration of the term of office of all Directors at the close of this Meeting, it is proposed that 12 Directors beelected. The Company has proposed the following 12 nominees for Directors (including 9 independent directors*) to reflect global
and diverse viewpoints to the management as well as to realize further growth of social innovation business and reinforce thefunctions of supervision of management.
* The "Independent Directors" in this notice are the directors who fulfill the qualification requirements to be outside directors as provided
by the Companies Act of Japan and also meet the independence criteria defined by the Company and those as provided by Japanesestock exchanges where the Company is listed, unless otherwise stated.

The list of nominees
No

Name

Current Position and Responsibilities at the Company

1

Katsumi Ihara

RE

OD

ID

Independent Director Chairman of the Board■ Nominating Committee (Chair) ■ Audit Committee■ Compensation Committee

2

Ravi Venkatesan

RE

OD

ID

Independent Director

3

Cynthia Carroll

RE

OD

ID

Independent Director■ Nominating Committee

4

Ikuro Sugawara

RE

OD

ID

Independent Director■ Audit Committee5

Joe Harlan

RE

OD

ID

Independent Director■ Compensation Committee

6

Louise Pentland

RE

OD

ID

Independent Director

7

Takatoshi Yamamoto

RE

OD

ID

Independent Director■ Compensation Committee (Chair)

8

Hiroaki Yoshihara

RE

OD

ID

Independent Director■ Nominating Committee

9

Helmuth Ludwig

RE

OD

ID

Independent Director■ Audit Committee

10

Keiji Kojima

RE

Representative Executive Officer, President & CEO and Director■ Compensation Committee

11

Mitsuaki Nishiyama

NEW

Associate12

Toshiaki Higashihara

RE

Executive Chairman, Representative Executive Officer and Director■ Nominating Committee

NEW : Newly selected nomineeRE: Re-selected nominee

OD: Outside Director nominee as provided by the Companies Act of JapanID: Independent Director as provided by Japanese stock exchanges where the Company is listed3

item3 リスト

■ Audit Committee (Chair)

2023/06/13 17:02:33 / 22961354_株式会社日立製作所_招集通知No1

Katsumi Ihara(Date of Birth: Sept. 24, 1950)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Chairman of the Board
Nominating Committee (Chair)
Member of Audit Committee
Member of Compensation Committee

Five years

1,300

ID

Brief Biography
5/19816/2005
Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Nominating Committee
8 out of 8 days (100%)
Audit Committee
14 out of 15 days (93%)
Compensation Committee
8 out of 8 days (100%)

No24/20096/20096/20106/20114/20156/20166/2018Joined Sony Corporation
Executive Deputy President, Representative Corporate Executive Officer, Member of the Board, Sony
Corporation
Executive Deputy President, Corporate Executive, Sony Corporation
Executive Vice President, Representative Director, Sony Financial Holdings Inc.
President, Representative Director, Sony Financial Holdings Inc.
President, Representative Director, Sony Life Insurance Co., Ltd.
Chairman, Director, Sony Life Insurance Co., Ltd. (Retired in June 2017)
Chairman, Director, Sony Financial Holdings Inc. (Retired in June 2017)
Director, Hitachi, Ltd. (currently in office)Reason for selection as Independent Director nominee and his expected roles
Mr. Ihara has rich experience and insight in the area of global corporate management gained through the
involvement in management at major companies conducting diversified businesses globally. He was selected as anindependent director nominee, since he was expected to leverage such experience and insight to reinforce thesupervisory and decision making functional aspects of the Company’s Board of Directors by offering opinions andproposals regarding the general management of the Company and supervising the execution of duties by Executive
Officers and others from an independent perspective.

Ravi Venkatesan(Date of Birth: Jan. 12, 1963)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director

Two years 11 months

500

ID

Brief Biography
7/19991/20044/2011

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)

4/20138/20159/20187/2020Chairman of the Board of Directors, Cummins India Ltd. (India) (Retired in March 2004)
Chairman, Microsoft India Pvt. Ltd. (India) (Retired in September 2011)
Independent Director, Infosys Ltd. (India) (Retired in May 2018, served as Co-Chairman from April 2017
to August 2017)
Venture Partner, Unitus Ventures LLC. (India) (currently in office)
Chairman (Non-Executive), Bank of Baroda (India) (Retired in August 2018)
Special Representative for Young People & Innovation, UNICEF (Retired in September 2022)
Director, Hitachi, Ltd. (currently in office)

Other Principal Positions Held
Chairman, Global Energy Alliance for People and Planet, LLC (USA)
Trustee, The Rockefeller Foundation (USA)
Venture Partner, Unitus Ventures LLC. (India)
Reason for selection as Independent Director nominee and his expected roles
Mr. Venkatesan has rich experience and insight in the area of global corporate management, digital business andemerging markets. He was selected as an independent director nominee, since he was expected to leverage such
experience and insight to reinforce the supervisory and decision making functional aspects of the Company’s Boardof Directors by offering opinions and proposals regarding the general management of the Company from a global
viewpoint and supervising the execution of duties by Executive Officers and others from an independent perspective.

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Cynthia Carroll

RE(Date of Birth: Nov. 13, 1956)

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Member of Nominating Committee

Ten years

1,600

ID

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Nominating Committee
9 out of 10 days (90%)

10/1991
1/1996
10/1998
1/20023/20076/2013General Manager, Foil Products, Alcan Inc. (Canada)
Managing Director, Aughinish Alumina Ltd., Alcan Inc.
President, Bauxite, Alumina and Specialty Chemicals, Alcan Inc.
President & CEO, Primary Metal Group, Alcan Inc.
CEO, Anglo American plc. (UK) (Retired in April 2013)
Director, Hitachi, Ltd. (currently in office)

Other Principal Positions Held
Director, Baker Hughes Company (USA)*
Director, Pembina Pipeline Corporation (Canada)*
Director, Glencore plc (Switzerland)*Reason for selection as Independent Director nominee and her expected roles
Ms. Carroll has rich experience and insight as the top executive of major global companies in the mining industry.
She was selected as an independent director nominee, since she was expected to leverage such experience andinsight to reinforce the supervisory and decision making functional aspects of the Company’s Board of Directors byoffering opinions and proposals regarding the general management of the Company from a global viewpoint andsupervising the execution of duties by Executive Officers and others from an independent perspective.

No

4

Ikuro Sugawara

RE(Date of Birth: Mar. 6, 1957)

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Member of Audit Committee

One year

400

ID

Brief Biography
4/19817/2010Attendance for Fiscal 2022
Board of Directors meetings
7 out of 7 days (100%)
Audit Committee
9 out of 9 days (100%)9/20126/20137/20158/2017
6/2022Joined Ministry of International Trade and Industry of Japan
Director-General of the Industrial Science and Technology Policy andEnvironment Bureau, Ministry of Economy, Trade and Industry of Japan (“METI”)
Director-General of the Manufacturing Industries Bureau, METI
Director-General of the Economic and Industrial Policy Bureau, METI
Vice-Minister of Economy, Trade and Industry of Japan
Special Advisor to the Cabinet of Japan (Retired in June 2018)
Director, Hitachi, Ltd. (currently in office)

Other Principal Positions Held
Outside Director, Toyota Motor Corporation
Outside Director, FUJIFILM Holdings Corporation
Reason for selection as Independent Director nominee and his expected roles
Mr. Sugawara has rich experience and insight in the area of public administration, etc. gained through leading
positions at government agencies. He was selected as an independent director nominee, since he was expected toleverage such experience and insight to reinforce the supervisory and decision making functional aspects of theCompany’s Board of Directors by offering opinions and proposals regarding the general management of theCompany and supervising the execution of duties by Executive Officers and others from an independent
perspective.

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Joe Harlan(Date of Birth: May 5, 1959)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Member of Compensation Committee

Five years

1,300

ID

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)Compensation Committee
8 out of 8 days (100%)

9/19999/2001
11/2002
10/2004
10/2009
9/20119/2012
10/2014
10/2015
6/2018Vice President and Chief Financial Officer, Lighting Business, General Electric Company (USA)Vice President, Corporate Financial Planning and Analysis, 3M Company (USA)President and Chief Executive Officer, Sumitomo 3M Ltd.
Executive Vice President, Electro and Communications Business, 3M Company (USA)
Executive Vice President, Consumer and Office Business, 3M Company (USA)
Executive Vice President, Performance Materials, The Dow Chemical Company (USA)
Executive Vice President, Chemicals, Energy and Performance Materials, The Dow Chemical Company(USA)
Chief Commercial Officer and Vice Chairman, Market Business, The Dow Chemical Company (USA)Vice Chairman and Chief Commercial Officer, The Dow Chemical Company (USA) (Retired in August
2017)
Director, Hitachi, Ltd. (currently in office)Reason for selection as Independent Director nominee and his expected roles
Mr. Harlan has rich experience and insight in the area of global corporate management gained through the
involvement in management at major companies conducting diversified businesses globally. He was selected as anindependent director nominee, since he was expected to leverage such experience and insight to reinforce thesupervisory and decision making functional aspects of the Company’s Board of Directors by offering opinions andproposals regarding the general management of the Company from a global viewpoint and supervising theexecution of duties by Executive Officers and others from an independent perspective.

No

6

Louise Pentland(Date of Birth: Apr. 11, 1972)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director

Eight years

1,200

ID

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)

8/19977/20019/20077/20086/20092/20114/20156/20157/20159/2016
1/2022Admitted as a Solicitor (UK)
Senior Legal Counsel, Nokia Networks, Nokia Corporation (Finland)
Vice President, Acting Chief Legal Officer and Head of IP Legal, Nokia Corporation (Finland)
Senior Vice President and Chief Legal Officer, Nokia Corporation (Finland)
Admitted to New York State Bar Association
Executive Vice President and Chief Legal Officer, Nokia Corporation (Finland) (Retired in May 2014)
General Counsel, PayPal, eBay Inc. (USA)
Director, Hitachi, Ltd. (currently in office)Senior Vice President and Chief Legal Officer, PayPal Holdings, Inc. (USA)
Executive Vice President, Chief Business Affairs and Legal Officer, PayPal Holdings, Inc. (USA)
Executive Vice President and Senior Advisor, PayPal Holdings, Inc. (USA) (Retired in July 2022)

Other Principal Positions Held
Director, Experian plc (Ireland/UK)*
Reason for selection as Independent Director nominee and her expected roles
Ms. Pentland has deep insight into corporate legal matters and corporate governance gained through her richexperience as the chief legal officer of major global companies. She was selected as an independent director
nominee, since she was expected to leverage such experience and insight to reinforce the supervisory and decision
making functional aspects of the Company’s Board of Directors by offering opinions and proposals regarding thegeneral management of the Company from a global viewpoint and supervising the execution of duties by Executive
Officers and others from an independent perspective as well as reflecting her global viewpoint.

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Takatoshi Yamamoto(Date of Birth: Oct. 20, 1952)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Compensation Committee (Chair)

Seven years

14,000ID

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Audit Committee
6 out of 6 days (100%)Compensation Committee
8 out of 8 days (100%)No84/1975
4/198912/1995
6/19997/20056/20096/20116/2016

Joined Nomura Research Institute, Ltd.
Joined Morgan Stanley Japan Limited
Managing Director, Morgan Stanley Japan Limited
Managing Director and Vice Chairman, Tokyo Branch, Morgan Stanley Japan Limited
Managing Director and Vice Chairman, UBS Securities Japan Co., Ltd.
Managing Director, CASIO COMPUTER CO., LTD.
Advisor, CASIO COMPUTER CO., LTD. (Retired in June 2012)
Director, Hitachi, Ltd. (currently in office)

Other Principal Positions Held
Outside Director, Murata Manufacturing Co., Ltd.
Reason for selection as Independent Director nominee and his expected roles
Mr. Yamamoto has broad range of insight in business and management gained through his experience in the areaof corporate analysis and global corporate management. He was selected as an independent director nominee,
since he was expected to leverage such experience and insight to reinforce the supervisory and decision making
functional aspects of the Company’s Board of Directors by offering opinions and proposals regarding the generalmanagement of the Company and supervising the execution of duties by Executive Officers and others from an
independent perspective.

Hiroaki Yoshihara(Date of Birth: Feb. 9, 1957)

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Member of Nominating Committee
Audit Committee (Chair)

Nine years

3,300

RE

OD

ID

Brief Biography
11/1978
7/1996
10/1997
10/20036/2014

Joined Peat Marwick Mitchell & Co.
National Managing Partner, the Pacific Rim Practice, KPMG LLPThe Board Member, KPMG LLP
Vice Chairman and Global Managing Partner, KPMG International (Retired in April 2007)
Director, Hitachi, Ltd. (currently in office)Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Nominating Committee
10 out of 10 days (100%)
Audit Committee
15 out of 15 days (100%)

Other Principal Positions Held
Outside Director, HOYA CORPORATION
Reason for selection as Independent Director nominee and his expected roles
Mr. Yoshihara has rich experience and insight in the area of global corporate management and accounting. He wasselected as an independent director nominee, since he was expected to leverage such experience and insight toreinforce the supervisory and decision making functional aspects of the Company’s Board of Directors by offering
opinions and proposals regarding the general management of the Company from a global viewpoint and supervising
the execution of duties by Executive Officers and others from an independent perspective.

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2023/05/16 21:13:17 / 22961354_株式会社日立製作所_招集通知No9Helmuth Ludwig(Date of Birth: Sept. 19, 1962)

RE

OD

Position and Responsibilities at the Company

Term of office as Independent Director

Share Ownership

Independent Director
Member of Audit Committee

Two years 11 months

4,200

ID

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Audit Committee
15 out of 15 days (100%)

6/20018/20028/2007
10/2010
10/2011
10/2014
10/2016
1/20207/2020President, Software and System House Division, Siemens AG (Germany)
President, Systems Engineering Division, Automation and Drives Group, Siemens AG (Germany)
President, Siemens PLM Software, Inc. (USA)Global Head of Communications, Industry Automation, Siemens Corp. (USA)President and CEO, Industry Sector, North America, Siemens Industry, Inc. (USA)
Executive Vice President and Chief Digital Officer, Digital Factory Division, Product Lifecycle
Management, Siemens Corp. (USA)
Chief Information Officer, Siemens AG (Germany) (Retired in December 2019)
Professor of Practice in Strategy and Entrepreneurship, Cox School of Business, Southern Methodist
University (USA) (currently in office)Director, Hitachi, Ltd. (currently in office)

Other Principal Positions Held
Chairperson of the Board, Circor International, Inc. (USA)*
Professor of Practice in Strategy and Entrepreneurship, Cox School of Business, Southern Methodist University(USA)
Senior Advisor, Bridgepoint, LLC (USA)
Reason for selection as Independent Director nominee and his expected roles
Mr. Ludwig has rich experience and insight in the area of global corporate management and digital business. He
was selected as an independent director nominee, since he was expected to leverage such experience and insightto reinforce the supervisory and decision making functional aspects of the Company’s Board of Directors by offering
opinions and proposals regarding the general management of the Company from a global viewpoint and supervising
the execution of duties by Executive Officers and others from an independent perspective.

No

10

Keiji Kojima(Date of Birth: Oct. 9, 1956)

Position and Responsibilities at the Company

Share Ownership

Representative Executive Officer,
President & CEO and Director
Member of Compensation Committee

101,100

RE

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)Compensation Committee
8 out of 8 days (100%)

4/19824/20114/20124/20164/20186/20214/2022Joined Hitachi, Ltd.
General Manager, Hitachi Research Laboratory
Vice President and Executive Officer
Senior Vice President and Executive Officer
Representative Executive Officer, Executive Vice President
Representative Executive Officer, President & COO and Director, Hitachi, Ltd.
Representative Executive Officer, President & CEO and Director, Hitachi, Ltd. (currently in office)Reason for selection as Director nominee and his expected roles
Mr. Kojima has rich experience and a proven performance record, having been engaged in R&D and business
management in the digital business both at the Company and at Group companies as well as in global promotion of
Lumada business. He has been engaged in the management of the Company as President & COO since June
2021 and as President & CEO since April 2022. Mr. Kojima was selected as a director nominee, since he was
expected to continue to promote information sharing and draw on his rich experience and performance record to
reinforce the decision-making function of the Board of Directors as a member of the Board.

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Mitsuaki Nishiyama(Date of Birth: Sep. 25, 1956)

Position and Responsibilities at the Company

Share Ownership

Associate

26,660NEW

Brief Biography
4/19794/20084/20116/20124/20137/20134/20144/20154/20164/20206/20201/20234/2023Joined Hitachi, Ltd.
General Manager, Finance Department Ⅰ
Executive Officer, Hitachi Cable, Ltd.
Executive Officer, Board Director, Hitachi Cable, Ltd.
Vice President and Executive Officer, Board Director, Hitachi Cable, Ltd.
Vice President and Managing Officer, Hitachi Metals, Ltd. (currently Proterial, Ltd.)
Vice President and Executive Officer, Hitachi Metals, Ltd. (Retired in March 2015)
Vice President and Executive Officer, Hitachi, Ltd.
Representative Executive Officer, Senior Vice President and Executive Officer, Hitachi, Ltd.
Representative Executive Officer, Chairperson and CEO, Hitachi Metals, Ltd.
Representative Executive Officer, Chairperson, President and CEO, Hitachi Metals, Ltd.
Representative Executive Officer, Chairperson, President and CEO, and Director, Hitachi Metals, Ltd.
Representative Director, Executive Chairman, Proterial, Ltd. (Retired in March 2023)
Associate, Hitachi, Ltd. (currently in office)Reason for selection as Director nominee and his expected roles
Mr. Nishiyama has rich experience and a proven performance record, having been engaged in operations in suchareas as accounting and financial affairs and management at the Company and Group companies, etc. Mr.
Nishiyama was selected as a director nominee, since he was expected to reinforce the supervisory functions of theCompany's Board of Directors by supervising the execution of duties by Executive Officers and others based on his
rich experience and a proven performance record.

No

12

Toshiaki Higashihara(Date of Birth: Feb. 16, 1955)

Position and Responsibilities at the Company

Share Ownership

Executive Chairman, Representative
Executive Officer and Director
Member of Nominating Committee

199,200

RE

Brief Biography

Attendance for Fiscal 2022
Board of Directors meetings
9 out of 9 days (100%)
Nominating Committee
10 out of 10 days (100%)

4/19774/20074/20084/20106/20104/20114/20134/20146/20144/20165/20216/20214/2022Joined Hitachi, Ltd.
Vice President and Executive Officer
President, Hitachi Power Europe GmbH
Representative Executive Officer, President and Chief Executive Officer, Hitachi Plant Technologies, Ltd.
President and Representative Director, Hitachi Plant Technologies, Ltd.
Vice President and Executive Officer, Hitachi, Ltd.
Senior Vice President and Executive Officer, Hitachi, Ltd.
Representative Executive Officer and President & COO, Hitachi, Ltd.
Representative Executive Officer, President & COO and Director, Hitachi, Ltd.
Representative Executive Officer, President & CEO and Director, Hitachi, Ltd.
Representative Executive Officer, Executive Chairman, President & CEO and Director, Hitachi, Ltd.
Representative Executive Officer, Executive Chairman & CEO and Director, Hitachi, Ltd.
Executive Chairman, Representative Executive Officer and Director, Hitachi, Ltd. (currently in office)Reason for selection as Director nominee and his expected roles
Mr. Higashihara has rich experience and a proven performance record, having been engaged in business
management in a broad range of fields, including social infrastructure business and power systems business, bothat the Company and at Group companies, as well as in the promotion of the Group’s global business development.
He has been engaged in the management of the Company as President since April 2014, as Executive Chairman
and President since May 2021 and as Executive Chairman since June 2021. He has been serving as Executive
Chairman and Director since April 2022. Mr. Higashihara was selected as a director nominee, since he was
expected to continue to promote information sharing and draw on his rich experience and performance record to
reinforce the decision-making function of the Board of Directors as a member of the Board.

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Notes:
1.

“Attendance” at Board of Directors meetings and the committees meetings is based on the days held each meetings during
each member’s term of office.
2. Messrs. Katsumi Ihara, Ravi Venkatesan, Ikuro Sugawara, Joe Harlan, Takatoshi Yamamoto, Hiroaki Yoshihara and Helmuth
Ludwig and Mses. Cynthia Carroll and Louise Pentland are nominees who fulfill the qualification requirements to be outside
director nominees as provided for in Article 2, Paragraph 3, Item 7 of the Enforcement Regulations of the Companies Act. The
Company has reported all of them as independent directors to the Japanese stock exchanges where the Company is listed.
3. The Company maintains a limited liability agreement (hereinafter referred to as “Agreement”) with Messrs. Katsumi Ihara, Ravi
Venkatesan, Ikuro Sugawara, Joe Harlan, Takatoshi Yamamoto, Hiroaki Yoshihara and Helmuth Ludwig and Mses. Cynthia
Carroll and Louise Pentland. The general intent of the Agreement is to limit the liability of Directors provided for in Article 423,
Paragraph 1 of the Companies Act to the aggregate amount of each item stipulated under Article 425, Paragraph 1 of theCompanies Act. The Agreement will be renewed should the aforementioned individuals be re-elected at this Meeting. In theevent Mr. Mitsuaki Nishiyama is elected as a director, the Company will newly enter into the same agreement with him.
4. The Company currently has a Directors' and Officers' Liability Insurance Agreement, which is stipulated in Article 430-3,
Paragraph 1 of Companies Act, nominating each of its director candidates other than Mr. Mitsuaki Nishiyama as an insured
person with an insurance company. The content of the Insurance Agreement is stated in “(6) Directors and Executive Officers 3) Contents of Directors’ and Officers’ Liability Insurance Agreement” in the Business Report. Upon the approval of director
election, each director other than Mr. Mitsuaki Nishiyama will continue to be and he will be newly an insured person of theinsurance agreement. The Company plans to renew the agreement with the same terms and conditions during the tenure ofeach director.
5. Mr. Hiroaki Yoshihara served as Non-Executive Director (a similar position to outside director under the Companies Act) at theCompany’s overseas subsidiaries from September 2008 to March 2012.
6. In the event this agenda is approved, the members and the chair of the committees are expected to be as follows:
Nominating Committee:Katsumi Ihara (Chair), Cynthia Carroll, Hiroaki Yoshihara, Toshiaki Higashihara
Audit Committee:Hiroaki Yoshihara (Chair), Katsumi Ihara, Ikuro Sugawara, Helmuth Ludwig, Mitsuaki Nishiyama
Compensation Committee :Takatoshi Yamamoto (Chair), Katsumi Ihara, Joe Harlan, Keiji Kojima
7. The Company has no transactions with Unitus Ventures LLC., where Mr. Ravi Venkatesan is currently serving as VenturePartner, with Southern Methodist University, where Mr. Helmuth Ludwig is currently serving as Professor of Practice and with
Bridgepoint, LLC, where Mr. Helmuth Ludwig is currently serving as Senior Advisor.
8. The Company has no transactions whose volume is more than 1% of the Company's consolidated revenues or each company's
respective consolidated revenues with Siemens AG, where Mr. Helmuth Ludwig had served as Chief Information Officer (retiredin December 2019).
9. Mr. Hiroaki Yoshihara served as Vice Chairman of KPMG International until April 2007. However, the Accounting Auditors of theCompany do not belong to the KPMG Group. In addition, there is no contractual relationship between Mr. Yoshihara and theCompany in relation to accounting and other professional services or consulting services, etc.
10. The positions with * in “Other Principal Positions Held” of each nominee are similar positions in each of the foreign corporations
to outside director under the Companies Act.

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