November 24, 2022
Kuraray Co., Ltd.

Major Organizational Changes(as of January 1, 2023)
Kuraray Co., Ltd. today announces its decision to implement major organizational changes
effective January 1, 2023. Further organizational change measures (at the department level)
effective as of that date will be announced later.

1. Policy
In fiscal 2022, the Kuraray Group launched its five-year medium-term management plan
“PASSION 2026” and has been in implementing specific measures based on this plan. In fiscal
2023, the second year of “PASSION 2026,” we will work to strengthen and further expand
existing businesses as well as to quickly develop and empower new businesses while advancing
efforts under the three challenges of the plan: “Sustainability as an opportunity,” “Innovationsstarting from networking” and “Transformation of people and organization.” With regard to
upcoming organizational changes, to steadily address the various tasks of “PASSION 2026,” weare prioritizing operational structure continuity and maintaining the current organizationalframework while advancing the appointment of potential future executive candidates as
management personnel.

2. Details regarding Organizational Changes
・ To quickly and efficiently promote digital transformation (DX), the Global Digital
Transformation Office will be reorganized as the DX-IT Division, which will integrate theIT Department currently under the Corporate Management Planning Office, in line withefforts to strengthen digital strategy and planning functions.
・ An Electronics Materials Promotion Division will be established to accelerate thecommercialization of products for the electric and electronics field, the development of whichhas previously been handled by the Research and Development Division.

3. Revised Organization Chart
Please refer to the appendix.

Organization Chart (January 1, 2023)
ChairmanPresident
Corporate Auditing DivisionCorporate Management Planning Office
Corporate Sustainability Division
DX-IT Division
Accounting and Finance Division
General Affairs and HR Division
Purchasing and Logistics Division
Innovation Networking Center
Research and Development Division
Kurashiki Research Center
Tsukuba Research Center
IP Management Center
Electronics Materials Promotion Division
Technology Division

Technology Development Center
Environment and Industrial Safety Management Center

Vinyl Acetate Resin Company
Production and Technology Management Division
Poval Resin Division
EVAL Division
Vinyl Acetate Film Company
Production and Technology Management Division
Poval Film Division
MonoSol Division
Advanced Interlayer Solutions Division
Isoprene Company
Production and Technology Management DivisionIsoprene Chemicals Division
Elastomer Division
Genestar Division
Functional Materials Company
Production and Technology Management Division
Methacrylate Division
Medical Division
Environmental Solutions Division
Environmental Business Development and Promotion Division
Fibers and Textiles Company
Production and Technology Management Division
Clarino Division
Fibers and Industrial Materials Division
Consumer Goods and Materials Division
Plants in Japan (Kurashiki, Saijo, Okayama, Niigata, Kashima, Tsurumi）
Overseas Affiliated Companies
Corporate Auditor

Corporate Auditor Staff