June 19, 2024
For immediate release
Kyudenko Corporation

Notice of Establishment of a New Organizational Entity
Kyudenko is pleased to announce the establishment of the Asset Management Department, effective July
1, 2024.

1． Purpose
As efforts to realize carbon neutrality by 2050 accelerate, Kyudenko has made investments in its
renewable energy business and energy service business in an effort to help achieve a decarbonizedsociety.
Currently, we’re involved in more than 100 projects, and we consider the operation and management ofeach to be an important management priority. To that end, we will establish an Asset Management
Department to facilitate the efficient operation and management of our businesses so that they cancontinue to grow, and we will work to strengthen our organizational capabilities so that we can help
realize a decarbonized society.

2． Principal areas of responsibility(1) Planning of the long-term version for our Green Innovation business, particularly as it relates topost-FIT strategies(2) Business operation and management of solar, wind, and other energy-producing equipment that
Kyudenko owns or invests in(3) Maintenance of solar, wind, and other energy-producing equipment

3． Organizational structure
We will establish an Asset Management Department, with an Asset Management Section and an O&M
Section, as part of the Green Innovation Business Unit.

4． Reference materials
Organizational chart (as of July 1, 2024)

Note: This document has been translated from the Japanese original for reference purposes
only. In the event of any discrepancy between this translated document and the Japaneseoriginal, the original shall prevail.

Organizational chart (as of July 1, 2024)
Red text:
Newly establishedorganizational entity

Secretarial OfficeAdministration Department
Corporate Strategy Planning Department

Sustainability Management Promotion Office
DX Promotion Department
Cybersecurity Office
Safety Management Department
Human Resources and Labor Affairs Department
Kyudenko Academy
Diversity Promotion Office

Fukuoka Branch Office
Kitakyushu Branch Office

ChairmanPresident

Miyazaki Branch Office
Kagoshima Branch Office
Kumamoto Branch OfficeElectricPowerDivision

Workstyle Reform Promotion Office

Nagasaki Branch Office
Saga Branch Office

Power Distribution Department

Kansai Branch Office
Okinawa Branch Office

Sales Department

Sales Division

Management ConferenceDevelopment Sales Department

Ukujima BusinessDevelopment RegionalOfficeBusiness Development Department
Telecommunications Department
Technology Planning Department
Electric Technology Department

Technology Division

HVAC and Plumbing Engineering Department
Electrical Design Department
HVAC and Plumbing Design Department
Technology Management Department
Technology Development Department

Tokyo Head OfficeInternational Business Department

Green Innovation
Business Division

Board of Directors

Financial Affairs Department

Audit and Supervisory
Committee Office

Audit and Supervisory
Committee

General Meeting ofShareholders

Oita Branch Office
General Affairs Department

Asset Management Department
Infrastructure Business Department
Green Energy BusinessDepartment
Tokyo Branch Office
Yokohama Branch Office