May 14, 2019

For Immediate Release
Ryosan Company, Limited
Representative: Hiroyuki Kurihara
Representative Director, President
Listing Code No.: 8140
Listing: First Section, Tokyo Stock Exchange
Inquiries: Norihiko Takahashi
General Manager
Corporate Strategy Office
TEL: +81-3-3862-3816

Notice Concerning Change of Representative Director,Directors and Executive Officers
Ryosan Company, Limited ("the Company") hereby announces its decision, at the meeting of the Board ofDirectors held today, to change its Representative Director, Directors and Executive Officers as described below
as of June 25, 2019.

1.

Change of Representative DirectorRetiring Director
NameNaoto Mimatsu

2.

New position

Current position
Representative Director,
Executive Chairman

Counselor

Change of Directors(1) Candidates for Newly-Appointed Directors (excluding Directors who are an Audit and Supervisory
Committee Member)Name

New position

Current position

Iwao Sakamoto

Director, Senior Executive Officer,
In charge of Profitability Enhancement

Director,
Full-time Audit and Supervisory
Committee Member

Kazuhiko Inaba

Director, Senior Executive Officer,
General Manager, Electronic Components
Business Headquarters

Executive Officer,
General Manager, Electronic Components
Business Headquarters* Iwao Sakamoto (Director, Full-time Audit and Supervisory Committee Member) is scheduled to resign fromhis current position at the conclusion of the 63rd Ordinary General Shareholders’ Meeting to be held on June25, 2019.

1(2) Retiring Director

3.

Name

New position

Current position

Kazunori Sato

Senior Executive Officer,
President and Representative Director ofSAXIS Company, Limited

Director, Senior Executive Officer,President and Representative Director ofSAXIS Company, Limited

Change of Executive Officers(1) Change in Duties
Name

New position

Current position

Kazuhiro Saito

Executive Officer,General Manager, East Japan Marketingand Sales Headquarters(2) Retiring Executive Officer
NameKoji Homma

Current position
Senior Executive Officer,
General Manager, 1st East Japan
Marketing and Sales Headquarters

2Executive Officer,
General Manager, 2nd East Japan
Marketing and Sales HeadquartersReference: New System (as of June 25, 2019)(1) Board of Directors
Representative Director

Hiroyuki Kurihara

Director

Iwao Sakamoto

Director

Masahide Nishiura

Director

Kazuhiko Inaba

Director,
Full-time Audit and Supervisory Committee Member

Shinya Nambu

Outside Director,
Audit and Supervisory Committee Member

Fumiaki Sato

Outside Director,
Audit and Supervisory Committee Member

Hideki Kuwahata

Outside Director,
Audit and Supervisory Committee Member

Mahito Ogawa

Outside Director,
Audit and Supervisory Committee Member

Hirokazu Tamura(2) Executive Officers
President(Concurrent position held)
General Manager, Corporate Planning Headquarters
Senior Executive Officer,
In charge of Profitability Enhancement

Hiroyuki Kurihara
Iwao Sakamoto

Senior Executive Officer,
General Manager, Finance and Accounting Headquarters

Masahide Nishiura

Senior Executive Officer,
General Manager, Electronic Components Business Headquarters

Kazuhiko Inaba

Senior Executive Officer,
President and Representative Director of SAXIS Company, Limited

Kazunori Sato

Senior Executive Officer,
General Manager, 2nd Semiconductor Business Headquarters

Hiroshi Shibuya

Senior Executive Officer,
General Manager, Electronic Equipment Business Headquarters

Yasuo Yoshiizumi

Executive Officer,
General Manager, Administrative Headquarters

Hiroshi Kobayashi

Executive Officer,
General Manager, Sales Administration Headquarters(Concurrent position held)
In charge of Automotive Solution Marketing Department,
In charge of Korea, Americas, and Europe regions

Hiroyuki Igari

Executive Officer,
General Manager, Solution Business Headquarters

Satoshi Mizusawa

Executive Officer,
General Manager, Engineering Headquarters

Kenji Ishimura

3

Executive Officer,
General Manager, 1st Semiconductor Business Headquarters

Ryuji Iwadate

Executive Officer,
General Manager, East Japan Marketing and Sales Headquarters

Kazuhiro Saito

Executive Officer,
General Manager, Central Japan/Tokai Marketing and Sales Headquarters

Shunya Endo

Executive Officer,
General Manager, West Japan Marketing and Sales Headquarters

Hirofumi Kitora

Executive Officer,
General Manager, Greater China Marketing and Sales Headquarters

Tatsumi Nakahigashi

Executive Officer,
General Manager, ASEAN Marketing and Sales Headquarters

Yasuhiko Kirihata

4