News Release
Restar Holdings Corporation
Note: This document has been translated from a part of the Japanese original for reference purposes only. In theevent of any discrepancy between this translated document and the Japanese original, the original shall prevail.

May 11, 2022
Restar Holdings Corporation

Notice of Transition to New Management Structure
Restar Holdings Corporation ("the Company") hereby announces that the meeting of the Board ofDirectors held today decided that the Company will transition to the following new management
structure. The transition will be officially decided after the 3rd Ordinary General Meeting ofShareholders (13th fiscal year) and the meeting of the Board of Directors scheduled for June 21,2022.
Description
1. Background to Transition
Rooted in the management philosophy of "we help society evolve by leveraging information andtechnology to create and deliver new value and services," the Company is aiming to become "theElectronics Value Platformer" that can respond to various needs of customers. We believe that inorder for a company to keep growing and developing, it is important to possess broad knowledge
and experience in management, have multifaceted viewpoints, share the long-term vision beyond
this generation and continuously solve problems. Based on this, the Company has transitioned tothe "Innovative-Collective Management" structure effective April 1, 2020.
The Company aims to strengthen and transform businesses in existing areas and achievesustainable growth in the future. To this end, it considers the establishment of a vision and strategy
from a medium- to long-term perspective and the rapid response and business transformation inresponse to environmental changes to be important management themes. The Company has alsodecided to deepen "Innovative-Collective Management" with the aim of further strengthening
corporate governance.
Specifically, the supervisory function and the executive function will be separated, and the Boardof Directors will be composed of outside directors, including four independent directors, and audit
and supervisory committee members, while the number of directors will be significantly reduced.
In addition, the Company will newly establish the Board of Corporate Officers consisting ofCorporate officers representing each business and delegate a great deal of authority to them. Thiswill strengthen the supervisory function of the Board of Directors and accelerate decision-making.
In addition, the Board of Corporate Officers will make management decisions on businessexecution more speedily to deepen business operations.

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2. New Management Structure -- Key Personnel(1) New Board of Directors (scheduled for June 21, 2022) (Underlined parts are new positions)Name

New position

Current position

Kunihiro Konno

Representative Director, CEO

Representative Director, CEO

Tadahito Takahashi

Representative Director

Representative Director

Tomoharu Asaka

Representative Director

Director (Full-time Audit andSupervisory Committee Member)

Tatsuichi Naruse

Director (Full-time Audit andSupervisory Committee Member)

Director (Full-time Audit andSupervisory Committee Member)

Rintaro Miyoshi

Director (Full-time Audit andSupervisory Committee Member)

Representative Director

Seno Tezuka

Director (Audit and Supervisory
Committee Member, Outside)

Director (Audit and Supervisory
Committee Member, Outside)

Kiyoshi Togawa

Director (Audit and Supervisory
Committee Member, Outside)

Director (Audit and Supervisory
Committee Member, Outside)

Reiko Date

Director (Audit and Supervisory
Committee Member, Outside)

Director (Audit and Supervisory
Committee Member, Outside)

Miki Suzuki

Director (Audit and Supervisory
Committee Member, Outside)

Director (Audit and Supervisory
Committee Member, Outside)Mr. Takechiyo Tanaka and Ms. Haruka Matsuyama will retire from their positions at the conclusionof the 3rd Ordinary General Meeting of Shareholders due to the expiration of their terms of office.
The order of representative directors is based on the order of date of birth.

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News Release(2) New Executive Officer Structure (scheduled for June 21, 2022)(Underlined parts are new positions and responsibility)
Name

New position

Responsibility

Current position

Hideya Yamaguchi

Deputy Chief
Executive Officer

Devices, procurement, and systemequipment

Representative
Director

Jun OzakiSenior Corporate
Executive Officer

Electronic equipment

Representative
Director

Junichi Kaji

Senior Corporate
Executive Officer

Renewable energy and vegetablefactories

Representative
Director

Hiroaki Konno

Senior Corporate
Executive Officer

EnergySenior Corporate
Executive Officer

Baek Young-Hyun

Corporate Executive
Officer

EMS

Corporate
Executive Officer

Yoshiaki Ooki

Corporate Executive
Officer Management GroupPR CSR IR, legal and compliance,
administration, personnel affairs,internal controls, information
systems, and DX promotion
 IT/DX Promotion-PJCorporate
Executive Officer

Susumu Nishima

Corporate ExecutiveOfficer

 Planning and Finance GroupAccounting, FP&A, finance, strategic
investment, and corporate planning IT/DX Promotion-PJ

Corporate
Executive Officer

Mitsuya Matsuura

Corporate Officer

Human Resources

Corporate Officer

Naoteru Takashima

Corporate Officer

PR CSR IR, legal & compliance, andadministration

Corporate Officer

Hirofumi Kitao

Corporate Officer

Accounting, FP&A

Corporate Officer

The order of people in the same position is based on the date of birth.

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News Release(Attachment) Governance Structure Chart
General Meeting of Shareholders
Dismissal andappointment

Presentation andreport

Collaboration

Audit

Board of Directors

Group Nomination andRemuneration
CommitteeAudit and Supervisory
Committee

Three Directors (Directors who are not Audit and Supervisory Committee Members)
and six Directors who are Audit and Supervisory Committee Members

Audits andsupervision

Presentation andreport

Presentation

Appointment anddismissal

Inquiry

Delegation ofauthority

Auditing andsupervisory
functions

ReportAccounting auditor
Appointment anddismissal

ReportInstruction

Audit and Supervisory
Committee Secretariat

ReportConsultation

Board of Executive Officers

Corporate Strategy Meeting

Report• Personnel Board of Directors• Investment/Finance Committee,etc.

Presentation and report

Execution

ReportReportInstruction and supervision

Resolution and deliberationExecutive function

Presentation andreport

GovernanceInternal Audit Office• Group Internal Control
Committee• Compliance Committee, etc.

Presentation andreport

Audit

ReportCorporate departments/operating companies[Company Profile]■ Restar Holdings Corporation
Location: 3-6-5 Higashi-Shinagawa, Shinagawa-ku, Tokyo; Representative Director, CEO: Kunihiro Konno;
Capital: 4,383 million yen
Group Overview: Aiming to become "the Electronics Value Platformer" that solves problems around theworld, based on the management philosophy of "we help society evolve by leveraging information andtechnology to create and deliver new value and services." Promoting diverse types of businessdevelopment, technological domain expansion, and sustainable scale expansion through synergies among
businesses, active co-creation with external partners, capital and business alliances, etc.
URL:https://www.restargp.com/[Contact Information]
PR・CSR Department /IR Office, Restar Holdings;
Phone: 03-3458-4618; E-mail: pr-hd@restargp.com

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