This document is an English translation of a news release on December 20, 2018, made initially in Japanese.
The Japanese original should be considered as the primary version.

Company:

Itochu Enex Co., Ltd.
Representative: Kenji Okada, Representative Director, President and CEO
Stock code:
8133, Tokyo Stock Exchange, 1st Section
Contact:
Hiroyuki Kunisada
Manager, Corporate Communications Office
Tel:+81-3-6327-8003+81-3-6327-8003
Tel:

Changes in Officers and Reorganization
Itochu Enex Co., Ltd. resolved the following with respect to changes in Representative Director and Officers,and reorganization, at its Board of Directors’ meeting held on December 20, 2018.

1. Changes in Officers<As of January 1, 2019>
Name

Masahiko Takasaka

New Position
Director and Senior Managing Officer

Director and Senior Managing Officer

Assistant to Chief Executive Officer, andChief Operating Officer, Power &Executive Advisory Officer for Mobility

Utility Group, and Executive Advisory

Life Department

Officer for Mobility Life Department

Director and Managing Officer
Kyosuke Wakamatsu

Chief Operating Officer, Home-Life
Division
Executive Officer

Keiichi Matsuzuka

Current Position

Executive Advisory Officer for Deputy
Chief Operating Officer, Power & Utility
Division

Director and Managing OfficerChief Operating Officer, Energy &Logistics Group, and Chief Operating
Officer for Home-Life Division
Executive Officer
Deputy Chief Operating Officer, Power& Utility Group

Itochu Enex Co., Ltd.

2. Reorganization<As of January 1, 2019>(1) Purpose of reorganization
The environment surrounding the energy industry will greatly change hereafter.
Therefore, the organization will be reorganized and Group System will be abolished for the purpose of themaking decision quickly and flexibllity.

(2) Details of reorganization
Abolition of Group System
Group System(Energy & Logistics Group and Power & Utility Group ) will be abolished, and bechanged four Division System(Home-Life Division, Life & Industrial Energy Division, Power & Utility
division, and Corporate Administration Division).

(The new organization chart is shown on the following page.)

Itochu Enex Co., Ltd.

ITOCHU ENEX CO.,LTD. New Organization Chart（January 1 2019～）

Home-Life Division

Security System Department
Planning & Administration
Department
Administration Department

Life & Industrial Energy Division

Hokkaido Branch

Tohoku Branch

Higashi-Nihon Branch

Chubu Branch

Kansai Branch

Chushikoku Branch

Kyushu Branch
General Meetings of Shareholders

Asphalt Department
Audit & Supervisory BoardMarine Fuels Department

Board of Directors

International Supply &Logistics Department

President

Supply Department
Planning & Administration
Department

CFO
CCO

Administration Department

CIO

Mobility Life Department

Power & Utility Division

Power & Heat Buisiness
Development Department
Power Sales Department
Power & Supply Management
Department
Power Project Financial
Department
Planning & Administration
Department
Administration Department

Corporate Administration Division

Finance & General Accounting
Department
Human Resources & General
Affairs Department
IT Planning Department
Legal & Credit Control
Department

Corporate Planning
Department

Audit Department