(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 Japanese original, the original shall prevail.

June 21, 2019
Company name: Tokuyama Corporation
Representative: Hiroshi Yokota,President and Representative Director(Code No. 4043, First Section TSE)
Contact: Taro Kobayashi, General Manager
Corporate Communications & Investor Relations Dept.
TEL: +81-3-5207-2552

Notice concerning Change of Part of Special Committee Members under Policy regarding
Large-scale Purchases of Tokuyama Corporation's Company Shares (Anti-Takeover Measures)

Tokuyama Corporation (hereinafter referred to as the “Company,” “Tokuyama” or “we”) announces thatregarding members of the Special Committee established under the provisions of “Policy regarding
Large-scale Purchases of Tokuyama Corporation's Company Shares (Anti-Takeover Measures)” (hereinafterthe “Policy”), of which renewal was approved at the Company’s 154th general meeting of shareholders heldon June 22, 2018, one of the members, Mr.Yoshikazu Tsuda, retired from the external director at theCompany’s 155th general meeting of shareholders held today and also retired from the Special Committee onthe same date.
Along with this, the Board of Directors of the Company, at the board meeting held today, made a resolution
to appoint a new member of the Special Committee.
1.

Newly appointed member
Name:
Yuzo KawamoriCareer Summary:
April 1971
October 2000
June 2002
June 2005

June 2007

Joined Kansai Paint Co., Ltd.
Deputy General Manager, Sales Dept., International Business Div.
Director, General Manager, International Business Div.
Managing Director, Supervision of Sales, Painting Business Dept. (automotive
painting and industrial painting),
General Manager, Sales Planning Administration Div.,
General Manager, International Business Div.
Senior Managing Director, Supervision of Sales, Painting Business Dept.
(automotive painting and industrial painting)1General Manager, Sales Planning Administration Div.
General Manager, International Business Div.
April 2010
Representative Director and President
April 2013
Representative Director
June 2013
AdvisorJune 2017
Honorary Councilor (To present)
June 2019
Director, Audit & Supervisory Committee Member of Tokuyama (To present)
Mr. Yuzo Kawamori is external Director as set forth in Item 15 of Article 2 of the Companies Act. The
Company has notified Tokyo Stock Exchange, Inc., that he is an independent director in accordance with its
regulations. He has no special interest in or with the Company.
2.

Reason for change

One of the members of the Special Committee, Mr.Yoshikazu Tsuda retired from the external director at theCompany’s 155th general meeting of shareholders held today and also retired from the Special Committee on
the same date. As a result, the number of the Special Committee members becomes two, which is notcomplied with the Policy which stipulates that the Special Committee shall comprise at least three members.
To fill the vacancy, Mr. Yuzo Kawamori, who is the independent external director of the Company, has been
appointed at the new member of the Special Committee.
3. Date of appointment ： June 21, 2019
Following the appointment, Special Committee consists of three members which include Mr. Yuzo
Kawamori, Mr. Jumya Sato, who is attorney at law, and Mr. Shin Kato, who is director and Audit &Supervisory Committee member of the Company.

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