PRESSRELEASE
Announcement of Organizational Structure Change andPersonnel Changes, including a Reshuffling of Executives
Hyogo, Japan - January 27, 2023 - Toyo Tire Corporation (President & CEO: Takashi Shimizu)
announces the following organizational structure change and personnel changes, including areshuffling of executives.

1. Organizational Structure Change
The following change of the organizational structure will take effect on April 1, 2023.
(Reorganization of departments / consolidation of functions)- In order for the Seismic Rubber Task Force Headquarters to facilitate timely fulfillment ofrepair work, customer relations, and follow-ups on properties after such work has been
completed, functions and organizations under it will be consolidated into the Recall
Department and the Customer Relations Department.

2. Reshuffling of executives
Effective March 29, 2023, the following changes of Directors, Audit & Supervisory Board Members,
Corporate Officers, and Advisors will be made.
I. Director
1) Director to be Appointed
Name
Current Position
Member of Administrative Council,
Nagaoka University of Technology
Outside Director,
Fuji Pharma Co., Ltd.
Outside Director,Yukiko
NAKANISHI INC.
Araki
Board of Councilor,The Japanese Society for Wellbeing
Science and Assistive Technology

New Position
Member of Administrative Council,
Nagaoka University of Technology
Outside Director,
Fuji Pharma Co., Ltd.
Outside Director,
NAKANISHI INC.
Board of Councilor,
The Japanese Society for Wellbeing
Science and Assistive Technology
Outside Director,
Toyo Tire Corporation* The above appointment of a new Director will be presented at the 107th annual general meeting ofshareholders as a proposal on the election of Directors.

2) Director to Retire
Name
Current Position
Director, Corporate Officer
YojiPresident,
Imura
Toyo Tire Serbia LLC
Director, Corporate Officer
Vice President,
Corporate Headquarters
Division General Manager,Takehiko
Capital & Business Alliance
Sasamori
Co-ordination Division
Chief Risk Management Officer
Compliance Supervisor
Chief Compliance officer

New Position
Corporate Officer
President,
Toyo Tire Serbia LLC

Retirement

II. Audit & Supervisory Board Members
1) Audit & Supervisory Board Member to be Appointed
Name
Current Position
Mitsunobu
Kohno

Accounting Dept.
Corporate Administration DivisionCorporate Headquarters

Yasuhiro
Kitao―New Position
Audit & Supervisory Board Member(full-time)

Audit & Supervisory Board Member(outside auditor)* The above appointments of new Audit & Supervisory Board Members will be presented at the 107th
annual general meeting of shareholders as a proposal on the election of Audit & Supervisory BoardMembers.
2) Audit & Supervisory Board Member to Retire
Name
Current Position
Masao
Audit & Supervisory Board Member
Yano(full-time, outside auditor)

III. Corporate Officers
1) Appointment of Senior Corporate Officer
Name
Current Position
IoriSuzuki

Corporate Officer
President & CEO,Toyo Tire Holdings of Americas Inc.

New Position
Retirement

New Position
Senior Corporate Officer
President & CEO,Toyo Tire Holdings of Americas Inc.

2) Appointment of Corporate Officers and changes in their business duties
Name
Current Position
New Position
Corporate Officer
Vice President,
Division General Manager,
HiroshiCorporate Headquarters
Corporate Administration Division,
Nobuzawa
Division General Manager,
Corporate Headquarters
Capital & Business Alliance
Co-ordination Division

Name

Current Position

New Position
Chief Risk Management Officer
Compliance Supervisor

IchiroShima

Division General Manager,
Central Research Center
Division General Manager,
Production Engineering Division,
R&D Headquarters

Corporate Officer
Division General Manager,
Central Research Center
Division General Manager,
Production Engineering Division,
R&D Headquarters

JunichiUda

Division General Manager,
Product Planning Division
General Manager,
Global Marketing Dept.,
Business Headquarters

Corporate Officer
Division General Manager,
Product Planning Division

2) Changes in business duties
Name
Current Position
Yuji
Miyazaki

Corporate Officer
Vice President,
Production Headquarters

IV. Advisor (full-time)1） Advisors to Retire
Name
Current Position
Advisor (full-time)
Assistant to Vice President,
Shinji
Production Headquarters
TanabeChairman & CEO,Toyo Tire North America
Manufacturing, Inc.
Advisor (full-time)
Hidefumi
Deputy Division General Manager,
Uematsu
Seismic Rubber Task Force
Headquarters

New Position
Corporate Officer
Vice President,
Production Headquarters
Chairman & CEO,Toyo Tire North America
Manufacturing, Inc.

New Position

Retirement

Retirement

3． Personnel Changes
The following personnel changes will take effect on March 29, April 1, 2023, respectively.
1) Personnel changes (effective March 29, 2023)
Name
Current Position

New Position

AkifumiKishi

General Manager,
Accounting Dept.
Corporate Administration Division

Division General Manager,
Corporate Administration Division

Taku
FushimiGeneral Manager,
Corporate Administration Dept.
Corporate Administration Division

Deputy Division General Manager,
Corporate Administration Division
General Manager,
Corporate Administration Dept.
Corporate Administration Division

Yuki
Ikehata

Accounting Dept.
Corporate Administration Division

General Manager,
Accounting Dept.
Corporate Administration Division

MakotoYoshikawa

Corporate Administration Dept.
Corporate Administration Division

General Manager,
Global Marketing Dept.
Product Planning Division2) Personnel changes (effective April 1, 2023)
Name
Current Position
General Manager,
Naoki
Administration Dept.
GonsuiSeismic Rubber Task Force
Headquarters
Division General Manager,
Recall Division
Seismic Rubber Task Force
HiroshiHeadquarters
Ohno
Division General Manager,
Automotive Parts Business
Development Division

New Position
General Manager,
Customer Relations Dept.
Seismic Rubber Task Force
Headquarters
General Manager,
Recall Dept.
Seismic Rubber Task Force
Headquarters
Division General Manager,
Automotive Parts Business
Development Division

TakeshiOkamotoHuman Resources Dept.
Corporate Infrastructure Division

General Manager,
Human Resources Dept.
Corporate Infrastructure Division

Takeshi
Nishigami

General Manager,
Materials Development Dept.
Technology Development Division

General Manager,
Quality Assurance Dept. No.1
Quality Assurance Division

MakotoUnoMaterials Development Dept.
Technology Development Division

General Manager,
Materials Development Dept.
Technology Development Division

ShigemiOhsunaGlobal DX Promotion Dept.
DX Promotion Division

General Manager,
Tire Testing Dept.
Technology Development Division

NameCurrent Position

New Position

TeruakiBabaGeneral Manager,
Tire Testing Dept.
Technology Development DivisionGeneral Manager,
Automotive Parts Testing Dept.
Technology Development Division

Yasuhisa
MasudaProduction Technology Dept.
Production Engineering Division

General Manager,
Production Technology Dept.
Production Engineering Division

MasatoKitagawa

General Manager,
Production Technology Dept.
Production Engineering Division

Hirokatsu
Mizukusa

Assistant to Division General Manager,
Production Engineering Division
President,
ORIENT MACHINERY CO., LTD.

Masanori
Ide

O.E. Sales Dept. No.2
Original Equipment Sales Division

General Manager,
O.E. Sales Dept. No.1
Original Equipment Sales Division

MasaomiKono

Vice President,
TOYO TYRE SALES AND
MARKETING MALAYSIA SDN. BHD.

Division General Manager,
Europe, Africa & Middle East Sales
Division
General Manager,
Europe, Africa & Middle East Sales
Dept.,
Europe, Africa & Middle East Sales
Division

Teppei
ShigenoPresident,
Toyo Tyre (UK) Ltd.

General Manager,
Asia & Oceania Sales Dept.
Asia & Oceania Sales Division

Head office
Tokyo office

Assistant to Division General Manager,
Production Engineering Division
President,
ORIENT MACHINERY CO., LTD.
General Manager,
New Production Method Development
Dept.
Technology Development DivisionCorporate Communications Department
Telephone: +81-72-789-9110 Facsimile: +81-72-773-3272
Telephone: +81-3-5780-8158 Facsimile: +81-3-5780-8159