PRESSRELEASE
Announcement of Organizational Structure Changes andPersonnel Changes, including a Reshuffling of Executives
Hyogo, Japan—February 1, 2021—Toyo Tire Corporation (President & CEO: Takashi Shimizu;
hereinafter, "Toyo Tire") announced the following organizational structure changes and personnel
changes, including a reshuffling of executives.
1. Organizational Structure Changes
Effective April 1, 2021, the following organizational structure changes will be made.
1) Establishment and integration of special committees and establishment of a new department
The Sustainability Committee will be established under the Executive Committee in order tostrengthen and promote sustainability management, with the President & CEO of Toyo Tire
assuming the chairpersonship. With this change, the Safety & Environment Committee will beintegrated with this newly established committee.

The ESG Promotion Department will be established under the Corporate Infrastructure
Division of the Corporate Headquarters and serve as the secretariat to the SustainabilityCommittee.

2) Establishment of a new headquarters, division, and department, and a transfer and namechange of a department
The Digital Transformation Headquarters will be established in order to expand the systemfor advancing digital innovation in the upcoming medium-term business plan and further
reinforce the management foundation.

The DX Promotion Division will be established under the Digital Transformation Headquarters,
and the Global DX Promotion Department will be established under it.

The Information Systems Department, operating under the Corporate Administration Divisionof the Corporate Headquarters, will be transferred to the DX Promotion Division and renamed
as the Global Information Systems Department.

3) Transfer of a department
The Process Design Development Department, operating under the Central Research Centerof the R&D Headquarters, will be transferred to the Production Headquarters in order toexpedite the utilization of artificial intelligence (AI) and big data and accelerate digitalizationon the manufacturing floor.

4) Integration of departments


The Europe/Module Development Department, operating under the Technology
Development Division of the R&D Headquarters, will be integrated with the Replacement
Tire Development Department, operating under said headquarters, in order to tap into thedevelopment capabilities fostered in Europe thus far to enhance product performance on a
global level.

2. Reshuffling of Executives and Others
Effective March 30, 2021 and April 1, 2021, the following reshuffling of executives and others will
be made.
I. Directors
1) Candidate for a new Director (effective March 30, 2021)
Name

Current Position

New Position

Director
Corporate Officer
Vice President,
MoriyaR&D Headquarters
This proposed appointment of a new Director will be presented at the 105th annual general meeting
SatoruCorporate Officer
Vice President,
R&D Headquartersof shareholders as an agenda item for the election of Directors.

2) Changes in business duties (effective March 30, 2021)
Name

Current Position

New Position

TatsuoMitsuhata

Director
Corporate Officer
Vice President,
Sales Headquarters
Division General Manager,
Original Equipment Sales Division

Director
Corporate Officer
Vice President,
Sales Headquarters

YojiImuraDirector
Corporate Officer
Vice President,
Production Headquarters

Director
Corporate Officer
Vice President,
Quality Assurance, Environment &Safety Headquarters

3) Retirement and change in business duties (effective March 30, 2021)
Name

Masayuki
Kanai

Current Position
Director
Senior Corporate Officer
Division General Manager,
Digital Innovation Division
Deputy Division General Manager,
Seismic Rubber Task Force
Headquarters

New Position
Senior Corporate Officer
Division General Manager,
Digital Innovation Division
Division General Manager,
Seismic Rubber Task ForceHeadquarters

II. Audit & Supervisory Board Member1) Candidate for a new Audit & Supervisory Board Member (effective March 30, 2021)
Name

Current Position
New Position
Attorney at Law,
Attorney at Law,
Matsuba & Nakamura
Matsuba & Nakamura
Outside Director,
Outside Director,
DAISUI Co., Ltd.
DAISUI Co., Ltd.
Tomoyuki
Chairman,
Chairman,MatsubaSpecified Non-Profit Corporation
Specified Non-Profit Corporation
Consumer Net Kansai
Consumer Net Kansai
Substitute Audit & Supervisory Board
Outside Audit & Supervisory Board
Member,Member,
Toyo Tire
Toyo Tire
This proposed appointment of a new Audit & Supervisory Board Member will be presented at the105th annual general meeting of shareholders as an agenda item for the election of an Audit &Supervisory Board Member.
III. Corporate Officers
1) Appointments of new Corporate Officers and changes in business duties (effective March 30,2021)
Name

Current Position

Yuji
MiyazakiDivision General Manager,
Production Division,
Production Headquarters

Tamotsu
Mizutani

Division General Manager,
Technology Development Division,
R&D Headquarters

New Position
Corporate Officer
Vice President,
Production Headquarters
Division General Manager,
Production DivisionCorporate Officer
Division General Manager,
Technology Development Division,
R&D Headquarters

2) Retirement of Corporate Officers and changes in business duties (effective March 30, 2021)
Name

Shinji
TanabeHidefumi
Uematsu

Current Position
Senior Corporate Officer
Vice President,
Quality Assurance, Environment &Safety Headquarters
Division General Manager,
Environment & Safety DivisionCorporate Officer
Division General Manager,
Seismic Rubber Task Force
Headquarters

New Position
Advisor (full-time)
Assistant to Vice President,
Production Headquarters
Advisor (full-time)
Deputy Division General Manager,
Seismic Rubber Task Force
Headquarters

3) Changes in business duties (effective April 1, 2021)
Name

Current Position(Effective March 30, 2021)
Senior Corporate Officer
Division General Manager,
Masayuki
Digital Innovation Division
Kanai
Division General Manager,
Seismic Rubber Task ForceHeadquarters
Corporate Officer
TetsuoDivision General Manager,
Shimomura Central Research Center,
R&D Headquarters

New Position
Senior Corporate Officer
Vice President,
Digital Transformation Headquarters
Division General Manager,
Seismic Rubber Task Force
Headquarters
Corporate Officer
Division General Manager,
DX Promotion Division,
Digital Transformation Headquarters

IV. Advisor (full-time)1) Retirement (effective March 30, 2021)
Name

MasajiIshinoCurrent Position
Advisor (full-time)
Deputy Division General Manager,
Seismic Rubber Task Force
Headquarters
Division General Manager,
Retirement
Business Restructuring Division,
Corporate Headquarters
President,
Toyo Chemical Industrial Products Co.,Ltd.

3. Personnel Changes
Effective March 30, 2021 and April 1, 2021, respectively, the following personnel changes will bemade as shown in Tables 1) and 2) below.
1） Personnel changes (effective March 30, 2021)
Name

Current Position
Plant General Manager,
Hyogo Manufacturing Complex,
Production Division
Plant General Manager,
Akashi Plant,
Toyo Chemical Industrial Products
Co., Ltd.

New Position
Plant General Manager,
Hyogo Manufacturing Complex,
Production Division
President, concurrently Akashi Plant
General Manager,
Toyo Chemical Industrial Products
Co., Ltd.

Katsuyuki
Teranishi

Business Restructuring Division

Division General Manager,
Business Restructuring DivisionNobuhiro
Kato

General Manager,
Safety & Emergency Management
Dept.,
Environment & Safety Division

Division General Manager,
Environment & Safety Division
General Manager,
Safety & Emergency Management
Dept.,
Environment & Safety Division

MakotoSakamoto

General Manager,
O.E. Sales Dept. No. 2,
Original Equipment Sales Division

Division General Manager,
Original Equipment Sales Division

KojiDenO.E. Sales Dept. No. 1,
Original Equipment Sales DivisionDaisukeTsuji

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

Toshihiko
FurutaGeneral Manager,
O.E. Sales Dept. No. 1,Original Equipment Sales Division
General Manager,
O.E. Sales Dept. No. 2,
Original Equipment Sales Division

2） Personnel changes (effective April 1, 2021)
Name

Former Position

Miho
OkamotoGeneral Affairs Dept.,
Corporate Infrastructure Division

MasatoHiguchi

Logistics Dept.,
SCM Division

Shigeru
Ohno

O.E. Technical Service Dept.,
Technology Development Division(R&D Headquarters)
General Manager,
Process Design Development Dept.,
Central Research Center
General Manager,
Replacement Tire DevelopmentDept.,
Technology Development Division

ShigemiOhsunaIchiroShima

KazukiKawakami

General Manager,
Europe/Module Development Dept.,
Technology Development DivisionCorporate Strategy Division

Shogo
Nakanishi

Corporate Strategy Division
Digital Innovation Division

Yoshihiro
Higashibata

General Manager,
Information Systems Dept.,
Corporate Administration Division

New Position
General Manager,
ESG Promotion Dept.,
Corporate Infrastructure Division
General Manager,
Logistics Dept.,
SCM Division
President,
Toyo Tires Logistics Co., Ltd.
General Manager,
Customer Relations Dept.,
Quality Assurance Division(Production Headquarters)
General Manager,
Process Design Development Dept.
Division General Manager,
Central Research Center
General Manager,
Replacement Tire Development
Dept.,
Technology Development DivisionCorporate Strategy Division
General Manager,
Global DX Promotion Dept.,
DX Promotion DivisionCorporate Strategy Division
General Manager,
Global Information Systems Dept.,
DX Promotion DivisionCorporate Communications Department
Head officeTelephone: +81-72-789-9110 Facsimile: +81-72-789-3272
Tokyo Branch office Telephone: +81-3-5822-6621 Facsimile: +81-3-3865-2240