February 24, 2023
For immediate release

Kyudenko Corporation

Notice Concerning Changes in Representative Directors
Meeting on February 24, 2023, Kyudenko’s Board of Directors approved the following changes in
its representative directors.
1. Changes
Name

Naofumi Sato

Director

Hideki Takei

Director

Kazuyuki Ishibashi*New position

Executive Officer
Representative President

Current position

Executive Officer
Representative President
Executive Officer
Representative Vice President
Executive Officer
Representative Vice President

Naofumi Sato will resign from his position as Executive Officer Representative President and become anon-representative director. The company anticipates that he will resign his position as Director at the 95thGeneral Shareholders’ Meeting, which is scheduled to be held at the end of June 2023, and subsequently
be appointed to serve as Advisor by the Board.

*Hideki Takei will resign from his position as Executive Officer Representative Vice President and becomea non-representative director. The company anticipates that he will resign his position as Director at the95th General Shareholders’ Meeting, which is scheduled to be held at the end of June 2023, andsubsequently be appointed to serve as Counselor by the Board.

*Kazuyuki Ishibashi will be promoted to serve as Executive Officer Representative President.

(Reference information)*The company anticipates that Matsuji Nishimura, who currently serves as Director and Chairman, will
resign that position at the 95th General Shareholders’ Meeting, which is scheduled to be held at the end ofJune 2023, and subsequently be appointed to serve as Advisor by the Board.

12. Reason for changes
Changes to the company’s executive leadership
3. Abbreviated resume of the new president
Please see attachment.
4. Planned date of changes
April 1, 2023

Note: This document has been translated from the Japanese original for reference purposes only. In theevent of any discrepancy between this translated document and the Japanese original, the original shallprevail.

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Kazuyuki Ishibashi
Date of birth:
Place of birth:
Educational
background:
Employment
history:

March 08, 1959
Saga Prefecture
March 1982

Graduated, Department of Management Engineering, Faculty ofScience and Engineering, Chuo University
April 1982
Joined Kyushu Electric Work Co., Ltd.
(December 1989: Name changed to Kyudenko Corporation.)
July 1994
Deputy Supervisor in Charge of Sales Development, SalesDevelopment Department, Sales Division
July 1997
Deputy Manager, Secretarial Section, President’s Office
July 1999
Supervisor, Secretarial Section
January 2001
Section Manager, Secretarial Group
July 2001
Section Manager, Sales Development Department, SalesDivision
July 2002
General Manager, Sales Department, Saga Branch Office
April 2006
Deputy General Manager, Fukuoka Branch Office
April 2008
General Manager, Human Resources and Labor Department
April 2010
Trustee and General Manager, Kitakyushu Branch Office
May 2012
Executive Officer and General Manager, Kitakyushu BranchOffice
April 2013
Senior Executive Officer (President’s Office, Safety, Human
Resources, and Labor)
June 2013
Director and Senior Executive Officer (President’s Office; Safety,Human Resources, and Labor; General Affairs; and RegionalCoexistence)
April 2014
Director and Senior Executive Officer (Corporate Strategy
Planning Office; Safety, Human Resources, and Labor; GeneralAffairs; and Regional Coexistence)
April 2015
Director and Managing Executive Officer (President’s Office;Safety, Human Resources, and Labor; General Affairs; andRegional Coexistence)
April 2016
Director and Managing Executive Officer (President’s Office;Safety, Human Resources, and Labor; General Affairs; andRegional Coexistence)
April 2017
Director; Senior Managing Executive Officer; and General
Manager, Sales Division (Overall sales)
April 2020
Director and Senior Managing Executive Officer (Overall ales)
June 2020
Director, Vice President and Executive Officer (OverallAdministration and CSR)
April 2021
Director, Vice President and Executive Officer (OverallOperations, Corporate Strategy Planning, and DX Promotion)
June 2022
Representative Director, Vice President, and Executive Officer(Overall Operations, Corporate Strategy Planning, and DX
Promotion)

Number of shares of Company held

324,300 shares

写真Executive Officer Representative President

KazuyukiIshibashi

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