May 15, 2024
Company Name: Nippon Paper Industries Co., Ltd.
Representative: Toru Nozawa, President

Notice of Changes in Directors and Others
Nippon Paper Industries Co., Ltd. (the Company) is pleased to announce that it has
preliminarily decided on the following changes in Directors and others today.
The changes will be formally approved at the 100th Ordinary General Meeting ofShareholders scheduled on Thursday, June 27, 2024, and at a meeting of the Board ofDirectors held after the close of the General Meeting.

Details are as follows
1. Changes in Representative DirectorsNone

2. Changes in Directors (as of June 27, 2024)
New position
Director
Managing Executive Officer andGeneral Manager, Financial Division

NameTomoyasuItakura

3. Newly Appointed Directors
None

4. Retiring Director
None

1Current position
Director
Executive Officer and General
Manager, Financial Division

5. Changes in Executive Officers (effective June 27, 2024)(1) Details of Change of Managing Officers
New position
Managing Executive Officer andGeneral Manager, Yatsushiro MillManaging Executive Officer, General
Manager,
CorporatePlanning
Division and in charge of Subsidiaries
and Affiliated Companies

NameYoshisada
YamabeAkiraSebe

Current position
Executive Officer and General
Manager, Fuji Mill
ExecutiveOfficer,General
Manager, Corporate Planning
Division and in charge ofSubsidiaries
andAffiliatedCompanies,
andOverseas
Business Division(2) Newly Appointed Executive Officers
New position
Executive Officer andGeneral Manager, Sustainability
Transformation Division

Executive Officer and General
Manager, Paper-Pak Sales Division
Executive Officer
Manager, Fuji MillandGeneral

Executive Officer and General
Manager,
General Affairs&Personnel Division

Name
Keiko
Watanabe

Kazuhiro
ItoTakashi
Fujihara
Koichiro
Takahashi

Current position
DeputyGeneralManager,
Technical & Engineering DivisionandGeneral
Manager,
Environmental Department
Deputy General Manager, PaperPak Sales Division
General Manager, Yatsushiro Mill

General Manager, General Affairs &Personnel Division(3) Retiring Executive Officers
New position
Retirement

NameYasuhito
Obayashi

2Current position
Senior Managing Executive Officerand General Manager, Paper-Pak
Sales Division(4) Relevant Personnel Changes in Executive Officers and Changes in General Managers atHeadquarters and Mills
New position
NANKO UNYU CO., LTD.
President and Representative
Director (June 21)
Ohta Paper Co., Ltd.
President and Representative
Director (As of June 14)
Kyouei Seitai K.K.
President and Representative
Director (As of June 20)
General Manager, Ashikaga Mill

NameMitsuo
UenoKenichi
NumataYoshitsugu
Honda
Kimitaka
KamedaCurrent position
General Manager, CSR Division

General Manager, the OverseasBusiness Division
General Manager, Ashikaga Mill

Deputy General Manager, Fuji Milland General Manager, Safety &Environmental Control Department
at Fuji Mill6. Organizational Changes (Effective June 27, 2024)(1) The CSR Division will be abolished and the SX (=Sustainability Transformation)
Division will be established.
(2) The Planning Division and the Overseas Business Division will be integrated as theCorporate Planning Division

Appendix 1 ：List of Directors and Corporate Auditors of Nippon Paper Industries Co., Ltd.
(As of June 27, 2024)

Appendix 2 ：List of Executive Officers of Nippon Paper Industries Co., Ltd.
(As of June 27, 2024)

3

Appendix 1
List of Directors and Corporate Auditors of Nippon Paper I ndustries Co., Ltd.
(As of June 27, 2024 Underlined: Changes ）Position
Chairman and Director
Fumio Manoshiro

Name

President and Representative Director

Toru Nozawa

Executive Vice President and Representative
Director
Director

Masanobu Iizuka

Director

Mitsuhiro Sugino

Director

Tomoyasu Itakura

Director

Makoto Fujioka *Outside Director

Director

Yoko Hatta *Outside DirectorDirectorYutaka Kunigo *Outside Director

Senior Audit & Supervisory Board Member

Kazunari Tatsu

Audit & Supervisory Board Member

Tomoyoshi Nishimoto

Audit & Supervisory Board Member

Takafumi Okuda *External Audit & Supervisory
Board Member
Nanako Aono *External Audit & Supervisory
Board Member

Atsumi Yasunaga

Audit & Supervisory Board Member

4Appendix 2
List of Executive Officers of Nippon Paper Industries Co., Ltd.
(As of June 27, 2024 Underlined: Changes ）Position

Name

In charge ofPresident and Chief Executive Officer

Toru Nozawa

Executive Vice President

Masanobu Iizuka

Assistant to President;
In charge of Duplex Board & Packaging
Paper Sales Division;(concurrent) President, Nippon Tokai
Industrial Paper Supply Co., Ltd.

Managing Executive Officer

Shinichiro Nakamura

General Manager, Iwakuni MillManaging Executive Officer

Mitsuhiro Sugino

General Manager, Biomass Material
Business Division

Managing Executive Officer

Takashi Ochi

Managing Executive Officer

Yasuhito Murakami

Managing Executive Officer

Kazuto Shimada

Managing Executive Officer

Kazunori Itaya

General Manager, Research &Development Division
General Manager, Technical &Engineering Division
General Manager, Graphic Paper Sales
Division
General Manager, Chemical Sales
DivisionManaging Executive Officer

Tomoyasu Itakura

General Manager, Financial Division

Managing Executive Officer

Yoshisada Yamabe

General Manager, Yatsushiro MillManaging Executive Officer

Akira Sebe

General Manager, Corporate Planning
Division, in charge of Subsidiaries andAffiliated Companies

Executive Officer

Tomomi Nojiri

General Manager, Sales Planning
Division

Executive Officer

Tetsuaki Taniguchi

Executive Officer

Daishiro Takigawa

Executive Officer

Hideki Sugimura

Executive Officer

Naohiro Ishioka

General Manager, News Printing Sales
Division
General Manager, Duplex Board &Packaging Paper Sales Division
Director, Nippon Tokai Industrial Paper
Supply Co., Ltd.
General Manager, Iwanuma Mill

Executive Officer

Kazuyasu Yamamoto

General Manager, Ishinomaki Mill

Executive Officer

Koichi Sato

General Manager, Raw Materials &Purchasing Division

Executive Officer

Hiroyuki Nakagawa

Director, Shin Tokai Paper Co., Ltd.

Executive Officer

Yoshinori Matsubara

Executive Officer

Hiroya Kakehashi

General Manager, Energy Business
Division
General Manager, Akita Mill

Executive Officer

Keiko Watanabe

5

General Manager of Sustainability
Transformation DivisionExecutive Officer

Kazuhiro Ito

Executive Officer

Takashi Fujihara

Executive Officer

Koichiro Takahashi

6General Manager, Paper-Pak Sales
Division
General Manager, Fuji Mill
General Manager, General Affairs &Personnel Division