April 27, 2016
Press release
Company name:
Representative:

Mitsubishi Tanabe Pharma Corporation
Masayuki Mitsuka
President and Representative Director

Code number:Contact:

4508, First Section, Tokyo Stock Exchange
Yoshifumi Mifune, General Manager,
Corporate Communications Department
TEL: +81-6-6205-5211

Change of Representative Director, Director and Corporate Auditor
Osaka, April 27, 2016---Mitsubishi Tanabe Pharma Corporation (President and Representative Director:
Masayuki Mitsuka) announced that, at a meeting of the Board of Directors held today, a decision was reachedregarding the following change of directors including representative director and corporate auditors subject to thefinal approval by the ninth annual general meeting of shareholders scheduled on June 22, 2016, and the meetingof the board of directors and board of corporate auditors held after the general meeting of shareholders.

1. Change of representative directors (June 22, 2016)
1) Change of representative director, promotion of executive officer
New Position

Name

Current Position

Chairman of the Board & Board Director

Michihiro Tsuchiya

Chairman of the Board & Representative Director

Representative Director, Senior Managing
Board Director, Managing Executive Officer
Executive Officer
Division Manager “Sohyaku. Innovative ResearchDivision,” in charge of Tokyo Head Office

Takashi Kobayashi

Division Manager “Sohyaku. Innovative ResearchDivision,” in charge of Tokyo Head Office• New representative director candidate
Name

Takashi Kobayashi

Date of birth

September 28, 1955, 60 years of age

Education

Kyoto University, Faculty of Science, Graduate
Apr. 1980

Entered Tanabe Seiyaku Co., Ltd.

Jan. 2003

General Manager of Secretary’s Office, Administrative Division of the Company

Apr. 2004

General Manager of Pharmaceuticals Sales & Marketing Department of Marketing
Planning Division of the CompanyOct. 2007

Executive Officer, General Manager of Corporate Management Department of theCompany

Work Experience

June 2009

Board Director, Executive Officer, General Manager of Corporate Strategic Planning
Department of the CompanyApr. 2012

Board Director, Managing Executive Officer, in charge of Business Unit of the Company

Apr. 2014

Board Director, Managing Executive Officer, Division Manager of Research Division ofthe Company

Oct. 2015

Board Director, Managing Executive Officer, Division Manager of “Sohyaku. Innovative
Research Division” of the Company

Number of shares owned

18,1002) Reason for the change
For further strengthen management oversight, and expediting the decision-making process.

2. Board of directors and corporate auditors (June 22, 2016)
1) Board of directors• New outside board director candidate
NameShigeki Iwane

Date of birth

May 27, 1953, 62 years of age
Apr. 1976

Entered The Kansai Electric Power Co., Inc.

Apr. 2005

Chief Manager, Fuel Planning Group, Fuel Office, Executive Officer

June 2007

General Manager of Corporate Planning Office

June 2010

Managing Director of the Company

Apr. 2012

Executive Vice President & Director of the Company

June 2013

Director, Executive Vice President of the Company (current)

June 2013

Outside Corporate Auditor of Kinden Corporation (current)

WorkExperience

In regard to the reason for this selection, Shigeki Iwane has abundant experience as a corporate manager andwide-ranging knowledge in corporate governance. The Company determined that he would be able to contribute tocontinued increases in the corporate value of the Group by leveraging this experience and know-how and supervising theCompany’s management as an independent outside director. Accordingly, he was selected as a candidate for outsideboard director.

2) Corporate auditors• New corporate auditor candidate
NameKoji Kudo

Date of birthJanuary 3, 1958, 58 years of ageApr. 1981

Entered Mitsubishi Petrochemical Co., Ltd. (currently, Mitsubishi Chemical Corporation)

Aug. 2006

General Manager of Finance & Accounting Dept. of Japan Polychem Corporation

WorkApr. 2010

General Manager of Finance & Accounting Dept. of Mitsubishi Plastics, Inc.

Experience

Apr. 2012

Associate Director of Finance & Accounting Dept. of Mitsubishi Plastics, Inc.

Apr. 2014

Executive Officer of Finance & Accounting Dept. of Mitsubishi Plastics, Inc.

Apr. 2016

Corporate Advisor of Mitsubishi Tanabe Pharma Corporation (current)

In regard to the reason for this selection, Koji Kudo has abundant experience and knowledge related to finance andaccounting. The Company determined that he would be able to contribute to continued growth for the Group and to theestablishment of the governance system by leveraging this experience and know-how to appropriately execute his duties asa corporate auditor. Accordingly, he was selected as a candidate for corporate auditor.

• New outside corporate auditor candidate
Name

Tadashi Fukuda

Date of birth

March 4, 1953, 63 years of age
Apr. 1986

Registered as attorney-at-law (Osaka Bar Association)
Entered Daiichi Law Office (currently, DAIICHI LAW OFFICE, P.C.)

WorkExperienceJune 2015

Outside corporate auditor of SHINYEI KAISHA (current)

June 2015

Outside corporate auditor of EXEDY Corporation (current)

Mar. 2016

Executive Partner of DAIICHI LAW OFFICE, P.C. (current)

Tadashi Fukuda has abundant experience as an attorney-at-law and extensive knowledge. The Company determined that
he would be able to contribute to continued growth for the Group and to the establishment of the governance system byleveraging this experience and know-how to appropriately execute his duties as an outside corporate auditor. Accordingly, hewas selected as a candidate for outside corporate auditor.

・New substitute outside corporate auditor candidate
Name

Ryo Ichida

Date of birth

April 2, 1952, 64 years of ageOct. 1981

Entered Kyoto office of Tetsuzo Ota & Co. (currently, Ernst & Young ShinNihon LLC)

Mar. 1985

Registered as Certified Public Accountant

July 2002

Representative partner (currently, Senior Partner) of Ernst & Young ShinNihon(currently, Ernst & Young ShinNihon LLC)
Nishi-Nihon Block Managing Partner and Osaka Office Managing Partner of Ernst &Young ShinNihon LLC

WorkExperience

Sep. 2007
July 2013

Ryo Ichida Certified Public Accountant Office (current)

June 2014

External Corporate Auditor of Daicel Corporation (current)

In regard to the reason for this selection, Ryo Ichida has specialized knowledge and experience as a CPA. The Company
determined that he would be able to contribute to continued growth for the Group and to the establishment of thegovernance system by leveraging this experience and know-how to appropriately execute his duties as an outside
corporate auditor. Accordingly, he was selected as a candidate for substitute outside corporate auditor.

・Corporate Auditors that plan to resign
Koichi Fujisawa (currently, Corporate Auditor)
Hidetaka Tomita (currently, Outside Corporate Auditor)

End