April 27, 2023
Name of Company

K A G A E L E C T R O N I C S C O ., LT D .

Representative

Ryoichi Kado,
Representative Director, President & COO(Stock Code: 8154 Tokyo Stock Exchange, Prime Market)
Contact

Yasuhiro Ishihara,
Senior Executive Officer
Head of Administration Headquarters
Tel: +81-(0)3-5657-0111

Notice Regarding Movement of Management Personnel
KAGA ELECTRONICS CO., LTD. (hereafter, the “Company”), hereby announces that thefollowing resolution regarding personnel in the roles of director and auditor was passed at
the board of directors meeting held today. With regard to this reassignment of officers,
formal resolutions will be passed by the 55th Ordinary General Meeting of Shareholders tobe held on June 27, 2023.
1．Movement of directors（１）Directors to retire
Shinsuke Takahashi（Current Director, Senior Managing Executive Officer）

Eiji Kawamura（Current Director, Managing Executive Officer）

Motonori Toshinari（Current Director, Managing Executive Officer）

Mitsuhiro Nohara（Current Director, Managing Executive Officer）

Hirokazu Nishiyama（Current Outside Director）（２）Proposed date of movement: June 27, 2023
※Shinsuke Takahashi and Hirokazu Nishiyama are to be appointed as advisors after theirretirement.
2．Movement of auditors（１）Candidates for appointment as new auditors
Inside Auditor

Eiji Kawamura（Current Director, Managing Executive Officer）

Outside Auditor

Kyoko Oyanagi（Current Representative of Social Insurance andLabor Advisors Corporation Sakura ManagementOffice）（２）Auditors to retire
Kazunori Kameda（Current Inside Auditor）

Takahiro Ishii（Current Inside Auditor）（３）Proposed date of movement: June 27, 2023
※Kazunori Kameda and Takahiro Ishii are to continue in their roles as auditors of theCompany’s consolidated subsidiaries.

-1-<Ref> New list of officers (after the 55th ordinary general meeting of shareholders)
１．Directors and Auditors
Role

Name

Representative Director

Isao Tsukamoto

Representative Director

Ryoichi KadoDirector

Shintaro Kakei

Outside Director

Susumu Miyoshi

Outside Director

Akira Tamura

Outside Director

Noritomo Hashimoto

Inside Auditor

Eiji Kawamura

Outside Auditor

Susumu Kitsunai

Outside Auditor

Yoichi Sato

Outside Auditor

Kyoko Oyanagi

２．Executive Officers
Role

Name

Founder & CEO

Isao Tsukamoto

President & COO

Ryoichi Kado

Senior Managing Executive Officer

Shintaro Kakei

Managing Executive Officer

Motonori Toshinari

Managing Executive Officer

Mitsuhiro Nohara

Senior Executive Officer

Mitsuhito Ikeda

President of EXCEL Co., Ltd.
Senior Executive Officer
Representative Director, President of KAGA FEI

Takeshi TsukamotoCo., Ltd.
Senior Executive Officer

Takao Okabe

Division Director of EMS Business Division
Senior Executive Officer

Yasuhiro Ishihara

Head of Administration Headquarters
Executive Officer
Representative Director, President of KAGA SPORTS

Shoji Seki

CO., LTD.
Executive Officer

Hiroki Suzuki

President of DIGITAL MEDIA LAB., INC.

-2-RoleName

Executive OfficerDirector, Managing Executive Director of KAGA FEI

Hiroaki MaruyamaCo., Ltd.
Executive Officer
Division Director of Communication Network Sales

Kazuhira Watanabe

Division
Executive Officer

Hironaga Nagasaka

General Manager of Sales Strategy Office
Executive Officer
Senior Managing Director of KAGA SPORTS CO., LTD.

Takahiro Urazawa

Executive Officer
Representative Director, President of KAGA DEVICES

Katsutoshi SuzukiCO., LTD.
Executive Officer
Representative Director, President of KAGA MICRO

Satoshi Eguchi

SOLUTION CO., LTD.
Executive Officer
Representative Director, Presidentof KAGA

Mitsuhiro Kumabe

SOLUTION NETWORK Co., Ltd.
Executive Officer
General Manager of Corporate Strategy Office

Hitoshi Koujitani

Executive Officer
Managing Director of KAGA SOLUTION NETWORKKenji ShimazakiCo., Ltd.
Executive Officer

Zhen Zhou Zhu

China Supervisor-3-