This is αn English trαnslαtion of the releαse issued in Jαpαnese.

June 3, 2024

For Immediate Release
Company name: Suminoe Textile Co., Ltd.
Representative: Teppei Nagata, President(Securities Code: 3501, Prime Market, TSE)
Contact: Hiroaki Usugi, Managing Director,General Manager, Corporate Planning Department(Telephone: +81-6-6251-6803)

Notice regarding Change of Trade Name andPartial Amendments the Articles of Incorporation
Suminoe Textile Co., Ltd. (hereinafter, “the Company”) announces that the Board of Directors meeting held on
June 3, 2024 to make a proposal at the 135th Annual General Meeting of Shareholders on August 29, 2024 to amend tochange the trade name and partially change the Articles of Incorporation of the Company as follows.

Details
Change of trade name(1) Reason for change of trade name
Since its establishment in Sumiyoshi, Osaka in 1883, as a pioneering interior manufacturer, the SUMINOEGROUP has provided customers with a wide range of textile products and expanded its business domain while
responding to the needs of the times. In recent years, based on the Medium- to Long-term Management Targets“SUMINOE GROUP WAY 2022-2024-2027," the Group has been working not only to accelerate the growth of its
domestic business, but also to further globalize its corporate activities through aggressive overseas expansion and productdevelopment that goes beyond textiles.
We have decided to change our trade name in order to promote activities for full-scale overseas expansion, suchas further strengthening our bases in North and Central America, developing business partners in Asian countries, andconsidering entry into regions where we have not yet operated, as well as to improve the profitability andcompetitiveness of each business, including non-textile-related businesses. We will use this trade name change as anopportunity to accelerate our global business expansion and take on the challenge of creating new value for the world.
1.

(2) New trade nameSUMINOE Kabushiki Kaisha (“SUMINOE Co., Ltd.” in English)(3) Scheduled date of change
December 2, 2024
* The above change of trade name is subject to approval of “2. Partial amendments to the Articles ofIncorporation pertaining to change of trade name” below at the 135th Annual General Meeting of Shareholders
to be held on August 29, 2024.
2.

Partial amendments to the Articles of Incorporation pertaining to change of trade name(1) Purpose of amendments to the Articles of Incorporation
The Company will amend Article 1 of the current articles of incorporation in order to change the trade name as
mentioned in “1. Change of trade name” above.
1 / 2This is αn English trαnslαtion of the releαse issued in Jαpαnese.

(2) Details of amendments to the Articles of Incorporation(The underlined portions indicate amendments.)

Current Articles of Incorporation

Proposed Amendments

CHAPTER I. GENERAL PROVISIONSCHAPTER I. GENERAL PROVISIONS

Article 1. (Trade Name)

Article 1. (Trade Name)

The name of the Company shall be Suminoe Orimono

The name of the Company shall be SUMINOE

Kabushiki Kaisha, which shall be written as Suminoe

Kabushiki Kaisha, which shall be written as

Textile Co., Ltd. in English.

SUMINOE Co., Ltd. in English.

(3) Schedule for amendments to the Articles of Incorporation
General meeting of shareholders to resolve the amendment to the Articles of Incorporation
August 29, 2024 (tentative)
Amendment to the Articles of Incorporation to take effectDecember 2, 2024 (tentative)

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