This document is an English translation of a news release on January 31, 2020, made initially in Japanese.
The Japanese original should be considered as the primary version.

Company:

Itochu Enex Co., Ltd.
Representative: Kenji Okada, Representative Director, President and CEO
Stock code:
8133, Tokyo Stock Exchange, 1st Section
Contact:
Hiroyuki Kunisada
Manager, Corporate Communications Office
Tel:+81-3-4233-8003+81-3-6327-8003
Tel:

Changes in Officers and Reorganization
Itochu Enex Co., Ltd. resolved the following with respect to changes in Officers, and reorganization, at its
Board of Directors’ meeting held on January 10, 2020.

1. Changes in Officers<As of March 31, 2020>[Retiring Executive Officer]
Name

Toshiyuki Tsuruoka

New Position

Current Position

President, and Chief Executive Officer,

Executive Officer

ITOCHU ENEX HOME-LIFE

Deputy Chief Operating Officer,

HOKKAIDO CO., LTD.

Industrial Business Division<As of April 1, 2020>[Promotion of Executive Officer]
Name

New Position

Current Position
Director and Managing Officer

Kyosuke Wakamatsu

Director and Senior Managing Officer

Chief Operating Officer, Home-Life

Chief Compliance Officer, andDivision, andAssistant to Chief Executive Officer

Chief Operating Officer, Power &Utility Division[Change in Director]
Name

New Position
Director and Managing Officer
Chief Financial Officer,

Atsushi Katsu

Chief Information Officer,
and Chief Operating Officer, Corporate
Administration Division

Current Position
Director and Managing Officer
Chief Financial Officer,
Chief Compliance Officer,
Chief Information Officer,
and Chief Operating Officer, Corporate
Administration Division

Itochu Enex Co., Ltd.

[New Officers]
Name

Tsukasa Nakamura

New Position
Managing Officer

President, and Chief Executive Officer,

Chief Operating Officer, Home-Life

ITOCHU ENEX HOME-LIFE NISHI-Division

NIHON CO., LTD.

Executive Officer
Hirofumi ChimuraChief Operating Officer, Power & Utility
Division

Minoru Kubota

Assistant to Chief Operating Officer,
Home-Life Division

Executive Officer

General Manager, Administration

Deputy Chief Operating Officer,

Department, Car-Life Division, andCorporate Administration Division, andGeneral Manager, Administration

General Manager, Legal & Credit Control

Department, Industrial Business

Department

Division

Executive Officer
Kimiaki Yonezawa

Current Position

General Manager, Corporate Planning
Department

General Manager, Corporate Planning
Department
Assistant to Chief Operating Officer,

Executive Officer
Deputy Chief Operating Officer,
Power & Utility Division,
Fumiya Tanaka

General Manager, Planning &Administration Department, andPresident, and Chief Executive Officer,
ENEX LIFE SERVICE CO., LTD.

Power & Utility Division,
General Manager, Planning &Administration Department,
General Manager, Power &Supply
Management Department,
General Manager, Power Sales
Department, andPresident, and Chief Executive Officer,
ENEX LIFE SERVICE CO., LTD.

<As of June 17, 2020>[Retiring Director]
NameToshihisa Fuse

New Position

Current Position

Managing Officer

Director and Managing Officer

Chief Operating Officer, Industrial

Chief Operating Officer, Industrial

Business Division

Business Division

Itochu Enex Co., Ltd.

2. Reorganization<As of April 1, 2020>(1) Purpose of reorganization
During the market is constantly changing, we will change the organizational structure within someDepartments in order to rearrange business affinity and efficient business promotion systems, and tofurther promote environmental friendly energy and the mobility business.

(2) Details of reorganization
Reorganization of Departments/Branches[Industrial Business Division]・Industrial Business Division will incorporate the International Supply & Logistics Department that wasunder the Car-Life Division. And the name will be changed to the AdBlue & Demand-Supply Department
together with the AdBlue Business of the Environmental Business Department.
・Mobility Business Department will be newly established. The corporate fleet refueling cards business andthe corporate car-lease business of the Environmental Business Department will be transferred to theMobility Business Department.
・Industrial Material Department and the GTL fuel business of the Environmental Business Department will
be integrated, and will be changed new Environmental Business Department.

(The new organization chart is shown on the following page.)

Itochu Enex Co., Ltd.

ITOCHU ENEX CO.,LTD. New Organization Chart（April 1,2020～）

Home-Life Division

Planning & Administration
Department

Industrial Gas Department

Security System Department

Administration Department

Car-Life Division

Planning & Administration
Department

Hokkaido Branch

Tohoku Branch

Higashi-Nihon Branch

Chubu Branch

Kansai Branch

Chu-Shikoku Branch

Kyushu Branch
General Meetings of Shareholders

Supply Department
Audit & Supervisory Board

Administration Department

Board of Directors

President

Industrial Business Division

Planning & Administration
Department
Asphalt Department

Marine Fuels Department

Environmental Business Department

AdBlue & Demand-Supply
Department

Mobility Business Department

Administration Department

Power & Utility Division

Planning & Administration
Department
Power & Supply Management
Department

Power Sales Department

Power & Financial BusinessDepartment

Administration Department

Corporate Administration Division

Finance & General Accounting
Department

Legal & Credit Control Department

Human Resources & General Affairs
Department

IT Planning Department

Corporate Planning Department

Audit Department

Itochu Enex Co., Ltd.