February 28, 2018

Changes of Directors and Executive Officers
Tokyo - Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it
has decided on the following changes to its Directors and Executive Officers. The changes ofDirectors are subject to approval at the Annual Shareholders’ Meeting to be held on June 26, 2018.

1. Changes of Representative Directors and Executive Officers : April 1, 2018
1) Changes of Representative Directors(Name)(New)
Shizuo Takahashi
Representative Director
Masahiro Tanabe

Director(Present)
Director
Representative Director2) Changes of Executive Officers(1) Promoted Executive Officers(Name)(New)
Shizuo Takahashi
Executive Vice President(Present)
Senior Managing Executive Officer

Executive Officer
Takashi Maruyama

Senior Managing

Managing Executive Officer

Executive Officer
Naotoshi Omoto

Senior Managing

Managing Executive Officer

Executive Officer
Yoshikazu Kawagoe

Senior Managing

Managing Executive Officer

Executive Officer
Kenta Matsuzaka

Managing Executive Officer

Executive Officer

Masato Koike

Managing Executive Officer

Executive Officer(2) Newly appointed Executive Officers(Name)(New)
Tsuneo Watanabe
Executive Officer(Present)
Managing Director ofMOL Chemical Tankers Pte. Ltd.

Atsushi Igaki

Executive Officer

President of Ferry Sunflower
LimitedHiroyuki Nakano

Executive Officer

General Manager ofOffshore Project Division

Hirotoshi Ushioku

Executive Officer

General Manager of
Car Carrier Division

Michael P.Y. Goh

Executive Officer

Chief Executive Officer of1

MOL Consolidation Service Ltd.
(3) Retiring Executive Officers: March 31, 2018
(Name)(New: As of April 1, 2018)
Masahiro Tanabe
Director,(Present)
Representative Director,

Adviser to Utoc Corporation

Executive Vice President
Executive Officer

Akio Mitsuta

Director ofSenior Managing Executive Officer

MOL Chemical Tankers Pte. Ltd.
Toshiya Konishi

Adviser toManaging Executive Officer

MOL Logistics (JAPAN) Co., Ltd.

(To be appointed as Senior Managing Director in June.)
Hikaru Isegawa

Adviser toExecutive Officer

MOL Logistics (JAPAN) Co., Ltd.
(To be appointed as Managing Director in June.)
3) Executive Officers and their Responsibilities on and after April 1, 2018(Title)
Chairman
Executive Officer(Name)
Koichi Muto

(Responsibilities)

President,
Chief Executive Officer

Junichiro Ikeda

Executive Vice President
Executive Officer

Shizuo Takahashi

Assistant to President,
Chief Compliance Officer,
Chief Information Officer,
Deputy Director General,
Technology Innovation Unit,
Responsible for ;Corporate Audit Division,
Secretaries & General Affairs Division,
Corporate Marketing Division,
MOL Information Systems, Ltd.

Senior Managing
Executive Officer

Takeshi Hashimoto

Director General, Energy Transport
Business Unit,
Supervisor for ;Steaming Coal Carrier Division,
LNG Carrier Division,
Responsible for ;Energy Business Strategy Division,
Bunker Business Division,
Offshore Project Division

Senior Managing
Executive Officer

Akihiko Ono

Deputy Director General,
Safety Operations Headquarters,
Deputy Director General, Product Transport
Business Unit,
Responsible for ;Corporate Planning Division,
Liner Business Management Division2Senior Managing
Executive Officer

Takashi Maruyama

Chief Financial Officer,
Responsible for ;Corporate Communication Division (IR),Finance Division,
Accounting Division

Senior Managing
Executive Officer

Naotoshi Omoto

Director General, Product Transport
Business Unit,
Responsible for ;Europe, Africa and the Americas Area,
Car Carrier Division

Senior Managing
Executive Officer

Yoshikazu Kawagoe

Chief Technical Officer, Director General,
Technology Innovation Unit,
Responsible for ;Technical Division,
Smart Shipping Division,
Secondarily Responsible for MOL
Information Systems, Ltd.

Managing
Executive Officer

Koichi Yashima

Responsible for ;Human Resources Division,
New & Clean Energy Business Division,
Kansai Area

Managing
Executive Officer

Mitsujiro Akasaka

Responsible for Asia, the Middle East andOceania Area, Chief Executive
Representative, Asia, Middle East, Oceania,
Managing Director of MOL (Asia Oceania)
Pte. Ltd.

Managing
Executive Officer

Toshiaki Tanaka

Director General, Dry Bulk Business Unit,
Responsible for ;Dry Bulk Business Planning &Co-ordianation Division,
Dry Bulk Carrier Division (B),Dry Bulk Carrier Supervising Division

Managing
Executive Officer

Masanori Kato

Director General, Safety Operations
Headquarters,Responsible for ;Human Resources Division,Marine Safety Division,Secondarily Responsible for Smart Shipping
DivisionManaging
Executive Officer

Kenta Matsuzaka

Deputy Director General, Energy Transport
Business Unit,
Responsible for ;LNG Carrier Division,
LNG Safety Management Division

3Managing
Executive Officer

Masato Koike

Deputy Director General, Energy Transport
Business Unit,
Responsible for ;Tanker Division (A),Tanker Division (B),
Tanker Safety Management Division,
Secondarily Responsible for ;Bunker Business Division

Executive Officer

Masanori Kobayashi

Deputy Director General, Safety Operations
Headquarters,
Responsible for ;Dry Bulk Carrier Supervising Division,
Tanker Safety Management Division,
LNG Safety Management Division,
Secondarily Responsible for ;Marine Safety Division,
Smart Shipping Division

Executive Officer

Yutaka Hinooka

Deputy Director General, Product Transport
Business Unit,
Responsible for Port Projects & Logistics
Business Division

Executive Officer

Kayo Ichikawa

Chief Communication Officer,
Responsible for ;Work Efficiency Improvement,
Diversity Promotion,
Corporate Communication Division,
Secondarily Responsible for ;Corporate Planning Division,
Human Resources Division

Executive Officer

Toshinobu Shinoda

General Manager of Corporate PlanningDivision

Executive Officer

Hirofumi Kuwata

Deputy Director General, Dry Bulk Business
Unit, Deputy Director General, Energy
Transport Business Unit,
Responsible for Steaming Coal Carrier
Division, Secondarily Responsible for Dry
Bulk Carrier Division (B)Executive Officer

Nobuo Shiotsu

Deputy Director General, Dry Bulk Business
Unit,
Responsible for Dry Bulk Carrier Division (A)Executive Officer

Tsuneo Watanabe

Deputy Director General, Energy Transport
Business Unit,
Responsible for Tanker Division (B)(Chemical Tanker Business), Managing
Director of MOL Chemical Tankers Pte. Ltd.

Executive Officer

Atsushi Igaki

Deputy Director General, Product Transport
Business Unit,
Responsible for Ferry Business Division,
President of Ferry Sunflower Limited

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Executive Officer

Hiroyuki Nakano

Secondarily Responsible for Offshore
Project Division

Executive Officer

Hirotoshi Ushioku

General Manager of Car Carrier Division

Executive Officer

Michael P.Y. Goh

Deputy Director General, Product Transport
Business Unit,
Responsible for Port Projects & Logistics
Business Division (NVOCC Business),
Secondarily Responsible for Asia, the Middle
East and Oceania Area, Chief Executive
Officer of MOL Consolidation Service Ltd.

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2. Changes of Directors and Auditors : June 26, 2018
1) Changes of Directors(1) Newly appointed Director(Name)(New)Akihiko Ono
Director,(Present)
Senior Managing Executive Officer

Senior Managing Executive Officer(2) Retiring Director(Name)
Masahiro Tanabe(New)
Representative Director and(Present: As of April 1, 2018)
Director

President of Utoc Corporation
2) Changes of Auditors(1) Reappointed Auditor(Name)(Present)
Hideki Yamashita
Outside Corporate Auditor

3) Directors and Auditors on and after June 26, 2018
Directors
Representative Director, Chairman of the Board

Koichi Muto

Representative Director, President

Junichiro Ikeda

Representative Director

Shizuo Takahashi

DirectorTakeshi Hashimoto

Director

Akihiko OnoDirector

Takashi Maruyama

Outside Director

Masayuki Matsushima

Outside Director

Hideto Fujii

Outside Director

Etsuko Katsu

Audit & Supervisory Board Members
Audit & Supervisory Board Member

Takashi Nakashima

Audit & Supervisory Board Member

Kenji Jitsu

Outside Audit & Supervisory Board Member

Hiroyuki Itami

Outside Audit & Supervisory Board Member

Hideki Yamashita

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