[Translation]
April 26, 2018
To Whom It May Concern:
Company Name:
Representative:

Contact:

WACOAL HOLDINGS CORP.
Yoshikata Tsukamoto,President and Representative Director(Code Number: 3591)(Tokyo Stock Exchange, First Section)
Akira Miyagi,
General Manager of Corporate Planning(Telephone: +81(075) 682-1010)

Announcement of Change of Representative Director and President
We hereby announce that the board of directors of Wacoal Holdings Corp. resolved at a meeting held
today to change the Representative Director and President as follows, effective as of June 28, 2018.
Such decision will become official subject to the reelection of Directors at the 70th Ordinary General
Meeting of Shareholders to be held on June 28, 2018, and the resolution by the meeting of board of directors
to be held thereafter.
Details
1. Reason for Change
To further strengthen our management
2.

Change of Representative Director(1) Details of Change
Name
Yoshikata Tsukamoto
Hironobu Yasuhara

New Title
Representative Director andChairman

Current Title
Representative Directorand President

Date of Appointment
Effective as of June28, 2018

Representative Director andPresident

DirectorPresident

Same as aboveandVice(2) Career Summary of New Representative Director and President
NameCareer Summary(Date of Birth)

March 1975
April 1997
April 2005
June 2006
April 2008

Hironobu
Yasuhara(December 28,1951)

April 2010
April 2011
June 2011
June 2013
June 2016

April 2018
*1:
*2:

Joined Wacoal Corp. (*1)
President of Wacoal China Co., Ltd.
Corporate Officer, Head of Wing-Brand Operations of Wacoal
Corp. (*1)
Director, Managing Corporate Officer, Head of Wing-Brand
Operations of Wacoal Corp. (*2)
Director, Senior Managing Corporate Officer, Head ofWing-Brand Operations of Wacoal Corp. (*2)
Director, Senior Managing Corporate Officer, Head of
Wacoal-Brand Operations of Wacoal Corp. (*2)
Representative Director, President and Corporate Officer ofWacoal Corp. (*2)
Director of Wacoal Holdings Corp. and Representative Director,President and Corporate Officer of Wacoal Corp. (*2)
Senior Director of Wacoal Holdings Corp. and Representative
Director, President and Corporate Officer of Wacoal Corp. (*2)
Director, Vice President of Wacoal Holdings Corp. andRepresentative Director, President and Corporate Officer ofWacoal Corp. (*2) (acting)
Chairman of Wacoal Corp. (*2) (acting)Number of Company
shares held

8,400

Name was changed to Wacoal Holdings Corp. pursuant to the transition to holding company system inOctober 2005
Simultaneously in October 2005, Wacoal Corp. was established through incorporation-type company
split- End -[Translation]<Reference>
Press Announcement
April 26, 2018
WACOAL HOLDINGS CORP.

Hironobu Yasuhara to become
Representative Director and Presidentof WACOAL HOLDINGS CORP.
~ Yoshikata Tsukamoto to become
as Representative Director and Chairman~
We hereby announce that the board of directors of Wacoal Holdings Corp. (Head Office: Minami-ku,
Kyoto-shi, Representative Director and President: Yoshitaka Tsukamoto) resolved at a meeting held today
on April 26, 2018 (Thursday) to appoint Mr. Yoshikata Tsukamoto, the current Representative Director andPresident, as Representative Director and Chairman, and Mr. Hironobu Yasuhara, the current Director andVice President, as Representative Director and President, effective as of June 28, 2018.
Such decision will become official subject to the reelection of Directors at the 70th Ordinary General
Meeting of Shareholders to be held on June 28, 2018, and the resolution by the meeting of board ofdirectors to be held thereafter.

Wacoal Holdings Corp. aims to earn a high level of trust from our customers around the world bymaking the best use of our management resources and group network globally, by always delivering
cutting-edge products and by cultivating new underwear cultural markets, based on our vision to establish astrong global presence for Wacoal Group.

A new medium-term management plan will be implemented in April 2019, and we will commemorate
the 70th anniversary of our establishment in November 2019. As we start our new chapter with our newmanagement, we will continue to make efforts, as a group, to further enhance and develop foundations for
growth and revenue, and at the same time, to earn a high level of trust from our stakeholders as well as ourcustomers around the world.
【Message from our new President, Hironobu Yasuhara】
In this rapidly changing business environment, what is required of Wacoal Group is to accurately
ascertain its social expectations and to work on building a business framework that responds to change inour customers. Not only must it leverage the strengths of our outstanding personnel and technicalcapabilities, it is essential that Wacoal Group evolve into a business enterprise that is capable of accurately
responding to change. It is my desire to lead Wacoal Group to become a company that is expected bysociety to exist for a long time and to achieve sustainable growth.

[Translation]

Career Summary of Hironobu Yasuhara,
The New Representative Director and President of Wacoal Holding Corp.
Date of Birth:
Originally from:
Career Summary:December 28, 1951
OkayamaMarch 1975
Graduated from Doshisha University
March 1975
Joined Wacoal Corp. (*1)
April 1997
President of Wacoal China Co., Ltd.
April 2005
Corporate Officer, Head of Wing-Brand Operations of Wacoal
Corp. (*1)
June 2006
Director, Managing Corporate Officer, Head of Wing-Brand
Operations of Wacoal Corp. (*2)
April 2008
Director, Senior Managing Corporate Officer, Head ofWing-Brand Operations of Wacoal Corp. (*2)
April 2010
Director, Senior Managing Corporate Officer, Head of
Wacoal-Brand Operations of Wacoal Corp. (*2)
April 2011
Representative Director, President and Corporate Officer ofWacoal Corp. (*2)
June 2011
Director of Wacoal Holdings Corp. and Representative Director,
President and Corporate Officer of Wacoal Corp. (*2)
June 2013
Senior Director of Wacoal Holdings Corp. and Representative
Director, President and Corporate Officer of Wacoal Corp. (*2)
June 2016
Director, Vice President of Wacoal Holdings Corp. andRepresentative Director, President and Corporate Officer ofWacoal Corp. (*2) (acting)
April 2018
Chairman of Wacoal Corp. (*2) (acting)*1: Name was changed to Wacoal Holdings Corp. pursuant to the transition toholding company system in October 2005
*2: Simultaneously in October 2005, Wacoal Corp. was established throughincorporation-type company splitMy Principles:“Appreciation”; appreciate and repay to all customers, shareholders, clients,
suppliers surrounding Wacoal

Hobby:

Golfing