<<Translation for Reference>>
March 28, 2024
Company Name: Chiyoda Corporation
Chairman of the Board, President & CEO: Masakazu Sakakida
Stock Code: 6366
Stock Listing: Standard Market of the Tokyo Stock Exchange
Inquiries: Satomi Fukuda, Manager, Corporate Services Dept.
Telephone: +81-45-225-7777

Notice Regarding Change in Representative Directors and Directors
Chiyoda Corporation ("Chiyoda") today announced the following changes in its Representative
Directors and Directors resolved in the meeting of the Board of Directors held on March 28, 2024.

1. Reason for the Change
Chiyoda is to realize the company's quick decision-making with new management.

2. Change of Representative Directors(1) The newly-appointed Representative Director
The changes will become effective following the adoption of resolutions at the Ordinary General
Meeting of Shareholders to be held in the second half of June 2024, and to be approved at themeeting of the Board of Directors Meeting at the same day.
NameKoji Ota
Naoki Kobayashi

New Title
Representative Director,
President,
CEO & CSO
Representative Director,
Executive Vice President

Current Title（As of April,1）
Director, President,
CEO & CSO
Director, Executive VicePresident(2) Retired Representative Director(Effective at Ordinary General Meeting of Shareholders to be held in the second half of June2024)
NameMasakazu Sakakida

New Title
Director,
Chairman of the Board, CWO

Current Title（As of April,1）
Representative Director
Chairman of the Board, CWO

3. Change of Directors(Not Representative Directors; Not Audit and Supervisory Committee Member)
Officially, these changes will be decided through resolutions made at the Ordinary General
Meeting of Shareholders to be held in the second half of June 2024.

(1) Candidate for newly-appointed Director
New Title

Current Title（As of April,1）

Director,Senior Executive Vice
President

Senior Executive Vice
President

Name
Hiroyuki Shimizu

Takuya Kuga

Director

Newly Appointed

Shoko Kuroki

Director

Newly Appointed

Important Concurrent Post

－Executive Vice President ofMitsubishi Corporation
Outside Director, Mitsubishi
HC capital Inc.
Outside Director, IX
Knowledge Inc.
Outside Director, C’BON
COSMETICS Co., Ltd.
Outside Director, OSAKIELECTRIC CO., LTD.
Outside Director, PARK24
CO., LTD.

*Shoko Kuroki: Independent Officer Candidate; subject for company’s approval and stipulated by Tokyo Stock Exchange
independence standards.

(2) Retired Director(Effective at Ordinary General Meeting of Shareholders to be held in the second half of June2024)
Masao Ishikawa (Director)

4. Change of Directors(Audit and Supervisory Committee Member)
Officially, these changes will be decided through resolutions made at the Ordinary General
Meeting of Shareholders to be held in the second half of June 2024.

(1) Candidate for newly-appointed Director
Name

Yumiko Matsuo

New Title

Current Title

Director, Audit &Supervisory
Committee Member

Newly Appointed

Important Concurrent Post
Attorney of MinatoInternational Law OfficeOutside Director,
Triumfield Holdings Co., Ltd.
Outside Director,
TRANSACTION CO., Ltd.
Outside Director,
SIGMAKOKI CO., LTD.

*Yumiko Matsuo: Independent Officer Candidate; subject for company’s approval and stipulated by Tokyo Stock Exchange
independence standards.

(2) Retired Director(Effective at Ordinary General Meeting of Shareholders to be held in the second half of June2024)
Mika Narahashi (Director, Audit and Supervisory Committee Member)-End-