January 21, 2022
ITOHAM YONEKYU HOLDINGS INC.
President and Chief Executive officer: Isao Miyashita(Tokyo Stock Exchange Securities Code: 2296)
Contact: Kenji Uchiyama, Investor Relations Section,
Corporate Strategy Planning OfficeTel: +81-3-5723-6885

Notice Regarding Changes in Organization,
Representative Director, Directors and Executive Officers

ITOHAM YONEKYU HOLDINGS INC. (the Company) hereby announces that the Board of Directors has
resolved at a meeting held today to make the following changes in the organization, representative director,and directors and executive officers. The details are as follows.

1. Organizational Changes
As part of the priority policies in the Medium-term Management Plan 2023, which include “Strengthening
Management Base,” “Initiatives for New Businesses and Markets,” and “Initiatives for Sustainability,” theentire group will be reorganized into a more efficient and competitive organization organized by function tomaximize the effects of the integration and promote sustainability management.
Effective April 1, 2022
(1) Establishment of Processed Foods Division
In order to enable flexible management decisions to be made on a business strategy segment basis,
the Company will integrate the headquarters functions of the processed food business of Itoham
Foods Inc., and Yonekyu Corp., to establish a new “Processed Foods Division,” and “Business
Strategy Division.,” “Sales Division” and “Production Division” will be newly established under its
control.
(2) Establishment of Administration Division
To strengthen the collaboration of corporate function and enhance the management and support
system from the perspective of optimizing the Group as a whole, the Company will newly establish the“Administration Division” and reorganize the “Accounting & Finance Department,” “General Affairs
Department,” “Human Resources Department,” “Legal & Compliance Department,” and “ITManagement Office” to be under its control.
(3) Establishment of Sustainability Management Office

In order to establish a system to promote sustainability management throughout the Group and tofulfill our social responsibilities through our business, the Company will newly establish the“Sustainability Management Office” under the Administration Division.

(4) Establishment of New Business Development Office
To strengthen the Group's efforts in new areas of growth and establish a system to promote newbusinesses, the Company will establish the “New Business Development Office” under the control ofthe CEO Office.

1(5) Establishment of Public & Investor Relations Office
To enhance communication with stakeholders and improve corporate value, the Company will
establish the “Public & Investor Relations Office” under the President's Office, and reorganize the“Public Relations Section” and “Investor Relations Section” into an organization under the control of
the “Public & Investor Relations Office”.
2. Resignation of Representative Director
Late June 2022 (Subject to resolution at the Ordinary General Meeting of Shareholders of ITOHAMYONEKYU HOLDINGS INC.)
NameNewCurrent
IkurouExecutive Vice President
ShibayamaIn charge of Group Processed Foods
Business
In charge of Quality Assurance
Chief Executive Officer, Itoham Foods
Inc.
Director, Yonekyu Corp.
*He is scheduled to retire from all positions and titles other than Executive Vice President of ITOHAMYONEKYU HOLDINGS INC. on April 1, 2022.
3. Selection of Candidates for New Directors
Late June 2022 (Subject to resolution at the Ordinary General Meeting of Shareholders of ITOHAMYONEKYU HOLDINGS INC.)
Name
NewCurrent
Koichi Ito
Director Managing Executive Officer
Senior Executive Officer
Chief Operating Officer, Processed Foods Director, Deputy Chief Operating Officer,
Business Div.
Processed Foods Div., and Senior
Chief Executive Officer, Itoham Foods General Manager, Business Strategy Div.,Inc.
Itoham Foods Inc.
Director, Yonekyu Corp.
*He is scheduled to assume all positions and titles other than Director of ITOHAM YONEKYUHOLDINGS INC. on April 1, 2022.
Name and Brief Profile of Candidate for New Director
NameCareer background(Date of Birth)
April, 1997:
Joined Itoham Foods Inc.
July 2006:
Executive Officer, Itoham Foods Inc.
March 2009: Executive Officer and Deputy Chief Operating Officer, Meat Div.,
Itoham Foods Inc.
June 2010:Director, Itoham Foods Inc.
March 2013: Director Executive Officer, Senior General Manager-Food Service
Sales, Processed Foods Div., Itoham Foods Inc.
Koichi Ito
April 2016:
Boardmember, ANZCO FOODS LTD.
(March 16, 1975)
April 2018:
Senior Executive Officer, ITOHAM YONEKYU HOLDINGS INC.
(Current)
March 2019: Executive Director and General Manager, Corporate Strategy
Planning Office, Yonekyu Corp.
April 2020:
Director and Chief Operating Officer, Meat Div., Itoham Foods Inc.
April 2021:
Director, Deputy Chief Operating Officer, Processed Foods Div.,and Senior General Manager, Business Strategy Div., Itoham Foods
Inc.(Current)24. Appointment and Promotion of Executive Officers, and Changes in the Scope of Responsibilities andDuties of Directors and Executive Officers
Effective April 1, 2022
NameNew
Current
Katsuhiro Ito
Director Managing Executive Officer
Director Managing Executive Officer
Chief Financial Officer
In charge of Corporate (Accounting &In charge of Compliance
Finance / General Affairs / Human
Senior Managing Director, Itoham Foods
Resource Dept.)Inc.
In charge of ComplianceDirector, Yonekyu Corp.
Senior Managing Director, Chief Financial
Officer, Itoham Foods Inc.
Takamasa
Director Managing Executive Officer
Director Senior Executive Officer
Wakaki
Chief Operating Officer, Meat BusinessGroup Meats BusinessDiv.
Chief Operating Officer, Meats Div.
Executive Director, Itoham Foods Inc.
Executive Director, Chief OperatingDirector, Yonekyu Corp.
Officer, Meat Div., Itoham Foods Inc.
MasayukiManaging Executive Officer
Senior Executive Officer
YonedaDeputy Senior General Manager,
Executive Director, Chief Operating
Processed Foods Business Div.
Officer, Processed Foods Div., Itoham
Executive Director, Itoham Foods Inc.
Foods Inc.
TakeshiSenior Executive Officer
Senior Executive Officer
KoyamaGeneral Manager, CEO Office andGeneral Manager, CEO Office andGeneral Manager, Corporate Strategy
General Manager, Corporate Strategy
Planning OfficePlanning Office
In charge of Group Logistics
In charge of Group Logistics
General Manager, ABC Business
Promotion Office
TsuyoshiSenior Executive Officer
Senior Executive Officer
Fukunishi
Asian Best Chicken Co.,Ltd (temporary
Executive Director, Yonekyu Corp.
transfer)
Senior General Manager-Production
Yoshiyuki
Senior Executive Officer
Senior Executive Officer
Ishimatsu
Senior General Manager-Production Div., Chief Group Production Officer
Processed Foods Business Div.
Purchasing Dept.
In charge of Purchasing Dept.
Senior General Manager-Production,
In charge of Central Research Institute
Processed Foods Div., Itoham Foods Inc.
Tomoyuki
Senior Executive Officer
Senior Executive Officer
Ushimaru
Senior General Manager-Sales Div.,
Senior General Manager-Sales Div.,
Processed Foods Business Div.
Processed Foods Div., Itoham Foods Inc.
Chief Executive Officer, Itoham Sales Inc. Chief Executive Officer, Itoham Sales Inc.
Kouki Haruna
Executive Officer
Executive Officer
Senior General Manager-Business
Deputy General Manager-Business
Strategy Div., Processed Foods Business Strategy Div., Processed Foods Div. andDiv.
General Manager, Marketing Dept.,
Itoham Foods Inc.
KatsumiExecutive Officer
Executive Officer
NozawaDeputy Senior General Manager,General Manager, PMI OfficeAdministrative Div,
Executive Director, Yonekyu Corp.
and General Manager, PMI Office
Chief Financial Officer
Akira Maeda
Executive Officer (new)General Manager, Accounting & Finance
General Manager, Accounting & Finance
Dept.
Dept., Administration Div.

3NameHiroyuki Tamai

New

Current

Executive Officer
General Manager, New Business
Development OfficeHirohiko
YoshinoExecutive Officer
Senior General Manager-Imported Meat,
Meat Business Div.

TakuyaHashimotoExecutive Officer
General Manager, IT Management Office,Administration Div.

5. Resignation of Executive Officers
Effective March 31, 2022
NameNew
Masaaki Sone Advisor, Production Div. (*1)
Ryuji Otsuki

Chief Executive Officer, Itoham Meat
Sales East Inc.(*2)

Hidetoshi
NoguchiChief Executive Officer, Yonekyu Delica
Foods Corp.

Executive Officer
General Manager, Processed FoodBusiness Dept.,Yonekyu Corp.
/ General Manager, Marketing Unitand Manager, Sales Promotion Section
Executive Officer
Deputy Senior General
Manager-Imported Meat, Meat Div.
General Manager, Meat Business Dept.,
Yonekyu Corp.
Executive Officer
General Manager, IT Management Officeand Manager, MIRAIKIBAN Section

Current
Senior Executive Officer
Chief Group R&D Officer
In charge of Central Research InstituteExecutive Officer
Senior General Manager-Imported Meat,Meat Business Div.
Executive Officer
Chief Executive Officer, Yonekyu Delica
Foods Corp.

*1 The Advisor is scheduled to take office on April 1, 2022.
*2 Chief Executive Officer of Itoham Meat Sales East Inc. is scheduled to take office on April 1, 2022.

4

(Reference）

New Organization Chart （Effective April 1, 2022）
Generalshareholders
meeting
Audit &Supervisory
Board
Nomination
Advisory
Committee

Board ofDirectors

Compensation
Advisory
Committee
GovernanceCommittee
Compliance
Committee
Sustainability
Committee

CrisisManagementCommittee

In charge ofCentralResearch

In charge ofPurchasing
Dept.

President

CEO OfficeGroupExecutive
Committee

Audit Office

Investment andLoanCommittee

CrisisManagementOffice

In charge ofGroup Logistics

Administration
Div.

CentralResearchInstituteCentralResearchInstitute

Logistics Dept.

Accounting &Finance Dept.

Processed
Foods BusinessDiv.

Meat Business
Div.

Imported MeatDiv.

Quality
Assurance
Dept.

Corporate Strategy Planning Office
PMI Office
New Business Development OfficePublic & Investor Relations OfficeBusiness
Strategy Dept.

Imported Beef
Dept.

Processed
Meat Dept.

Domestic Meat
Div.

Meat Process &Farm Div.

Sales Div.

Domestic Beef
Dept.

Domestic Meat
Process &Farm Dept.

SalesManagement
Dept.

Overseas
Business Dept.

Sales
PromotionDept.

General Affairs
Dept

Imported Pork
Dept.

Domestic Pork
Dept.

Sustainability
Management
Sect.

Imported
Poultry Dept.

Domestic
Poultry Dept.

Trading Dept.

Domestic
Poultry Dept.

Human
Resource Dept.

Business
Strategy Div.

Production Div.

Business
Planning Dept.

Production
Planning Dept.

Marketing Dept.

ProductDevelopment
Dept.
Quality Control
Dept.
TechnicalCenter

Legal &Compliance
Dept.

Production
Management
Dept.

Logistics Dept.

Production
Material Dept.

IT Management
Office5