Press Release
PR20220201_01 187

Transition to a Company with Audit and Supervisory Committee /Executive Appointments and Resignations
Yokohama, February 1, 2022 --- Socionext Inc. today announced its plans to transition to a
Company with Audit and Supervisory Committee to strengthen its corporate governance. The
transition is subject to the approval of the proposal to amend its Articles of Incorporation at theExtraordinary General Meeting of Shareholders to be held on March 30, 2022. Accordingly, thecompany has decided on the "Candidates for Board Directors” to be submitted to the General
Meeting of Shareholders on the same day. The company also decided on its Executive Officers
effective April 1, 2022.

1. Transition to a Company with Audit and Supervisory Committee(1) Purpose
The company will appoint the Audit & Supervisory Committee Members, who are responsible for
auditing the execution of duties by the Board Directors, as the members of the Board of Directors.
With this move, it will further enhance corporate governance by strengthening the supervisory
function of the Board of Directors, and by clarifying responsibilities of executives and improving
decision-making efficiency through the delegation of authority.
(2) Schedule
At the Extraordinary General Meeting of Shareholders scheduled for March 30, 2022, the company
plans to obtain the approval necessary for the amendments to the Articles of Incorporation andtransition to a Company with Audit and Supervisory Committee.

2. Candidates for Board Directors(1) Candidates for the Board Directors (except for the Audit & Supervisory Committee Members)(To be submitted to the Extraordinary General Meeting of Shareholders on March 30, 2022)

New Title

Current Title

Representative Director,

Representative Director

Chairman & President& Chairman

Koichi Otsuki

Board Director

Noriaki Kubo

Board Director

Representative Director

Yutaka Yoneyama

Board Director(New)

Shin-ichi Ando

Board Director

Katsushi Kitajo

Board Director(New)Morimasa Ikemoto

Board Director



Yoshiyuki Miyabe

Board Director

Masatoshi Suzuki

Board DirectorMasahiro Koezuka

Press Inquiry:
Socionext Inc. https://www.socionext.com/en/contact/
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PR20220201_01 187(2) Candidates for the Audit & Supervisory Committee Members(To be submitted to the Extraordinary General Meeting of Shareholders on March 30, 2022)

Tsuyoshi Sakuma

New Title

Current Title

Board Director

Board Director(Audit & Supervisory CommitteeMember)

Kenji Hanawa

Board Director

Audit & Supervisory(Audit & Supervisory Committee

Board MemberMember)

Sachiko Kasano

Board Director

Audit & Supervisory(Audit & Supervisory Committee

Board MemberMember)

Yasuyoshi Ichikawa

Board Director(New)(Audit & Supervisory Committee
Member)(3) Resignation of the Board Directors, Audit & Supervisory Board Member(Effective at the end of Extraordinary General Meeting of Shareholders on March 30, 2022)

Current Title
Yoshifumi Okamoto

Representative Director &President

Tom Miyake

Board Director

Tsutomu Nozaki

Audit & Supervisory BoardMember

Okamoto will be appointed as Special Technology Advisor on March 30.
Miyake will continue to serve as Corporate Executive Vice President.
New duties of Nozaki are to be decided.

3. Executive Officers (As of April 1, 2022)
Masahiro Koezuka

Representative Director, Chairman, President & CEO

Koichi Otsuki

Deputy President

Noriaki Kubo

Deputy President

Yutaka Yoneyama

Corporate Executive Vice President

Shin-ichi Ando

Corporate Executive Vice President

Mitsugu Naito

Corporate Executive Vice President

Hisato Yoshida

Corporate Executive Vice President

Tom Miyake

Corporate Executive Vice President

Tadashi SaitoCorporate Senior Vice President

Seiji Goto

Corporate Senior Vice President

Yutaka Hayashi

Corporate Senior Vice President

Masaitsu Nakajima

Corporate Senior Vice President

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PR20220201_01 187

About Socionext
Socionext is a global, innovative enterprise that designs, develops and delivers System-on-Chip solutions tocustomers worldwide. The company is focused on technologies that drive today’s leading-edge applications inconsumer, automotive and industrial markets. Socionext combines world-class expertise, experience, and anextensive IP portfolio to provide exceptional solutions and ensure a better quality of experience for customers.
Founded in 2015, Socionext Inc. is headquartered in Yokohama, and has offices in Japan, Asia, United Statesand Europe to lead its product development and sales activities. For more information, visit
https://www.socionext.com/en/

All company or product names mentioned herein are trademarks or registered trademarks of their respective
owners. Information provided in this press release is accurate at time of publication and is subject to change
without advance notice.

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