Notice Regarding Appointment of Audit & Supervisory Board Member

Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To Whom It May Concern

January 25, 2019

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
Securities code: S2D (Singapore Exchange, Mainboard)
Contact: Director and CFO: Noboru Hirano
TEL: +81-3-3435-2865

Notice Regarding Appointment of Audit & Supervisory Board Member

Tosei Corporation (the “Company”) hereby announces that it has resolved at the Board of Director meeting held on January 25, 2019, to submit a proposal regarding the appointment of Audit & Supervisory Board Member to the 69th Ordinary General Meeting of Shareholders scheduled on February 27, 2019.
  1. 1.Reason for Appointment

    The term of office of Audit & Supervisory Board Member Mr. Hiroshi Nishinakama will expire at the conclusion of the Meeting. Accordingly, we appoint the election of one (1) Audit & Supervisory Board Member. 
  2. 2.Profile of New Audit & Supervisory Board Member
    Name
    (Date of birth)
    Career summary and positions in the Company
    (Important concurrent positions outside the Company)

    Hitoshi Yagi

    (Oct. 2, 1958)
    Apr.1982 Joined The Nippon Credit Bank, Ltd. (the predecessor of Aozora Bank, Ltd.)
    Apr.1999 Head of Real Estate Research Office, Sales Strategy Division II of The Nippon Credit Bank, Ltd.
    Aug.2000 Senior Manager of Real Estate Finance Group, Investment Banks Division of The Nippon Credit Bank, Ltd.
    Aug.2004 Joint General Manager of Corporate Business Division V of The Nippon Credit Bank, Ltd.
    Aug.2009 Joint General Manager of Human Resources Division of The Nippon Credit Bank, Ltd.
    Oct.2011 Joint General Manager of Internal Audit Division of The
    Nippon Credit Bank, Ltd.
  3. Note: He is candidates for outside Audit & Supervisory Board Member.

End