Announcement of Personnel Changes

2021.06.10

 Taiyo Oil hereby announces that it will carry out the personnel changes described below.

Personnel changes (effective from June 22, 2021)

Name

New affiliation

Current affiliation

Toshinori Nagai

Japan Underground Oil Storage Co., Ltd. (temporary assignment)

Assistant, General Affairs Department, Shikoku Operations

 *At the General Meeting of Shareholders of Japan Underground Oil Storage Co., Ltd. and subsequent Board of Directors Meeting that are scheduled to be held on June 22, 2021, Mr. Nagai is scheduled to be appointed as “Member of the Board & Kikuma Office Manager” of the company (with the transfer to the company scheduled for July 1).