Notice of Organization and Personnel Changes

2026.02.17

We would like to inform you that we will be implementing changes to our organizational structure and executive appointments as detailed below.

Organization Changes (effective from April 1, 2026)

Background and purpose of changes

 By dividing the areas of responsibility of the International Petro-Materials Business Department into
 separate groups, we will establish a structure that enables more efficient business operations.

Details of the changes

 The Crude Oil and Products Group and the Petrochemical Feedstocks Group will be newly established within
 the International Petro-Materials Business Department.

Assignments of Executive Officers (effective from April 1, 2026)