Notice Regarding Changes in Representative Corporate Executive Officers

WEBWIRE – Friday, January 7, 2022

Mitsubishi Chemical Holdings Corporation (MCHC) hereby announces that its Board of Directors meeting today passed a resolution on personnel changes with regard to the Representative Corporate Executive Officer as detailed below.

1. Current and New Representative Corporate Executive Officers

New Position / Current Position / Name

Executive Vice President – Head of Petrochemical and Coal business / Representative Managing Corporate. Executive Officer, Supervising Corporate Strategy, Division, Corporate Communications. Office (Branding) / Yoshihiro Ikegawa

Representative Corporate Executive Officer, Executive Vice President, Chief Supply Chain Officer / Representative Director, Director of the Board, Managing Executive Officer, Supervising- Supply Chains, Mitsubishi Chemical Corporation /Nobuo Fukuda

2. Biography of the New Representative Corporate Executive Officer

Nobuo Fukuda  – (Date of Birth: December 9, 1958  – Number of shares held: 21,074)

1981 Joined Mitsubishi Chemical Industries Limited (currently, Mitsubishi Chemical Corporation)

2012 General Manager, Kurosaki Plant, Mitsubishi Chemical Corporation

2014 Executive Officer, General Manager of Chemical Products, Mitsubishi Chemical Corporation

2021 Representative Director, Director of the Board, Managing Executive Officer supervising- Supply Chains, Mitsubishi Chemical Corporation (current position)

3. Scheduled Date of Personnel Changes

April 1, 2022

4. Reason for the Personnel Changes

Changes in the management structure

In its new management policy “Forging the future” announced on 1 December 2021, MCHC announced its management structure from 1 April 2022. For more details, please refer to the attached press release “4. Leaner Structure to Execute Strategy”.

https://www.mitsubishichem-hd.co.jp/english/ir/01168.html

Corporate Executive Officers of MCHC from 1 April 2022 onwards is shown in the Annex.

Annex

Corporate Executive Officers (as of April 1, 2022)

Representative Corporate Executive Officer, President and Chief Executive Officer Jean-Marc Gilson Representative Corporate Executive Officer, Executive Vice President Chief Supply Chain Officer – Nobuo Fukuda

Executive Vice President, Chief Financial Officer Supervising – finance, communication, IR and government affairs – Yuko Nakahira

Executive Vice President, Chief Compliance Officer General Counsel Supervising – legal, internal control, admin, HR and corporate administration – Ken Fujiwara

Executive Vice President Head of Films & Molding Materials / Advanced Solutions Johei Takimoto Executive Vice President Head of Polymers & Compounds / MMA Hitoshi Sasaki Executive Vice President Head of Petrochemical & Coal business – Yoshihiro Ikegawa

Executive Vice President Head of Pharma Hiroaki Ueno Senior Vice President, Chief Technology Officer – Larry Meixner

Senior Vice President Supervising – government affairs –  Shigeki Habuka

Corporate Executive Officers supervising digital and audit will be decided in due course