February 5, 2019 Japan Pulp & Paper Co., Ltd. Change of Directors of the Board and s Japan Pulp & Paper Co., Ltd. resolved the following changes at the meeting of the board of directors on February 5,2019. I. Change of 1. Newly appointed ; end of June, 2019 Chihiro Katsuta 2.Retiring of ; end of June, 2019 Kenzo Noguchi Senior Advisor Chairman of the Board Retiring of will be effective on the close of the General Meeting of Shareholders scheduled for the end of June. II. Change of Directors of the Board 1. Newly appointed Directors of the Board; end of June, 2019 Kazuhiko Sakurai Sumiko Takeuchi* This appointment is subject to final approval at the General Meeting of Shareholders scheduled for the end of June. *Indicates Outside Director as provided for in Article 2-15 of the Companies Act. Designated for Independent Director as specified by the Tokyo Stock Exchange and other exchanges in Japan. 2.Retiring of ; end of June, 2019 Name New As of April 1 Hikaru Kobayashi* Retired Retiring of will be effective on the close of the General Meeting of Shareholders scheduled for the end of June. *Indicates Outside Director as provided for in Article 2-15 of the Companies Act. Designated for Independent Director as specified by the Tokyo Stock Exchange and other exchanges in Japan. 1
Change of s 1.Promotions & Related Personnel Changes for s; April 1, 2019 Mitsutoshi Imamura Global Business, ICT & Specialties Corporate Planning Division Corporate Planning Division Finance & Administration Division, President, JP Information Center Co., Ltd. President, JP Information Center Co., Ltd.. Kitanihon Branch Newsprint & Publication Paper Sales Division Deputy Chubu Branch Industrial Materials Sales Division Deputy Kansai Branch Kyushu Branch Kyushu Branch Newsprint & Publication Paper Sales Division Kitanihon Branch Industrial Materials Sales Division 2.Newly appointed s; April 1, 2019 Kenichiro Fujii Finance Dept. Finance & Administration Division Director, JP Corelex Holdings Co., Ltd. International Sales Dept. 2
3.Retiring of ; March 31, 2019 Katsuhiro Tsukuma Advisor 3
Management Structure (as of April 1, 2019) Directors of the Board and Audit & Supervisory Board Members, Chairman of the Board, President Directors of the Board Audit & Supervisory Board Members Kenzo Noguchi Akihiko Watanabe Tomoyuki Miyazaki* Chihiro Katsuta* Hikaru Kobayashi** Itaru Masuda** Satoshi Sakai Katsunori Kitamura Naofumi Higuchi * Indicates also serving as an. ** Indicates Outside Director as provided for in Article 2-15 of the Companies Act.Designated for Independent Director as specified by the Tokyo Stock Exchange and other exchanges in Japan. s s Executive Vice Presidents COO Global Business, ICT & Specialties Paper Sales & Marketing Paper Merchant Sales Division Kansai Branch President, Eco Paper JP Co., Ltd. Tomoyuki Miyazaki Chihiro Katsuta Tokuhichi Dazai Kazuhiko Sakurai Tetsuo Izawa Toru Teshima Koji Kassai s Global Business, ICT & Specialties Mitsutoshi Imamura Corporate Planning Division Purchasing Division Printer & End User Sales Division Chubu Branch President, JP Information Center Co., Ltd. Hiroshi Ebihara Makoto Shimada Susumu Tanaami s Finance & Administration Division Kenichiro Fujii Newsprint & Publication Paper Sales Division Industrial Materials Sales Division International Sales Division Functional Materials & Communication Paper Sales Division al Business Division Deputy Kansai Branch Kyushu Branch Kitanihon Branch Vice President, Eco Paper JP Co., Ltd. President, Japan Pulp & Paper (U.S.A.) Corp. Hiroshi Kashima Seiichi Suganuma Makoto Shirotani Shinichiro Yamamoto Masaaki Sato 4
Management Structure (as of end of June, 2019) Directors of the Board and Audit & Supervisory Board Members, President Directors of the Board Akihiko Watanabe Chihiro Katsuta* Tomoyuki Miyazaki* Kazuhiko Sakurai* Itaru Masuda** Sumiko Takeuchi** Audit & Supervisory Board Members Satoshi Sakai Katsunori Kitamura Naofumi Higuchi * Indicates also serving as an. ** Indicates Outside Director as provided for in Article 2-15 of the Companies Act.Designated for Independent Director as specified by the Tokyo Stock Exchange and other exchanges in Japan. s s Chihiro Katsuta Executive Vice Presidents COO Global Business, ICT & Specialties Paper Sales & Marketing Paper Merchant Sales Division Kansai Branch President, Eco Paper JP Co., Ltd. Tomoyuki Miyazaki Kazuhiko Sakurai Tokuhichi Dazai Tetsuo Izawa Toru Teshima Koji Kassai s Global Business, ICT & Specialties Mitsutoshi Imamura Corporate Planning Division Purchasing Division Printer & End User Sales Division Chubu Branch President, JP Information Center Co., Ltd. Hiroshi Ebihara Makoto Shimada Susumu Tanaami s Finance & Administration Division Kenichiro Fujii Newsprint & Publication Paper Sales Division Industrial Materials Sales Division International Sales Division Functional Materials & Communication Paper Sales Division al Business Division Deputy Kansai Branch Kyushu Branch Kitanihon Branch Vice President, Eco Paper JP Co., Ltd. President, Japan Pulp & Paper (U.S.A.) Corp. Hiroshi Kashima Seiichi Suganuma Makoto Shirotani Shinichiro Yamamoto Masaaki Sato 5