Asics : Notice of Establishment of a Nomination and Compensation Committee

平成20年3月31日 Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

Name of the Company: ASICS Corporation

March 28, 2016

President and CEO, Representative Director: Motoi Oyama Code Number: 7936 Listing Exchanges: Tokyo

Notice of Establishment of a Nomination and Compensation Committee

ASICS Corporation (hereinafter, the "Company") is pleased to announce that a Nomination and Compensation Committee has been established as a voluntary advisory body to the Company's Board of Directors.

1. Objective

   The Company established the Nomination and Compensation Committee (hereinafter, the "Committee") to ensure fairness and transparency in decisions on nominations and compensations of Directors and Executive Officers.

   
   

2. Authority and Responsibility of the Committee

   When the Company's Board of Directors consults the Committee about the items as stated below, the Committee has the authority and responsibility to deliberate such items and to advise the Board.

   (Main Items for deliberation)

   ・Appointment of Directors and Executive Officers

   ・Performance evaluation of Directors and Executive Officers

   ・Selection criteria for independent outside Directors and independent outside Audit & Supervisory Board members

   ・Policy and procedure to decide the amount and the calculation method of compensations for Directors and Executive Officers

   
   

3. Composition

・President and CEO, Representative Director Motoi Oyama (Chairman)

・Independent Outside Directors Katsuro Tanaka, Kenji Kajiwara, Takeshi Hanai and Hitoshi Kashiwaki

・Special Senior Advisor Ryuji Hori

END